INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Turkey’s Erdogan skips Glasgow climate conference

Ankara already has a military base in Somalia, and Morocco and Tunisia. AFP
  • The Anadolu state news agency did not explain why Erdogan decided not to attend
  • Turkey's parliament this year finally ratified the Paris climate agreement

President Recep Tayyip Erdogan on Monday returned to Turkey from the G20 summit in Rome, cancelling his planned attendance at the COP26 conference in Glasgow, according to state media reports.

The Anadolu state news agency and other media did not explain why Erdogan decided not to attend.

Turkey’s parliament this year finally ratified the Paris climate agreement, and Erdogan has been stressing his concern for environmental issues ahead of a general election due within the next two years.

Erdogan’s decision follows a crunch meeting in Rome on Sunday with US President Joe Biden, which the Turkish leader had expected to take place on the sidelines of the COP26 event.

The two leaders agreed to try to move past a range of disputes, including Turkey’s purchase of a Russian air defence system and concerns about the state of human rights under Erdogan.