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

Erdogan holds closed-door meeting with Libyan PM

  • The leaders later attended a meeting between the countries' delegations
  • Turkey and the North African country have seen closer ties in recent years, especially after the signing of security and maritime boundary pacts in November 2019

Turkey’s president Recep Tayyip Erdogan and Libya’s prime minister Abdul Hamid Dbeibeh had a one-on-one closed-door meeting at the Vahdettin Mansion in Istanbul that lasted for an hour-and-a-half.

The leaders later attended a meeting between the countries’ delegations.

Participating the closed-door meeting were Turkey’s Treasury and Finance Minister Lutfi Elvan, Trade Minister Mehmet Mus, Turkish Central Bank Governor Sahap Kavcioglu, and Principal Consultant to President Sefer Turan.

Turkey and the North African country have seen closer ties in recent years, especially after the signing of security and maritime boundary pacts in November 2019, along with Turkey’s aid to help the legitimate Libyan government push back a putschist revolt.