Search Site

Honda shares soar 16%

The surge came after the auto giant announced a $7bn buyback.

Mubadala acquires stakes from GHH

It acquired an 80 percent stake in Global Medical Supply Chain.

ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

Putin expects Türkiye’s Erdogan to attend BRICS summit in Russia

Turkish President Recep Tayyip Erdogan (left) with his Russian counterpart Vladimir Putin during a meeting a few months ago. (File)
Turkish President Recep Tayyip Erdogan (left) with his Russian counterpart Vladimir Putin during a meeting a few months ago. (File)
  • Putin says he was due to meet Erdogan on October 23 - a day after the start of the BRICS summit in Russia's Kazan
  • "Our president has many times stated that we want to become a BRICS member," says Turkish main political party

Moscow — Russian President Vladimir Putin said Wednesday he expected his Turkish counterpart Recep Tayyip Erdogan to attend a BRICS summit in Russia next month after Türkiye requested to join the group of emerging economies.
Putin said he was due to meet Erdogan on October 23, a day after the start of the summit in the Russian city of Kazan.
A spokesman for Türkiye’s ruling Justice and Development Party (AKP) said early this month: “Our president has many times stated that we want to become a BRICS member. The process is now underway.”
If admitted, Türkiye would become the first NATO member in the group which sees itself as a counterweight to the Western-led global order.
“In October we will see each other again in Kazan at the BRICS summit, I have a separate meeting planned with him,” Putin said while meeting the speaker of the Turkish parliament, Numan Kurtulmus.
After starting in the early 2000s as investor shorthand for the emerging nations of Brazil, Russia, India, and China, the four nations created the BRIC international forum in 2009.
South Africa joined a year later, making it BRICS, and Saudi Arabia, Argentina, Egypt, Ethiopia, Iran, and the United Arab Emirates joined at the beginning of this year.
Türkiye participated in a BRICS summit in South Africa in 2018.
Chinese President Xi Jinping is expected to attend the BRICS summit in October, Putin said this month.