Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe
Trends banner

Economy, Geostrategy

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Turkey and Greece to take steps to improve economic ties

By Hilal Mir
May 31, 2021 4:12 am

    • The feuding NATO members are often at loggerheads over unresolved issues

    • Tensions between the two flared last year over a maritime jurisdiction in the Mediterranean

    Turkey and Greece, two NATO members caught up in a long love-hate relationship, will start taking concrete steps and working on joint projects to improve economic and commercial ties, Turkish Foreign Minister Mevlut Cavusoglu said after talks in Athens, as the NATO members seek to repair ties.

    Tensions between the two flared last year over a dispute over maritime jurisdiction and offshore rights in the eastern Mediterranean, and the countries traded barbs on Sunday over the status of Muslim minorities in Greece.

    Speaking at a news conference with his Greek counterpart Nikos Dendias in Athens, Cavusoglu said they reached an understanding on 25 articles to improve commercial ties, and both countries would recognize each other’s COVID-19 vaccinations, in a move to help tourism.

    Cavusoglu said Turkish President Tayyip Erdogan and Greek Prime Minister Kyriakos Mitsotakis were planning to meet at the NATO summit in Brussels on June 14.

    [adinserter block="5"]

    Most Read

    UAE’s working mothers get extended maternity leave

    The Gulf country is setting a new benchmark for supporting working mothers by doubling the mandated maternity leave to 120 days, Kathryn Martin VFS Global tell TRENDS.

    Getting vaccinated is ‘the most patriotic thing’ to do

    The Fourth of July is a sacred day in our country. A day of history, of hope, remembrance and resolve with promise and possibilities. Before me stands monuments of the…

    Saudi Arabia to generate $150 billion in investments from its new transport policy

    The government would provide thirty-five percent of the investments The rest of it, sixty-five percent, will come from the private sector Saudi Arabia expects to generate $150 billion from investments…

    GCC healthcare: Transforming the region and impacting the world

    PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some of the largest gains relative to its current size

    New-Age Growth Comes Home to the GCC

    The region, fueled by ambition and massive investment, is rapidly advancing in technology and infrastructure, aiming to secure a leading role in the 4IR.

    [adinserter block="4"]