Search Site

Trends banner

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Turkey and Greece to take steps to improve economic ties

    • 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.