Search Site

Trends banner

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

Erdogan announces Putin visit to Turkiye in August

Turkish President Recep Tayyip Erdogan.
  • Turkish president's remarks followed his Wednesday phone call with Putin, in which they agreed Putin would visit to Turkiye in the coming days
  • Erdogan told Putin that Turkiye will continue its "intense" efforts and diplomacy for resumption of the Black Sea grain deal

Ankara, Turkiye – Turkish President Recep Tayyip Erdogan on Friday announced that his Russian counterpart Vladimir Putin would visit Ankara during August, adding that the date has not yet been set.

“The date is not clear, but the foreign minister, head of the intelligence organization, they are all holding talks,” Erdogan told reporters today.

Erdogan’s remarks followed his Wednesday phone call with Putin, in which they agreed Putin would pay a visit to Turkiye in the coming days.

Erdogan also told Putin that Turkiye will continue its “intense” efforts and diplomacy for resumption of the Black Sea grain deal.

On July 17, Russia suspended its participation in the deal, which it signed in July 2022 along with Turkiye, the UN, and Ukraine to resume grain exports from Ukrainian Black Sea ports which were paused after the Russia-Ukraine war began in February. Moscow has complained that the Russian part of the agreement was not being implemented.