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.

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.