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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

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Erdogan urges parties to seize ‘window of opportunity’ on Ukraine

Turkish President Recep Tayyip Erdogan makes a statement to the press members after chairing the Cabinet Meeting held at the Presidential Complex in Ankara, Turkiye on May 12, 2025. AFP
  • "I would like to reiterate that we are ready to contribute to these meetings and we will be happy to host them," Erdogan said
  • Zelensky said he wanted Trump to attend the direct peace talks with Russia, after the US leader said he was "thinking" of going

Istanbul, Turkey – Turkish President Recep Tayyip Erdogan on Monday urged parties to take advantage of recent contacts to strike a deal toward peace in Ukraine, after speaking with the country’s leader.

“I would like to reiterate that we are ready to contribute to these meetings and we will be happy to host them,” Erdogan said, referring to direct Ukraine-Russia talks expected to take place in Istanbul later this week.”A new window of opportunity has opened with the recent contacts. We hope that this opportunity will not be wasted,” Erdogan said after talking with Ukraine’s President Volodymyr Zelensky.Zelensky said he wanted US President Donald Trump to attend the direct peace talks with Russia, after the US leader said he was “thinking” of going.