Search Site

Trends banner

IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Russia’s Lavrov visits Beijing to discuss Ukraine

This handout photo taken and released by the Ukrainian State Emergency Service on July 12, 2025, shows a car burning following mass Russian strikes in the western Ukrainian city of Lviv, amid the Russian invasion of Ukraine. AFP
  • Russia's top diplomat arrived in China following a visit to North Korea, where he received assurances of support in its conflict with Ukraine
  • Lavrov and Wang Yi "discussed relations with the United States and the outlook for settling the Ukrainian crisis," Russia's foreign ministry said in a statement

Moscow, RussiaRussian Foreign Minister Sergei Lavrov met Sunday in Beijing with his Chinese counterpart to discuss Ukraine and relations with the United States.

Russia’s top diplomat arrived in China following a visit to North Korea, where he received assurances of support in its conflict with Ukraine.

Lavrov and Wang Yi “discussed relations with the United States and the outlook for settling the Ukrainian crisis,” Russia’s foreign ministry said in a statement.

China, a diplomatic and economic ally of Moscow, claims to be neutral in the conflict between Russia and Ukraine.

But it has never denounced Russia’s 2022 invasion nor called for it to withdraw its troops, and many of Ukraine’s allies believe that China has provided support for Russia.

Beijing regularly calls for an end to the fighting, while also accusing Western countries of prolonging the conflict by arming Ukraine.

The statement from the Russian foreign ministry said Levrov and Yi also discussed other “burning issues” such as the war in Gaza and the “situation on the Korean peninsula”.