Search Site

Trends banner

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

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Trump eyes Erdogan’s help to end Ukraine war

Turkish President Recep Tayyip Erdogan makes a speech during the 105th General Assembly of the Turkish Red Crescent held at ATO Congresium in Ankara, Turkiye on May 5, 2025. AFP
  • Trump said on his Truth Social network that Erdogan had also invited him to visit Turkey and that the Turkish leader would be meeting him in Washington
  • "I look forward to working with President Erdogan on getting the ridiculous, but deadly, War between Russia and Ukraine ended -- NOW!" Trump posted

Washington, United StatesUS President Donald Trump said Monday he wanted to work with Turkish President Recep Tayyip Erdogan to end Russia’s invasion of Ukraine, after the two leaders spoke by telephone.

Trump added on his Truth Social network that Erdogan had also invited him to visit Turkey and that the Turkish leader would be meeting him in Washington.”I look forward to working with President Erdogan on getting the ridiculous, but deadly, War between Russia and Ukraine ended — NOW!” Trump posted.

Trump, who promised to end the Ukraine war within 24 hours of starting his second term in January, has been pushing Kyiv and Moscow to reach a ceasefire deal.

NATO member Turkey has sought to maintain good relations with both of its Black Sea neighbors since the Russian invasion and has twice hosted talks aimed at ending the war.

The two leaders also discussed “all things Syria, Gaza and more” in what Trump called a “very good and productive telephone conversation” with Erdogan.

Trump said he and Erdogan had an “excellent” relationship during his first term as US president from 2017 to 2021.

The Turkish president’s office said Erdogan had told Trump that US efforts to ease sanctions on Syria would “contribute” to stabilizing the war-torn country.

Washington has said any normalization or lifting of sanctions following the December ouster of Bashar al-Assad will depend on verifiable progress by Syria’s new authorities on priorities including actions against “terror.”

Erdogan also thanked Trump for his “approach to ending wars,” with the statement mentioning Ukraine, Gaza and negotiations on Iran.

He raised the issue of the war-battered Gaza Strip, telling Trump that humanitarian aid should “be delivered to Gaza without interruption.”

Israel halted all aid to the 2.4 million Palestinians in Gaza in March and its security cabinet has approved the expansion of military operations in Gaza including the “conquest” of the Palestinian territory.

Trump is due to visit Saudi Arabia, Qatar and the United Arab Emirates next week.