Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Turkey calls for ‘dignified way out’ of Ukraine crisis

Turkey, a NATO member, has managed to maintain friendly ties with both Russia and Ukraine throughout the war. (AFP)
  • Erdogan has been using his good working relations with both Moscow and Kyiv to try and find a diplomatic solution to the war.
  • Erdogan delivered his address hours after four Moscow-held regions of Ukraine announced plans to vote in the coming days on annexation by Russia.

UNITED NATIONS, UNITED STATES – Turkish President Recep Tayyip Erdogan called for a “dignified way out” of the seven-month crisis sparked by Russia’s invasion of Ukraine.

Erdogan has been using his good working relations with both Moscow and Kyiv to try and find a diplomatic solution to the war.

He spoke to Ukrainian President Volodymyr Zelensky by phone moments before addressing the opening session of the United Nations General Assembly with an urgent appeal for peace.

“Together, we need to find a reasonably practical diplomatic solution that will give both sides a dignified way out of the crisis,” Erdogan told the United Nations.

He said a lasting peace must be based on protecting Ukraine’s territorial integrity.

“We will continue to increase our efforts to end the war that has flared up again in recent days on the basis of Ukraine’s territorial integrity and independence.

“I invite international organizations and all countries to give sincere support to Turkey’s efforts.”

Erdogan delivered his address hours after four Moscow-held regions of Ukraine announced plans to vote in the coming days on annexation by Russia.

NATO member Turkey never recognized the Kremlin’s annexation of Ukraine’s Crimea peninsula in 2014.