INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Israeli PM Netanyahu to visit Turkey: Erdogan

Turkish President Recep Tayyip Erdogan with Israeli Prime Minister Benjamin Netanyahu at the Turkish House in New York.
  • The two leaders met at the Turkish House in New York on the sidelines of the 78th session of the UN General Assembly
  • The two countries also reached an agreement to raise trade volume from $9.5 billion to a minimum of $15 billion

Istanbul, Turkey–Israeli Prime Minister Netanyahu will visit Turkey, Turkish President Recep Tayyip Erdogan said on Thursday.

“I told him (Netanyahu), ‘We are expecting you first, and then I will pay a visit to Israel with my delegation’, and we agreed on that,” Erdogan told reporters during his visit to New York.

“We will start energy drilling work with Israel. Not only will we begin operating energy transmission lines to Turkey, but also from Turkey to Europe,” he added.

On Tuesday, Erdogan met with Netanyahu at the Turkish House in New York on the sidelines of the 78th session of the UN General Assembly and discussed a range of issues including bilateral ties and the Israeli-Palestinian conflict.

“Currently, we and Israel have a total trade volume of $9.5 billion. We reached an agreement to increase this trade volume from $9.5 billion to a minimum of $15 billion in the first phase,” the Turkish president said.

Erdogan said they discussed what they can do together in international politics.

“We talked about the benefits of establishing a mechanism in which our ministers can participate to increase cooperation in various fields between the two countries,” he added.

It is possible for the two countries to work together to establish new collaborations in areas such as energy, tourism, and technology, Erdogan said.