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

Russia, Turkey to sign new S-400 missile contract

  • Turkey's initial purchase of S-400s from Russia soured relations with the US and its NATO allies
  • The United States sanctioned Ankara and has threatened to impose more sanctions if the country bought more major military systems from Moscow

 

The Russian government and Turkey are nearing an agreement to supply Turkey with additional S-400 air defense systems, according to an official of Russia’s Rosoboronexport arms exporter quoted by Interfax, Reuters reported..

Initially, Turkey’s purchase of S-400s from Russia strained ties with the United States and NATO allies. The United States sanctioned Ankara and has threatened to impose more sanctions if the country bought more major military systems from Moscow.