INSEAD Day 4 - 728x90

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

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

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”.