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

Saudi crown prince to visit Turkey on June 22: Turkish official

Saudi Arabia's Crown Prince Mohammed bin Salman.
  • Turkish President Recep Tayyip Erdogan had already paid a visit to Saudi Arabia in late April, where he met the prince before travelling to Mecca
  • According to the Turkish official, other details related to Saudi crown prince visit will be announced "over the weekend"
Saudi Crown Prince Mohammed bin Salman will visit Turkey on June 22, a Turkish official said on Friday. The details of the visit will be announced “over the weekend”, the official added.The two countries will sign several agreements during the trip, which is expected to be in the capital Ankara, but the location is yet to be confirmed, the official added.

Turkish President Recep Tayyip Erdogan had already paid a visit to Saudi Arabia in late April, where he met the prince before travelling to Mecca.

The pair “reviewed the Saudi-Turkish relations and ways to develop them in all fields”, Saudi state news agency SPA said at the time.

With high inflation and a cost-of-living crisis a year before a presidential election, Erdogan is seeking backing from Gulf countries.