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.

Six grain ships depart Ukraine ports after Russia rejoins deal

Asl Tia, a cargo vessel carrying Ukrainian grain, sails on Bosphorus to Marmara sea, in Istanbul. (AFP)
  • Turkey and the United Nations engaged in intense diplomacy to save the agreement designed to ease global food crisis caused by the Russian war in Ukraine
  • Russia's defense ministry said on Wednesday it had received sufficient guarantees from Kyiv that it would not use the maritime corridor to carry out attacks

Istanbul, Turkey— Six grain ships left Ukraine’s ports on Thursday, a day after Russia rejoined a deal to allow exports through the Black Sea, Turkey’s defense minister said.

“After the resumption of the grain initiative, six ships left Ukrainian ports,” Defense Minister Hulusi Akar was quoted as saying by the official Anadolu news agency.

Moscow had said on Saturday that it was temporarily pulling out of the grain deal, accusing Ukraine of using a safe shipping corridor established under the agreement to launch a drone assault on its Black Sea fleet.

Turkey and the United Nations — who brokered the July deal — engaged in intense diplomacy to save the agreement designed to ease global food crisis caused by the Russian war in Ukraine.

Russia’s defense ministry said on Wednesday it had received sufficient guarantees from Kyiv that it would not use the maritime corridor to carry out attacks.