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.

Ukraine leader invites Biden to visit Kyiv in ‘coming days’

Ukrainian leader Volodymyr Zelensky on Sunday invited US President Joe Biden to visit Kyiv. AFP
  • Washington made no mention of an invitation in its readout of the 50-minute call
  • The White House said "Biden reaffirmed the commitment of the United States to Ukraine's sovereignty and territorial integrity.”

Ukrainian leader Volodymyr Zelensky on Sunday invited US President Joe Biden to visit Kyiv to show Washington’s support in the face of a feared Russian invasion.

“I am convinced that your visit to Kyiv in the coming days… would be a powerful signal and help stabilise the situation,” the presidency quoted Zelensky as telling Biden in a phone call earlier Sunday.

Washington made no mention of an invitation in its readout of the 50-minute call.

The White House said “Biden reaffirmed the commitment of the United States to Ukraine’s sovereignty and territorial integrity.

“The two leaders agreed on the importance of continuing to pursue diplomacy and deterrence in response to Russia’s military build-up on Ukraine’s borders,” the White House said.

Zelensky’s office said the two leaders had discussed potential economic sanctions against Russia should it invade its western neighbour, having surrounded it with more than 100,000 troops in the past weeks.

“We are not yet a member of NATO. For this reason, only a strong Ukrainian army can guarantee our state’s security,” Zelensky added after thanking Biden for steady shipments of US military supplies.