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.

Zelenskiy to visit Turkiye Friday for grain deal talks with Erdogan

Ukrainian President Volodymyr Zelensky. (AFP file)
  • Turkiye and the UN brokered last year's deal, which allows for the export of grain and other agricultural products from Ukraine's Black Sea ports
  • But Russia, angry about aspects of its implementation, has threatened not to allow it further renewal beyond July 17

Ankara, Turkiye – Ukrainian President Volodymyr Zelenskiy is set to visit Turkiye on Friday to discuss the Black Sea grain deal and the ongoing conflict in Ukraine with President Tayyip Erdogan, according to Turkiye’s state-run Anadolu Agency. 

The grain deal, brokered by Turkiye and the United Nations last year, enables the export of agricultural products from Ukraine’s Black Sea ports despite the war. However, Russia has expressed dissatisfaction with certain aspects of the deal and has threatened to prevent its renewal after July 17.

Zelenskiy and Erdogan will engage in face-to-face talks and participate in inter-delegation meetings, as reported by Anadolu. 

Erdogan, who was recently re-elected for another five-year term, has been keen on maintaining strong relations with both Kiev and Moscow since Russia’s invasion of Ukraine in February 2022.

While Turkiye, as a NATO member, has refrained from imposing economic sanctions on Russia, it has supplied arms to Ukraine and called for the respect of its sovereignty. 

The upcoming meeting between Zelenskiy and Erdogan is expected to address the grain deal’s future and the latest developments in the Ukrainian conflict, underscoring Turkiye’s diplomatic efforts to balance its relationships with key regional players.