United Arab Emirates

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Exports climb to $22 billion in May

Türkiye's exports rose 14.4 percent from a year ago to $21.7 billion in May, after plunging 17 percent annually in the previous month, data from the Turkish Statistical Institute (TÜİK) have shown.

Imports, which declined nearly 5 percent in April, increased by 15.5 percent last month to stand at $34.2 billion.

EU approves 11th sanctions package against Russia over Ukraine

European Union governments agreed on Wednesday to an 11th package of sanctions against Russia over its invasion of Ukraine, aimed at stopping other countries and companies from circumventing existing measures.

The new package, tweeted by Sweden as EU president, forbids transit via Russia of an expanded list of goods and technology which might aid Russia's military or security sector.

VP Yılmaz, Finance Minister Şimşek visit UAE

Vice President Cevdet Yılmaz, Treasury and Finance Minister Mehmet Şimşek have traveled to the United Arab Emirates for a one-day working visit.

The duo will hold a series of meetings and will meet with President Sheikh Mohammed bin Zayed Al Nahyan to discuss cooperation opportunities between the two countries, said the Turkish Presidency's Communications Directorate.

Montenegro Sentences Crypto Fugitive to Four Months in Jail

Police officers escort South Korean crypto mogul Do Kwon (C) in Podgorica, Montenegro. Photo: EPA-EFE/BORIS PEJOVIC

On March 23, Do Kwon and Han Chang-Joon, a senior executive at Chai, a mobile payment provider, were arrested at Podgorica airport trying to board a private flight to Dubai in the United Arab Emirates with falsified travel documents from Costa Rica.

Vucic thanks bin Zayed for his engagement towards resolution of issues

BELGRADE - Serbian President Aleksandar Vucic spoke on Thursday in Belgrade with UAE President Sheikh Mohammed bin Zayed al Nahyan about current developments in Kosovo-Metohija and thanked him for his engagement to date towards peaceful resolution of all outstanding issues.

Erdoğan to embark on 1st foreign visits to Turkish Cyprus, Azerbaijan

President Recep Tayyip Erdoğan is set to embark on his first foreign visits following his reelection in the May 28 polls to Turkish Cyprus and Azerbaijan, in a bid to discuss bilateral ties and steps to improve cooperation.

In his first visit on June 12, Erdoğan will meet with Turkish Cypriot President Ersin Tatar and Prime Minister Ünal Üstel.

COP28 chief says reduction of fossil fuel use 'inevitable'

The head of the upcoming COP28 climate summit, who also is the chief executive of the UAE's national oil company, has acknowledged that a reduction in the use of fossil fuels is inescapable.

"The phase down of fossil fuels is inevitable," Sultan al-Jaber said on the sidelines of technical climate talks on June 8 six months ahead of the summit.

Vucic speaks with UAE president

BELGRADE - Serbian President Aleksandar Vucic spoke by phone with the president of the United Arab Emirates, Sheikh Mohammed bin Zayed Al Nahyan, on Friday.

The discussion topics included the upcoming COP28 summit on climate change, further strengthening of comprehensive cooperation and the current regional and global political situation.

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