PERSPECTA

News from every angle

Results for “Abu Dhabi

44 stories found

Silicon Valley-style fallout hits Türkiye: Getir’s $700M legal bombshell
BusinessTimes of India9d ago

Silicon Valley-style fallout hits Türkiye: Getir’s $700M legal bombshell

Co-Founders Nazım Salur and Serkan Borançılı of Turkish food and grocery delivery startup, Getir, have filed a $700 million lawsuit against Abu Dhabi investor Mubadala Investment Company. They allege the sovereign wealth fund breached a 2024 restructuring agreement by withholding key assets, including the valuable Getir Finance platform. This legal action escalates a dispute following Uber's acquisition of Getir's Turkish operations.

Erdogan postpones UAE visit over Al Nahyan’s health
WorldDawn9d ago

Erdogan postpones UAE visit over Al Nahyan’s health

ISTANBUL: Turkiye’s President Recep Tayyip Erdogan announced a postponement of his visit to Abu Dhabi due to a health issue involving Emirati leader Mohamed bin Zayed Al Nahyan but later deleted the post from social media The message, posted by Erdogan’s team on X, said he had talked with Al Nahyan by phone. “During the course of the call, President Erdogan expressed his sadness over the health problem experienced by (President) Al Nahyan and wished him a prompt recovery,” said the three-paragraph message. Erdogan would travel to the United Arab Emirates at a later date, still to be determined, the message added. Although the message — of which AFP has a screen grab — was quickly deleted from the account, it had already been picked up by official Turkish media. Turkiye’s state broadcaster likewise took down its article on Erdogan that mentioned the Emirati leader’s health problem. The official Emirati news agency, WAM, reported on the telephone conversation between the two leaders, but did not mention that Erdogan’s visit had been postponed. Contacted by AFP, neither the Turkish presidency nor the Emirati authorities — who have themselves made no statement on their president’s health — have yet answered. The Emirati leader’s team on Saturday evening released photos taken the same day showing Al Nahyan, known as MBZ, smiling and apparently in good health, with Sheikh Tamim bin Hamad Al Thani, the emir of Qatar. Published in Dawn, February 17th, 2026