Search Site

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

Turkish share of global exports reaches 1 percent: Erdogan

Turkish president says his country's share of world exports increased to 1.05 percent.
  • Turkish exports, Erdogan added, have now reached 217 countries and regions around the world
  • He predicted that Turkey will exceed the export target of USD 250 billion set for the end of this year

Turkish President Recep Tayyip Erdogan revealed on Monday that his country’s share of world exports increased to 1.05 percent reaching USD 243 billion during the ten months ending in May 2022, up from USD 225 billion during the same period up to May 2021.

Turkish exports, Erdogan added, have now reached 217 countries and regions around the world. 

He credited his government’s policies for this performance, saying the exports increased 6 times and the number of exporters four times over the past 20 years.

Turkey has made investments worth USD 3.5 trillion in education, health, industry, tourism, and social support, he added.

Erdogan predicted that Turkey will exceed the export target of USD 250 billion set for the end of this year, indicating that it is steadily achieving the goals of the Vision 2023.  Turkish exporters, he noted, have a large share in Turkey’s development, making it one of the top 10 economies of the world.