Search Site

Trends banner

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

Trump’s ‘displeasure’ at prospect of allies recognizing Palestinian state

A billboard displaying the message “Free Paris” hangs next to a highway in the Israeli coastal city of Tel Aviv on July 27, 2025. AFP
  • Recent announcements by some of Washington's closest allies have only hardened the US president's stance against the move
  • He dismissed Macron's decision, which got the ball rolling last week for other countries to consider similar steps, saying the statement did not matter.

Washington, United StatesPresident Donald Trump has expressed displeasure with leaders of France, the United Kingdom and Canada for saying they plan to recognize a Palestinian state in September, Press Secretary Karoline Leavitt said Thursday.

Recent announcements by some of Washington’s closest allies have only hardened the US president’s stance against the move.

While Trump slammed Canada for announcing its intention to recognize Palestinian statehood at a United Nations meeting in September, he has been milder in his criticism of French President Emmanuel Macron and British Prime Minister Keir Starmer.

He dismissed Macron’s decision, which got the ball rolling last week for other countries to consider similar steps, saying the statement did not “matter” and “doesn’t carry much weight.”

Starmer this week said the UK will formally recognize a Palestinian state in September unless Israel takes “substantive” steps, including agreeing to a ceasefire in Gaza.

Asked about Britain’s decision after a trip to Scotland and talks with Starmer, Trump said he was “not in that camp, to be honest.”

According to Leavitt, Trump is now more critical of the push for recognition and believes it amounts to “rewarding Hamas at a time where Hamas is the true impediment to a cease fire and to the release of all of the hostages.”