Search Site

Trends banner

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Turkey says Erdogan to meet Joe Biden at White House on May 9

It would be the first White House meeting between the two leaders. (AFP)
  • The Biden administration in January approved $23 billion in F-16 warplanes for Turkey swiftly after it ratified Sweden's stalled NATO membership bib
  • Some analysts additionally linked Turkey's continued delays to Erdogan's anger at Washington for its support of how Israel is pursuing its war against Hamas

Istanbul, Turkey – Turkish President Recep Tayyip Erdogan will meet with US counterpart Joe Biden at the White House on May 9, a Turkish official told AFP on Friday.

It would be the first White House meeting between the two leaders.

The Biden administration in January approved $23 billion in F-16 warplanes for Turkey swiftly after it ratified Sweden’s stalled NATO membership bib.

Some analysts additionally linked Turkey’s continued delays to Erdogan’s anger at Washington for its support of how Israel is pursuing its war against Hamas fighters in the Gaza Strip.

Erdogan has turned into one of the Muslim world’s harshest critics of Israel’s devastating response to the unprecedented October 7 attack on Israel by Hamas.

The Turkish leader has compared Israeli Prime Minister Benjamin Netanyahu to Adolf Hitler and accused the United States of sponsoring the “genocide” of Palestinians.