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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.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Turkish president Erdogan declares Ankara ‘backs’ Hamas

Erdogan has called Israel a "terrorist state" and accused it of conducting a "genocide" in Gaza. (AFP)
  • "No-one can make us qualify Hamas as a terrorist organization," he said in a speech in Istanbul.
  • Erdogan has been one of the most virulent critics of Israel since the start of the war in Gaza.

Ankara, Turkey – Turkish President Recep Tayyip Erdogan said on Saturday Ankara “firmly backs” Palestinian group Hamas.

“No-one can make us qualify Hamas as a terrorist organization,” he said in a speech in Istanbul. “Turkey is a country that speaks openly with Hamas leaders and firmly backs them.”

Erdogan has been one of the most virulent critics of Israel since the start of the war in Gaza, which began after an October 7 attack by Hamas in Israel that claimed at least 1,160 lives, according to an AFP tally of official Israeli figures.

Israel has responded with a relentless ground and air offensive that the health ministry in Hamas-run Gaza said has killed at least 30,878 people in the besieged Palestinian enclave, mostly women and children.

Erdogan has called Israel a “terrorist state” and accused it of conducting a “genocide” in Gaza.