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Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

DP World 2025 revenue $24.4bn

The profit for the year up 32.2% to reach $1.96bn.

BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Turkish president Erdogan declares Ankara ‘backs’ Hamas

  • "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.