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Geostrategy

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

Turkish president Erdogan declares Ankara ‘backs’ Hamas

Erdogan has called Israel a "terrorist state" and accused it of conducting a "genocide" in Gaza. (AFP)
By TRENDS Desk AFP
March 9, 2024 7:21 pm
  • "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.

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