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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.

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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