Search Site

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Turkey battles forest fires for fourth day

    • The wildfires broke out on Wednesday across southern provinces, injuring more than 300

    • Investigators are trying to establish if some of the fires were started deliberately

    Fire crews tackled blazes for a fourth day as the number of people killed in forest fires sweeping through southern Turkey rose to six on Saturday, state media reported.

    The wildfires broke out on Wednesday and have since injured more than 300 and forced the evacuation of villages and hotels.

    The toll rose after the bodies of two workers who had been trying to put out the fires were found, state news agency Anadolu reported.

    The agency said another fire began on Saturday in the tourist city of Bodrum with other reports saying people had been evacuated from their homes and hotels.

    Ten fires are still going and another 88 have been brought under control since Wednesday, Agriculture and Forestry Minister Bekir Pakdemirli tweeted.

    Investigators are trying to establish if some of the fires were started deliberately.

    President Recep Tayyip Erdogan thanked Russian counterpart Vladimir Putin during a phone call for sending planes and helicopters to help, the presidency said.

    The Turkish leader has taken flak at home after it emerged that Turkey had no firefighting planes despite one-third of its territory being forested and fires becoming an increasing problem.

    “The main reason for these issues with planes is that the Turkish Aeronautical Association has not been able to update its fleet and technology,” Erdogan said during a visit to the town of Manavgat, one of the affected areas.

    More than 2,600 fires have erupted each year on average in the last decade, but that figure jumped to almost 3,400 last year, said Husrev Ozkara, vice chair of the Turkish Foresters Association.