INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Turkey, Senegal discuss defence industry, security cooperation

This handout photograph taken and released by the Turkish presidential press service on August 7, 2025, shows Turkish President Recep Tayyip Erdogan (R) shaking hands with Senegal's Prime minister Ousmane Sonko (L) at the Presidential Complex in Ankara. AFP
  • "Today we discussed joint steps that we can take in the areas of security, the defence industry and the fight against terrorism," Erdogan told a televised press conference
  • "We are pleased with the growing interest of our African brothers in Turkish defence products. We look forward to further strengthening our solidarity," he said.

Istanbul, TurkeyTurkey’s President Recep Tayyip Erdogan said he discussed defence and security cooperation with Senegal’s visiting prime minister Ousmane Sonko on Thursday, hailing Turkey’s growing ties with Africa.

“Today we discussed joint steps that we can take in the areas of security, the defence industry and the fight against terrorism,” Erdogan told a televised press conference with Sonko in the capital Ankara.

“We are pleased with the growing interest of our African brothers in Turkish defence products. We look forward to further strengthening our solidarity in this area in the coming period,” he said.

Turkey has in recent years consolidated its foothold in Africa, at a time when many African countries are turning away from their former colonial rulers.

Ankara has signed defence agreements with a number of states spanning the breadth of the continent, including Somalia, Libya, Kenya, Rwanda, Ethiopia, Nigeria and Ghana.

Those agreements have opened up contracts for Turkey’s defence manufacturers, notably for its reputedly reliable and inexpensive drones.

On Thursday, Erdogan hailed Africa as the “star of our century” with its wealth of young workers, dynamism and natural beauty.

“No country with a global vision can ignore the African continent or turn its back on this magnificent geography,” he said.

He said anyone who criticised Turkish-African partnership was “trying to confine our country to shallow waters”.

“We reject any arrogant, condescending, orientalist approach to the African continent”, he added.