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.

Turkish president Erdogan declares Ankara ‘backs’ Hamas

Erdogan has called Israel a "terrorist state" and accused it of conducting a "genocide" in Gaza. (AFP)
  • "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.