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Geostrategy

Boeing to cut 10% of workforce

The company has projected a large third-quarter loss.

AviLease acquires 9 aircraft from Avolon

AviLease had purchased 13 aircraft from Avolon in 2023.

ADNOC L&S to pay $136.5m dividend

This is equivalent to 6.78 fils per share, the company said.

‘TAQA’ prices $1.75bn dual tranche

The 12-year senior unsecured notes are sized $850m.

Samsung says planning job cuts

The layoffs could affect about 10 percent of the workforce.

Reformist hopes for breakthrough as Iran goes to polls

Tehran, Iran - Iranians voted in a presidential election on Friday marked by a lone reformist's bid to break through against...
  • The ballot in 58,000 polling stations comes against a backdrop of heightened regional tensions over the Gaza war and discontent over the state of Iran's sanctions-hit economy
  • If no candidate wins 50 percent of the vote, a second round will be held on July 5, for only the second time in Iranian electoral history after the 2005 vote went to a runoff

Polls open in Iran for presidential election amidst vote boycott calls

Polls in Iran opened on Friday for a presidential election following the death of ultraconservative president Ebrahim Raisi in a...
  • Around 61 million Iranians are eligible to vote in the polls
  • Khamenei: "the most qualified candidate" must be "the one who truly believes in the principles of the Islamic Revolution" of 1979

Battles in Gaza’s Rafah as US warns Israel over Lebanon

Top Israeli officials have suggested they are open to a diplomatic resolution of the border tensions, though Gallant said Israel...
  • "Another war between Israel and Hezbollah could easily become a regional war," US Defense Secretary warned
  • "Diplomacy is by far the best way to prevent more escalation," Austin added

Iran picks new president at turbulent time

Iranians vote on Friday to elect a new president from six candidates, including a lone reformist who hopes he can...
  • In the 2021 election that brought Raisi to power, voters shunned the polls
  • Six candidates, five conservatives and one reformist, are competing in Iran's presidential election

WikiLeaks founder Assange freed in US plea deal

Assange had been detained in the high-security Belmarsh prison in London since April 2019. He was arrested after spending seven...
  • Assange, who from 2010 published hundreds of thousands of secret US documents as head of the whistleblowing website WikiLeaks, was freed Monday from a high-security British prison
  • The judge on Wednesday sentenced him to five years and two months in prison - with credit for the same amount of time he spent behind bars in Britain

Telegraph report on Hizbollah weapons at Beirut airport sparks outrage

Dubai, UAE - An article in The Telegraph alleging that Hizbollah is stockpiling Iranian weapons at Beirut International Airport (BIA)...
  • The Telegraph's report on June 23, 2024, cited unnamed "whistleblowers" who claimed that Hizbollah had amassed "huge quantities of Iranian weapons, missiles, and explosives" at BIA
  • The absence of identifiable sources and the reliance on anonymous airport workers as the sole basis for such significant allegations have been points of contention

Israel PM says ‘intense’ phase of Gaza war winding down

Netanyahu said Israel would be able to "redeploy some forces to the north" on the border with Lebanon, where exchanges...
  • The right-wing premier spoke in a TV interview on Sunday as Defence Minister Yoav Gallant travelled to Washington for what Gallant called "critical" talks with Israel's top ally
  • With fears growing of full-scale war in Lebanon, Netanyahu said Israel would return its displaced citizens to their evacuated northern border communities

Lebanon Transport minister denies Hezbollah weapons at Beirut Airport

Lebanon's transport minister denied on Sunday that Hezbollah was storing weapons at Beirut airport, as fears grow of all-out war...
  • Hamieh invited ambassadors and journalists to inspect the airport on Monday morning
  • Cross-border exchanges between Hezbollah and Israel have escalated over the past two weeks

Gaza health officials say 24 killed in Israeli strikes

Gaza civil defence agency spokesman Mahmud Basal told AFP that at least 20 were killed in a strike on a...
  • The Gaza City strikes added to at least 120 deaths over the previous 48 hours which the health ministry in Hamas-run Gaza reported earlier Saturday
  • Exchanges of fire across the Lebanese border between Israel and the powerful Iran-backed group Hezbollah have also escalated, raising fears of wider war

Israel-Hezbollah tensions drive fears of widening Gaza war

Hezbollah chief Hassan Nasrallah's group and Israeli forces have exchanged near-daily fire since Hamas's October 7 attack on southern Israel...
  • Hezbollah said it fired dozens of rockets into northern Israel in retaliation for a deadly air strike in south Lebanon
  • Experts are divided on the prospect of wider war

Saied re-elected Tunisia president with 90.7% of the vote

Tunis, Tunisia - Kais Saied has been re-elected president of Tunisia with 90.69 percent of votes cast, electoral authority ISIE said...

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UN alarmed as Israeli strikes kill more than 180 people in Lebanon

Lebanon's health ministry said more than 700 were injured on Monday in the worst toll by far in nearly a...

Israel army tells Lebanese to ‘move away’ from Hezbollah sites

The Israeli military on Monday told people in Lebanon to move away from Hezbollah targets and vowed to carry out...

United by innovation and progress: The enduring US-UAE partnership

‘’In close partnership, we are working to advance multilateral diplomatic solutions and provide urgently needed humanitarian assistance in Gaza and...

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Egypt fears ‘all out’ regional war, says foreign minister

Egypt's foreign minister Sunday warned of the risk of an all-out regional war in light of intensified fighting between Israel...
  • World powers on Sunday implored Israel and Lebanon's Hezbollah movement to refrain from escalating their conflict
  • "There is great concern about... the possibility of an escalation in the region leading to an all-out regional war," says Egyptian FM

UN adopts pact to tackle volatile future for mankind

UN members adopted a blueprint for the future Sunday to tackle the myriad wars, environmental threats, and technological challenges facing...
  • The pact outlines 56 "actions," including commitments to multilateralism, upholding the UN Charter, and peacekeeping
  • International political leaders pledged to bolster the multilateral system to "keep pace with a changing world"

Netanyahu says Israel has ‘landed a series of blows on Hezbollah’

Israeli Prime Minister Benjamin Netanyahu said Sunday that Israel has dealt serious blows to the Lebanese group Hezbollah, as rapidly...
  • Remarks follow a night of intense rocket fire at northern Israel that had sent hundreds of thousands of people to bomb shelters
  • Hezbollah said it had targeted Israeli military production facilities and an air base in Haifa