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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.

GM reports US sales dip, that of EVs grew

The big Detroit automaker reported 659,601 US sales during the period.
  • Libya court sentences 37 traffickers to prison over migrant deaths

    A statement from the prosecution said that the appeals court pronounced the verdict against a "criminal gang" whose members organized...

    According to the prosecutor's office, five of the guilty were sentenced to life in jail and nine other to 15 years

    A United Nations report in March said that some migrants had been subjected to sexual slavery

  • Migrants stranded on Tunisia-Libya border moved: NGO

    Racial tensions flared into violence against migrants from sub-Saharan African countries in Tunisia's port city of Sfax last week, with...

    Refugees International said foreign nations should “suspend security assistance to Tunisia until further expulsions cease and the abuses are investigated"

    Tunisia has seen a rise in racially motivated attacks after President Kais Saied in February accused "hordes" of undocumented migrants of bringing violence

  • Turkey unblocks Sweden NATO bid, setting stage for summit

    Turkish President Recep Tayyip Erdogan's block on Sweden's membership bid had cast a cloud over preparations for Tuesday's meeting, but...

    Erdogan on Monday upped the stakes, demanding that the European Union revive Turkey's stalled EU membership bid as a precondition for Sweden joining NATO

    In a statement after the three-way talks between Erdogan, Kristersson and Stoltenberg, Sweden vowed to boost bilateral trade and anti-terrorism coordination

  • Israel parliament adopts key clause of controversial judicial overhaul

    Tel Aviv, Israel - Israel's parliament adopted in a first reading a controversial bill that would limit court powers, in...

    The changes, proposed by the hard-right government of Prime Minister Benjamin Netanyahu, have sparked one of the country's biggest ever protest movements

    Tens of thousands of demonstrators have taken to the streets in weekly rallies, demanding a halt to the planned overhaul of Israel's justice system

  • GCC countries, Russia sign five-year joint action plan

    The GCC countries and Russia have adopted a joint statement and a joint action plan for 2023-2028 following their meeting,...

    Russia and the GCC countries, traditional US allies, sign a five-year cooperation agreement in a major policy shift

    Arab countries are increasingly cosying up to the US archrivals such as China and Russia

  • Turkish President Recep Tayyip Erdogan stunned fellow NATO leaders when he asked EU to consider Turkiye's inclusion into the European group.

    ‘Turkiye should not link joining EU to Sweden’s NATO entry’

    The United States supports Turkey's bid to enter the European Union but does not believe Ankara should link that to...

    Erdogan held talks with NATO Secretary General Jens Stoltenberg and Swedish PM Ulf Kristersson in Vilnius in a push to get Ankara to lift its year-long block on Stockholm.

    Diplomats said that meeting was then put on hold while Erdogan sat down with European Council head Michel.

  • UN warns Sudan faces ‘full-scale civil war’ as air raid kills 22

    The health ministry reported "22 dead and a large number of wounded among the civilians" from what it described as...

    Around 3,000 people have been killed in the conflict, while survivors have reported a wave of sexual violence and witnesses have spoken of ethnically targeted killings

    Egypt, a close ally of Burhan's, said it will host a summit of Sudan's neighbours on Thursday to seek an end to the conflict and its regional "repercussions"

  • Swedish PM to meet Erdogan in a last-gasp attempt to get NATO membership

    Erdogan has voiced repeated frustrations with what he calls Sweden's failure to keep its promise to deal with suspected Kurdish...

    The high-stakes talks on the eve of an alliance summit in Vilnius come with NATO keen to demonstrate unity in the face of Russian Invasion

    NATO and the White House both fear the Kremlin is trying to use its strong ties with Turkey to seed divisions among Western allies

  • HRW says TotalEnergies oil project ‘a disaster’ for Ugandans

    TotalEnergies and the China National Offshore Oil Corporation signed a $10-billion agreement last year to develop Ugandan oilfields and ship...

    TotalEnergies says those displaced by the project have been fairly compensated for their land, while measures have been taken to protect the environment

    HRW says the mega-project will irreparably harm fragile ecosystems, and alleges that some of the 100,000 people are expected to be displaced

  • Work underway to normalize relations between Syria and Turkey: Russian envoy

    Tehran, Iran-- Hectic efforts are underway for the restoration of ties between Syria and Turkey and also to pave way...

    The envoy said there are roadblocks on the path to restore relations between Syria and Turkey because of the latter's military presence in the Syrian territories

    Last year, defense ministers of Russia, Syria and Turkey met in Moscow for consultations on normalizing relations between Ankara and Damascus