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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.
  • Global research collaboration will help achieve SDGs

    “We need greater cooperation is scientific research and innovation. Research and innovation are not only imperative for national and global...

    UAE Minister of State Sarah Al Amiri believes achieving the SDGs, Paris Agreement goals, and Global Biodiversity Framework demands united efforts from research communities

    The UAE minister reaffirms the UAE's commitment to increasing R&D spend to 2% of GDP by 2031 and the formation of the Emirates Research & Development Council

  • Saudi authorities foil bid to smuggle 209,000 meth pills in Jeddah

    Jeddah, Saudi Arabia -- Saudi Arabia's General Directorate of Narcotics Control (GDNC) have arrested a citizen in Jeddah governorate for...

    Security authorities have requested all citizens and residents in the Kingdom to promptly report any information related to drug smuggling and trafficking.

    Saudi Arabia has seen an influx of the addictive amphetamine captagon flooding in from war-torn Syria and Lebanon.

  • EU, New Zealand ink deal to enhance trade by 30 percent in a decade

    The European Union and New Zealand signed a free trade agreement which Brussels says can lift exchanges between the two...

    New Zealand Prime Minister Chris Hipkins said it "will generate substantive new economic opportunities. It's of huge benefit to both partners."

    "New Zealand is a key partner for us in the Indo-Pacific region, and this free trade agreement will bring us even closer together," the EU chief said from Brussels.

  • Jordan security shoots three fugitives dead near Saudi border

    AMMAN, JORDAN- Jordanian forces have killed three fugitives including two who had recently escaped jail in a raid near the kingdom's...

    Security forces raided on Saturday the hideout of three wanted fugitives "near the kingdom's southeastern border", said an official statement

    The three suspects were killed in a firefight after they had opened fire at the security forces with automatic weapons, the statement added

  • Pro-Iran parties urge Iraq to clear energy dues with Tehran

    BAGHDAD, IRAQ - A powerful alliance of pro-Iran factions in Iraq called on Sunday on Baghdad to pressure the United States...

    Iraq, ravaged by decades of conflict and international sanctions, relies on gas imported from its eastern neighbor for a third of its energy needs.

    To reduce their dependence on Iranian gas, Iraq has been exploring several possibilities including imports from Gulf countries like Qatar.

  • Engineering top course in Arab varsities

    Arab universities are increasingly focusing on quality and research, and many of them are making efforts to internationalize their programs.

    Saudi Arabia and the UAE have invested heavily in their higher education systems, and they are now home to some of the most prestigious universities in the Arab world.

    Both Saudi Arabia and the UAE are also attracting top international talent to their universities, which has improved the quality of education.

  • UAE opens field hospital in Chad to help Sudanese refugees

    ABU DHABI, UAE -  UAE Ambassador to the Republic of Chad Rashid Saeed Al Shamsi on Sunday opened a field...

    The hospital was opened in the presence of the Chadian Minister of Health and a number of Chadian government officials.

    Representatives of UAE entities supervising the implementation of the project, and the Emirati medical team were also present on the occasion.

  • UK to unveil new measures to support financial sector

    Hunt, whose official title is chancellor of the exchequer, will lay out plans for an "entirely new kind of stock...

    Hunt will set out "how Britain's financial services will support the drive for long-term sustainable growth across the country", the UK Treasury said

    The new measures will in particular seek to make the UK stock market more attractive to firms looking to take their businesses public

  • Russia denounces repatriation of Ukrainian troops from Turkey

    "The return of Azov commanders from Turkey to Ukraine is nothing but a direct violation of the terms of existing...

    Ukrainian presidency confirmed that it had secured the return of members of the crack Azov regiment, which is despised in Russia, after "negotiations with the Turkish side"

    Dmitry Peskov said both Ukraine and Turkey had violated the terms of the agreement, under which the men were supposed to remain in Turkey until the end of the conflict

  • Thousands of Israelis protest ahead of judicial reform vote

    Protestors have kept up the pressure with weekly rallies against the government of Prime Minister Benjamin Netanyahu, who returned to...

    Israeli media estimated turnout at Saturday's protest in Tel Aviv at 150,000, ahead of a vote Monday in parliament

    The government argues the judicial reform is necessary to ensure a better balance of power