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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.
  • Iran summons UK envoy to protest new sanctions: state media

    The new British sanctions regime will expand existing penalties imposed by creating new criteria under which individuals and entities can...

    Foreign Secretary James Cleverly said sanctions against Iran over alleged human rights violations and hostile actions against its opponents on UK soil will expand

    Iran's foreign ministry considered the statements and positions of the British authorities as well as the recent sanctions... as an illegal and interventionist action

  • Zelenskiy to visit Turkiye Friday for grain deal talks with Erdogan

    Ankara, Turkiye - Ukrainian President Volodymyr Zelenskiy is set to visit Turkiye on Friday to discuss the Black Sea grain...

    Turkiye and the UN brokered last year's deal, which allows for the export of grain and other agricultural products from Ukraine's Black Sea ports

    But Russia, angry about aspects of its implementation, has threatened not to allow it further renewal beyond July 17

  • COP28 chair Sultan Al Jaber urges energy firms to cut emissions

    Al-Jaber, head of the UAE national oil company ADNOC, told ministers from countries of the OPEC oil producers' grouping the...

    Jaber said the entire industry "should be aligned" to help the world meet the target of net-zero greenhouse gas emissions by 2050.

    This includes not only international oil companies but also national state-controlled ones, Jaber told an OPEC seminar in Vienna.

  • World saw hottest June on record, Tuesday hottest day ever

    Petteri Taalas, secretary-general of the UN's World Meteorological Organization, warned on Monday that El Nino "will greatly increase the likelihood...

    "The month was the warmest June globally at just over 0.5 degrees Celsius above the 1991-2020 average, said EU monitor Copernicus.

    The tumbling records reflect the impact of global warming driven by greenhouse gases released from human activity.

  • Iraq join Egmont Group of financial intelligence units

    BAGHDAD, IRAQ -   Iraq joined the Egmont Group of Financial Intelligence Units, the Supreme Judicial Council announced. "The efforts made...

    The membership, "concerns the exchange of information between the financial investigation units for combating money laundering and financing terrorism."

    Egmont Group provides support to member states by enhancing secure communication between financial investigation units

  • Operator of Titanic sub that imploded suspends all expeditions

    The Titan sub was reported missing on June 18 and the US Coast Guard said on June 22 that the...

    US-based OceanGate said on its website that it had "suspended all exploration and commercial operations" after the tragedy, in which company CEO Stockton Rush was among the dead.

    Also on board were British explorer Hamish Harding, French submarine expert Paul-Henri Nargeolet, and Pakistani-British tycoon Shahzada Dawood and his son Suleman.

  • France unrest: Macron’s waning popularity could enable far-right surge

    France could very well walk into the embrace of far-right politics, if Macron doesn’t hew his governance closer to what...

    France could very well walk into the embrace of far-right politics, if Macron doesn’t hew his governance closer to what French people had bargained for

    Le Pen's party is already in line to take over from Macron in 2027. if the latter fails his promise in his second term also

  • Turkish Foreign Minister, Blinken discuss NATO expansion, Black Sea grain initiative

    Ankara,Turkey - Turkish Minister of Foreign Affairs Hakan Fidan discussed, in a phone call on Wednesday with US Secretary of...

    Earlier last month, NATO chief Jens Stoltenberg called on Ankara to drop its opposition to Sweden's bid to join NATO, saying Stockholm has addressed Turkey's security concerns

    As for Black Sea grain deal, Russia has restated a demand for its state agricultural bank to be reconnected to the global SWIFT payments system to avert the collapse of the deal

  • Families of Israelis missing in Gaza seek UN, Red Cross help

    Israeli soldiers Oron Shaul and Hadar Goldin were killed during Israel's 2014 invasion of the Gaza Strip, and their remains...

    The Israeli authorities say both the missing citizens are mentally unstable, and both are presumed alive

    Various attempts to release them in exchange for Palestinian prisoners have failed in recent years

  • MSF suspends ‘vital’ medical aid from Iraq’s Mosul

    Mosul, Iraq -- Medical charity Doctors Without Borders announced Wednesday the suspension of "vital" medical activities in two hospitals in the...

    Doctors Without Borders blamed Iraq's bureaucracy of delaying the delivery of supplies to two health facilities.

    The group's activities are crucial for the major city in northern Iraq, where the healthcare sector is struggling to recover from years of war and neglect.