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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 body to fund 26 FAO projects worth $174.7m

    ROME, ITALY - Building on growing momentum to tackle environmental problems by addressing the ways in which our food and...

    With these new projects, FAO's partnership with the GEF will have helped countries access over $1.4 billion in financing.

    These 26 projects will support countries to create or improve the management of nearly 17.9 million hectares of protected areas on land and sea

  • Over 6,500 arrests after cracking crime chat network, says Europol

    PARIS, FRANCE -  More than 6,500 people have been arrested following the 2020 dismantling of EncroChat, an encrypted communications tool used...

    Close to 200 arrests were of "high-value targets", said Europol, which assists EU members in international investigations.

    Since 2020, investigators had managed to intercept, share and analyze over 115 million criminal conversations.

  • Israel summons Ukraine envoy over pro-Russia accusation

    On Sunday, the Ukrainian embassy charged that "the current Israeli government" had "opted for a path of close cooperation with...

    Israel has adopted a cautious approach since Russian forces invaded Ukraine in February last year, seeking to maintain neutrality between the warring sides

    In an interview with the Jerusalem Post, Benjamin Netanyahu said that weaponry handed to Ukraine could fall into Iranian hands and be turned against Israel

  • International Security Alliance seizes drugs worth US$750mn in global operation

    Abu Dhabi, UAE--The International Security Alliance (ISA) has seized narcotics estimated to be worth US$750 million from a large transnational...

    Led by the ISA and Ameripol, the operation saw the participation of 22 countries across the Middle East, Africa, Asia, Europe and Latin America

    Founded in 2017 by the UAE and France, the ISA coordinated the operation from its secretariat in the UAE with the aim of fighting organized crime

  • UAE President discusses strategic ties in a call with Putin

    Abu Dhabi, UAE - UAE President Sheikh Mohamed bin Zayed Al Nahyan discussed strategic relations in a phone conversation with...

    Sheikh Mohamed underscored the importance of maintaining stability in Russia and ensuring the safety and security of its people

    President Putin expressed his satisfaction with the progress achieved in various bilateral areas, highlighting growing UAE-Russia relations

  • US to defund science for Israeli universities in West Bank

    The Biden administration has returned to the long-standing US position of calling for a two-state solution with the Palestinians and...

    Joe Biden's administration reverses a move made under Donald Trump that rejected the wide international consensus that Israel illegally occupies the West Bank

    David Friedman, Trump's ambassador to Israel and champion of Ariel University, accused the Biden administration of embracing the activist movement to boycott Israel

  • Ready for prisoner swap with US, says Iran

    Iran said it was hoping indirect talks with the United States could lead to a "positive" outcome for a prisoner...

    At least three Iranian-Americans are being held in Iran, including businessman Siamak Namazi, arrested in October 2015 and sentenced to 10 years in prison.

    "We are negotiating for the release of Iranian citizens through parties who play a role in good faith," Iran's foreign ministry spokesman Nasser Kanani said.

  • Record number of pilgrims, braving suffocating heat, converge for Hajj climax

    After performing the ritual circumambulation of the Kaaba, the giant black cube at Mecca's Grand Mosque that Muslims pray towards...

    Pilgrims in robes and sandals, many carrying umbrellas against the beating sun, undertook the journey on foot or crowded onto hundreds of air-conditioned buses.

    They will spend the night in white tents in Mina, which every year hosts the world's largest encampment, before the hajj's high-point on Tuesday: prayers at Mount Arafat.

  • Wagner crisis shows Ukraine war is ‘cracking’ Russian power: EU

    EU foreign ministers were scrambling to digest the fall-out from the uprising at their regular meeting in Luxembourg. Sweden's Foreign...

    What has happened during this weekend shows that the war against Ukraine is cracking Russian power, EU foreign policy chief said

    He added that war against Ukraine launched by Putin and the monster that Putin created with Wagner, the monster is biting him

  • In deadliest attack this year, Russian strikes kill 13 in rebel-held Syria

    Russian forces which back President Bashar al-Assad's regime were responding to rebel drone strikes over the past week that killed...

    At least nine civilians, including two children, were among the dead, with most killed at a fruit and vegetable market in the Idlib region

    At least 30 civilians were wounded in Sunday's strikes, said Abdel Rahman, who added that the death toll was likely to rise