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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 foreign minister holds talks with Omani counterpart

    ran said last week it had been engaged in indirect negotiations with the United States through Oman, with nuclear issues,...

    Hossein Amir-Abdollahian is also making stops later in Kuwait and the United Arab Emirates during his tour of the Gulf.

    On Wednesday, he met Sultan bin Mohammed al Numani, minister of Oman's royal office, for talks on ties between their countries and "several areas of cooperation".

  • Rise in executions and raids as Saudi Arabia intensifies war on drugs

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

    The result is at least 20 executions for drug offences since last year, according to an AFP tally, and a sharp rise in arrests.

    At least two Saudi security officers have been killed in drug raids, including one last week, according to state media.

  • ‘Underwater noises’ detected in missing sub search: US Coast Guard

    "Canadian P-3 aircraft detected underwater noises in the search area. As a result, ROV (remotely operated vehicle) operations were relocated...

    US and Canadian coast guard ships and planes are scouring 7,600 square miles (20,000 square kilometers) of ocean for the vessel

    Submersible was carrying three fee-paying passengers: billionaire Hamish Harding, Pakistani businessman Shahzada Dawood, and his son Suleman

  • Resumption of Saudi-Iran relations: A step towards regional, economic stability or a strategic play?

    The peace deal has ignited debates on its potential to transform Middle East from a region hit by conflicts to...

    The bilateral peace agreement has sparked intensified debates about its potential to transform the Middle East from a conflict-ridden region to peaceful and prosperous place

    Despite government-level reconciliation, Saudi-Iran ties face early-stage challenges, including Iranian aggression, and businesses in both countries risk political uncertainties

  • Four shot dead near West Bank settlement: Israeli officials

    A day after the Israeli army killed six Palestinians, four people were killed on Tuesday near a settlement in the...

    There were reports of other settler attacks in the evening in Al-Lubban al-Sharqiya, near Eli, and in Beit Furik, another town in the north of the West Bank

    Israeli PM Benjamin Netanyahu said Israeli forces were "working on the ground in order to settle accounts with the murderers"

  • UN warns not time to ‘take our eyes off’ South Sudan

    After gaining independence from Sudan in 2011, South Sudan descended into a civil war that left nearly 400,000 people dead...

    Two months of fighting in Sudan, to the north, has had an impact on South Sudan, Nicholas Haysom, who heads the UN mission in South Sudan, told the Security Council

    Now is not the time to take our eyes off the ball in South Sudan, UN envoy stressed, warning that the economic impacts of the conflict "cast a shadow in an already fragile country"

  • Resumption of Saudi-Iran relations: A step towards regional, economic stability or a strategic play?

    The bilateral peace agreement has sparked intensified debates about its potential to transform the Middle East from a conflict-ridden region...

    The bilateral peace agreement has sparked intensified debates about its potential to transform the Middle East from a conflict-ridden region to peaceful and prosperous place

    Despite government-level reconciliation, Saudi-Iran ties face early-stage challenges, including Iranian aggression, and businesses in both countries risk political uncertainties

  • Three killed in Syria by Turkish drone attack

    QAMISHLI, SYRIA- A Turkish drone strike killed three employees of northeast Syria's semi-autonomous Kurdish administration on Tuesday, a spokesman said, amid...

    The strike targeted "a vehicle transporting civilian employees, killing two Kurdish women and a Christian" man.

    The Syrian Observatory for Human Rights war monitor said Tuesday's strike hit a vehicle on a road.

  • Ghosn sues Nissan for $1 bn over ouster: Lebanese judicial official

    Ghosn, the former chairman and chief executive of the Renault-Nissan-Mitsubishi alliance, was arrested in Japan in November 2018 on suspicion of...

    He jumped bail late the next year and made a dramatic escape from Japan hidden in an audio-equipment box, landing in Beirut, where he remains an international fugitive.

    The judge has scheduled a court session for mid-September that the defendants or their lawyers, whether Japanese or Lebanese, should attend, the judicial official said.

  • Riyadh faces Rome and Busan in race to host World Expo 2030

    Paris. France -- The candidature of Saudi Arabia (for Riyadh), South Korea (Busan) and Italy (Rome) for World Expo 2030...

    At the 172nd General Assembly of the BIE, Member States were presented with the findings of Enquiry Missions carried out by the BIE to assess the candidature projects for Expo2030.

    Riyadh's bid for Expo between 1 October 2030 and 31 March 2031 is under the theme “The Era of Change: Together for a Foresighted Tomorrow”.