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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.
  • Saudi Arabia unveils Expo 2030 plans at BIE Assembly

    The Kingdom emphasizes the Riyadh Expo's potential in enhancing global collaborations and reinforcing actions on impactful projects.

    The Gulf nation emphasized the Expo's potential in enhancing global collaborations and reinforcing actions on impactful projects

    Riyadh has already begun expanding its infrastructure in preparation for hosting the Expo, says Royal Commission of Riyadh CEO

  • Exiled Iranian opposition outraged after Paris police block proposed rally

    PARIS, FRANCE -  A major exiled Iranian opposition group on Tuesday expressed fury after Paris police refused to grant permission for...

    The National Council of Resistance of Iran, which calls for the overthrow of Iran's clerical leadership, asked permission for the rally in Paris on July 1,

    The NCRI claimed that Paris was giving into pressure from Tehran as France was concerned over the fate of four French nationals held by Iran.

  • US supports China’s bid to advance Middle East peace

    Saudi-Iran peace deal will reduce tensions in the region and would solve some of the problems if not all, says...

    Blinken spoke of his recent visit to the Middle East where he met with the GCC leaders who, according to him, still see the US as the preferred partner

    On Taiwan, Blinken said the US has real concerns about the direction it has taken and blamed China for what he called as reckless actions

  • Rescue teams search for missing submersible near Titanic wreck

    One of those on board, according to his aviation company, is British businessman, 58-year-old Hamish Harding is the chairman of...

    Prominent Pakistani businessman Shahzada Dawood, who is vice-chairman of the conglomerate Engro, and his son Suleman were also on board, a family statement said.

    "Due to the worst winter in Newfoundland in 40 years, this mission is likely to be the first and only manned mission to the Titanic in 2023," Harding wrote Sunday.

  • Kuwait crown prince exhorts new MPs to focus on reforms

    Kuwait City, Kuwait-- Kuwait's Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah urged parliament members to focus on reforms "for the...

    The crown prince in his address to parliament urged MPs to concentrated on reforms in a new phase full of aspirations and hopes to achieve a prosperous future

    Noting with pride how the world was praising the democratic practices in Kuwait, he called on MPs to cooperate with the government in order to address all sources of tension

  • Iran blames US, France and many others for fomenting Amini protests

    Kazemi alleged that the United States, the United Kingdom, France, Germany, Canada, Belgium, Italy and Iran's arch-foe Israel were among...

    Many of the countries Kazemi has listed had publicly expressed their support for the protests and imposed sanctions against Iran

    Britain, the US and the European Union have imposed several rounds of sanctions on Iran over its response to the protest movement

  • Iran’s foreign minister arrives in Qatar to boost ties

    Tehran, Iran-- Looking to give a further boost to the relations between the two countries, Iran's Foreign Minister Hossein Amir-Abdollahian...

    The foreign minister in a tweet said that his visits to Qatar and Oman will look to promote relations and follow up on the agreements reached between officials

    His visit to Qatar follows a trip by Iran's central bank governor to Doha, who reviewed banking and economic cooperation with Qatari officials

  • France to provide Tunisia with financial aid to curb migrant flows

    The financial assistance would allow Tunisia to "acquire the necessary equipment and organize useful training, in particular for Tunisian police...

    French Interior Minister Gerald Darmanin announced the "bilateral aid of 25.8 million dedicated to migration issues" during a visit to Tunis

    During a meeting with Darmanin and German Interior Minister, Tunisian President warned that Tunisia will not "guard borders other than its own"

  • Nearly US$1.5bn pledged to fend off Sudan humanitarian crisis

    UN chief Antonio Guterres has warned that Sudan is descending into death and destruction at unprecedented speed as he urged...

    Qatar's PM Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani told the conference there was "no military solution" to the conflict, as he pledged $50 million

    United States pledged the most at $550 million, followed by Germany with $162 million and the European Commission on $151 million, according to the United Nations

  • ‘UAE committed to support refugee across the world’

    Sheikh Hamdan, who is also Chairman of the Emirates Red Crescent, calls on the international community to increase efforts to...

    The UAE has launched initiatives to economically and socially empower refugee women through the Sheikha Fatima Fund for Refugee Women

    The Gulf country recently donated $20 million to UNRWA, totaling $521 million in Palestinian assistance between 2018 and 2023