Search Site

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.
  • Kuwait forms new government led by Sheikh Ahmad Nawaf al-Sabah

    Kuwait - Kuwait on Sunday formed a new government led by the Prime Minister, Sheikh Ahmad Nawaf Al-Ahmad Al-Jaber Al-Sabah....

    Saad Al Barrak was named as oil minister, replacing Bader Al-Mulla and Manaf Abdulaziz Al Hajri was reappointed as Finance Minister.

    The outgoing government had resigned following parliamentary elections held earlier this month in the Gulf OPEC oil producer

  • Netanyahu vows to continue with controversial judicial reforms

    JERUSALEM- Israeli Prime Minister Benjamin Netanyahu vowed on Sunday to advance the government's controversial judicial reforms, which have seen his...

    The reform package unveiled in January has been waylaid in recent months by demonstrators who have gathered weekly in their tens of thousands.

    Speaking Sunday, Netanyahu pledged to press forward with the judicial reforms "in a measured and responsible way" without giving further details.

  • Iraq displays Italy returned ancient stone tablet

    The tablet- whose text is written in cuneiform, the Babylonian alphabet- bears the insignia of Shalmaneser III, the Assyrian king...

    The tablet arrived in the 1980s in Italy, where the police seized it, said LM Hussein, director of Baghdad's council of antiquities and heritage.

    The Italian authorities handed it over to Iraqi President Abdul Latif Rashid during a visit to Bologna over the past week.

  • Algeria court increases prison term for media leader

    An Algerian court of appeal increased to seven years the prison term issued to a prominent media boss, but suspended...

    Ihsane El Kadi did not receive any money from "foreigners or a foreign" group as claimed by authorities, the defense attorney said.

    The verdict adds two years to an initial sentence handed down to El Kadi in April by a lower court for "foreign financing of his business".

  • Macron special envoy heads to Lebanon in bid to end crisis

    Paris, France -- President Emmanuel Macron's new special envoy for Lebanon heads to Beirut in the coming week as France seeks...

    Former foreign minister Jean-Yves Le Drian, appointed by Macron to the role earlier this month, is to fly to Beirut on Wednesday, the source told AFP, asking not to be named.

    Another source close to the issue also said Le Drian would leave on Wednesday but it was not clear how long he would stay in Beirut or who he would meet.

  • Rivals in Yemen discuss possible prisoner swap in Jordan, says Red Cross

    DUBAI, UAE -  Yemen's government and Iran-backed Houthi rebels are locked in talks in Jordan to set the ground for a...

    The fighting has since killed hundreds of thousands of people directly or indirectly.

    A six-month truce brokered by the UN expired in October last year, but fighting has largely remained on hold.

  • Israelis keep up protests against halted judicial reforms

    Prime Minister Benjamin Netanyahu's hard-right government's proposals would curtail the authority of the Supreme Court and give politicians greater powers...

    Opposition leaders suspended their participation in the talks, after parliament failed to elect a member of the coalition to committee to select judges

    In Tel Aviv, where the largest rally took place, Ami Bluzer said that Prime Minister Netanyahu was stalling to wear down opposition, but "we'll stop him"

  • Blinken begins high-level talks in China to ease bilateral tensions

    US Secretary of State Antony Blinken is in Beijing for key discussions, marking the first top-level US visit in five...

    Both sides express cautious optimism about improving communication and avoiding conflict

    The two powers are at odds over a range of issues from trade and technology to regional security.

  • New 72-hour ceasefire takes effect in Sudan after spurt in fighting

    Several truces have been agreed and broken during the two-month war, including after the United States slapped sanctions on both...

    Air strikes killed 17 civilians, including five children, in Khartoum Saturday, a citizens' group said, as medics in Chad reported hundreds of wounded from Darfur seeking treatment

    Medics in Chad said Saturday they were overwhelmed by the hundreds of wounded fleeing Sudan's Darfur region, which has become an increasing focus of global concern

  • First flight with Yemeni pilgrims to touch down in Jeddah since 2016

    A Yemenia Airways plane carrying 277 travelers departed at around 8 pm, seven years after Sanaa's international airport was blockaded...

    The Jeddah-bound flight is the first to Saudi Arabia since Sanaa's airport was closed by the coalition blockade in August 2016

    Thousands of pilgrims in Houthi-held areas travel by bus to Saudi Arabia, or to Aden where they can fly to the neighbouring country