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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 ‘resolves’ one of UN nuclear watchdog’s concerns

    Iranian media reports came just days before the board of governors of the International Atomic Energy Agency is due to...

    The IAEA's concerns about the sites are one of the remaining obstacles to the revival of the 2015 nuclear deal, which was left in tatters by the withdrawal of the US in 2018.

    The Marivan site in Abadeh county in the southern province of Fars is the first of the three sites to be addressed under a work plan agreed by Iran and the IAEA in March last year.

  • Saudi national freed from captors in ‘special operation’ by Lebanese army

    Beirut, Lebanon--A Saudi national who had been kidnapped in Beirut has been freed in a "special operation" by the Lebanese army...

    The army said that Saudi national Mashari al-Mutairi was freed from kidnappers in special operation by the army on the Syrian border

    The Saudi national was kidnapped by unidentified assailants dressed as security personnel in a four-wheel drive vehicle on the Beirut seafront

  • Israelis revive flashpoint West Bank settlement

    Neither the army nor the defence ministry commented on their role in Monday's developments at Homesh when contacted by journalists....

    The journalists saw Israeli soldiers guarding around 20 people carrying out construction work at the Homesh site, which Israel evacuated nearly two decades ago

    The latest development comes weeks after the office of Prime Minister Benjamin Netanyahu pledged his government had no plans to reconstruct the site

  • China launches mission with first civilian to space station

    Shenzhou-16 is the first mission to Tiangong since it entered its "application and development" stage, authorities said. Shenzhou-16 will carry out...

    The Shenzhou-16 crew took off atop a Long March 2F rocket from the Jiuquan Satellite Launch Centre in northwest China at 9:31 am (0131 GMT)

    The launch was a "complete success" and the "astronauts are in good condition", said Zou Lipeng, director of the Jiuquan Satellite Launch Center

  • Sudan ceasefire extended as gunfire rages, aid trickles in

    Many residents said they could hear gunfire after dark on Monday, shortly before the ceasefire extension was announced. Earlier, they...

    Shortly before the initial one-week ceasefire was to expire at 1945 GMT, Washington and Riyadh announced the extension

    In a "major breakthrough", the WFP said Monday that it had begun reaching thousands of Khartoum's trapped residents

  • After win, Erdogan faces tough task of uniting a polarized Turkey

    Turkey's longest-serving leader surmounted a powerful opposition coalition, an economic crisis and anger following a devastating February earthquake to beat...

    Turkish president called on Turks to "come together in unity and solidarity", while Kilicdaroglu vowed to "continue the struggle" against the president and his AKP party

    Erdogan's inauguration ceremony, the nomination of a new cabinet and the sitting of the new parliament will follow the confirmation of the final election results this week

  • UAE-India Business Forum discusses investment opportunities

    SHARJAH, UAE - The Sharjah Chamber of Commerce and Industry (SCCI) has embarked on a landmark trade mission to India,...

    The UAE-India Business Forum brought together key business leaders, government officials and industry experts from both Sharjah and Mumbai.

    The trade mission's first leg commenced with the highly successful UAE-India Business Forum held in Mumbai, India's bustling commercial capital.

  • Would welcome diplomatic ties with Egypt, says Iran’s Supreme Leader

    Iran's Supreme Leader Ayatollah Ali Khamenei said he would welcome a resumption of diplomatic relations with Egypt, during a meeting...

    Iran's Supreme Leader Ayatollah Ali Khamenei said that the Omani leader had told him that Egypt would be willing to resume relations.

    Khamenei said that there should be an increase in cooperation between Oman and Iran as the two countries share the Strait of Hormuz.

  • Israeli forces kill Palestinian in West Bank raid: ministry

    The Israeli military said "suspects fired heavily at the forces, who responded with fire toward the armed men" during a...

    Ashraf Mohammed Ibrahim, 37, was "shot by the Israeli occupation" in the northern city of Jenin, the ministry said

    Ibrahim was an officer in the Palestinian intelligence service, according to the official Palestinian news agency Wafa

  • AI disinformation potential sparks fears for US 2024 race

    Campaigns on both sides of the political divide are likely to harness this technology -- which is cheap, easily accessible...

    Fast-evolving artificial intelligence technology could turbocharge misinformation in US political campaigns, observers say

    AI advancements will become a "game changing" tool for understanding voters, said Vance Reavie, chief executive of Junction AI