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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.
  • Hezbollah carries out military exercise, mock-raids

    AARAMTA, LEBANON - Lebanon's Hezbollah movement simulated cross-border raids into Israel on Sunday in a show of its military might, using...

    Around 200 Hezbollah fighters took part in the raids, part of large-scale military exercise in Aaramta, around 12 miles north of the Israeli border.

    One simulated raid involved a drone attack against a target inside Israel, while in another, fighters attacked vehicles across a mock border.

  • Five Iranian border guards killed in Sistan-Baluchistan province

    Five Iranian border guards were killed during clashes with an armed group in the restive southeastern province of Sistan-Baluchistan, state...

    Iran foreign ministry spokesman Nasser Kanani condemned the attack saying Tehran expects Pakistan to "crack down on terrorist groups".

    The attack was carried out by "a group that was seeking to infiltrate the country" but whose members "fled after suffering injuries, state media said.

  • Erdogan: Turkey’s irresistible force nears final election test

    Known to his inner circle as "beyefendi" (sir) and to admirers as "reis" (the chief), Erdogan prides himself on being...

    The ultimate political survivor, Erdogan, has overcome jail and a bloody 2016 coup attempt to emerge as Turkey's most important leader since Mustafa Kemal Ataturk.

    Next Sunday's runoff is turning into a referendum on Erdogan's rule, with its result likely to leave the sharply polarized nation of 85 million deeply divided.

  • Bahrain, Qatar in focus as UAE astronaut shares unique view of the Gulf from space

    Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as...

    Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as "two shining pearls"

    He also plans to celebrate his 42nd birthday by connecting with an audience at UAE University in Al Ain as part of his 'A Call from Space' initiative

  • Bahrain to resume diplomatic relations with Lebanon

    The Bahraini decision comes the day after the Arab League summit in Saudi Arabia against a backdrop of unexpected rapprochement...

    Bahrain followed Saudi Arabia in recalling their diplomats towards the end of 2021 after a Lebanese minister criticized Riyadh's military intervention in the war in Yemen.

    Lebanon's prime minister Najib Mikati said the country "appreciated this decision and welcomes it". Saudi Arabia returned its envoy to Lebanon in April last year.

  • Moscow ‘captures’ Bakhmut ahead of Kyiv counteroffensive

    Bakhmut, which once had a population of 70,000 people, has been the scene of the bloodiest battle in Moscow's more...

    Ukrainian president Volodymyr Zelensky has warned that the fall of the city would open the way for Russian troops to capture more parts of Donbas.

    Russia's announcement that the city had fallen came hours ahead of Zelensky's meeting Sunday with US President Joe Biden in Japan, during the G7 summit.

  • Saudi astronauts to conduct 11 experiments at Space Station

    Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission. The...

    Besides 11 experiments in the microgravity environment, Ali Al-Qarni and Rayyanah Barnawi will participate in three interactive educational experiences with students in the kingdom

    The focus will be on conducting human research, cell sciences, and cloud seeding experiments in the microgravity environment.

  • Air strikes hit Khartoum as factions agree Saudi-US mediated ceasefire

    The ceasefire "may be extended with the agreement of both parties," a joint statement issued after talks in Jeddah said....

    The power struggle between regular army chief Abdel Fattah al-Burhan and his former deputy turned rival Mohamed Hamdan Daglo, who heads the paramilitary RSF, erupted on Apr 15.

    On Saturday, Qatar's embassy was the latest diplomatic mission to be attacked, after similar attacks on the embassies of Jordan, Turkey and Saudi Arabia.

  • Qatar embassy attacked in Sudan as civil war rages

    Air strikes and artillery exchanges shook the Sudanese capital and armed men ransacked the Qatari embassy as the country's warring...

    "The embassy staff had previously been evacuated and... none of the diplomats or embassy staff were subjected to any harm," Qatar foreign ministry said.

    The attack came a day after Arab leaders meeting at a summit in Saudi Arabia urged Sudan's feuding generals to halt the fighting.

  • WHO unveils network to minimize spread of infectious diseases

    The World Health Organization launched a global network to help swiftly detect the threat from infectious diseases, like COVID-19, and...

    The network will rely on pathogen genomics to analyze the genetic code of viruses, bacteria and other disease-causing organisms.

    The data gathered will feed into a broader disease surveillance system used to identify and track diseases, in a bid to contain outbreaks.