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Boeing to cut 10% of workforce

The company has projected a large third-quarter loss.

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.
  • Syria extends humanitarian aid access via two border crossings: UN

    Following international pressure, Damascus agreed to let the UN use the Bab al-Salama and Al-Rai crossings, operated by Turkish-backed rebels,...

    Syrians affected by the February 6 earthquake that killed more than 55,000 people in Syria and Turkey have been relying on two border crossings for vital humanitarian deliveries

    The United Nations estimated earlier this week that Syria needs almost $15 billion to recover from the quake, and it put the total cost of damage and losses at almost $9 billion

  • Turkey’s president leads prayers on eve of fight for political life

    The president has never faced a more united opposition than the one led by retired civil servant Kemal Kilicdaroglu and...

    The president was emulating a ritual that Ottoman sultans performed before they led their men off to war as he braces for presidential polls

    A shout of "God is greatest" went up over Istanbul's old city as the sun set and news of Erdogan's arrival at the mosque filtered in

  • After five days of deadly fighting, Gaza ceasefire takes effect

    The Egypt-brokered ceasefire began in and around the Gaza Strip on Saturday after five days of violence that has killed...

    Islamic Jihad political department official Mohammad al-Hindi thanked Egypt for its efforts to bring about the ceasefire

    The fighting this week was the worst in the Palestinian-Israeli conflict since an August flare-up that killed nearly 50 Palestinian

  • Anger among people in Turkey, voters divided on election eve

    Widespread public anger at the state's slow response to the tragedy leads many believe that Hatay's electors will vote differently.

    Several people who were forced to flee their homes have returned to take part in the elections.

    Many people are annoyed that after the earthquake the Turkish state had abandoned them.

  • Clashes in Gaza continue despite truce efforts

    Israeli air strikes battered Gaza and militants fired rockets again as deadly fighting resumed after a night of relative calm,...

    Witnesses in Gaza reported that air strikes pounded uninhabited areas of the crowded enclave, while air raid sirens wailed in neighboring parts of Israel.

    The Fatah movement of Palestinian president Mahmud Abbas said the two men killed in the raid were members of its armed wing,

  • UAE presents labor laws to UN Human Rights Council in Geneva

    DUBAI, UAE - The UAE presented its legislative ecosystem - which regulates the local labor market, provides social security and...

    Several UAE federal, local government entities and civil society organizations were part of the delegation.

    The new labor legislations include provisions that prohibit discrimination on all grounds as defined in international conventions.

  • Saudi Arabia and Iran discuss ‘opportunities to develop and strengthen’ ties

    Riyadh, Saudi Arabia-- Saudi Arabia and Iran have discussed ways to strengthen the ties between the two countries in a...

    The Iranian minister described the expansion of the Saudi-Iranian relations as a "win-win" development

    The two ministers met in Jeddah on the sidelines of the Islamic Development Bank Group's conference

  • Iran to receive fighter jets from Russia in sign of growing military ties

    Tehran, Iran--Iran will begin to receive the first batch of Russian SU-35 fighter jets next week, according to Mehr News...

    Being under Western sanctions, both Iran and Russia have signed deals in recent months to boost military, economic, trade, and energy ties

    Apart from the 24 jets, Iran will also receive from Russia air defense systems, missile systems and helicopters from Russia in the near future

  • Saudi, Russian foreign ministers talk on phone, discuss ties, Ukraine

    Riyadh,  Saudi Arabia - Saudi Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah discussed in a phone call...

    During the call, the two ministers also exchanged views on a number of regional and international issues and developments of common concern

    In the recent past, as Saudi Arabia’s relationship with the US has become less certain, the kingdom has made an effort to build ties with China and Russia

  • Iraq awaits Turkey’s response to resume Kurdish oil exports

    The Kurdish regional government had for years earned billions of dollars in revenues exporting crude oil to Turkey without the...

    Iraq's Oil Minister Hayan Abdel Ghani had on Thursday said that crude exports from the Kurdish region through the Turkish port of Ceyhan would resume Saturday.

    But on Friday the Kurdish natural resources minister, Kamal Mohamed, told a Kurdish television channel that the resumption of exports was still awaiting approval from Ankara.