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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.
  • Russia promises enough ammo to stay in Bakhmut: Wagner

    Russian troops have battled since last summer to capture Bakhmut, the political importance of which has come to surpass any...

    Rivalries between Yevgeny Prigozhin and the conventional army had boiled over during the battle for the now-devastated flashpoint, where Wagner is leading the assault

    Wagner's chief has threatened to pull out of Bakhmut on May 10, blaming Defence Minister for tens of thousands of Russian casualties in a series of blistering videos

  • Jordanian-American committee discusses trade, food security

    AMMAN, JORDAN -  The ninth session of the Joint Jordanian-American Committee, which was held in the United States, discussed cooperation...

    The Jordanian delegation urged US investors to enhance investment in the Kingdom.

    The delegation thanked US for its continuous support to Jordan in several sectors.

  • Iraqi PM, Lebanese minister discuss economic cooperation

    BAGHDAD, IRAQ -  Iraq Prime Minister Muhammad Shia'a Al-Sudani said that the country is continuing regional economic communication. A statement...

    Iraq Prime Minister said that the country is continuing regional economic communication.

    Iraq supports stability and economic growth for itself and other friendly nations

  • Japan, South Korea eye detente as North Korea threat looms

    Japan's Prime Minister Fumio Kishida said his "heart aches" for Koreans who suffered under colonialism, as Seoul and Tokyo seek...

    Tokyo and Seoul have long been at odds over historic issues linked to Japan's brutal 1910 to 1945 colonial occupation of the Korean peninsula.

    Bilateral ties were torpedoed in 2018, when South Korea's Supreme Court ordered Japanese firms to compensate the wartime victims of forced labor.

  • Iraq to execute person for killing academic in 2020

    An Iraqi court sentenced to death a former policeman convicted of killing prominent academic Hisham al-Hashemi, whose murder in 2020...

    Prominent academic Hisham al-Hashemi, was shot dead outside his Baghdad home in July 2020 by gunmen on motorcycles.

    Hashemi was a highly qualified academic and his murder in 2020 had attracted condemnation from the West and the United Nations.

  • Syria rejoins Arab League after 11-year absence

    The bloc's foreign ministers unanimously agree to allow government delegations from Syria to resume their participation in meetings ahead of...

    The bloc's foreign ministers unanimously agree to allow government delegations from Syria to resume their participation in meetings ahead of a key summit in Jeddah on May 19.

    The development comes after a decade-long suspension due to President Bashar al-Assad's crackdown on pro-democracy protesters in 2011 that sparked the country's civil war

  • Israel repatriates Jordan MP accused of smuggling

    Israel transferred a Jordanian member of parliament to Amman's authorities, weeks after arresting him for attempting to smuggle pistols, rifles...

    Israel had detained the Jordanian MP Imad Adwan on April 22 when he was crossing between Jordan and occupied West Bank.

    Israeli officials did not prosecute the MP and transferred him to Jordanian authorities for further investigation.

  • Dozens file ‘documents’ to take part in Kuwait polls next month

    Kuwait City, Kuwait -- Dozens of candidates have submitted their candidacy documents for Kuwait's National Assembly election, set to take...

    On Saturday, 31 candidates registered to run in the elections, the second day of registration, bringing the total of hopefuls so far to 61

    The oil-rich country has seen much wrangling between the government and the elected parliament, hampering fiscal reforms

  • Turkey’s Erdogan nears knife-edge vote amid high inflation

    The 69-year-old has become one of Turkey's most important and divisive leaders since his Islamic-rooted party ended half a century...

    Erdogan's global stature soared when he helped stem Europe's migrant crisis in 2016 -- and then plunged when he unleashed a crackdown on dissent later that same year

    He enters one of the biggest elections of Turkey's with his popularity weighed down by a crippling cost-of-living crisis and the social aftershocks of a February earthquake

  • GCC ministers review Sudan’s healthcare, relief bid

    Gulf health ministers discuss ways to upgrade healthcare systems in the region and relief work in Sudan, seeking to enhance...

    Gulf health ministers discuss ways to upgrade healthcare systems in the region and relief work in Sudan, seeking to enhance and unify efforts since the outbreak of the crisis

    Since April 15, at least 700 people have been killed in the conflict, and thousands more have been wounded and displaced internally or across the border to neighboring countries