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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.
  • UAE evacuates 176 people, including media professionals, from Sudan

    ABU DHABI, UAE  - The UAE has evacuated 176 people from seven countries, including media professionals, from Sudan on Saturday...

    The UAE will host evacuees and provide them with all necessary support and assistance prior to their safe transfer to their home countries.

    The UAE continues the process of prioritizing the evacuation of the most vulnerable groups, including the sick, children, elderly and women.

  • Protests in Israel carry on for 18th week against judicial reforms

    Thousands of Israelis protested for an 18th straight week against the hard-right government's controversial judicial reforms, despite Prime Minister Benjamin...

    In a statement, protest organizers said the Benjamin Netanyahu government was waiting to turn Israel into a "messianic and dangerous dictatorship".

    Thousands gathered in Tel Aviv's Habima Square as they prepared to march across the city to Kaplan Street waving Israeli flags.

  • British coronation: World leaders congratulate Charles III, Camilla

    Leaders in the United States and Europe sent congratulations to Britain's King Charles III and Queen Camilla on their coronation...

    US President Joe Biden congratulates King Charles III and Queen Camilla on their coronation and praised the enduring friendship between the US and the UK

    China calls for cooperation and peace with the UK, urging a mutually beneficial ties, while EU hails coronation as testament to enduring strength of British monarchy

  • Iran puts to death Swedish-Irani man over ‘terrorism’ charge

    TEHRAN, IRAN- Iran executed Swedish-Iranian dissident Habib Chaab for "terrorism" on Saturday, according to the judiciary. "The death sentence for...

    Habib Chaab had been held in Iran since October 2020 after he vanished during a visit to Turkey and was put on trial in Tehran.

    Iran said haab led Harakat al-Nidal, or the Arab Struggle Movement for the Liberation of Ahvaz, which Iran considers a "terrorist group".

  • Two Palestinians killed by Israeli troops in West Bank

    Israeli troops killed two Palestinians in the occupied West Bank, the Palestinian health ministry said, as the army claimed to...

    The Israeli army said the two men were "involved in the shooting attack in Avnei Heftz on May 2, 2023 during which an Israeli civilian was injured".

    "The two gunmen were shot and killed after attempting to flee the scene," an army statement said, adding two others were arrested in the operation.

  • KSA, US confirm direct talks between Sudan factions

    However, fighting continues in the Sudanese capital, where the conflict has already claimed around 700 lives and displaced nearly 450,000...

    However, fighting continues in the Sudanese capital, where the conflict has already claimed around 700 lives and displaced nearly 450,000 civilians, reports suggest.

    UNICEF warns that the violence has become fatal for a large number of children as aid workers struggle to access areas hit by violence, while both sides seek a military victory

  • Iran blames US and Israel for targeting its nuclear facilities

    Tehran, Iran--Iran's head of Supreme National Security Council (SNSC) considers the United States to be responsible for all of Israel's...

    Shamkhani was reacting to US NSA Jake Sullivan's comment that Washington would recognize Israel's "freedom of action" in stopping Iran from making a nuclear weapon

    Iran's security chief said that the US will be responsible for all "terrorist acts of Zionists against Iran's facilities and people, and should definitely accept its consequences"

  • UAE and WHO dispatch 30 tonnes of medical supplies to Sudan

    Dubai, UAE--The United Arab Emirates (UAE) and the World Health Organisation (WHO) have dispatched 30 tonnes of urgent medical supplies...

    The aid shipment estimated to be around US$444,000 is the first that WHO has dispatched by air to Sudan since the civil war erupted

    The UAE's aid delivery is focused on providing for the most vulnerable groups affected by the situation in Sudan, especially the sick, children, the elderly, and women

  • UAE marks 47 years of unification of Armed Forces

    The ongoing overall technological developments drive the UAE Armed Forces to increase their efforts to modernize in order to address...

    The ongoing overall technological developments drive the UAE Armed Forces to increase their efforts to modernize in order to address current regional and global challenges.

    The UAE Armed Forces have become one of the strongest in the region and the world, making a valuable contribution to international alliances, highlight UAE leaders

  • Iran, Syria pledge to strengthen ties, develop economic relations

    During late-night talks Thursday, Raisi and his Syrian counterpart Bashar al-Assad discussed "ways to develop and strengthen bilateral relations" and...

    Tehran has been a key ally to Damascus throughout Syria's long-running war, offering vital economic and military assistance.

    Raisi concluded his two-day trip early Friday and had described the visit as a "turning point" in the neighbors' bilateral relations.