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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.
  • Saudi evacuation party brings 65 Iranians from Sudan

    JEDDAH, SAUDI ARABIA - The first Iranian evacuees to escape the Sudan conflict through Saudi Arabia arrived on Saturday in Jeddah,...

    Saudi Arabia has so far organized evacuations of about 5,000 people from 96 countries, according to the foreign ministry.

    More than 510 people have been killed since fighting erupted on April 15 between the Sudan's army and its paramilitary forces.

  • Iran’s president criticizes US presence in Middle East

    Iran's President Ebrahim Raisi slammed the United States' presence in the Middle East, as he hosted his counterpart from neighboring...

    The US has 2,500 non-combat troops in Iraq to provide it with advice and training.

    About 900 US troops remain in Syria, most in the Kurdish-administered northeast.

  • Jordan’s exports to EU nations in January,  February 2023 rose to US$87m

    AMMAN, JORDAN - Value of Jordanian exports to European Union countries increased during January-February period of 2023, by 108.5 percent...

    Jordan's imports from the EU nations in January, February 2023 rose to reach US$671 million.

    Trade exchange between Jordan and EU countries in January, February 2023 amounted to about US$758 million.

  • Three civilians wounded in Israel air strikes in Syria, says state media

    Three civilians were wounded in Israeli air strikes near the Syrian city of Homs, state media reported, with a war...

    Israel has repeatedly said it will not allow its arch-foe Iran to extend its footprint in Syria.

    "The Israeli enemy carried out an air attack with missiles, from the direction of north Lebanon," state media reported.

  • Iran offers to solve Lebanon’s electricity shortage

    Tehran, Iran - Iran's Foreign Minister, Hossein Amir-Abdollahian, has offered to solve Lebanon's electricity shortage issue through bilateral cooperation despite...

    Iran had previously supplied fuel to Lebanon via Syria last year, in response to a request from Hezbollah

    Lebanon has been facing severe electricity crisis, with frequent power outages affecting households and businesses

  • Iraq president seeks to deepen partnership on his visit to Iran

    Tehran, Iran--Accompanied by a large delegation, Iraq's President Abdul Latif Rashid arrived in Tehran to deepen economic, trade and political ties...

    The two presidents will hold talks on trade, climate change, security, stability at the Saadabad Cultural and Historical Complex

    The Iraqi president has maintained that the two neighbors can contribute to strengthening of security and stability in the region

  • Turkish president, UN chief discuss grain deal over phone, Sudan situation

    Ankara, Turkey  - Turkish President Recep Tayyip Erdogan on Friday discussed over the phone with the UN Secretary-General Antonio Guterres...
  • Iranian president Raisi to visit Syria ‘in the near future’

    Raisi's planned trip comes against the backdrop of a rapprochement between regional rivals Iran and Saudi Arabia, and increased Arab...

    The planned visit comes in the context of "multidimensional" cooperation between Tehran and Damascus

    Iran is a major ally of President Bashar al-Assad and has given financial and military support to his regime

  • European probe officials to question Lebanon central bank audit firms

    European investigators probing Lebanese central bank chief Riad Salameh's wealth will question officials from two international firms previously tasked with...

    Visiting European investigators plan to question officials from the Lebanon offices of Deloitte, Ernst and Young, and a local firm.

    The European investigators arrived in Beirut this week on their third trip to Lebanon in connection with the probe.

  • Uzbekistan, IsDB ink pacts worth US$396.7m for infrastructure, education

    JEDDAH, SAUDI ARABIA  - Islamic Development Bank (IsDB) President and Group Chairman Dr. Muhammad Al-Jasser and Uzbekistan Minister of Investments,...

    Under the agreement, IsDB will provide US$260 million in financing for the Integrated Rural Development Project.

    The project will empower local communities, improve their access to quality and resilient infrastructure.