Search Site

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 Arabia seizes 12m amphetamine pills, arrests four

    Saudi Arabia regularly announces seizures of amphetamine pills without specifying whether they are captagon, used by wealthy Saudis as a...

    The consignment of 12,729,000 amphetamine pills was hidden in a shipment of pomegranate fruit, and was passing Jeddah port.

    The authorities arrested four people on charges of smuggling the pills, which included two Egyptians, Syrian and a Yemeni national.

  • Russia hosts talks for normalizing ties between Syria, Turkey

    Russian Defense Minister Sergei Shoigu hosted four-way talks aimed at normalizing ties between Ankara and Damascus, which were severed at...

    Russia stressed the importance of countering "the fight against all extremist groups in Syria".

    All participants "reaffirmed their respect for Syria's territorial integrity", the Turkish defense ministry said.

  • Concern over Biden’s age as he decides to run for re-election in 2024

    The veteran Democrat would be 86 by the end of a second term. Even if a medical exam in February...

    After a series of legislative wins and momentous foreign policy struggles in his first two years in office, no one possess any challenge to him from within his party.

    But in a campaign that may result in a rematch of the 2020 election against Donald Trump, he is expected to face constant and fierce scrutiny over his age.

  • WHO expresses concern after fighters take over lab in Sudan

    GENEVA, SWITZERLAND -  The World Health Organization said on Tuesday that fighters in conflict-ravaged Sudan had occupied the national public laboratory...

    Fighters "kicked out all the technicians from the lab," said Nima Saeed Abid, the WHO's representative in Sudan.

    The lab held so-called isolates, or samples, of a range of deadly diseases, including measles, polio and cholera.

  • Turkey holds 110 over terror links: police sources

    State media reported that police held people suspected of financing the outlawed Kurdistan Workers' Party (PKK) or roping in new...

    The mass raids, dubbed by the sources as a "counter-terror" operation, took place in 21 provinces including the Kurdish majority Diyarbakir in the southeast

    The Diyarbakir bar association said the number of detentions could be as high as 150, adding that they included 20 lawyers, five journalists, three actors and one politician

  • Israelis mark Memorial Day under political strain

    Like Jewish religious holidays, Israelis commemorate Memorial Day from sunset and into the following day, with several events planned at...

    At 8:00 pm local time (1700 GMT), sirens rang out across the country to mark the traditional minute of silence in tribute to the fallen soldiers and victims of terrorist attacks

    Memorial Day comes ahead of Independence Day on Tuesday evening during which Israelis celebrate the creation of their state in accordance with the Jewish calendar

  • Amnesty urges Lebanon to ‘immediately’ stop deporting Syrians

    The London-based rights group said the Syrians were expelled following raids on their homes in various parts of the country,...

    On Friday security officials and a humanitarian source said Lebanese authorities sent dozens of Syrians back to the country, despite warnings they faced grave danger there

    The Syrian refugees "are at risk of torture or persecution at the hands of the Syrian government upon return", Amnesty said Monday, describing the situation as "alarming"

  • Iran imposes sanctions on UK, EU individuals, entities

    Tehran, Iran— Iran has announced new sanctions against the UK and European Union “individuals and entities” for supporting what it...

    The Islamic Republic has imposed sanctions as a form of retaliation for "cruel sanctions " against Iranian people

    The country’s foreign ministry blamed the UK and EU for violating international obligations on combating terrorism

  • UK, Netherlands vow to build world’s biggest electricity power-line

    The UK and the Netherlands have announced LionLink, a subsea energy link project that will connect offshore wind farms in...

    Developed by UK's energy distributor National Grid and Dutch electricity supplier TenneT, the project will power up to 1.8 million British homes

    The subsea energy link project is expected to be operational by the early 2030s and will be the largest in terms of electricity capacity in the world

  • India to become world’s most populous nation this week, says UN

    India will overtake China as the world's most populous country in the coming week, hitting almost 1.43 billion people, the...

    India is topping China due to both rapid growth in its own population and a decline in China's after hitting 1.426 billion last year.

    China is expected to decline steadily to around one billion people by the end of this century, according to UN projections.