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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.
  • Ship carrying civilians evacuated from Sudan arrives in Saudi Arabia

    A boat carrying Saudi citizens and other nationals rescued from battle-scarred Sudan arrived in Jeddah, Saudi state television said, in...

    The boat docked at the Red Sea port of Jeddah where four other ships carrying 108 people from 11 different countries was expected to arrive later.

    Those who have arrived in Jeddah include the crew of a Saudi passenger plane that was hit by gunfire while preparing to take off from Khartoum.

  • Russia expels more than 20 officials from German embassy

    MOSCOW, RUSSIA - The Russian foreign ministry spokeswoman on Saturday announced the expulsion of "more than 20" German diplomats as a...

    Russian ministry spokesperson told state-run television Zvezda that Moscow had decided to expel "more than 20" diplomats.

    Her statement came shortly after Russia denounced "another mass expulsion of employees of Russian diplomatic missions in Germany.

  • UN chief calls for protection of biodiversity on International Mother Earth Day

    NEW YORK, US -  UN Secretary-General António Guterres issued a statement calling for urgent action to protect the environment and...

    The UN chief highlighted the crucial relationship between humanity and the natural world.

    He called for deeper and faster emissions cuts to limit global temperature rise to 1.5 degrees Celsius.

  • Saudi Crown Prince, Russian President discuss bilateral ties

    Riyadh, Saudi Arabia - Saudi Crown Prince and Prime Minister Prince Mohammed bin Salman bin Abdulaziz Al Saud discussed bilateral...

    The two leaders exchanged views on a number of issues of common concern, Saudi Press Agency reported

    Earlier, the duo spoke by phone in September 2022 to express their satisfaction over a prisoner-of-war swap

  • Can war be foreseen, prevented? Researchers explore possibilities

    Geneva, Switzerland -- Researchers from around the world have embarked on an effort to try to build a system allowing...

    Researchers from around the world will examine dramatic advances in artificial intelligence and how the decisions taken by the world's leaders could be swayed.

    Some 30 researchers gathered in Geneva earlier this month for a first round of discussions focused on "Anticipating the Future of Peace and War".

  • ACT initiative to support developing nations achieve climate goals

    Launched by the World Economic Forum, the World Trade Organisation (WTO) and the World Bank Group, the scheme aims to...

    ACT will use the expertise of the three participating organizations to provide participating economies with tailored trade analysis.

    Vulnerable populations in developing economies often suffer disproportionately damaging outcomes in terms of health, food insecurity and livelihood.

  • Morocco intercepts 550 migrants trying to reach Europe

    Coastguards of the kingdom's navy operating in the Mediterranean and Atlantic rescued 552 illegal migrants of varying nationalities between April...

    Morocco in northwest Africa is a transit country for many migrants trying to get to Europe -- Spain's mainland or its Canary Islands in the Atlantic

    According to the United Nations, the first quarter of 2023 was the deadliest since 2017 for Europe-bound migrants in the Mediterranean

  • Lebanon expels dozens of Syrian refugees amid dire economic crisis: security officials

    Lebanese authorities have long pushed for Syrian refugees to return, and have made several repatriation efforts they describe as voluntary,...

    Hundreds of thousands of Syrians fled to neighbouring Lebanon after the country's civil war began in 2011 with the brutal suppression of anti-regime protests

    The army officials said that Lebanese authorities did not deport the refugees, adding that some of the expelled refugees had returned to Lebanon with the help of smugglers

  • Saudi, Iran foreign ministers talk on phone, discuss next steps in ties

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

    China recently brokered the restoration of ties between Iran and Saudi Arabia, rivals in a region where the US for decades has been the main diplomatic powerbroker

    The two Middle East powerhouses had held several rounds of dialogue in Iraq and Oman before reaching the agreement to mend ties on March 10 in China

  • Palestinians and Israelis share iftar in West Bank to ‘end hatred’

    "(We're a) group of people that wants to end the situation of violence and the hatred between members of the...

    The iftar meal is a rare attempt at cross-community dialogue amid a spike in violence in the Palestinian territory.

    Among around 50 guests were an Israeli paratrooper in uniform, an extreme-right Jewish activist and left-wing Israelis.