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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.
  • WFP stops Sudan operation after three members killed in violence

    The UN's food agency said it was suspending work in Sudan after three staff were killed in the Darfur region,...

    "While we review the evolving security situation, we are forced to temporarily halt all operations in Sudan," said a WFP official.

    Fighting in Sudan raged for a second day in battles between rival generals who seized power in a 2021 coup.

  • Ukrainian foreign minister to discuss ‘bolstering ties’ during Iraq visit

    In February this year, the Iraqi foreign minister reiterated Baghdad's support for a ceasefire and negotiations to end the war...

    Ukrainian minister Kuleba is due to hold talks with Iraqi Foreign Minister Fuad Hussein as well as Prime Minister Mohamed Shia al-Sudani.

    Iraq maintains good economic ties with both Kiev and Moscow, and has adopted a neutral stance since Russia invaded Ukraine.

  • Iraq invites Turkey, Iran to discuss water share issue  

    BAGHDAD, IRAQ -  Iraq's Minister of Water Resources Aoun Diab said on Sunday that the releases of the Tigris River...

    Iraq's Minister of Water Resources said that an invitation was extended to the Iranian Minister of Energy to attend the third Baghdad Water Conference.

    Iraq invited the Turkish delegation for the purpose of continuing discussions on activating the memorandum of understanding signed between the two countries.

  • Iran seals 150 businesses for ‘disrespecting’ headscarf obligation

    The closures were announced a day after police said they have now implemented a plan to deal with women who...

    The crackdown comes after the number of women defying the code has risen since a protest movement triggered by the death in custody last year of Kurdish-Iranian Mahsa Amini.

    Last week, police chief Ahmad-Reza Radan said those who remove their headscarves would be identified using "smart equipment".

  • Countries need $97 billion to achieve education targets: UNESCO

    Paris, UAE -- Without $97 billion in extra funding, a range of countries will fail to meet their 2030 national...

    The largest financing gap is in sub-Saharan Africa: $70bn per year. The region has the furthest distance to travel, with 20 percent of primary school age children not in school.

    Around one third of the gap could be filled if donors fulfilled their aid commitments and prioritized basic education in the poorest countries, the report found.

  • Houthi rebels and Yemen government complete prisoner exchange

    Sanaa, Yemen-- Yemeni rebels and government forces freed scores of prisoners Sunday on the last of a three day exchange of...

    Planes carrying detainees took off at the same time from the capital of Sanaa and the government-controlled northern city of Marib, ICRC said

    Three other flights during the day were to complete the deal reached in Switzerland last month to exchange 181 government forces for 706 rebels

  • Two killed in Iraqi Kurdistan in strikes blamed on Turkey

    The PKK, which Ankara and its Western allies classify as a "terrorist" organisation, operates rear bases in Iraq's north. Since...

    The strikes late Saturday near the town of Penjwen, close to the Iranian border, targeted a vehicle carrying Turkish Kurdish fighters from the Kurdistan Workers' Party

    Haval Abubaker, regional governor of Sulaimaniyah, expressed his "concern" about the "attacks" in a telephone call with Masrour Barzani, PM of Iraq's autonomous Kurdistan

  • Thousands fill up Tel Aviv to protest against government’s judicial reforms

    The 15th consecutive week of protest came after Prime Minister Benjamin Netanyahu on March 27 announced a "pause" to allow...

    Smaller protests also took place in the northern port of Haifa and outside the home of Justice Minister Yariv Levin in Modiin

    Saturday's demonstration came a day after US rating agency Moody's announced it was lowering Israel's rating from "positive" to "stable"

  • Syrian foreign minister visits Algeria to boost ties

    Algiers, Algeria-- Syrian Foreign Minister Faisal Mekdad arrived in Algeria on Saturday, Algerian state radio reported late on Friday, a...

    According to Algerian state radio, the visiting foreign minister was welcomed by Ahmed Ataf, Algerian foreign minister

    Faisal Mekdad arrived in Saudi Arabia on Wednesday, in the first such trip since civil war broke out in Syria in 2011

  • Lula visit: Brazil, UAE seal climate, biofuels deals

    They also announced a series of deals, including one for the UAE-controlled Mataripe refinery in northeastern Brazil to invest up...

    The countries said in a joint statement the leaders had discussed a range of subjects including trade, technology, defense, aviation and food security

    The strategically located Gulf monarchy is Brazil's second-largest trading partner in the Middle East, according to the official WAM news agency