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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.
  • Jordanians still revere Saddam for Palestine cause, Arab nationalism

    Amman, Jordan -- Twenty years after the fall of his regime, the late Iraqi president Saddam Hussein remains admired and popular...

    "Tens of thousands of Jordanians graduated from Iraqi universities in various fields during Saddam's era with free scholarships," MP Khalil Attiyeh told AFP.

    "The main reason Jordanians love Saddam is that they saw him as a hero and a savior who had a mission to boost the Arab nation at all levels," Attiyeh told AFP.

  • North Korea tests another underwater ‘nuclear attack drone’

    In response to US and South Kroea military drills, North Korea has tested another underwater nuclear attack drone, though military...

    Blaming US-South Korea exercises for a worsening regional security situation, it claimed to have conducted the first test of the Haeil

    According to Seoul, the US and South Korea staged joint air drills involving at least one US nuclear-capable B-52H strategic bomber

  • Russia formally charges Wall Street Journal reporter with espionage

    Evan Gershkovich was formally charged with espionage by Russia, according to Russian news agencies, accusation rejected both by the reporter...

    According to state-run agency TASS, sleuths from the FSB charged Gershkovich with espionage "in the interests of his country"

    The State Department summoned the Russian ambassador and Antony Blinken raised the matter in a telephone call to Russian foreign minister

  • China announces military drills in Taiwan Strait

    In a PLA statement, Senior Colonel Shi Yi, spokesman for the Eastern Theatre Command, said "United Sharp Sword" would involve...

    The People's Liberation Army's Eastern Theatre Command said "United Sharp Sword" would run April 8 to 10 for "combat preparedness."

    The move follows a meeting in California between Taiwan President Tsai Ing-wen and US House Speaker Kevin McCarthy

  • Israel mobilizes police, army reserves in latest spike of violence

    Following the killing of three people in the West Bank and Tel Aviv, Israel has mobilized police and army reserves...

    In the occupied West Bank on Friday, two British-Israeli sisters were killed and their mother seriously wounded in a shooting attack

    In Tel Aviv, one man was killed and seven people wounded when a car rammed into people sauntering along a cycling path along the seafront

  • Stress and trauma: Mental toll of Turkey’s quake

    Sleeping troubles, fear of spending time indoors and profound fear of the mountains are some of the symptoms survivors in...

    Volunteer psychiatrist Eralp Turk tries to heal the anguish by zipping around the disaster zone with a box full of pills in his car and a notepad for recording emotions.

    Social worker Aysen Yilmaz said the people she consults in Turkey's tent cities were showing all the symptoms of post-traumatic stress.

  • Tunisia intercepts over 14,000 migrants in January to March 2023

    TUNIS, TUNISIA - Tunisia's coastguard said Friday it had intercepted over 14,000 migrants trying to reach Europe from January to March,...

    The figure has risen from 2,532 intercepted in the same period last year, including 1,657 from sub-Saharan Africa.

    Tunisia has long served as a launchpad for people fleeing conflict in countries as far afield as Cameroon and Sudan.

  • SDF signs $240m loan pact for Pakistan hydropower project

    Dubai, UAE -- The Saudi Fund for Development (SFD) has signed a US$240 million loan agreement to support Pakistan's Mohmand...

    The project is co-financed by the Saudi Fund for Development, OPEC, Islamic Development Bank, and the Kuwait Fund for Arab Economic Development.

    By using renewable energy sources, the project will generate 800 MW of electricity production capacity.

  • World food prices fall for 12 consecutive months, says UN

    World food prices are still high but have fallen by a fifth compared to a year ago when prices soared...

    FAO said the fall in benchmark prices was "driven by declines in world quotations for cereals and vegetable oils."

    The UN agency added that food remained expensive for developing countries highly dependent on imports.

  • French foreign minister has rare meeting with Iranian counterpart in China

    France's foreign minister has held a rare face-to-face meeting with her Iranian counterpart in China, urging Tehran to release French...

    Foreign minister Amir-Abdollohian was leading the Iranian delegation in separate reconciliation talks in Beijing between Iran and Saudi Arabia.

    Contacts between Iran and European powers have reduced over Tehran's deadly crackdown on the protest movement that erupted in September.