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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.
  • UAE president discusses ties, regional situation in phone call with Netanyahu

    Abu Dhabi, UAE - The UAE president Sheikh Mohamed bin Zayed Al Nahyan received a phone call from Benjamin Netanyahu, Prime...

    Sheikh Mohamed affirmed the UAE’s ongoing commitment to ties with Israel, describing their cooperation as a strategic approach to peace and development

    A separate statement from Netanyahu's office said the two leaders agreed to "continue the dialogue between them in a personal meeting in the near future."

  • Israeli police storm Al-Aqsa mosque to remove ‘agitators’

    Israeli police stormed into the Al-Aqsa mosque on Wednesday to dislodge what it calls agitators in a move condemned as...

    According to witnesses, several rockets were fired from the northern Gaza Strip toward Israeli territory after the announcement of the clashes at Al-Aqsa

    Clashes between Palestinians and Israelis have often erupted in the mosque compound in the Israeli-annexed Old City of east Jerusalem, particularly during the month of Ramadan

  • France’s Macron in China to discuss Ukraine war, trade ties

    The French leader's aims include preserving and rebalancing China's trade ties with Europe as well as safeguarding French interests in...

    Macron will look to stand firm on Ukraine during talks with his counterpart Xi Jinping and offer "another path" from the Washington's confrontational tone

    The French leader's aims include preserving and rebalancing China's trade ties with Europe as well as safeguarding French interests in the Asia-Pacific region

  • Former US President Donald Trump sits at the defense table with his defense team in a Manhattan court on April 4, 2023 in New York City. - Former US president Donald Trump arrived for a historic court appearance in New York on Tuesday, facing criminal charges that threaten to upend the 2024 White House race. (AFP)

    Trump pleads not guilty to 34 criminal charges, trial in Jan 2024

    Former US president Donald Trump is charged with 34 felony counts of falsifying business records stemming from three pre-election hush-money...

    The twice-impeached Republican is the first sitting or former American president to be criminally indicted, propelling the US into uncharted political waters.

    Trump's attorney says the indictment was "sad and we're going to fight it, we're going to fight it hard".

  • Israeli strike, fourth in a week, kills two civilians in Syria

    Damascus, Syria - An Israeli air strike on Tuesday killed two Syrian civilians, state media reported, the fourth such attack on...

    During more than a decade of civil war in Syria, Israel has launched hundreds of air strikes on its territory, primarily targeting Iran-backed forces and Hezbollah fighters.

    While Israel rarely comments on the strikes it carries out on Syria, it has repeatedly said it will not allow its arch-foe Iran to extend its footprint in the war-torn country.

  • Iraq, Kurdish region sign accord to resume oil export

    The deal, thrashed out in talks between federal and regional officials, spells the end of independent oil exports by the...

    The agreement was signed in Baghdad in the presence of Prime Minister Mohamed Shia al-Sudani and Kurdish premier Masrour Barzani.

    The deal comes two days after Iraq, Saudi Arabia and several other major oil exporters announced a sharp reduction in their production from May.

  • US, EU vow to keep energy markets stable, maintain Russia sanctions

    A joint statement issued after the tenth US-EU Energy Council in Brussels said competitive, liquid and transparent global energy markets...

    Russia’s war has also triggered a global food and energy security crisis, with sharp increases in prices and market volatility, the Council said.

    The US, the EU and its Member States intend to continue providing emergency energy assistance to Ukraine via the support fora set up in 2022, it added.

  • 20 schoolgirls in Iran hospitalized due to poison attack

    TEHRAN, IRAN - Twenty Iranian schoolgirls were hospitalized Tuesday after the latest in a mysterious wave of poisoning attacks that have...

    The unexplained attacks in about 230 schools have sparked fear and anger among pupils and their parents.

    Schools across 25 out of Iran's 31 provinces have been targeted in the attacks, the latest official tally said.

  • WMO urges more investment in integrated weather, climate services

    GENEVA, SWITZERLAND - The global transition to renewable energy will require greater investment in integrated weather and climate services, the...

    This investment is critical to ensure that energy infrastructure is resilient to climate-related shocks.

    WMO is stepping up its activities to promote tailored weather and climate information, and forecasts.

  • Iraqi women fashion a new future far away from home

    Dozens of women who had fled deadly violence in Iraq found a home in a Jordanian church where, without work,...

    Fleeing violence carried out by the IS, many of the women ended up in Jordan, where they found themselves without work

    Head of the Catholic aid agency Caritas Wael Suleiman believes there are as many as 13,000 Christian Iraqi refugees in Jordan