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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.
  • Syrian foreign minister on a visit to Egypt

    Egypt's Foreign Minister Sameh Shoukry met with his Syrian counterpart Faisal Mekdad in Cairo, a first since Syria's civil war...

    Several Arab countries rushed to Syria's aid after a February 6 earthquake killed tens of thousands in the war-torn country.

    Egyptian President Abdel Fattah al-Sisi called his Syrian counterpart Bashar al-Assad in an unprecedented show of support.

  • Iran puts two women behind bars for refusal to wear hijab

    Iranian authorities ordered the arrest of two women, the judiciary said after a viral video appeared to show them being...

    The new incident comes after the death in custody of Iranian Kurd Mahsa Amini in September sparked months of protests

    Iranian President Ebrahim Raisi reiterated calls affirming that Iranian women should wear the hijab as a "religious necessity".

  • Norway contributes US$23.7m of flexible funding to FAO

    ROME, ITALY  -  The Food and Agriculture Organization of the United Nations (FAO) has welcomed a US$23.7 million contribution from...

    The funds will be channeled through FAO’s Special Fund for Emergency and Rehabilitation Activities - a funding mechanism with streamlined procedures.

    With this, FAO aims to reach around 600,000 food insecure people with farming inputs, livestock supplies, fishing inputs and cash assistance where needed.

  • Pakistani businessman exports food products to Israel

    ISLAMABAD, PAKISTAN - The American Jewish Congress celebrated the arrival of the first shipment of food products from Pakistan to...

    While Israeli authorities and buyers have no issue with direct shipments from Pakistan, officials in Islamabad have not issued any comment.

    The transaction reportedly involved Pakistani-Jewish businessman Fishel BenKhald and three Israeli entrepreneurs.

  • US President Joe Biden calls for release of reporter held in Russia

    Washington, United States--President Joe Biden on Friday called for Russia to release Wall Street Journal reporter Evan Gershkovich, who is being...

    In a hard-hitting editorial in the Wall Street Journal, its board of opinion editors called for the expulsion of Russia's ambassador to the US as well as all Russian journalists

    While condeming the arrest, the White House warned Americans not to travel to Russia and also advising those inside the country to leave for their own safety

  • UAE dispatches fresh aid shipment to quake-hit families in Afghanistan

    Abu Dhabi, UAE--The UAE has dispatched a plane carrying 38 tonnes of urgent medical and food supplies to Afghanistan to...

    The food and medical supplies will assist families hit by the earthquake, which has worsened the current humanitarian situation in Afghanistan

    During the last few years, the UAE has ramped up its humanitarian assitance to Afghanistan by dispatcing 28 aircraft loaded with 623 tonnes of medical and food supplies

  • Iran’s Revolutionary Guards officer killed in Israeli strike on Syria

    Tehran, Iran--An officer from Iran's powerful Revolutionary Guards was killed in Israeli air strikes on Syria early on Friday, a website...

    Syrian state media said that Israel in its latest aerial assault launched several missiles from the occupied Golan Heights against positions near Damascus

    Islamic Revolutionary Guard Corps said on its website, Sepahnews, that one of the force's officers was killed in the Israeli raid

  • ‘Election interference, Kangaroo court’: Trump on indictment, says judge hates him

    Trump's pending arrest throws a political grenade into next year's White House race and President Joe Biden sidestepped questions from...

    Trump is to be booked, fingerprinted and will have a mugshot taken at a Manhattan courthouse on Tuesday

    Trump, who is currently at his palatial Mar-a-Lago residence in Florida, was initially "shocked" at the indictment

  • Ajman, Italian-Czech Chambers discuss investment, business opportunities

    AJMAN, UAE - The Ajman Chamber of Commerce and Industry’s (ACCI) discussed with the Italian-Czech Chamber of Commerce in Milan...

    Ajman Chamber is keen to enhance its international cooperation and diversify its foreign partnerships.

    The Chamber discussed the competitive elements provided by Ajman economy and the investment opportunities available.

  • Italy blocks AI chatbot ChatGPT over data privacy failings

    Italy became the first western country to take such action against the popular chatbot. The country's Data Protection Authority said...

    ChatGPT caused a global sensation when it was released last year for its ability to generate essays, songs, exams and even news articles from brief prompts.

    Universities and some education authorities have banned the chatbot over fears that students could use it to write essays or cheat in exams.