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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.
  • Dozens of sub-Saharan migrants missing in latest Tunisia shipwreck

    The boat carrying 38 people had set off Thursday from near Sfax and was attempting to reach Italy, said Fawzi...

    Tunisia's population of 12 million hosts an estimated 21,000 migrants from other parts of Africa, representing 0.2 percent of the population.

    Earlier Friday, Alarm Phone, a charity monitoring migrant boats, said that 40 people were at risk on a "boat in distress trying to escape Tunisia".

  • France bars public employees from using TikTok on work phones

    Paris, France - France on Friday banned public-sector employees from downloading "recreational applications" on their work phones, the public services ministry...

    The ban would include "game apps like Candy Crush, streaming apps like Netflix and recreational apps like TikTok".

    Recreational applications do not present sufficient levels of cybersecurity and data protection to be deployed on administrative equipment," said the public services ministry.

  • Funding for UN refugee operations swells via Zakat Fund

    Sheikh Thani Bin Abdullah Bin Thani Al-Thani of Qatar, who serves as a UNHCR advocate, has been the biggest contributor...

    "Last year, we raised more than $20 million in Ramadan alone," said Khaled Khalifa, UNHCR's representative to the GCC countries. "We are hoping to exceed that this year."

    The agency said it was increasingly able to channel obligatory donations under Islam to help fund its activities.

  • Israel attorney general criticizes judicial reform move

    JERUSALEM -Israel's attorney general on Friday accused Prime Minister Benjamin Netanyahu of "illegal" public intervention on the government's divisive judicial...

    The prime minister must avoid any involvement in changes in the judicial system, Israel’s attorney general said.

    Israel’s PM pledged to do everything to find a solution that would satisfy both supporters and critics of the judicial reforms.

  • Those who sow the wind reap the whirlwind: Iran on French protests

    Kanani was referring to criticism, including from France, of Iran's response to months-long protests triggered by the death of Mahsa...

    Protesters clashed with French security forces on Thursday in the most serious violence yet of a three-month revolt against Macron's decision to increase the retirement age

    Kanani was referring to criticism, including from France, of Iran's response to months-long protests triggered by the death of Mahsa Amini after the 22-year-old's arrest

  • Denmark asks Nord Stream owner to help recover mystery object

    COPENHAGEN, DENMARK - Denmark has invited the Russian-controlled operator of the Nord Stream 2 pipeline to help recover a mystery object...

    Russian energy giant Gazprom holds a majority stake in the twin pipelines, with the rest owned by German, Dutch and French companies.

    The Danish energy agency released a photo of the cylindrical object standing near the Nord Stream 2 pipeline at the bottom of the sea.

  • Saudi on track to achieve UN sustainable goals by 2030: Minister

    Dubai, UAE -- Saudi Arabia has said that the kingdom is on track to achieve the United Nations Sustainable Development...

    Deputy Minister for Water Abdulaziz Al-Shaibani told UN Water Conference that the kingdom has restructured the water sector and developed the National Water Strategy.

    The kingdom has allocated $80 billion for water projects in the coming years as part of its efforts to achieve universal and equitable access to safe and affordable drinking water.

  • Israeli judicial reforms: Netanyahu vows unity as protests linger

    Netanyahu, in a televised address, said he was determined to advance the reforms but wanted to reach a solution acceptable...

    Thousands of Israelies rallied against proposed judicial reforms in Jerusalem outside Netanyahu's residence as well as in the northern city of Haifa

    Israeli prime minister says the proposed changes are necessary to diminish the powers of the Supreme Court, which they argue has become politicized

  • US airstrikes in Syria kill eight pro-Iran fighters after contractor death

    Defense Secretary Lloyd Austin said Thursday that at the direction of President Joe Biden, he had authorised "precision airstrikes tonight...

    On Friday, Rami Abdel Rahman, head of the Syrian Observatory for Human Rights, a Britain-based monitor, said eight people had been killed by US strikes

    Two of the US service members wounded on Thursday were treated on site, while the three other troops and one US contractor were medically evacuated to Iraq

  • UN warns funding shortfall can slash support for Yemen children

    Warning that it could be left with no option but to cut support for children in Yemen without a funding...

    According to some estimates, some 11,000 children are known to have been killed or maimed since the conflict escalated in 2015

    The UN says that fighting in Yemen has sparked off what it describes as one of the world's worst humanitarian tragedies