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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.
  • Canada eases immigration rules to make Syrians, Turks feel at home

    "Canada is committed to providing relief to those impacted by the devastating earthquakes in Türkiye and Syria," said Sean Fraser, Minister...

    The new measures would allow, for example, people from those countries to apply for work permits that authorize foreigners to work for any employer for a specified period

    The announcement comes 10 days after the UN urged the international community to speed up its settlement of Syrian refugees from areas affected by the earthquake in Turkey

  • Former US President Donald Trump claims his arrest is imminent

    Donald Trump called on his supporters to "protest, take our nation back", as he expects to be arrested over an...

    A conviction in the hush money case would not prevent Trump from running, but an indictment can have major consequences

    Denouncing Trump's announcement as "reckless, Nancy Pelosi said it would foment unrest among his supporters

  • Ukraine grain deal extended, says Turkey’s President

    Turkey announced the extension of a deal that has allowed exports of Ukrainian grain to resume following Russia's invasion, but...

    Turkey and the United Nations did not specify the duration of the grain deal.

    A deal brokered by Turkey and the United Nations in July 2022 - and signed by Kyiv and Moscow - had allowed for the safe passage og grain supplies.

  • Erdogan to meet Egyptian President al-Sisi soon, says Turkish minister

    Turkey's top diplomat said President Recep Tayyip Erdogan and Egyptian President Abdel Fattah al-Sisi would meet to mark the end...

    Turkey's foreign minister said his country wants to restore diplomatic relations with Egypt at the highest level.

    Egyptian foreign minister Sameh Shoukry visited Turkey in February after the deadly earthquake as a mark of solidarity

  • Reform of multilateral financial institutions must for climate action, says Dr Al Jaber

    PARIS, FRANCE  -  COP28 President-Designate Dr. Sultan Al Jaber met French President Emmanuel Macron and outlined his vision on the...

    The UAE minister stressed on the need to deploy all necessary resources to transform the global energy systems.

    Dr. Al Jaber emphasized the need for ambitious reforms across international financial institutions and multilateral development banks.

  • Iran hands down death sentences to two over Shiraz shrine attack

    TEHRAN, IRAN -  An Iranian court sentenced two people to death over an October attack on a shrine in the southern...

    The pair were convicted of assisting in "corruption on earth, armed rebellion and acting against national security".

    Three other defendants in the case were sentenced to prison for five, 15 and 25 years for being members of IS group.

  • Jordan Chamber of Commerce, Hungarian envoy discuss economic ties

    AMMAN,  JORDAN -  Vice President of the Jordan Chamber of Commerce (JCC) Jamal Rifai discussed with Hungarian Ambassador to Jordan...

    The joint Jordanian-Hungarian committee aims to present investment opportunities in the two countries.

    In 2022, Jordan's exports to Hungary was worth US$1.15 million and imports were US$34 million, as per official data.

  • India looks to broaden partnership with GCC countries

    New Delhi, India--India has stepped up multi-faceted consultations with GCC states ahead of the Group of Twenty (G20) Summit to...

    According to India's External Affairs ministry, the two countries reviewed bilateral ties in different domains and identified new areas of cooperation

    Oman is taking part in G20 as a special invitee with India inviting nine countries under the category

  • Turkey’s Erdogan asks parliament to back Finland’s bid to join NATO

    Ankara, Turkey--Turkish President Recep Tayyip Erdogan ended months of diplomatically charged delays on Friday and asked parliament to quickly back Finland's...

    Erdogan told Finnish President Sauli Niinisto that Helsinki had shown a strong commitment to addressing Ankara's security concerns.

    Turkey has been seeking the extradition of dozens of Kurdish suspects it accuses of ties to outlawed militants and a failed 2016 coup attempt

  • 100 killed in Israeli-Palestinian conflict this year

    The Palestinian health ministry announced the death of Yazan Omar Jamil Khasib, 23, who died "after the occupation (Israel) opened...

    Since the start of the year, the Israeli-Palestinian conflict has claimed the lives of 86 Palestinian militants and civilians, including children

    Thirteen Israeli adults and children, including members of the security forces and civilians, and one Ukrainian civilian have been killed over the same period