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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.
  • Israelis protesters return to streets as Netanyahu rejects reforms compromise

    Demonstrators gathered in Jerusalem and the northern city of Haifa to denounce the overhaul that would, among other things, allow...

    President Isaac Herzog presented a proposed compromise on the reforms, but the government immediately rejected it

    Leaders of opposition parties said in a joint news conference on Thursday they supported Herzog's outline

  • UAE, Russia to enhance cooperation in economic, technology sectors

    Moscow, Russia -  The UAE and Russia have agreed to enhance cooperation in the fields of innovation, environment, and education...

    The two countries are also looking forward to enhancing cooperation in renewable energy and food security

    Shifting of Russian oil trade away from the west has made the UAE the focus of Moscow's ongoing pivot to Asia

  • UAE pledges $3m for rebuilding Huwara raided by Israeli settlers

    Thirty houses were burned and damaged, according to local officials, after dozens of Israeli settlers set them ablaze. Bezalel Smotrich,...

    Last month, dozens of Israeli settlers violently attacked the Huwara town in occupied area of northern West Bank.

    The occupied area of West Bank is under Israel's control since 1967 war, and around 2.9 million Palestinians live in the area.

  • Lebanon bank chief turns up for European probe into his wealth

    Salameh had been summoned to appear on Wednesday but failed to show up, alleging that "the presence of international judges...

    He faces allegations of crimes including embezzlement in separate probes in Lebanon and abroad. He rarely appeared before investigating judges, despite numerous complaints.

    France, Germany and Luxembourg seized assets worth 120 million euros ($130 million) in March last year in a move linked to a French probe into Salameh's personal wealth.

  • No recent crossings of Lebanon-Israel border, say UN peacekeepers

    BEIRUT, LEBANON - The UN peacekeeping force in Lebanon said Thursday it had not observed any border crossings after Israel said...

    UNIFIL acts as a buffer between Lebanon and Israel, neighbors that remain technically at war and have no diplomatic relations.

    United Nations Interim Force in Lebanon urged both sides to exercise restraint and use UNIFIL coordination mechanisms to "avoid misunderstandings".

  • Will only talk to Erogan if Turkey exits Syria: Assad

    The Syrian leader, who arrived in Moscow on Tuesday, demanded that Turkey end its "support for terrorism" alongside a withdrawal,...

    His comments come one day after he met Russian President Vladimir Putin, who is seeking to repair ties between Erdogan and Assad

    Erdogan and Assad had amicable relations in the 2000s after years of tensions between their countries following the breakup of the Ottoman Empire

  • JCC discusses trade, commerce in economic summit in France

    AMMAN, JORDAN -  The Jordan Chamber of Commerce (JCC) took part in the fourth Arab-French Economic Summit 2023 in Paris....

    Jordan Chamber of Commerce spoke of closer ties with trade and commercial bodies in the European Union member states.

    Topics like environment and water, industry, modern construction projects, food, nutrition, healthcare, banking, medicine, funds, climate were discussed.

  • China, Russia, Iran conduct joint naval drills in Gulf of Oman

    China, Iran, and Russia are conducting a five-day trilateral naval exercise, Security Belt-2023, in the Gulf of Oman, according to...

    China's Defense Ministry, in a statement, said the exercises will conclude on Sunday and will include the participation of China's guided-missile destroyer Nanning

    Russia will be represented by a detachment of ships from the country's Northern Fleet, including the Admiral Gorshkov frigate and the Kama medium sea tanker

  • Saudi-Iran pact should offer momentum toward peace in Yemen: UN

    United Nations, United States--The surprise rapprochement between Saudi Arabia and Iran should offer momentum toward peace by the warring parties in...

    The UN Secretary General's Special Envoy for Yemen Hans Grundberg appealed to the parties to the conflict to seize the opportunity of the breakthrough

    The war in Yemen has since claimed hundreds of thousands of lives -- direct and indirect victims -- and displaced millions and pushed many into poverty

  • Lebanon’s central bank chief snubs European investigators’ team

    Salameh had been summoned to appear at Beirut's justice palace on Wednesday morning but objected to the session and instead...

    Riad Salameh, 72, is part of the Lebanese political class widely blamed for a crushing economic crisis that began in late 2019.

    The investigators are examining the fortune he has amassed during three decades in the job. He denies all the allegations.