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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.
  • Belarus, Iran vow to boost ties amid Russia’s Ukraine war

    Lukashenko said he had observed "with great respect the perseverance with which the (Iranian) people resist external pressures, attempts to...

    Ex-Soviet state Belarus serves as a rear base for Russian troops, and Iran is accused of supplying Moscow with armed drones

    Iranian President Ebrahim Raisi hailed three decades of close ties with Belarus after talks with his counterpart Alexander Lukashenko

  • Video: Leaders find ways to unite fragmented world

    Efforts were made to bring together a divided world and find solutions to the ongoing global crises during the World...

    Efforts were made to bring together a divided world and find solutions to the ongoing global crises during the World Economic Forum's Annual Meeting held in Davos earlier this year

    Despite the ongoing pandemic and continuing restrictions, the meeting in Davos garnered heightened interest due to the conflict in Ukraine, and its economic repercussions

  • Boat capsizes off Libya, nearly 30 migrants feared drowned

    Italy's coastguard said the boat in distress was in Libya's search-and-rescue zone, and that the deadly episode laid bare "the...

    Seventeen migrants were saved and a search was underway for the missing after the early-morning attempted rescue in Libya's search-and-rescue zone, the coastguard said

    On Saturday, the Italian coastguard brought more than 1,300 rescued migrants safely to Italian ports after three packed boats ran into bad weather

  • UAE-Israel ties solid despite clashes in Palestine

    The Israeli-UAE trade is likely to get an added boost in the next few weeks as an anticipated signing of...

    The Israeli-UAE trade is likeiy to get an added boost in next few weeks as an anticipated signing of a customs agreement will enable the FTA signed last year to go into effect

    Israel imports diamonds, electronic equipment, IT, and communications equipment from the UAE and mainly exports diamonds, electronic equipment and cosmetics

  • UAE, Ukraine keen on parliamentary, economic ties

    MANAMA, BAHRAIN -  Speaker of  the UAE Federal National Council Saqr Ghobash discussed ways to enhance cooperation with First Deputy...

    UAE, Ukraine discuss parliamentary cooperation through exchanging visits and enhancing coordination.

    The two sides deliberated on improving trade and economic ties between the two countries.

  • Israeli army shoots dead three Palestinians in West Bank

    Nablus, Palestinian Territories - Three Palestinian gunmen were shot dead after they fired at Israeli soldiers in the northern West Bank...

    Violence intensified last year but has worsened in the West Bank since Israeli Prime Minister Benjamin Netanyahu returned to office in December.

    Since the start of the year, the Israeli-Palestinian conflict has claimed the lives of 81 Palestinian adults and children, including militants and civilians.

  • Ready for prisoner swap with US, says Iranian foreign minister

    TEHRAN, IRAN - Iran's top diplomat on Sunday said "everything is ready" to implement a stalled prisoner exchange deal with the...

    At least 16 Western passport holders, most of them dual nationals - which Iran does not generally recognize - are detained in the country.

    At least three US citizens are held in the country's prisons, according to Iran's judiciary and the US State Department.

  • Iran serves death penalty to a Swedish-Iranian dissident over ‘terrorism’

    TEHRAN, IRAN - Iran's judiciary on Sunday confirmed a death sentence for a Swedish-Iranian dissident for "terrorism" over two years since...

    Habib Chaab was convicted on charges of "corruption on earth" and for creating a rebel group.

    Before the dissident Chaab, six persons were awarded death sentence on the same charges by Iran.

  • Will plant 5m trees in country, says Iraqi Prime Minister

    BASRA, IRAQ -  Iraq's prime minister on Sunday announced a campaign to combat the severe impacts of climate change on the...

    Oil-rich but war-battered Iraq suffers from extreme summer heat, frequent droughts, desertification and regular dust storms.

    Prime Minister Mohammed Shia al-Sudani told a climate conference that more than seven million Iraqis had already been affected by climate change.

  • Over 100 arrested over school poisonings in Iran

    TEHRAN, IRAN - Iran has announced more than 100 arrests nationwide over the mystery poisonings of thousands of schoolgirls, charging that...

    Iran's interior ministry had announced the arrests over the suspected poison attacks in over 200 schools.

    In the wave of cases since late November, schoolgirls have suffered fainting, nausea, shortness of breath and other symptoms.