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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.
  • Tunisia’s economic woes to worsen after World Bank lending pause

    Migrants from sub-Saharan Africa faced violence and many were made homeless since Saied ordered "urgent measures" against them. In response,...

    A World Bank official told AFP that it was unlikely any new funding would be approved until the "situation is clarified".

    Tunisia has been in talks since 2021 with the World Bank's fellow global lender, the International Monetary Fund, for a $2-billion bailout loan.

  • New Qatar premier inherits strong economy, world cup glory

    Sheikh Mohammed Bin Abdulrahman al-Thani takes charge at a time when Qatar’s economy is booming, posting a surplus of $24...

    Sheikh Mohammed Bin Abdulrahman al-Thani succeeds Sheikh Khalid bin Khalifa bin Abdul Aziz Al Thani  who was appointed PM in January 2020

    Qatar Emir Sheikh Tamim bin Hamad al-Thani's office also announced a cabinet reshuffle that reappointed the finance and energy ministers

  • Syria health workers launch cholera vaccine drive in rebel-held northwest

    MAARET MASRIN, SYRIA - Syrian medics launched Tuesday the first cholera vaccination campaign in the rebel-held northwest since a deadly outbreak...

    Health workers were going door to door to inoculate people in homes and displacement camps in Syria's Idlib region.

    Across Syria around 85,000 suspected cases have been logged, according to the United Nations.

  • Iran makes first arrests as mystery school poisoning cases hit 5,000

    Scores of Iranian schools have been hit by poisonings since late November, with pupils suffering symptoms ranging from shortness of...

    Supreme leader Ayatollah Ali Khamenei had called Monday for the perpetrators of the "unforgivable crime" to be tracked down "without mercy" as public anger mounts.

    Deputy health minister Saeed Karimi said symptoms included "respiratory irritation, stomachache, weakness and lethargy".

  • Israeli warplanes hit Syria’s Aleppo airport, says ministry

    Israeli warplanes struck Aleppo airport before dawn, causing significant damage that halted flights to and from Syria's war- and quake-battered...

    The damage forced authorities to close the airport to all flights, the Syrian government said.

    Aid deliveries have been diverted to Damascus and Latakia airports, a Syrian transport ministry statement said.

  • Japan allots US$1.6bn to contentious Australia hydrogen project

    In a statement, HESC said the project has entered its commercial demonstration phase with money from Japan's Green Innovation Fund,...

    The Hydrogen Energy Supply Chain (HESC) project is a joint Japanese-Australian undertaking intended to produce plentiful and affordable fuel for Tokyo

    Its backers argue it will create economic opportunity in Victoria, but NGO Environment Victoria has also warned about the HESC's CCS claims

  • Qatar appoints new PM, after resignation of Sheikh Khalid

    Doha, Qatar-- Qatar's Prime Minister Sheikh Khalid bin Khalifa bin Abdul Aziz Al Thani has resigned from his job, according...

    According to the state news agency, the emir has appointed Sheikh Mohammed Bin Abdul Rahman Al Thani in the post

    The outgoing PM Sheikh Khalid was appointed to the office in January 2020, after having been head of the Amiri Diwan

  • Pentagon chief in Iraq, 20 years after US-led invasion toppled Saddam

    Iraq has recently hosted a raft of foreign officials, including the Iranian, Russian and Saudi foreign ministers and UN chief...

    His visit comes ahead of the March 20 anniversary of the ground invasion which ushered in two decades of bloodshed that Iraq is only now beginning to exit

    "I'm here to reaffirm the US-Iraq strategic partnership as we move toward a more secure, stable and sovereign Iraq," Austin tweeted as he landed in Baghdad

  • World Bank pauses Tunisia program over president’s migrant remarks

    In the message sent on Sunday evening, the bank's outgoing President David Malpass said Saied's tirade had triggered "racially motivated...

    World Bank President David Malpass noted that measures announced by the Tunisian government to protect and support migrants and refugees marked a "positive step"

    According to official figures, there are around 21,000 undocumented migrants from other parts of Africa in Tunisia, which is home to around 12 million people

  • UAE shares view at first G20 Culture Working Group meeting

    ABU DHABI, UAE  - UAE Ministry of Culture and Youth (MCY) participated in the First G20 Culture Working Group (CWG)...

    G20 members, invited countries and international organizations attended the meetings of the Culture Working Group.

    The meeting discussed the challenges and opportunities in the cultural ecosystem on a global scale.