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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.
  • Iran hits back at EU and Britain, imposes retaliatory sanctions

    Taking retaliatory action for imposition of sanctions against the Islamic Republic, Iran has slapped 36 individuals and entities from the...

    Iran imposed on several military companies as well as ministers and lawmakers from various European countries

    The EU on Monday imposed asset freezes and visa bans on Iran's education and culture ministers -- part of a targeting of 32 individuals and two entities

  • Iran court sentences German-Iranian man to death

    TEHRAN, IRAN - A Tehran court Tuesday sentenced to death an Iranian-German dual national accused of being the leader of...

    Iran-born Sharmahd, 67, who is also a German national and a US resident, was arrested in August 2020.

    Iran has carried out several executions in recent months that have sparked international outcry

  • EU says Israel deporting MEP ‘deeply disappointing’

    The EU called it "deeply disappointing" and "surprising" that Israel stopped and deported a Spanish MEP who had arrived for...

    Spanish Foreign Minister Jose Manuel Albares also expressed indignation and said "we are demanding an explanation from Israeli authorities".

    EU foreign affairs spokeswoman, Nabila Massrali said Miranda's deportation was "surprising" and view it as "deeply disappointing."

  • Sharjah, Costa Rica explore trade, food security

    SHARJAH, UAE - Chairman of the Department of Government Relations (DGR) in Sharjah Sheikh Fahim Al Qasimi recently met with...

    The Costa Rican delegation was briefed on Sharjah free zones and industrial zones.

    The Costa Rican minister said the meeting explored opportunities to strengthen trade between the two sides.

  • IEA faults energy firms for not doing enough to cut methane

    The International Energy Agency (IEA) found that emissions from the energy sector rose slightly last year to 135 million tons,...

    The IEA estimates that $100 billion would be enough to achieve a 75 percent reduction in in methane emissions

    It noted that the explosions last year which destroyed the Nord Stream pipelines released a huge amount of methane into the atmosphere

  • FNC Speaker, Canadian Senate Speaker discuss strengthening parliamentary ties

    ABU DHABI,  UAE - Speaker of the UAE Federal National Council Saqr Ghobash received the visiting Speaker of the Senate...

    UAE and Canada discussed the development and activation of parliamentary diplomacy between the two countries.

    The meeting touched on the latest developments in the region and efforts aimed at confronting terrorism and extremism.

  • How does aid get into rebel-held northwest Syria?

    More than four million people live in areas outside government control in Syria's north and northwest, 90 per cent of...

    The UN largely delivers relief to Syria's northwest via neighbouring Turkey through the Bab al-Hawa crossing

    On February 13, the United Nations said Damascus had allowed it to use Bab al-Salama and Al-Rai crossings for three months

  • Jordan, Algeria discuss closer economic cooperation

    AMMAN, JORDAN - A Jordanian ministerial delegation met with a number of Algerian ministers in the North African country on...

    Jordan and Algeria reached an agreement on a roadmap to advance economic, trade, and investment cooperation for the years 2023–2025.

    The road map highlights key cooperation projects with the objective of expanding trade exchanges, inter-investment volume.

  • UN Security Council condemns Israeli settlements, terming them as obstacle to peace

    The council stressed that the continuation of Israeli settlement activity endangers the principle of the two-state solution.

    The council stressed that the continuation of Israeli settlement activity endangers the principle of the two-state solution

    It reaffirmed its firm commitment to the vision of a two-state solution, in accordance with international law and relevant UN resolutions

  • Syria’s Assad visits Oman after quake, in first since war

    Sultan Haitham and Assad "held official talks" at the royal palace in Muscat, Oman's foreign ministry said in a statement....

    The one-day trip to meet with Sultan Haitham bin Tareq came two weeks after a 7.8-magnitude earthquake struck southeastern Turkey and northern Syria

    The February 6 quake sparked Arab outreach to the internationally-isolated Assad government, which was expelled from the Arab League after war broke out in 2011