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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 indicts woman for throwing headscarf to ground during protest

    Tehran, Iran--Iran's judiciary is prosecuting a woman for "disrespecting" the Islamic headscarf after she threw hers to the ground during a...

    Since the Amini protests erupted last year, more and more women have been venturing out without covering their hair

    The requirement for women to wear the headscarf in public has triggered protests since the death in custody of 22-year-old Mahsa Amini in September

  • International defense conference begins at ADNOC Business Center

    Abu Dhabi, UAE-- The International Defence Conference (IDC 2023), which will be held one day ahead of the IDEX and NAVDEX...

    The conference is expected to see the participation of a large number of leaders and officials from regional and international defence and security companies

    The IDC 2023 is organised by ADNEC Group in cooperation with the Ministry of Defence and in strategic partnership with Tawazun Council (Tawazun)

  • Kuwait FM meets EU’s Josep Borrell in Munich to discuss ties

    Munich, Germany--Kuwait Foreign Minister Sheikh Salem Abdullah Al-Jaber Al-Sabah met High Representative of the European Union for Foreign Affairs and...

    Sheikh Salem explained the stance of Kuwait on the issue of Schengen visa waiver for Kuwaiti nationals.

    The talks between the two also dealt with several regional security challenges, including the war in Ukraine, the situation in the Middle East and Iran’s nuclear file

  • Tunisia’s Saied kicks out Europe’s trade unionist for ‘interference’

    Earlier in Saturday, Esther Lynch, Europe's top trade union official took part in a demonstration organized by the UGTT trade...

    The Saturday's protest were partly organized to demand the release of senior UGTT official Anis Kaabi, who was arrested on January 31 following a strike by toll booth staff

    Esther Lynch, Europe's top trade union official had given a speech to thousands of people at a demonstration organized by the UGTT in Tunisia

  • Blinken urges calm in telephone calls with Israel, Palestinian leaders

    Washington, United States--Secretary of State Antony Blinken spoke Saturday with Israeli Prime Minister Benjamin Netanyahu and separately with Palestinian president Mahmud...

    He spoke by telephone with both men to reaffirm US commitment to "a negotiated two-state solution and opposition to policies that endanger its viability,"

    Last year was the deadliest year in the West Bank since the United Nations started tracking casualties there in 2005

  • Israeli missile strike on Damascus kills 15 people: monitor

    In yet another missile strike by Israel on Damascus, 15 people were killed and a residential building was destroyed in...

    The missile strike hit in Kafr Sousa, a high-security area of the Syrian capital, which is home to senior security officials, security branches and intelligence headquarters

    Footage posted by state media showed that a 10-storey building was badly damaged during the strike, crushing the structure of its lower floors

  • ‘Building strong professional army is the UAE’s goal’

    Armed with science and knowledge, the heroes of this army, make the ultimate sacrifice for their homeland and are always...

    Since the foundation of the Union, the UAE’s leadership has been working tirelessly to ensure security, stability, development and peace, says an official

    The UAE has invested heavily in hosting military exhibitions and conferences, most prominent of which are the IDEX and NAVDEX, he adds

  • UN urges African leaders to act for peace summit

    UN chief Antonio Guterres called for Africa to take "action for peace" to combat rising violence as the continent's leaders...

    Africa is reeling from a record drought in the Horn and deadly violence in the Sahel region and the eastern Democratic Republic of Congo (DRC)

    "The mechanisms for peace are faltering," the UN secretary-general warned. Nevertheless, he urged the bloc to "continue to battle for peace"

  • Iranian TV says forced to quit London after regime threats

    LONDON, UK - The independent network Iran International TV said Saturday it had been forced on UK police advice to shut...

    The decision was taken following the arrest last weekend of an Austrian-Iranian man in the vicinity of the studios.

    Police said that despite the man's arrest, "we still have serious concerns for the safety of people working at this company".

  • Israel slams ejection of envoy from African Union summit

    Israel condemned the "severe" expulsion of a senior diplomat from the African Union summit, accusing Iran of orchestrating the move...

    A spokesman for the Israeli foreign ministry described the incident as "severe," noting Bar-li was "an accredited observer with an entry tag".

    African states should "oppose these actions, which harm the African Union movement and the entire continent," the spokesman added.