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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.
  • Tunisian trade union protest against plunging economy

    SFAX, TUNISIA - Thousands of Tunisian trade unionists held protests across the country on Saturday over worsening economic woes and the...

    The North African country is in drawn-out talks with the International Monetary Fund for a bailout loan

    Demonstrators in Sfax, where the largest protest took place on Saturday, chanted "Tunisia is not for sale!"

  • UAE, India mark first anniversary of signing CEPA with series of events

    DUBAI, UAE -  Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi has marked the first anniversary...

    The Federation of Indian Chambers of Commerce and Industry is on a four-day visit to the UAE to mark the signing of CEPA.

    The FICCI delegation comprises over 100 exporters, start-ups and business owners.

  • ‘Suspected IS attack in Syria death toll rises to 68’

    The death toll from an attack blamed on the Islamic State group in Syria has risen to 68, a war...

    The attack takes the total number murdered in suspected IS attacks in the Syrian desert to 90 since February 10.

    The monitor said that IS was taking advantage of the annual harvest of the desert fungus delicacy.

  • Naval vessels begin to arrive in Abu Dhabi for NAVDEX 2023

    Abu Dhabi, UAE--The first batch of naval vessels arrived at the Abu Dhabi National Exhibition Centre Waterfront (ADNEC Marina) today,...

    The first batch comprised of seven naval vessels of different sizes and uses, coming from a range of countries

    NAVDEX 2023 will be held in conjunction with IDEX 2023 from 20th-24th February

  • More than 50 killed in Syria attack blamed on Islamic State

    In one of the deadliest attacks carried out by the IS this year, some 53 people were killed on Friday...

    Syrian Observatory for Human Rights also reported the attack, which it said was carried out by jihadists on motorcycles who opened fire on the truffle hunters

    The UN has said that despite setbacks, the jihadist group has "maintained its ability to launch attacks at a steady pace"

  • Blast wounds four US troops in Syria, IS leader killed, says military

    WASHINGTON, US - An explosion wounded four American military personnel during a raid that killed a senior Islamic State (IS) group...

    US leads an international coalition battling IS and conducts periodic raids and strikes targeting the group.

    The US troops and the dog are being treated at an American medical facility in Iraq.

  • Tunisian footballer reaches Italy on migrant boat, says club

    TUNIS, TUNISIA -  A goalkeeper at a top-flight Tunisian football club has reached Italy as a clandestine migrant, his club said...

    Tunisia is struggling with a grinding economic crisis that has seen a growing wave of clandestine migration attempts in recent months.

    Rome says over 32,000 migrants, including 18,000 Tunisians, reached Italy from Tunisia last year.

  • Building safety in focus as deadly quake renews alarm for Istanbul

    Seismologists warn that a massive earthquake is likely to strike Turkey's biggest city -- officially home to 16 million people...

    Independent urban scholar Murat Guney said carnage can be avoided if the government has the political will to relocate people from shoddy buildings filling the city's shanty towns.

    Guney said Istanbul had around 1,166,000 residential buildings but 70 percent of these constructed before 1999 quake when no quake inspections were conducted.

  • Syria’s Assad thanks ‘Arab brothers’ for quake aid

    The 7.8-magnitude quake hit Turkey and Syria on February 6, leaving a combined death toll of nearly 40,000 people. Since...

    Some 120 planes laden with assistance have landed in the Syrian airports, about half of them from the United Arab Emirates

    At least 3,600 Syrians died in the quake, which came nearly 12 years into the country's civil war - that has devastated swathes of the country

  • BBC tax raids put India press freedom in spotlight

    Just weeks after the BBC aired a documentary examining Indian Prime Minister Narendra Modi's role in deadly 2002 sectarian riots,...

    India has fallen 10 spots to 150th on the World Press Freedom Index, compiled by Reporters Without Borders, since Modi took office in 2014.

    Criminal complaints were issued against a record 67 journalists in 2020, the latest year for which figures are available, the local civil society group reported.