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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.
  • UAE played key role in stabilizing Egypt: El Sisi

    In 2013, Sheikh Mohamed bin Zayed ordered the transfer of ships carrying vital petroleum commodities via Mediterranean to Egypt to...

    In 2013, Sheikh Mohamed bin Zayed ordered the transfer of ships carrying vital petroleum commodities via Mediterranean to Egypt to help it overcome the crisis, says El Sisi

    The Egyptian President, while speaking at the WGS 2023, urges Arab states to stand against any interference that aims to disrupt the strong relations in the region

  • Israelis protest against controversial judiciary reform plan

    The measures, which were inching towards approval through a series of preliminary votes inside the chamber, have provoked widespread criticism...

    Outside Israel's parliament, the Knesset, thousands rallied, waving Israeli flags and placards that read "Save Israel democracy".

    Netanyahu and his allies say the reforms are necessary to correct a power imbalance between elected representatives and the nation's top court.

  • Rayyana Barnawi first ever Saudi woman to join space mission

    Rayyana Barnawi will join fellow Saudi male astronaut Ali Al-Qarni on a mission to the International Space Station (ISS) "during...

    The astronauts "will join the crew of the AX-2 space mission" and the space flight will "launch from the USA".

    In 1985, Saudi royal Prince Sultan bin Salman bin Abdulaziz, an airforce pilot, took part in a US-organized space mission, becoming the first Arab Muslim to travel into space.

  • Western, regional powers urge Lebanon to elect president

    They have warned they will reconsider "all ties" with Lebanon if parliament fails to elect a president amid a worsening...

    Lebanon has been without a president since Michel Aoun's mandate expired in Oct. A caretaker cabinet with limited capabilities has been overseeing the government's

    The international community has long urged Lebanese leaders to end months of political wrangling and stem the financial meltdown.

  • China accuses US of sending 10 balloons into its airspace

    Washington strenuously denied Beijing's charges as "false" and insisted it was China alone that has surreptitiously flown spy balloons, as...

    Subsequent downings of other unidentified objects over North America in recent days have sparked widespread jitters and speculation as to their origins.

    Only the first object has been officially attributed to China, with Beijing insisting it was a civilian craft that had blown off course.

  • Israel says it will legalise nine West Bank settlements

    Netanyahu said earlier Sunday during a meeting of his government he wanted to "strengthen settlements", which are illegal under international...

    More than 475,000 Israelis reside in settlements in the West Bank, where 2.8 million Palestinians live

    Netanyahu also announced that his government wanted to submit legislation to the Knesset

  • US shoots down new mystery object as tensions escalate with China

    On Sunday the Pentagon said that it does not yet know what the other three objects -- one shot down...

    The objects shot down since Friday were detected after US air defense adjusted radar settings to scan for smaller and slower-moving objects, said Assistant Secretary of Defense

    Canadian officials described the shot down over Canada's far northwest on Saturday as small and cylindrical, roughly the size of a Volkswagen car

  • Lebanon’s Hezbollah sends aid to Syria’s quake-hit Latakia

    Lebanon has adopted a policy of dissociation from Syria's years-long war but on Wednesday, it sent its first high-level official...

    The Iran-backed Hezbollah is a key ally of Assad's regime and has openly been fighting alongside his forces since April 2013

    Adnan Moqadem, general director of civil defense in Hezbollah's health authority, said first aid convoy "will be followed by others".

  • Syria’s Assad thanks UAE for aid, emergency response to quake

    Damascus, Syria--Syria's President Bashar al-Assad on Sunday thanked the United Arab Emirates for its emergency response and tens of millions pledged...

    The UAE foreign minister arrived in Syria on Sunday, six days after a devastating earthquake struck Turkey and Syria, killing more than 33,000 people in total

    It pledged some $13.6 million to Syria after the disaster before announcing another $50 million in assistance

  • Israel launches air strikes on ‘underground Hamas complex’

    The Palestinian Red Crescent said one person was killed in a pre-dawn Israeli army raid in Nablus in the northern...

    The strikes were launched were in response to the Saturday rocket launch from Gaza into Israel, the army added in a statement

    Since the start of the year, the conflict has claimed the lives of 47 Palestinian adults and children, including militants and civilians