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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.
  • 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

  • Egyptian President in UAE, to attend World Government Summit in Dubai

    The two leaders exchanged discussed "brotherly bilateral ties" and aspects of joint cooperation and ways of furthering them

    The two leaders exchanged discussed "brotherly bilateral ties" and aspects of joint cooperation and ways of furthering them

    President El-Sisi will outline Egypt's economic and development policies and priorities at World Government Summit

  • Mahmud Abbas urges world leaders to end ‘Israeli aggression’

    Cairo, Egypt - Palestinian president Mahmud Abbas on Sunday accused Israel of having "crossed all red lines" in the occupied West...

    "Israeli intransigence and practices have crossed all red lines", he said at an Arab League meeting in Cairo.

    The Israeli-Palestinian conflict has seen at least 43 Palestinians -- including attackers, militants and civilians -- killed this year.

  • UN decries aid failure for Syria, warns quake toll could double

    A UN convoy with supplies for northwest Syria arrived via Turkey, but the agency's relief chief Martin Griffiths said much...

    Syria's President Bashar al-Assad on Sunday thanked the United Arab Emirates for its emergency response and tens of millions pledged in aid to the quake-hit country.

    Miraculous tales of survival still emerged, though experts caution that hopes for finding people alive in the devastation dim with each passing day.

  • Sexting chatbot ban brings AI rules in focus

    Given that these bots still make factual blunders, often show bias and could even spout libelous statements, some are clamoring...

    Regulators in Italy last week barred the firm from gathering data after finding breaches of Europe's massive data protection law, the GDPR.

    OpenAI's latest model, GPT-4, is scheduled for release soon and is rumored to be so good that it will be impossible to distinguish from a human.

  • Iran’s President Ebrahim Raisi to visit China: state media

    On his upcoming trip, Raisi is expected to hold private talks with Xi, and delegations from both countries are due...

    Iranian president will set out for Beijing on Monday evening in response to an official invitation by Chinese President Xi Jinping

    Ebrahim Raisi will also take part in meetings with Chinese businessmen and Iranians living in the country

  • In Turkey families race against time to identify quake victims

    Monday's 7.8-magnitude tremor struck Kahramanmaras in the country's southeast, unleashing catastrophe in the region and Syria, killing at least 28,000...

    Families -- who cannot reach their loved ones during the rescue work -- check one by one bodies either in bags or wrapped in blankets.

    Turkish Health Minister said on Friday he hoped the missing bodies would be identified and said the government was doing everything it could

  • UN relief chief fears Turkey-Syria quake deaths to top 50,000

    UN relief chief Martin Griffiths said the death toll from the massive earthquake will "double or more" from its current...

    Officials and medics said 24,617 people were killed in Turkey and 3,574 in Syria. The confirmed total now stands at 28,191

    Turkey's disaster agency said more than 32,000 people from Turkish organizations are working on search-and-rescue efforts

  • Thousands protest in Israel against PM Netanyahu’s reforms

    Opposing the controversial legal reforms being pushed by Prime Minister Benjamin Netanyahu's right-wing governemnt, thousands of Israeli protested in central...

    Netanyahu returned to power following elections in November, at the head of a coalition with extreme-right and ultra-Orthodox Jewish parties

    A Palestinian was shot dead on Saturday during a clash with Jewish settlers in the occupied West Bank, south of Nablus