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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.
  • Turkey, Syria quake economic losses may exceed $4 billion: Fitch

    More than 17,500 people have died so far in the 7.8-magnitude earthquake that struck Turkey and Syria.

    More than 17,500 people have died so far in the 7.8-magnitude earthquake that struck Turkey and Syria.

    Insured losses will be much lower, possibly around $1 billion, due to low insurance coverage in the area.

  • Row over West Bank outpost exposes Israel cabinet split

    Jerusalem--Cracks have emerged within Israeli Prime Minister Benjamin Netanyahu's hardline government, with a row over the demolition of a settlement...

    Netanyahu vowed in December to expand settlements across the West Bank, as he returned to power at the helm of the most right-wing government in Israeli history.

    Despite being considered illegal by the state, two far-right members of the cabinet, Finance Minister Bezalel Smotrich and Public Security Minister Itamar Ben-Gvir, objected.

  • Bahrain loses state immunity bid in spyware lawsuit in UK filed by dissidents

    According to Saeed Shehabi and Moosa Mohammed, Bahrain infected their computers with FinSpy spying software, allowing agents access their data.

    According to Saeed Shehabi and Moosa Mohammed, Bahrain infected their computers with FinSpy spying software, allowing agents access their data

    The software also allows users to enable microphones and cameras on electronic gadgets to perform live surveillance and monitor their whereabouts

  • Rival Libya administrations agree to remove foreign fighters: UN

    Cairo, Egypt-- Senior Libyan officials from both rival administrations on Wednesday endorsed a coordination mechanism to clear the war-torn country of...

    According to UN estimates there are more than 20,000 foreign fighters, both military and paramilitary, in the country

    The country descended into a decade of violence following the 2011 overthrow of dictator Moamer Kadhafi in a NATO-backed rebellion

  • Morocco criticizes ‘unjust’ EU campaign over Pegasus spyware

    Rabat, Morocco--The Moroccan parliament decried Wednesday an "unjust campaign" against it at the European Parliament ahead of a hearing in Brussels...

    The parliament is set to hear from experts, human rights defenders and journalists on Thursday on claims that Morocco had used the spyware against politicians and journalists

    The Moroccan parliament voted unanimously to review ties with the European Parliament, accusing it of meddling

  • Algeria recalls envoy from France in fresh outbreak of tensions

    Tensions between Algeria and France have spiked again after Algerian President Abdelmadjid Tebboune on Wednesday decided to recall his country's...

    According to a statement released by Algeria, it has protested against the "clandestine and illegal exfiltration of an Algerian citizen" via Tunisia to France

    Ties between the two countries had been frosty since autumn 2021, but warmed when French President Emmanuel Macron visited Algiers last August

  • Syria’s White Helmets rescuers urge international quake help

    First responders from the group that was formed a decade ago to save the lives of civilians during Syria's civil...

    Their volunteers include 3,300 young men and women, including 1,600 dedicated to search and rescue operations.

    AFP correspondents across the war-ravaged country said rescue workers and residents have had to sift through the rubble with their bare hands.

  • Iran unveils an underground air force base. IRNA says

    Last week, Iran claimed Israel launched a drone strike on a military plant in the central city of Isfahan.

    Last week, Iran claimed Israel launched a drone strike on a military plant in the central city of Isfahan

    Western powers accuse Iran of seeking to build nuclear weapons, something that Tehran has always denied

  • US to work with partners to support Syria with aid but not Assad

    Washington, United States--The United States said Tuesday it was working with partners to provide earthquake relief in Syria but would stand...

    The US has refused normalization of relations with Syrian President Bashar al-Assad or any direct reconstruction aid

    Stephen Allen, who is leading the response on the ground for the US Agency for International Development, said that most of the damage was in areas not under Assad's control

  • UN states spar over Syria chemical attack report

    Damascus denies the use of chemical weapons and insists it has handed over its stockpiles under a 2013 agreement, prompted...

    The Organization for the Prohibition of Chemical Weapons (OPCW) blamed Damascus for the strike on the rebel-held town of Douma, which killed 43 people

    The OPCW report said there were "reasonable grounds to believe" that at least one Syrian air force helicopter had dropped two cylinders on the town