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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.
  • Key Iran opposition figure calls for fundamental change

    TEHRAN, IRAN - One of Iran's main opposition figures, Mir Hossein Mousavi, has called for the "fundamental transformation" of a political...

    Mousavi proposed holding a free and healthy referendum on the need to change or draft a new constitution.

    An unsuccessful presidential candidate in 2009, Mousavi made allegations of large-scale fraud in favor of populist incumbent Mahmoud Ahmadinejad.

  • Iran detains journalist as protests against Mahsa Amini’s death continue

    Tehran, Iran - Iranian authorities have detained a journalist at a reformist publication, local media reported Sunday, as her sister,...

    Elnaz Mohammadi, a reporter for reformist newspaper Hammihan, was detained at the Evin prosecutor's office in Tehran.

    Iran has been gripped by nationwide protests since the September 16 death in custody of Amini, a 22-year-old ethnic Kurd.

  • Israel intercepts ‘small aircraft’ over Gaza: army

    The army stressed it was not rocket or other fire that posed a threat to Israelis. "It was not a...

    The army stressed it was not rocket or other fire that posed a threat to Israelis

    The Gaza Strip, home to 2.3 million Palestinians, has been under Israeli blockade since Hamas ousted forces loyal to Abbas in 2007

  • Iran castigates IAEA chief after centrifuge report

    The Iranian criticism of Grossi comes after the International Atomic Energy Agency director-general said he plans to visit Tehran in...

    IAEA said in a report that Iran had modified an interconnection between two centrifuge clusters enriching uranium to up to 60 percent at FFEP

    Iran said an inspector had "inadvertently" reported the changes, and that Grossi had issued the report despite the matter being resolved

  • US shoots down Chinese spy balloon, drawing Beijing’s ire

    The Chinese craft spent several days flying over North America before it was targeted off the coast of the southeastern...

    US Secretary of Defense Lloyd Austin called the operation a "deliberate and lawful action" that came in response to China's "unacceptable violation of our sovereignty"

    China's Ministry of Foreign Affairs blasted the US action in a statement Sunday morning, saying the downing of the civilian aircraft was "serious violation of international peace"

  • Former Egypt Prime Minister Sherif Ismail dies at 67

    Ismail was sworn in as prime minister in 2015 before resigning in 2018 as Sisi began his second presidential term,...

    Ismail was sworn in as prime minister in 2015 before resigning in 2018 as Sisi began his second presidential term

    He oversaw a period of tough economic reforms that in late 2016 saw a steep currency devaluation

  • Israelis rally for fifth week against govt reform plan

    Carrying signs reading "Save Israel's democracy from Netanyahu", thousands of Israelis demonstrated in Tel Aviv on Saturday against controversial legal...

    The protests have become a weekly fixture on Saturday evenings since Netanyahu's new government took office in late December

    The judicial reforms would allow Israel's parliament to overrule any Supreme Court decision with a simple majority of 61 lawmakers in the 120-seat body

  • UAE, France, India to join hands in energy, climate change sector

    The United Arab Emirates, France and India have issued a joint statement announcing the establishment of a trilateral cooperation initiative...

    The three countries affirmed that the trilateral initiative will serve to promote the design and execution of cooperation projects in various fields

    The initiative will also serve as a platform to expand cooperation between the three countries’ development agencies on sustainable projects

  • Iraq is a key trade partner of Jordan, says Kingdom’s Commerce Chamber head

    AMMAN, JORDAN - Chairman of the Jordan Chamber of Commerce (JCC), Khalil Haj Tawfiq said Iraq is an "important" trade...

    Jordanian-Iraqi economic relations have witnessed development due to the joint trade agreements and projects signed between the two countries.

    There is a need to increase joint trade exchange and overcome obstacles to entry of the two countries' products and commodities in both the countries markets.

  • UN chief calls for building alliance of peace on International Day of Human Fraternity

    NEW YORK, US - On the occasion of the International Day of Human Fraternity, the UN chief Saturday called for...

    The International Day of Human Fraternity celebrates values that hold our human family together, UN Secretary-General António Guterres said.

    Let us all take inspiration and renew our commitment to stand together as one human family, the UN chief said.