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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.
  • France to host international meet on crisis-hit Lebanon

    The Paris gathering is to be attended by representatives from France, the United States, Saudi Arabia, Qatar and Egypt. Lebanon...

    The political impasse has hampered efforts to lift the Mediterranean country out of its worst-ever financial crisis.

    The currency has lost more than 95 percent of its market value to the dollar since 2019, and more than 80 percent of the population lives in poverty.

  • Israel PM in France, hopes to gain support on Iran

    Israeli Prime Minister Benjamin Netanyahu will hold talks with French President Emmanuel Macron hoping to gain support against Iran's nuclear...

    Netanyahu hopes that Iran's role supplying drones to Russian troops in Ukraine will prompt Western allies to drop ideas of a revival of the 2015 nuclear deal.

    Iran holds several foreign nationals who Western governments see as political hostages.

  • Israel hits Gaza Strip, hours after intercepting rocket fire

    Gaza City, Palestinian Territories--Israel conducted air strikes on the central Gaza Strip early Thursday, according to AFP journalists and witnesses, hours...

    According to local security sources and witnesses, the first strikes hit a training centre of the Ezzedine al-Qassam Brigades

    Gaza, densely populated with 2.3 million people, has been under an Israeli blockade since Hamas took power in 2007

  • Right educational system crucial to help students become an active partners in shaping UAE’s future

    “Increasing student competence in Arabic is a top priority; it's a crucial component of the UAE's national identity,” adds Sheikh...

    The educational system must help students earn their university degrees in areas that are suited for their inclinations, skills, and abilities, says Sheikh Abdullah bin Zayed

    Increasing student competence in Arabic is a top priority; it's a crucial component of the UAE's national identity, he adds

  • Spanish PM in Morocco on visit to cement ties

    Spain's North African enclaves of Melilla and Ceuta - which both border Morocco - have long been magnets for people...

    Sanchez and a dozen ministers are set to meet with top members of the Moroccan government on Thursday

    They are expected to sign some 24 deals including on encouraging Spanish investment in the kingdom

  • SK Hynix posts record loss

    The company is world's second-largest memory chip maker

    The South Korean chipmaker SK Hynix reported an operating loss of $1.4 billion in the October to December period

    Hynix's results come a day after Samsung Electronics said fourth-quarter operating profits plunged nearly 70 percent

  • Lebanese villagers fight to stem illegal logging

    Lebanon, whose flag bears a cedar tree, is known for its greenery, with forests covering 13 percent of its territory.

    He said around 30,000 trees had been planted in the past two decades but that since September, logging had become a regular occurrence.

    Lebanon has the largest juniper woods in the Middle East, according to the environment ministry, and is also home to pine, oak, cedar and fir forests.

  • Israel considers sending military aid to Ukraine

    Israeli PM's remarks come after a visit by US Secretary of State Antony Blinken, who called for calm following a...

    Israeli PM has confirmed that the US has shifted a little-known stockpile of artillery it stations in Israel to Ukraine and he cast the Jewish state's own operations against Iran

    Netanyahu said he was asked to mediate in an unofficial role after Russia invaded Ukraine in February but did not pursue it as he was then in opposition

  • Channel opened for UAE residents who stayed outside for 6 months

    Abu Dhabi, UAE-- The Federal Authority for Identity, Citizenship, Customs and Ports Security (ICP) announced that it has added to...

    This service does not apply to residents who hold golden residence permits.

    The eligible people need to submit a copy of their Emirates ID and a copy of the passport.

  • King Abdullah of Jordan and US President Joe Biden to hold talks

    Washington, US-- Jordan’s King Abdullah and US President Joe Biden will hold talks at the White House on Thursday, as...

    Talks between the two leaders will cover means to bolster the strategic partnership between Jordan and the United States through expanding cooperation across various sectors

    The king is in Washington and met with US House of Representatives Speaker Kevin McCarthy at the Capitol earlier on Tuesday