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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.
  • Lebanese lawmakers sit-in inside parliament enters second week

    Beirut, Lebanon--Two Lebanese lawmakers on Friday entered the second week of a sit-in inside the crisis-hit country's parliamentary chamber, vowing to...

    The country has been without a head of state since Michel Aoun's mandate expired last year, with a caretaker cabinet overseeing the responsibilities of government

    Its judicial battle adds to a crushing economic crisis that has plunged much of Lebanon's population into poverty

  • Canadian Prime Minister holds talks with Jordanian king

    The two countries reaffirmed their commitment to bolstering international security and stability and to continue to work together to overcome...

    The two countries reaffirmed their commitment to bolstering international security and stability and to continue to work together to overcome regional and global challenges

    Regarding Syria, the two sides stressed the importance of finding a political solution to the crisis in Syria in accordance with United Nations Security Council Resolution 2254

  • Al Aqsa preacher fears takeover of mosque by Israeli government

    Doha, Qatar-- The preacher of the Al Aqsa mosque Sheikh Ekrema Sabri fears takeover of the mosque by the extreme...

    Sabri did not rule out the extreme right-wing Israeli government's attempt to control the Al Aqsa mosque

    He maintained that the Palestinian cities are sitting on the crater of a volcano

  • Turkish parliament speaker claims Erdogan can legally run for office again

    Sentop argued there is no legal or constitutional objection to Erdogan’s candidacy, terming it an issue that does not concern...

    Sentop argued there is no legal or constitutional objection to Erdogan’s candidacy, terming it an issue that does not concern opposition parties

    The opposition parties said that Erdogan’s announcement of his candidacy for the upcoming elections constitutes a violation of the constitution.

  • Europe extends sanctions against Russia for six more months

    They have been routinely extended for six-month periods over the past eight years. The EU has imposed nine rounds of...

    The sanctions, originally imposed when Moscow annexed Crimea from Ukraine in 2014, were significantly ramped up after the start of the all-out invasion in February.

    The measures have included hitting Russia's key oil exports, cutting off its banks from the SWIFT global payment system, and targeting President Vladimir Putin personally.

  • Emergency phase of Covid not over as 170,000 die in two months

    In terms of monitoring how the virus is evolving, surveillance and genetic sequencing has dropped sharply, making it harder to...

    WHO emergency panel's 14th meeting on the crisis comes nearly three years to the day since it first sounded the WHO's highest emergency alarm.

    Last time the committee met in October it concluded that the pandemic still constitutes a public health emergency of international concern-- the WHO's highest level of alert.

  • Anger among Palestinians spreads after Israel raid that killed nine

    The operation, which Israel said targeted Palestinian fighters planning an attack, killed nine people and for Palestinians recalled the bloodshed...

    Analysts have warned of more violence to come, after the deadliest year in the West Bank since the UN started tracking the death toll in the occupied territory in 2005.

    The PA announced late Thursday that it was severing security coordination with Israel for the first time since 2020.

  • EU mission to Armenia will fuel confrontation, says Russia

    The mission has been launched during what Armenia describes as a "humanitarian crisis" ravaging the breakaway region of Nagorno-Karabakh. Since...

    Moscow has sought to maintain its role as a powerbroker between the ex-Soviet republics despite being bogged down in its offensive in Ukraine

    On Monday, the EU launched a civilian mission to help monitor Armenia's border with Azerbaijan, bolstering the bloc's role in a region

  • Egypt, India launch ‘strategic partnership’ to boost trade

    The two leaders agreed to increase Indian investments in Egypt, which currently stand at "over $3.15 billion" according to their...

    India is Egypt's seventh-largest trading partner, according to Cairo's central bank's data, with a joint statement touting record high of $7.26 billion during the last fiscal year

    Modi hosted Sisi on Thursday as "guest of honor" for a Republic Day ceremony, marking the anniversary of the adoption of India's post-independence constitution

  • Beirut blast probe suspended, restarted, now stalled again

    Since its early days, the probe has faced a slew of political and legal challenges, with high-level officials who had...

    The deadly August 4, 2020 blast was one of history's biggest non-nuclear explosions, destroying much of Beirut's port and surrounding areas and injuring thousands

    Authorities said that tons of ammonium nitrate fertilizer haphazardly stocked in a port warehouse since 2014 had caught fire, causing the explosion