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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.
  • UN faults climate change for jump in human trafficking risks

    The UN drugs agency noted that an increase in cases of human trafficking had been observed in Bangladesh and the...

    The continuing war in Ukraine is also another risk factor for increased human trafficking, UNODC said

    The UN report is based on data from 141 countries collected from 2017 to 2020, and the analysis of 800 court cases

  • Morocco votes to review ties with European Parliament

    Morocco's Parliament "decided to reconsider its relations with the European Parliament and submit them for an overall evaluation," said Rachid...

    Members of both houses of Morocco's parliament met in the capital Rabat for a joint session in response to the non-binding European text adopted on Thursday

    In a statement later, they called the European resolution "an unacceptable attack against the sovereignty, dignity and independence of judicial institutions in the kingdom

  • Kuwait’s government resigns, three months after taking power

    Three months after it was sworn in, Kuwait's government tendered its resignation in the wake of disputes with lawmakers, plunging...

    The official news agency said that the prime minister submitted the cabinet's resignation to Crown Prince Sheikh Meshal al-Ahmad al-Jaber Al-Sabah,

    The government was sworn-in in October with fighting corruption among its priorities, after the opposition reaped major gains in parliamentary elections

  • EU puts 37 more Iran officials and entities on asset, visa blacklist

    The EU has already imposed sanctions on more than 60 Iranian officials and entities over the crackdown on protestors, including...

    The bloc targeted the minister of sports and the command of the Revolutionary Guards in 12 regions of Iran in its fourth round of sanctions.

    Hard-line lawmakers, senior state media officials and the head of the body setting the country's strict "morality" rules were also added to the list.

  • WHO seeks $2.5bn for health emergency responses in 2023

    The World Health Organization appealed for US$2.54 billion for its work in 2023 to help millions of people facing health...

    The WHO was currently responding to 54 health crises around the world, 11 of which were ranked as the highest-possible level emergency.

    The United Nations has estimated that a record 339 million people worldwide will need some form of emergency assistance in 2023.

  • Rights group warns West Bank could be new Gaza with Israeli restrictions

    "By making it harder for people to spend time in the West Bank, Israel is taking yet another step toward...

    The regulations, which have faced waves of condemnation from the European Union and United States, have also been clouded by uncertainty.

    Israeli has said the rules, which came into force in October, are aimed at clarifying the procedures surrounding West Bank entry.

  • Beirut blast probe suspended due to political pressure restarts

    The August 4, 2020 explosion at the Beirut port killed more than 200 people and destroyed swathes of the capital....

    "Judge Tarek Bitar has decided to resume his investigation," the official told AFP, adding that he ordered the release of five detained suspects.

    Among those charged by Bitar were Lebanese general security director Abbas Ibrahim and state security chief Tony Saliba.

  • Lebanon population set to decline in 2023

    A survey published by the UN Economic and Social Commission for Western Asia says poverty levels can reach 36 percent...

    The combined population of the 22 Arab countries in 2021 was around 407-420 million.

    Most of this population is concentrated in and around major urban areas.

  • Iran arrests three female journalists, say reports

    Iranian authorities have arrested three female journalists in the past two days, local media said, amid protests triggered by the...

    Authorities say hundreds of people, including members of the security forces, have been killed and thousands arrested.

    A media report said the three women had been transferred to Evin prison, where many of those arrested in connection with the protests are being held.

  • Italy’s Prime Minister Giorgia Meloni begins Algeria visit

    Italian Prime Minister Giorgia Meloni and several ministers arrived in Algeria on Sunday, state media reported, ahead of meetings with...

    Meloni's predecessor Mario Draghi sealed a string of deals with Algeria's President Abdelmadjid Tebboune in July

    Tebboune said the July deal was worth $4 billion, while an Algerian official said the country would also increase gas exports to Italy