INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Israel army seizes Gaza parliament, other government buildings

Israeli forces have kept on continuing their offensive in the Palestinian territory. (AFP)
  • The army said the institutions have been "used for training in preparation for the attack on Israel" on October 7.
  • Israel has heavily bombed and invaded the densely populated Gaza Strip, killing more than 11,200 and displacing hundreds of thousands of people.

Jerusalem, Undefined – The Israeli army said Tuesday it had captured Gaza’s parliament and other government institutions run by Hamas in Gaza City, as its forces deepened their offensive in the Palestinian territory.

Military units “took over the Hamas parliament, the government building, the Hamas police headquarters and an engineering faculty that served as an institute for the production and development of weapons,” the army said in a statement.

The statement said “government institutions of the terrorist organization Hamas” had been used for “military purposes” including “for training in preparation for the attack on Israel” on October 7.

Also read Exclusive reports on Gaza-related developments

The attack killed some 1,200 people in southern Israel, mostly civilians, and saw about 240 hostages taken, according to Israeli officials, the worst attack the nation has suffered since its founding in 1948.

In response Israel has heavily bombed and invaded the densely populated Gaza Strip where the Hamas government says more than 11,200, also mostly civilians, have been killed.