Search Site

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

Iran puts to death men convicted of spying for Israel

Iran claimed to have foiled a "very complex" Mossad-initiated project to "sabotage" its ballistic missile industry. (AFP)
  • The men had been recruited by Mossad "about a year and a half before the operation"
  • They were sent to African countries for "training courses in the military centres"

Tehran, Iran– Iran executed four men at dawn on Monday after they were convicted of collaborating with the country’s arch-foe Israel on a plan to sabotage an Iranian defense site, according to the judiciary.

The four defendants, identified as Mohammad Faramarzi, Mohsen Mazloum, Wafa Azarbar, Pejman Fatehi, were arrested in July 2022 and accused of plotting to carry out an operation against a Ministry of Defense center in the central province of Isfahan, according to the judiciary’s Mizan Online website.

“The death sentence of four members of a group affiliated with the Zionist spy organization, who were arrested… for plotting a bombing operation in Isfahan, was carried out this morning,” Mizan Online reported.

According to Iran, the men had been recruited by Mossad, Israel’s intelligence service, “about a year and a half before the operation”.

They were sent to African countries for “training courses in the military centers” where Mossad officers were present, the judiciary added.

The men were sentenced to death in September 2023.

In August 2023, Iran claimed to have foiled a “very complex” Mossad-initiated project to “sabotage” its ballistic missile industry. A few months earlier, in February, Teheran accused Israel of being responsible for a drone attack on a military site in Isfahan.

The two countries have been engaged in a shadow war for decades, with Iran regularly accusing Israel and its ally the United States of inciting unrest.