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.

Hizbollah fires new barrage of rockets at Israeli air base

An Israeli drone flies over the area of Marjeyoun near Lebanon's southern border with Israel. (AFP)
  • The Lebanese armed group said it targeted the "Meron air control base... with a large salvo of rockets from several launchers"
  • Hizbollah's rocket assault was sparked off after Israel struck Hizbollah targets near the city of Baalbek, killing two of its fighters

Beirut, Lebanon–Lebanon’s Hizbollah said it launched a salvo of rockets at an Israeli air control base on Tuesday in retaliation for deadly Israeli strikes on east Lebanon.

Hamas ally Hezbollah has exchanged near-daily fire with the Israeli army since the Gaza war erupted in October, but strikes have been largely restricted to the border area.

Hizbollah said it targeted the “Meron air control base… with a large salvo of rockets from several launchers”.

It said the rocket fire was in response to Israel’s first strikes of the war on eastern Lebanon.

Israel struck Hizbollah targets near the city of Baalbek, killing two of its fighters, security sources said. The Israeli army said it targeted Hzbollah air defences after the group downed one of its drones.

In retaliation, Hizbollah already fired 60 rockets at an Israeli base in the annexed Golan Heights on Monday.

Cross-border exchanges since October have killed at least 284 people on the Lebanese side, most of them Hizbollah fighters but also including 44 civilians, according to an AFP tally.

On the Israeli side, 10 soldiers and six civilians have been killed, according to the Israeli army.