INSEAD Day 4 - 728x90

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.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Netanyahu sees Gaza hostage release ‘opening’, orders talks

Protesters burn a flare and wave a Palestinian flag outside the Greek Parliament during a demonstration in support of the Palestinian people, amid the Israel-Hamas war in Gaza, in Athens, on June 15, 2025. AFP
  • Speaking on US news channel Fox News, Netanyahu said that US Middle East envoy Steve Witkoff "made an offer to begin a 60-day ceasefire
  • Of the 251 hostages seized during Hamas's October 7, 2023 attack on Israel that sparked the war in Gaza, 52 are still held in Gaza, including 34 the Israeli military says are dead

Jerusalem, UndefinedIsraeli Prime Minister Benjamin Netanyahu said Sunday he ordered negotiators to “advance” talks on releasing hostages held in Gaza, after sensing an opportunity amid Israel’s unprecedented attack on arch-foe Iran.

“I gave instructions the day before yesterday to advance negotiations, because I sense an opening… 
We will complete… both missions: the destruction of Hamas and the release of the hostages,” he said of talks with Palestinian Islamist movement Hamas for the release of hostages held in Gaza.

Speaking on US news channel Fox News, Netanyahu said moments later that US Middle East envoy Steve Witkoff “made an offer to begin a 60-day ceasefire, a ceasefire in which half of those hostages would be released right away”.

“And I said, yes, we’re ready to go. There’s been some development there. I hope we’re able to do that,” he added.

Of the 251 hostages seized during Hamas’s October 7, 2023 attack on Israel that sparked the war in Gaza, 52 are still held in Gaza, including 34 the Israeli military says are dead.

Hamas also holds the remains of an Israeli soldier killed in the 2014 war.

Israel’s military on Sunday identified the hostage whose body it retrieved from Gaza last week as Aviv Atzili.

Israel on Friday launched an aerial assault to destroy the Iran’s defence capabilities and cripple its nuclear programme, hitting nuclear and military facilities, and killing top commanders, atomic scientists and dozens of civilians.

Iran’s retaliatory missile fire killed at least 10 people in Israel overnight, according to authorities, pushing the death toll up to 13 since it began its military response on Friday, with 380 reported injured.

Israeli attacks on Iran killed at least 128 people on Friday and Saturday, including children, Iranian media reported, citing the health ministry, with hundreds more wounded.