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.

Yemen’s Huthi rebels say fired missile at Israel

A man holds a poster with the portraits of Iran's late supreme leader Ayatollah Ruhollah Khomeini (L) and supreme leader Ayatollah Ali Khamenei as Yemenis chant slogans during a mass rally. AFP
  • In Israel, warning sirens sounded in several areas, before the army announced the "missile was most likely successfully intercepted."
  • It was the first missile launch against Israel announced by the Huthis since the June 24 ceasefire between Israel and Iran which followed their 12-day war

Sanaa, YemenYemen’s Iran-backed Huthi rebels said they fired a ballistic missile towards Israel on Saturday, in response to Israel’s conduct towards Palestinians during the Gaza war.

In Israel, warning sirens sounded in several areas, before the army announced the “missile was most likely successfully intercepted”.

It was the first missile launch against Israel announced by the Huthis since the June 24 ceasefire between Israel and Iran which followed their 12-day war.

In a statement, rebel military spokesman Yahya Saree said the Huthis had fired at a “sensitive Israeli enemy target in the occupied area of Beersheba using a Dhu al-Fiqar ballistic missile”.

The attack was in “response to the crimes of the criminal Zionist enemy against civilians in the Gaza Strip”, Saree added.

The Huthis have launched repeated missile and drone attacks against Israel since their Palestinian ally Hamas’s October 2023 attack on Israel sparked the Gaza war.

The Iran-backed rebels, who say they are acting in solidarity with Palestinians, paused their attacks during a two-month ceasefire that ended in March, but renewed them after Israel resumed its offensive.

Israel has carried out several retaliatory strikes in Yemen, targeting Huthi-held ports and the airport in the rebel-held capital Sanaa.

Saree said the rebel administration would “continue its supportive operations until the aggression against Gaza stops and the siege is lifted”.