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.

Israel strikes suspected Hamas military sites in Gaza, injuring 2

Palestinians are blocked by Israeli security forces as they try to stop the demolition of their home in the West Bank. AFP File.
  • The incident coincides with the final day of military drills by armed factions in Gaza.
  • Since a fragile ceasefire came into force in late May, only five rockets or mortar rounds have been fired from Gaza towards Israeli territory.

Israel shelled suspected Hamas military sites in Gaza Wednesday after gunfire from the Palestinian enclave wounded an Israeli civilian, security sources in Gaza said.
Two Palestinian farmers were wounded by the Israeli artillery fire which targeted four suspected sites used by Hamas military wing the al-Qassam Brigades, the sources told AFP.
The incident coincides with the final day of military drills by armed factions in Gaza.
According to a statement from the Israeli military, tanks targeted several Hamas military posts in northern Gaza, after an Israeli civilian was wounded by gunfire near the barrier separating the enclave from Israel.
Conflict erupted between Israel and Hamas for 11 days in May, marking the fourth time major hostilities had broken out since the Islamist group seized power in Gaza in 2007.
Since a fragile ceasefire came into force in late May, only five rockets or mortar rounds have been fired from Gaza towards Israeli territory, the military said in its annual report.