INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Israel says it downed Hezbollah drone in its airspace

Unmanned surveillance aircraft have become an integral part of Israel's 15-year-old blockade of Gaza. (A file pic of drone)
  • The Israeli army said it had downed a drone, belonging to the Hezbollah, that ‘crossed from Lebanon into Israeli airspace’
  • The Israeli army ‘will continue to operate in order to prevent any attempt to violate Israeli sovereignty,’ it added

Israel’s army said on Thursday it had shot down a drone sent by Lebanon’s Shiite movement Hezbollah that entered Israeli airspace.

Neighbors Lebanon and Israel are technically in a state of war and drones have become a regular feature of their heavily guarded border.

In January, Israeli security sources claimed that drones captured after being flown across the frontier from Lebanon have provided insight into the growing aerial surveillance capabilities of Hezbollah, an organization backed by Israel’s nemesis Iran.

The Israeli army, in a statement on Thursday, said “troops downed a drone belonging to the Hezbollah terrorist organization that crossed from Lebanon into Israeli airspace.”

The Israeli army “will continue to operate in order to prevent any attempt to violate Israeli sovereignty,” it added.

In July 2006, Hezbollah captured two Israeli soldiers, sparking a 33-day war with Israel that killed 1,200 people in Lebanon, mostly civilians, and 160 Israelis, mostly soldiers.

It ended with a UN-backed ceasefire that saw the Lebanese army deploy along border areas.