Search Site

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

Syria intercept Israeli missiles, no casualties: state media

File photo of Israel's Iron Dome air defense system firing a rocket. (AFP)
  • Syrian air defense intercepted Israeli missiles south of Damascus on Monday, a military source told Syria's official news agency SANA
  • Israeli airstrike targeted Damascus countryside where the Hezbollah group and Syrian air defense units are active

Syrian air defense intercepted Israeli missiles south of Damascus on Monday, with no casualties reported, a military source told Syria’s official news agency SANA.

“The Israeli enemy carried out an airstrike from the occupied Syrian Golan, targeting points south of Damascus,” with Syria’s air defense intercepting most of the missiles, SANA quoted the military source as saying.

“The losses were limited to material damage.”

An AFP correspondent in the capital Damascus heard loud noises in the evening.

The airstrike targeted sites in the southern Damascus countryside where the Lebanese Hezbollah group and Syrian air defense units are active, said the Syrian Observatory for Human Rights war monitor.

Last month, Israeli surface-to-surface missiles killed at least three Syrian officers near Damascus, according to the Observatory which has a wide network of sources inside Syria.

The Israeli strikes had targeted Iranian positions and weapon depots near Damascus, the monitor said at the time.

Since civil war broke out in Syria in 2011, Israel has carried out hundreds of air strikes against its neighbor, targeting government troops as well as allied Iran-backed forces and fighters of Lebanon’s Shiite militant group Hezbollah.

While Israel rarely comments on individual strikes, it has acknowledged carrying out hundreds of them.

The Israeli military has defended them as necessary to prevent its arch-foe Iran from gaining a foothold on its doorstep.

The conflict in Syria has killed nearly half a million people and forced around half of the country’s pre-war population from their homes.