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.

US says ‘concerned’ by Israeli closure of Palestinian NGOs

Palestinian prime minister Mohammad Shtayyeh speaks at the Palestinian Al-Haq Foundation in the West Bank city of Ramallah after Israel raided and closed an entrance to their offices, on August 18, 2022. (AFP)
  • The NGOs have all denied any links to the PFLP, which many western nations have designated a terrorist group
  • US officials have reached out to their Israeli counterparts "at the senior level" to obtain additional information, which Israel has promised to provide
Washington said Thursday it was “concerned” by the Israeli government’s forced closure of several Palestinian NGOs operating in the occupied West Bank.The Israeli military announced earlier in the day that it had conducted overnight raids of seven organizations in Ramallah, the West Bank city where the Palestinian Authority’s headquarters are located.

Six of the Palestinian organizations were labeled last October as terrorist organizations by Israel for their alleged links to the leftist militant group Popular Front for the Liberation of Palestine (PFLP), though Israeli officials have not publicly shared any evidence of the links.

The NGOs have all denied any links to the PFLP, which many western nations have designated a terrorist group.

“We are concerned about the Israeli security forces’ closure of the six offices of the Palestinian NGOs in and around Ramallah today,” said US State Department spokesman Ned Price at a press briefing.

“We have not changed our position or approach to these organizations,” said Price, though he noted that Washington does not fund any of them.

“We have seen nothing in recent months to change (our position)” he added.

US officials have reached out to their Israeli counterparts “at the senior level” to obtain additional information, which Israel has promised to provide, according to Price.

The seventh organization raided by Israel on Thursday, the Union of Health Work Committees, was banned by Israel from working in the West Bank in 2020.