INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

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.

Five IDF soldiers killed, 14 injured in roadside bombing in Northern Gaza

A Palestinian man searches for things to rescue at a garbage waste dump in the Al-Bureij camp in the central Gaza Strip on July 7, 2025. AFP
  • The incident occurred around 10 p.m. as infantry soldiers on foot patrol were hit by an explosive device planted along a road
  • The attack took place during an operation led by the Gaza Division’s Northern Brigade and the 646th Reserve Paratroopers Brigade

Jerusalem, Undefined: Five Israeli soldiers were killed and 14 others injured late Monday night when a roadside bomb exploded during an ongoing ground operation in Beit Hanoun, northern Gaza, the Israel Defense Forces (IDF) announced.

The incident occurred around 10 p.m. as infantry soldiers on foot patrol were hit by an explosive device planted along a road. The attack took place during an operation led by the Gaza Division’s Northern Brigade and the 646th Reserve Paratroopers Brigade, aimed at clearing out remaining militant strongholds in the area.

Two of the slain soldiers have been identified as Staff Sgt. Meir Shimon Amar and Sgt. Moshe Nissim Frech, both 20 years old and from Jerusalem. They served in the Kfir Brigade’s Netzah Yehuda Battalion. The names of the other three soldiers killed are expected to be released soon.

According to a preliminary military investigation, forces attempting to evacuate the wounded came under additional fire. Among the 14 injured soldiers, two are reported to be in serious condition.

The IDF said that prior to the troops’ movement, the area had been targeted in aerial strikes as part of standard operational protocol.

The Netzah Yehuda soldiers were taking part in joint operations to dismantle terror infrastructure in Beit Hanoun, where fighting has continued for several weeks.