Search Site

Trends banner

Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

Ground operation likely in Gaza Strip, says Israeli envoy to Russia

The pilots also admitted that they shot at the cars without knowing which were Hamas and which were civilians, Haaretz said. (TASS)
  • Israel announced a total blockade of the Gaza Strip.
  • Israeli forces have been bombarding the area.

MOSCOW, RUSSIA – The probability that the Israel Defense Forces (IDF) will launch a ground operation against Palestinian group Hamas in the Gaza Strip is over 50 percent, Israeli Ambassador to Russia Alexander Ben Zvi said.

“A state of war has been declared. During the period of a state of war, different types of operations are possible: air, sea, ground operations,” he said during a Rossiya-24 TV broadcast.

“Here is one of them, a ground operation; it is not being ruled out, <…> I am sure that [the probability of a ground operation] in the end is more than 50 percent,” he added.

Tensions flared up again in the Middle East on October 7 when the Palestinian group Hamas staged a surprise incursion into Israeli territory from the Gaza Strip, TASS reported.  

Hamas described its attack as a response to the aggressive actions of Israeli authorities against the Al-Aqsa Mosque on the Temple Mount in Jerusalem’s Old City.

In response, Israel announced a total blockade of the Gaza Strip and began delivering air strikes on the enclave and certain parts of Lebanon and Syria.

Clashes are underway in the West Bank of the Jordan River as well.