Search Site

Trends banner

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.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

Israel says struck Hezbollah missile factory in Lebanon

This picture taken from the southern Lebanese area of Marjayoun, shows smoke rising from the area of al-Dimashqiyeh following an Israeli airstrike on July 31, 2025. (Photo by Rabih DAHER / AFP)
  • Defence Minister Israel Katz said targets included "Hezbollah's --- missile manufacturing site", and military said it had hit "infrastructure that was used for producing weapons
  • Both Katz and the Israeli military accused Hezbollah of attempting to rebuild its military infrastructure and demanded that the Lebanese army move to disarm the militant group

Jerusalem, UndefinedIsrael said it carried out strikes on Thursday on sites used by Hezbollah to manufacture and store missiles in Lebanon, where Israel has launched multiple attacks despite a November ceasefire.

Defence Minister Israel Katz said targets included “Hezbollah’s biggest precision missile manufacturing site”, and the military said it had hit “infrastructure that was used for producing and storing strategic weapons” in south Lebanon and the eastern Bekaa Valley.

“Any attempt by the terrorist organisation to recover, re-establish or threaten will be met with relentless intensity,” he vowed.

Lebanon’s state-run National News Agency also reported strikes in the Bekaa and the south.

Both Katz and the Israeli military accused Hezbollah of attempting to rebuild its military infrastructure and demanded that the Lebanese army move to disarm the militant group.

“Among the targets struck were explosive manufacturing sites, which were used to develop Hezbollah’s weaponry, as well as an underground site for the production and storage of strategic weapons,” the military said.

“The Hezbollah terrorist organisation tried to rehabilitate the sites and capabilities, actions that constitute a violation of the understandings between Israel and Lebanon,” it alleged.

Earlier, Lebanese President Joseph Aoun had said that his country was determined to disarm Hezbollah, a step it has come under heavy US pressure to take, despite the group’s protests that doing so would serve Israeli goals.

Hezbollah and Israel fought a two-month war last year that left the militant group badly weakened, though it retains part of its arsenal.