Search Site

Trends banner

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Israeli army strikes Lebanon with artillery fire after rocket attacks

A file photo of Israel's Iron Dome Aerial Defense System (AFP)
    • Israeli forces say one of the rockets was intercepted by the Iron Dome Aerial Defense System

    • The last time rockets were fired from Lebanon into Israel was in May

    JERUSALEM: Israel struck Lebanon with artillery fire Tuesday morning in response to earlier rocket attacks, the Israeli army said.
    “2 rockets were fired from Lebanon toward northern Israel. 1 of the rockets was intercepted by the Iron Dome Aerial Defense System & the second rocket fell in an open area inside Israel,” the Israel Defense Forces said in a tweet.
    In response, it said, IDF artillery had struck Lebanon.
    The last time rockets were fired from Lebanon into Israel was in May, during an 11-day conflict fought between Israel and armed Palestinian groups in the Gaza Strip.

    About a week before the May rocket fire, three rockets had been fired from southern Lebanon near the Palestinian refugee camp of Rashidiyeh toward Israel, a Lebanese military source had told AFP. Israel’s army said those rockets had landed in the sea.

    A source close to Israel’s arch-enemy Hezbollah had disassociated itself from the incident.

    Protests had  been held against Israel’s air campaign on Gaza, with a Lebanese demonstrator killed by Israeli fire during a rally in the border area in May.

    That came after a number of young demonstrators had tried to cross into the northern Israeli border town of Metula, according to Lebanese state media.