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DP World posts record $20bn revenue

The adjusted EBITDA rose by 6.7% to $5.5bn in 2024.

Meraas awards $544m contract

It has been awarded for construction of Design Quarter at d3

Salik 2024 net profit before taxes $348m

The toll operator's revenue increased by 6% to $626 million.

ADNIC okays 45% dividend for 2024

The company achieved its highest ever revenue and net profit.

stc net profit for 2024 $6.58bn

This is an increase of 85.7 percent over the previous year.

Israel blames Hizbollah for blast that wounded UN peacekeepers

After the blast, the army told AFP: "We did not strike in the area." (AFP)
  • Israeli army spokesman said the explosion occurred after a UNIFIL patrol passed over a charge previously placed by Hizbollah in the area
  • Lebanon's state-run National News Agency reported an "enemy (Israeli) drone" raided the Rmeish area of southern Lebanon where the incident is said to have occurred.

Jerusalem, Undefined – Israel’s military said Wednesday it had obtained information that indicated a Hizbollah explosive charge caused the blast that wounded UN peacekeepers in Lebanon last week.

The UN peacekeeping force said three military observers and a translator were wounded in Saturday’s blast in south Lebanon, where Israel and Hizbollah fighters trade frequent cross-border fire.

“According to information available to the (army), the explosion that occurred on March 30… occurred after a UNIFIL patrol passed over a charge that had been previously placed by Hizbollah in the area,” army spokesman Avichay Adraee said on X.

After the blast, the army told AFP: “We did not strike in the area.”

The military observers, from Australia, Chile and Norway, and a Lebanese language assistant were on patrol near the so-called Blue Line — the UN-demarcated border between Israel and Lebanon.

Israel and Lebanon’s Iran-backed Hizbollah have exchanged near-daily fire since Palestinian group Hamas carried out an unprecedented attack on southern Israel on October 7, triggering war in Gaza.

Lebanon’s state-run National News Agency reported an “enemy (Israeli) drone” raided the Rmeish area of southern Lebanon where the incident is said to have occurred.

Cross-border fire since October has killed at least 347 people in Lebanon, mostly Hizbollah fighters, but also at least 68 civilians, according to an AFP tally.

The fighting has displaced tens of thousands of people in southern Lebanon and in northern Israel, where the military says 10 soldiers and eight civilians have been killed.