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IHC H1 net profit $2.94 billion

The company posted 31% increase in revenue.

ADNOC Gas signs LNG deal

Will supply 0.5mmtpa of LNG to India's HPCL.

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.

‘Projectile’ fired at Israel from Yemen: Israeli military

Houthi leader Abdul-Malik al-Houthi addresses the crowd with a teleconference as thousands gather to commemorate Imam Hussein, the grandson of Prophet Muhammad, and his 72 companions who were martyred in the Battle of Karbala, in Sanaa, Yemen on July 06, 2025. AFP
By TRENDS Desk AFP
August 5, 2025 9:36 am
  • "Following the sirens that sounded a short while ago in several areas in Israel, a missile launched from Yemen was intercepted by the IAF," the military posted on social media
  • The Houthis, who control the Yemeni capital Sanaa and large swaths of the country, are part of an alliance against Israel established by Iran, includes groups such as Hamas

Jerusalem, Undefined – A “projectile” fired towards Israel from Yemen was intercepted, but not before air-raid warnings sounded across the country, the Israeli military said Tuesday.

“Following the sirens that sounded a short while ago in several areas in Israel, a missile that was launched from Yemen was intercepted by the IAF,” the military posted on social media platform X.

The Houthis, who control the Yemeni capital Sanaa and large swaths of the country, are part of an alliance against Israel established by Iran, which includes other groups such as Hezbollah in Lebanon and Hamas in Gaza.

Since the start of the war in the Gaza Strip on October 7, 2023, the Houthis have regularly fired missiles at Israel, most of which are intercepted.

They have also attacked ships believed to be linked to Israel, claiming to act in solidarity with the Palestinians.

In response, Israel has repeatedly bombed infrastructure under their control, including ports in the west of the country and the Sanaa airport.

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