Search Site

Trends banner

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

Yemeni Houthis claim missile strike on Israel

Houthis, who control war-torn Yemen's most populated areas, have previously reported the death of 17 of their fighters in the Western strikes targeting military facilities. (AFP)
  • Houthi forces "carried out a military operation against specific targets of the Israeli enemy in the Umm al-Rashrash area with a number of ballistic missiles", Yahya Saree said
  • The Israeli military had said earlier it had "successfully intercepted a surface-to-surface missile that approached Israeli territory in the area of the Red Sea"

Sanaa, Yemen– Yemeni Houthi rebels claimed on Friday they had launched a barrage of missiles toward Israel, after the Israeli army said it had intercepted a missile over the Red Sea.

Houthi forces “carried out a military operation against specific targets of the Israeli enemy in the Umm al-Rashrash area, south of occupied Palestine, with a number of ballistic missiles,” the group’s military spokesman Yahya Saree said on X, formerly Twitter.

The Iran-backed Houthis warned they would launch further attacks at Israel “until the cessation of aggression and lifting of the blockade on the Gaza Strip”.

The Israeli military had said earlier it had “successfully intercepted a surface-to-surface missile that approached Israeli territory in the area of the Red Sea”.

The attack was the latest in a series of drone and missile strikes launched by the Houthis since the start of the Gaza war between Israel and Palestinian fighters group Hamas nearly four months ago.

The Houthis have also repeatedly targeted vessels in the Red Sea with strikes they say are in support of Palestinians in Gaza, where Israel is battling Hamas.

The attacks have prompted some shipping companies to detour around southern Africa to avoid the Red Sea, a vital route that normally carries about 12 percent of global maritime trade.

The US military on Thursday said it shot down a drone off Yemen and later destroyed an explosives-laden uncrewed surface vessel that threatened ships in the Red Sea.

The US Central Command (CENTCOM) also said the Houthis launched two anti-ship missiles that were possibly aimed at a cargo ship in the Red Sea, but that the missiles did not hit the vessel.