INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Ground operation likely in Gaza Strip, says Israeli envoy to Russia

The pilots also admitted that they shot at the cars without knowing which were Hamas and which were civilians, Haaretz said. (TASS)
  • Israel announced a total blockade of the Gaza Strip.
  • Israeli forces have been bombarding the area.

MOSCOW, RUSSIA – The probability that the Israel Defense Forces (IDF) will launch a ground operation against Palestinian group Hamas in the Gaza Strip is over 50 percent, Israeli Ambassador to Russia Alexander Ben Zvi said.

“A state of war has been declared. During the period of a state of war, different types of operations are possible: air, sea, ground operations,” he said during a Rossiya-24 TV broadcast.

“Here is one of them, a ground operation; it is not being ruled out, <…> I am sure that [the probability of a ground operation] in the end is more than 50 percent,” he added.

Tensions flared up again in the Middle East on October 7 when the Palestinian group Hamas staged a surprise incursion into Israeli territory from the Gaza Strip, TASS reported.  

Hamas described its attack as a response to the aggressive actions of Israeli authorities against the Al-Aqsa Mosque on the Temple Mount in Jerusalem’s Old City.

In response, Israel announced a total blockade of the Gaza Strip and began delivering air strikes on the enclave and certain parts of Lebanon and Syria.

Clashes are underway in the West Bank of the Jordan River as well.