INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

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.

Iran’s response ‘inevitable’ after consulate strike, says Nasrallah

HIzbollah Secretary General Hassan Nasrallah delivers a televised speech during a gathering to mark annual Quds (Jerusalem) Day commemorations in Beirut's southern suburb on April 5, 2024. (AFP)
  • Iran's supreme leader Ayatollah Ali Khamenei has said Israel "will be punished" for the consulate strike
  • Israel said Thursday it was strengthening its defenses and pausing leave for combat units following Iran's threats to retaliate

Beirut, Lebanon– The leader of Lebanon’s Iran-backed Hizbollah movement warned Friday that Iran would inevitably retaliate after a strike widely blamed on Israel destroyed its consulate in Damascus this week, killing two generals.

“Be certain that Iran’s response to the targeting of its Damascus consulate is inevitable,” Hassan Nasrallah said in a televised speech marking Quds (Jerusalem) Day — an annual day of pro-Palestinian rallies held by Iran and its allies.

Monday’s strike in the Syrian capital levelled the five-storey consular annex of the Iranian embassy and killed seven Iranian Revolutionary Guards, two of them generals.

Nasrallah, whose fighters have been exchanging near-daily cross-border fire with Israel since the Gaza war began in October, said the strike on the Iran consulate was a “turning point”.

Hizbollah “does not fear war and is fully prepared for any war” with Israel, he said.

Iran’s supreme leader Ayatollah Ali Khamenei has said Israel “will be punished” for the consulate strike.

Israel has not commented on the strike, but analysts saw it as an escalation of its campaign against Iran and its regional proxies that runs the risk of triggering a wider war beyond the Israel-Hamas conflict in the Gaza Strip.

Israel said Thursday it was strengthening its defenses and pausing leave for combat units following Iran’s threats to retaliate.