INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

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.

Israel intercepts Huthi missile fired from Yemen

Yemenis brandish weapons and chant slogans during a rally in solidarity with Palestinians and in condemnation of Israel and the US, AFP
  • "Following the sirens that sounded a short while ago in several areas in Israel, a missile that was launched from Yemen was intercepted," the Israeli military said
  • The Huthis targeted Israel's Ben Gurion airport "using a 'Palestine 2' hypersonic ballistic missile", their military spokesman Yahya Saree said in a video statement

Jerusalem, UndefinedThe Israeli military said it intercepted a missile fired from Yemen on Friday, which the Iran-backed Huthi rebels said they had launched.

“Following the sirens that sounded a short while ago in several areas in Israel, a missile that was launched from Yemen was intercepted,” the Israeli military said.

The Huthis targeted Israel’s Ben Gurion airport “using a ‘Palestine 2’ hypersonic ballistic missile”, their military spokesman Yahya Saree said in a video statement.

The rebels have launched repeated missile and drone attacks against Israel since their Palestinian ally Hamas’s October 2023 attack on Israel sparked the Gaza war.

The Huthis, who say they are acting in support of the Palestinians, paused their attacks during a two-month ceasefire in Gaza that ended in March, but renewed them after Israel resumed major operations.

Israel has carried out several retaliatory strikes in Yemen, targeting Huthi-held ports and the airport in the rebel-held capital Sanaa.