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.

Israel tightens restrictions as virus cases leap

  • The measures, announced Sunday, require vaccination certificates or negative coronavirus tests to enter a range of public spaces
  • According to the health ministry, more than 8,700 people tested positive for coronavirus on Tuesday, the highest number for a single day since January

New restrictions aimed at curbing the spread of Covid took effect in Israel on Wednesday, after the largely vaccinated country saw the highest daily infection rate since January.

The measures, announced Sunday, require vaccination certificates or negative coronavirus tests to enter a range of public spaces, including restaurants and bars, cultural and sports venues, hotels and gyms, the health ministry said.

The same applies to worshippers wishing to enter synagogues, mosques or churches with more than 50 people in attendance.

In addition, the capacity of stores, shopping malls and industrial parks will be limited to one person per seven square metres (75 square feet).

After its launch last December, Israel’s widely praised vaccination drive helped to drastically bring down infections.

But that trend has since reversed, driven by the spread of the more contagious Delta variant of the virus, with restrictions that were lifted in June reimposed since July.

In recent weeks, the state has begun administering booster shots to Israelis aged 50 and over, while urging anyone aged 12 and older to get vaccinated.

About one million Israelis have not been vaccinated even though they are eligible.

According to the health ministry, more than 8,700 people tested positive for coronavirus on Tuesday, the highest number for a single day since January.

Prime Minister Naftali Bennett has been imploring Israelis to get vaccinated, warning of a possible lockdown that could affect the Jewish high holidays next month unless inoculation numbers rise.