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.

Israeli army says intercepted missile from Yemen before it entered Israeli territory

Yemeni tribal gunmen take part in a demonstration denouncing Israeli stikes and in solidarity with Palestine, in the suburbs of the Huthi-controlled capital Sanaa, on December 23, 2024. AFP
  • Air raid sirens sounded over a wide swathe of central Israel as a precaution against falling debris, but the army said it shot down the projectile before it entered Israeli territo
  • Yemen's Iran-backed Huthi rebels have repeatedly launched missiles against Israel in solidarity with the Palestinians since the war in Gaza began more than a year ago

Jerusalem, Undefined – The Israeli army said Wednesday it intercepted a ballistic missile fired towards the country from Yemen.

Air raid sirens sounded over a wide swathe of central Israel as a precaution against falling debris, but the army said it shot down the projectile before it entered Israeli territory.

No injuries were reported, according to Magen David Adom (MDA), Israel’s emergency medical services.

“A missile that was launched from Yemen was intercepted before crossing into Israeli territory,” the Israeli army wrote on the Telegram social media platform. “Sirens regarding rocket and missile launches were activated due to the possibility of falling shrapnel from the interception.”

On Tuesday, the Israeli army also said it had intercepted a projectile fired from Yemen.

Yemen’s Iran-backed Huthi rebels have repeatedly launched missiles against Israel in solidarity with the Palestinians since the war in Gaza began more than a year ago. Most of them have been intercepted, but on Saturday an attack on Tel Aviv injured 16 people.

In recent days, Israeli Prime Minister Benjamin Netanyahu issued a warning to the rebels.

“I have instructed our forces to destroy the infrastructure of Huthis, because anyone who tries to harm us will be struck with full force,” Netanyahu said, “even if it takes time”.

In July, a Huthi drone attack on Tel Aviv killed an Israeli civilian, prompting retaliatory strikes on the Yemeni port of Hodeidah.

The Huthis have also regularly targeted shipping in the Red Sea and the Gulf of Aden, leading to retaliatory strikes by US and sometimes British forces.