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.

Israeli strikes hit Syria military targets: monitor

Nearly 29,000 people have been displaced in Lebanon due to the clashes, according to the International Organization for Migration. (AFP File)
  • Syrian state news agency SANA confirmed the raids and said they caused only material damage
  • The Britain-based Syrian Observatory for Human Rights said the targets were army positions and arms depots belonging to Iran-backed militias

Israeli air strikes hit positions held by the Syrian government and its pro-Iranian allies near Damascus overnight, a war monitor said on Wednesday.

Syrian state news agency SANA confirmed the raids and said they caused only material damage.

“The Israeli enemy launched an aerial aggression with a number of missiles,” the news agency quoted a military source as saying, naming the targeted area as Zakia.

The Britain-based Syrian Observatory for Human Rights said the targets were army positions and arms depots belonging to Iran-backed militias.

Similar strikes last week killed at least five militiamen, the Observatory said.

Israel rarely comments on individual strikes but has confirmed carrying out hundreds in Syria since the civil war erupted in 2011 in a bid to stop Iran gaining a foothold on its doorstep.