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.

Premises of two Gaza hospitals shelled by Israel: report

An aerial picture shows a damaged building in kibbutz Beeri near the border with Gaza on October 22, 2023, in the aftermath of a Palestinian militant attack on October 7. AFP
  • Earlier in a blast on al-Ahli Arab Hospital, which each side blamed on the other, around 500 Palestinian were reported to have lost their lives
  • Tensions flared up again in the region on October 7 when militants from the Gaza-based Palestinian group Hamas staged a surprise incursion into Israeli territory

Cairo, Israel – The areas near Al-Shifa Hospital in Gaza City and Al-Quds Hospital in the western part of the Gaza Strip have been shelled by Israel’s air force, Palestine’s WAFA news agency reported, according to Russia’s TASS news agency.

WAFA said that the strikes aimed to hinder the operations of the healthcare system.

Earlier in a blast on al-Ahli Arab Hospital, around 500 Palestinian were reported to have lost their lives. While Hamas blamed the blast on an Israeli airstrike, Israeli has attributed it to a failed rocket launch. 

Tensions flared up again in the Middle East on October 7 when militants from the Gaza-based Palestinian group Hamas staged a surprise incursion into Israeli territory from the Gaza Strip. 

Hamas described its attack as a response to the aggressive actions of Israeli authorities against the Al-Aqsa Mosque on the Temple Mount in Jerusalem’s Old City. 

In response, Israel has declared a state of war, announced a total blockade of the Gaza Strip, home to 2.3 million Palestinians; and began pounding the enclave and certain parts of Lebanon and Syria with airstrikes. Clashes are underway in the West Bank as well.