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.

United States attacks Iranian militia sites in Syria

Israel says Syria fired anti-aircraft missile. File photo
  • The possible reason for the strikes is that Iranian militias may have been planning an attack on US forces to coincide with the anniversary of the US assassination of Soleimani
  • US defense officials did not confirm that the country directly participated in the strikes, but that it was capable of destroying such targets in the area

Several Iranian militia sites that allegedly threatened indirect fire on US forces along the Syria-Iraq border were attacked by the United States, CNN reported Jan. 4.

The possible reason for these strikes is that Iranian militias may have been planning an attack on US forces to coincide with the two-year anniversary of the U.S. assassination of Qassem Soleimani, the former commander of the Islamic Revolutionary Guards Corps’ Quds Force. 

The United States and Iran have been continuing a low-level proxy conflict along the Syria-Iraq border.

US defense officials did not confirm that the country directly participated in the strikes, but that it was capable of destroying such targets in the area.

On Jan. 5, rockets hit near Baghdad international airport in Iraq, a location that hosts US troops, in the third attack in Iraq since Jan. 3. 

Iranian-backed militias and US forces have attacked one another intermittently in Syria.