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Israel strikes Hamas targets in Gaza after rocket fire

Israel targeted Hamas in air strikes on Gaza early Saturday after rockets were fired at it from the Palestinian enclave, the army said, two days after a fragile ceasefire began.
Hamas, the Islamist movement that has de facto control over the Gaza Strip, had been spared the brunt of Israeli bombardment during this week's flare-up which focused on its hardline ally Islamic Jihad.
A ceasefire has been in place since Thursday morning following the wave of tit-of-tat air strikes and rocket fire between Israel and Islamic Jihad -- the territory's second most powerful militant group.
The army said it launched Saturday's strikes after "two rockets were fired from the Gaza Strip towards Israeli territory" and were intercepted by air defences.
It was not immediately known who fired the rockets.
Palestinian security sources said the Israeli strikes were aimed at two Hamas sites in the north of the territory.
"Among the sites targeted was a military camp of the Hamas terror organisation and a military compound used by the Hamas naval forces," a statement from the Israeli military said.
"In addition an underground terror infrastructure was also targeted."
There were no reports of casualties.
It was the first time Hamas had been hit since this week's escalation began with Israel's targeted killing of a top Islamic Jihad commander early on Tuesday.
That strike triggered almost immediate retaliatory rocket fire from Islamic Jihad, which set off air-raid sirens and sent Israelis rushing to bomb shelters in the country's southern and central regions.
The Israeli military said around 450 rockets were fired at its territory during the fighting and air defences intercepted dozens of them.
The military responded with air strikes it said targeted Islamic Jihad militant sites and rocket- and missile-launching squads.
After two days of fighting which killed 34 Palestinians and no Israelis, a ceasefire was agreed.
But it has so far been precarious, with fire coming from both sides after the agreement went into effect.
There have been three wars since 2008 between Israel and Palestinian militants in the blockaded territory which is home to some two million people.
Israeli analysts said that the focus on Islamic Jihad rather than Hamas earlier this week was a clear signal that the army sought to avoid a major new conflict.
Hamas repeatedly said it would not abandon its ally, but keeping out of the fighting helped it maintain a fragile truce with Israel that has seen tens of millions of dollars in Qatari aid flow into Gaza since last year.
It was criticised in Gaza for not joining the fighting.
Likewise, Israeli Prime Minister Netanyahu came under fire from political rivals at home for not holding Hamas accountable for attacks from the territory it rules.
The violence came at a politically sensitive time for Israel, with no new government in place since a September election ended in deadlock.
On Thursday, Israeli military spokesman Jonathan Conricus told reporters that the army had "wanted to keep Hamas out of the fighting".
"Throughout the operation, we of course distinguished between Hamas and Islamic Jihad, and all of our operations were measured, proportionate and focused only on military assets belonging to Islamic jihad," he said.
But there was a marked shift in tone in Saturday's statement.
The military said it "holds the Hamas terror organisation responsible for events transpiring in the Gaza Strip and emanating from it".
"Hamas will bear the consequences for actions against Israeli civilians."
source:AFP
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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