Gaza responds with rockets after Israel kills 5 Palestinians; 80 Hamas targets attacked

Agencies
October 27, 2018

Gaza City, Oct 27: A barrage of rockets from Gaza hit Israel during the night, the army said on Saturday, hours after five Palestinians were killed during clashes on the Israeli border, in a flareup that could jeopardise truce efforts.

The largest projectile attacks in months and the border fatalities came despite talk of progress towards an Egyptian-brokered deal to end months of often violent protests along the border.

"Overnight, dozens of rockets were launched from the Gaza Strip at communities in southern Israel," the army said in a statement, putting the exact number in a separate announcement at 30.

"The IDF's Iron Dome aerial defense system intercepted approximately 10 projectiles," the army said, adding that two rockets fell within the Gaza Strip while the others landed in "open areas".

Israeli medics said seven civilians were being treated for shock.

In response to the rockets, Israeli fighter jets, helicopters and drones struck "approximately 80 Hamas targets throughout the Gaza Strip".

There were no reports of Gaza casualties as a result of the strikes.

Hamas, the militant Islamist rulers of Gaza, did not claim responsibility for the rockets, but Israel holds it responsible for any launches from the coastal enclave.

"The rocket fire is conducted in a terror-filled atmosphere which is generated by Hamas in the area of the security fence and in acts such as tonight's events," the army said.

Islamic Jihad, the second largest militant group in Gaza, hailed the rocket fire in a statement as a response to "Israeli aggressions", stopping short however of directly claiming responsibility for the launches.

A Hamas official said that following the escalation Egypt was again seeking to negotiate a return to calm.

Earlier, five Palestinians aged between 22 and 27 died in separate incidents along the border fence, the Gaza health ministry said.

The army did not comment on the deaths but said around 16,000 "rioters and demonstrators" had gathered along the border, with some setting tyres alight and hurling rocks, firebombs and grenades towards soldiers.

Troops responded with "riot dispersal means", a spokesman added.

Three of the men were shot dead east of Khan Yunis in southern Gaza, while one was killed east of Jabalia in the north of the coastal territory, the health ministry said.

A fifth man died east of Bureij in central Gaza when a hand grenade he was holding exploded accidentally, witnesses said.

Palestinians have gathered for protests along the Gaza Strip's border at least weekly since March 30.

At least 212 Palestinians have been killed by Israeli fire in Gaza since the protests began, according to figures collated by news agency.

The majority have died during protests, while smaller numbers have been killed by airstrikes and tank fire.

One Israeli soldier was shot dead by a Palestinian sniper along the border in the same period.

The protesters are calling to be allowed to return to lands their families fled or were expelled from in a 1948 war surrounding the creation of Israel and which are now inside the Jewish state.

They are also protesting over Israel's crippling blockade of Gaza. Israel accuses Hamas of orchestrating the often violent demonstrations.

Israel and Hamas have fought three wars since 2008 and much of the international community considers the Islamist movement a terrorist organisation.

The fresh violence could also scupper hopes of a deal to end the months of protests.

Egypt and the United Nations have been brokering indirect negotiations between Hamas and Israel with the aim of calming the situation amid fears of another war.

Last week, a rocket fired from Gaza hit an Israeli home, narrowly avoiding killing a family. In response, the Israeli army carried out air strikes on around 20 Hamas targets in Gaza.

The London-based Arabic newspaper Al-Hayat reported Friday that a deal had been reached that would see the protests end in exchange for an easing of Israel's blockade.

Hamas officials denied a deal had been struck but confirmed to AFP that progress was being made.

"We expect to reach an agreement very soon," a senior Hamas official said earlier Friday on condition of anonymity.

Israel also fully reopened its border crossings with the Gaza Strip this week following a week of relative calm.

It allowed dozens of trucks of fuel paid for by Qatar into the strip, having previously banned their entry in response to the border violence.

Israel says the decade-long blockade is necessary to isolate Hamas, while critics say it amounts to collective punishment of Gaza's two million residents.

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Agencies
July 28,2020

Dubai, Jul 28: Abu Dhabi Commercial Bank (ADCB) (ADCB.AD) is letting go hundreds of employees, sources said, the latest in a round of lay-offs by regional banks as pressure mounts to cut costs amid lower oil prices and the coronavirus crisis.

The UAE’s third-biggest lender is laying off 400 employees, two sources familiar with the matter said, after it had committed to not cutting staff because of the crisis.

In a statement, a spokesman said ADCB had pursued efficiency over the last decade by managing out its lowest underachievers after regular reviews, while ensuring talent was deployed in high-growth areas, such as digital banking.

“A certain number of redundancies are therefore expected every year in the normal course of business,” the bank spokesman added.

The sources said the cuts would involve ADCB’s consumer business and several in top management were among those being let go. One source said the bank was looking to close 20 branches.

In March, ADCB had declared, “No employee will be made redundant during 2020 as a result of the COVID-19 pandemic.”

UAE banks have been hit by government measures to rein in the spread of the virus, forcing many businesses to shut temporarily.

Last week, Dubai’s largest bank, Emirates NBD, reported a slump of 58% in profits. In June, sources told Reuters the bank started a new round of hundreds of lay-offs.

In May, ADCB reported a fall of 84% in first-quarter net profit as it took impairments of $292 million on debt exposure to troubled hospital operator NMC Health and payments group Finablr.

It was a major lender, with an exposure of about $981 million, to NMC Health, which went into administration this year after months of turmoil following questions over financial reporting.

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Agencies
January 11,2020

New Delhi, Jan 11: Assets worth Rs 78 crore have been attached by the ED in connection with a money laundering probe against former ICICI Bank Chairman Chanda Kochhar and others, officials said on Friday.

A provisional order under the Prevention of Money Laundering Act (PMLA) has been issued for attachment of the properties that includes Kochhar's Mumbai-based house and some other assets belonging to a company linked to her, they said.

The book value of the attached assets is Rs 78 crore, they said.

The Enforcement Directorate (ED) is probing Kochhar, her husband Deepak Kochhar and others in a case of alleged irregularities and money laundering in giving loans by the bank to the Videocon group.

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Agencies
July 14,2020

Jaipur, Jul 14: Sachin Pilot has been removed as Deputy Chief Minister and Rajasthan PCC Chief, announced Congress leader Randeep Singh Surjewala on Tuesday.

"Sachin Pilot, Vishvendra Singh and Ramesh Meena have been removed from the posts of Deputy Chief Minister and Ministerial posts respectively. Sachin Pilot has also been removed as the Rajasthan PCC Chief," said Surjewala.

Govind Singh Dotasra has been appointed as the new PCC chief, he added.

"Sachin Pilot, few Congress Ministers and MLAs got involved in the conspiracy to topple the Congress government by getting entangled within the trap of BJP," he added.

The decision was taken after a Congress Legislature Party (CLP) meeting at the Fairmont Hotel in Jaipur, Rajasthan earlier today.

The Rajasthan Congress is in turmoil over the past few days. While Chief Minister Ashok Gehlot has blamed the BJP for attempting to destabilise the State government by poaching MLAs, Deputy Chief Minister Sachin Pilot has been camping in Delhi.

A controversy broke out in Rajasthan after Special Operation Group (SOG) sent a notice to Pilot to record his statement in the case registered by SOG in the alleged poaching of Congress MLAs in the State.

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