Iran's supreme leader Ayatollah Ali Khamenei meets relatives of IRGC members killed in the Israeli strike on the Iranian embassy complex in Damascus. Reuters
Iran's supreme leader Ayatollah Ali Khamenei meets relatives of IRGC members killed in the Israeli strike on the Iranian embassy complex in Damascus. Reuters
Iran's supreme leader Ayatollah Ali Khamenei meets relatives of IRGC members killed in the Israeli strike on the Iranian embassy complex in Damascus. Reuters
Iran's supreme leader Ayatollah Ali Khamenei meets relatives of IRGC members killed in the Israeli strike on the Iranian embassy complex in Damascus. Reuters

Israel says it will strike Iran if attacked after Khamenei threat


Holly Johnston
  • English
  • Arabic

Live updates: Follow the latest on Israel-Gaza

Israel will retaliate against Iranian territory if it is attacked by Iran, Israel's foreign minister said on Wednesday, as both countries trade threats against the backdrop of heightened regional tensions.

Foreign Minister Israel Katz made the public warning in posts in Hebrew and Farsi on X directed at Iran's Supreme Leader Ayatollah Ali Khamenei's account, shortly after the Iranian leader said Israel was an “evil regime” that “must be punished” for a deadly attack on the Iranian embassy compound in Damascus on April 1.

Mr Katz's words were followed with a post on X by Defence Minister Yoav Gallant, who told soldiers in northern Israel that the military would "respond strongly" against "any enemy".

"We maintain high alertness in all defence formations - we will know how to defend against the threats of our enemy in our territory, and react strongly against any enemy in his territory," Mr Gallant said.

Israel has been fighting Iran-backed Hezbollah in Lebanon and attacked Iranian targets in Syria alongside its war in Gaza against Hamas, which is supported by Iran.

The stakes of the conflict were raised earlier this month when several senior Iranian generals were killed in an attack on the country's embassy compound that was widely blamed on Israel.

  • Emergency personnel extinguish a fire at the Iranian embassy compound in Damascus after it was hit by an Israeli air strike. AFP
    Emergency personnel extinguish a fire at the Iranian embassy compound in Damascus after it was hit by an Israeli air strike. AFP
  • Emergency and security workers comb the rubble following the attack, which killed at least 11 people including senior Islamic Revolutionary Guard Corps commanders, in the Syrian capital. AFP
    Emergency and security workers comb the rubble following the attack, which killed at least 11 people including senior Islamic Revolutionary Guard Corps commanders, in the Syrian capital. AFP
  • Syrian Foreign Minister Faisal Mekdad (centre) visits the embassy compound, in the central Mezzeh area of the city. AFP
    Syrian Foreign Minister Faisal Mekdad (centre) visits the embassy compound, in the central Mezzeh area of the city. AFP
  • Members of the Syrian Red Crescent work at the scene in Damascus. The head of the Quds Force in Lebanon was among the dead. Reuters
    Members of the Syrian Red Crescent work at the scene in Damascus. The head of the Quds Force in Lebanon was among the dead. Reuters
  • A destroyed vehicle is taken away from the Iranian embassy compound in the Syrian capital. Reuters
    A destroyed vehicle is taken away from the Iranian embassy compound in the Syrian capital. Reuters
  • Iranian President Ebrahim Raisi warned that the attack would 'not go unpunished'. AFP
    Iranian President Ebrahim Raisi warned that the attack would 'not go unpunished'. AFP
  • The strike is the most significant attack against an Iranian target since the Gaza war began. EPA
    The strike is the most significant attack against an Iranian target since the Gaza war began. EPA
  • A damaged vehicle is doused following the air strike in Damascus. EPA
    A damaged vehicle is doused following the air strike in Damascus. EPA
  • An Israeli army spokesman claimed the embassy compound was a military site 'disguised' as a diplomatic site. Reuters
    An Israeli army spokesman claimed the embassy compound was a military site 'disguised' as a diplomatic site. Reuters
  • Brig Gen Mohammad Reza Zahedi, a senior commander of the Islamic Revolutionary Guard Corps' Quds Force, was killed. AFP
    Brig Gen Mohammad Reza Zahedi, a senior commander of the Islamic Revolutionary Guard Corps' Quds Force, was killed. AFP

Iran's supreme leader Ayatollah Ali Khamenei had used his Eid Al Fitr sermon to renew threats of retaliation over the attack on the embassy compound.

He also said Israel's intensified bombing of Gaza during Ramadan left a "bitter taste" for Muslims and criticised western governments for their support of Israel.

The Israeli strike on Iran's embassy compound in Damascus killed senior members of the Islamic Revolutionary Guard Corps, including Mohammad Reza Zahedi, who led the Quds Force in Syria and Lebanon, and sent tensions soaring between the countries.

“When they attack our consulate, it means our territory has been attacked,” state outlet Irna quoted Mr Khamenei as saying during Eid Al Fitr prayers at the Grand Mosque in Tehran.

“The evil regime made a mistake and must be punished and will be punished.”

Mr Khamenei has vowed revenge, warning last week that Israel would be "slapped". President Ebrahim Raisi also said Israel would be punished for the attack, which Iran-backed groups have compared to the US assassination of IRGC Quds Force chief Qassim Suleimani in January 2020.

Other Iranian officials have threatened attacks against Israeli embassies.

A number of Israeli embassies have been emptied of staff for fear Iran might attack a mission, and the Israeli military spokesman last week was forced to publicly reassure citizens to end a spate of panic buying.

Israeli authorities have since been preparing for potential Iranian retaliation. Last week, Israel cancelled leave for combat soldiers and has increased GPS jamming in response to threats from Iran.

Iran's retaliation could be a direct attack, which would constitute an escalation, or carried out via Iranian allies such as Hezbollah, a range of militias in Syria and Iraq, or the Houthis in Yemen.

In comments quoted by Israel's public broadcaster Kan, Mr Katz described Iran as the "head of the snake" in relation to its militia allies.

"Iran is the head of the snake – there is no Hamas without Iran, no Houthis, no Shiite-Syrian militias and no Hezbollah," he said.

Hezbollah's Imam Al Mahdi Scouts carry a Palestinian flag and a picture depicting Iran's founder Ayatollah Ruhollah Khomeini as they march to commemorate Al Quds Day (Jerusalem Day) in a suburb of Beirut, Lebanon, this week. EPA
Hezbollah's Imam Al Mahdi Scouts carry a Palestinian flag and a picture depicting Iran's founder Ayatollah Ruhollah Khomeini as they march to commemorate Al Quds Day (Jerusalem Day) in a suburb of Beirut, Lebanon, this week. EPA

Hezbollah opened a second front against Israel in support of Hamas following the Palestinian group's attacks on southern Israel on October 7 that killed about 1,200 people.

The Houthis began launching attacks from Yemen on international shipping in the Red Sea in November, in a campaign the rebel group says is in support of Palestinians. The group has continued to fire missiles at ships, also targeting the Israeli port of Eilat, despite the US and UK carrying out air strikes at Houthi targets in Yemen.

Militias in Syria and Iraq have also intensified their attacks against US forces in both countries since October 7, but halted attacks in an apparent unannounced truce between the US and Iran after three American soldiers were killed on the Syrian-Jordanian border in early February.

The US has repeatedly sought to calm regional tensions and prevent a wider war. Washington has sent several high-profile personnel to the region as US President Joe Biden grows increasingly frustrated with Israeli Prime Minister Benjamin Netanyahu.

Washington has urged Mr Netanyahu's government to limit civilian casualties in its operations in Gaza, during which more than 33,000 people have been killed in six months of war.

World record transfers

1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m

How to book

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Origin
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Doubleday

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%3A%20%3C%2Fstrong%3EWafeq%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EJanuary%202019%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3ENadim%20Alameddine%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%2C%20UAE%3Cstrong%3E%3Cbr%3EIndustry%3A%20%3C%2Fstrong%3Esoftware%20as%20a%20service%3Cbr%3E%3Cstrong%3EFunds%20raised%3A%20%3C%2Fstrong%3E%243%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3ERaed%20Ventures%20and%20Wamda%2C%20among%20others%3C%2Fp%3E%0A

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

The specs

Engine: 1.5-litre 4-cylinder petrol

Power: 154bhp

Torque: 250Nm

Transmission: 7-speed automatic with 8-speed sports option 

Price: From Dh79,600

On sale: Now

India team for Sri Lanka series

Test squad: Rohit Sharma (captain), Priyank Panchal, Mayank Agarwal, Virat Kohli, Shreyas Iyer, Hanuma Vihari, Shubhman Gill, Rishabh Pant (wk), KS Bharath (wk), Ravindra Jadeja, Jayant Yadav, Ravichandran Ashwin, Kuldeep Yadav, Sourabh Kumar, Mohammed Siraj, Umesh Yadav, Mohammed Shami, Jasprit Bumrah.

T20 squad: Rohit Sharma (captain), Ruturaj Gaikwad, Shreyas Iyer, Surya Kumar Yadav, Sanju Samson, Ishan Kishan (wk), Venkatesh Iyer, Deepak Chahar, Deepak Hooda, Ravindra Jadeja, Yuzvendra Chahal, Ravi Bishnoi, Kuldeep Yadav, Mohammed Siraj, Bhuvneshwar Kumar, Harshal Patel, Jasprit Bumrah, Avesh Khan

%E2%80%98FSO%20Safer%E2%80%99%20-%20a%20ticking%20bomb
%3Cp%3EThe%20%3Cem%3ESafer%3C%2Fem%3E%20has%20been%20moored%20off%20the%20Yemeni%20coast%20of%20Ras%20Issa%20since%201988.%3Cbr%3EThe%20Houthis%20have%20been%20blockading%20UN%20efforts%20to%20inspect%20and%20maintain%20the%20vessel%20since%202015%2C%20when%20the%20war%20between%20the%20group%20and%20the%20Yemen%20government%2C%20backed%20by%20the%20Saudi-led%20coalition%20began.%3Cbr%3ESince%20then%2C%20a%20handful%20of%20people%20acting%20as%20a%20%3Ca%20href%3D%22https%3A%2F%2Fwww.google.ae%2Furl%3Fsa%3Dt%26rct%3Dj%26q%3D%26esrc%3Ds%26source%3Dweb%26cd%3D%26ved%3D2ahUKEwiw2OfUuKr4AhVBuKQKHTTzB7cQFnoECB4QAQ%26url%3Dhttps%253A%252F%252Fwww.thenationalnews.com%252Fworld%252Fmena%252Fyemen-s-floating-bomb-tanker-millions-kept-safe-by-skeleton-crew-1.1104713%26usg%3DAOvVaw0t9FPiRsx7zK7aEYgc65Ad%22%20target%3D%22_self%22%3Eskeleton%20crew%3C%2Fa%3E%2C%20have%20performed%20rudimentary%20maintenance%20work%20to%20keep%20the%20%3Cem%3ESafer%3C%2Fem%3E%20intact.%3Cbr%3EThe%20%3Cem%3ESafer%3C%2Fem%3E%20is%20connected%20to%20a%20pipeline%20from%20the%20oil-rich%20city%20of%20Marib%2C%20and%20was%20once%20a%20hub%20for%20the%20storage%20and%20export%20of%20crude%20oil.%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3EThe%20%3Cem%3ESafer%3C%2Fem%3E%E2%80%99s%20environmental%20and%20humanitarian%20impact%20may%20extend%20well%20beyond%20Yemen%2C%20experts%20believe%2C%20into%20the%20surrounding%20waters%20of%20Saudi%20Arabia%2C%20Djibouti%20and%20Eritrea%2C%20impacting%20marine-life%20and%20vital%20infrastructure%20like%20desalination%20plans%20and%20fishing%20ports.%C2%A0%3C%2Fp%3E%0A

First Person
Richard Flanagan
Chatto & Windus 

Fund-raising tips for start-ups

Develop an innovative business concept

Have the ability to differentiate yourself from competitors

Put in place a business continuity plan after Covid-19

Prepare for the worst-case scenario (further lockdowns, long wait for a vaccine, etc.) 

Have enough cash to stay afloat for the next 12 to 18 months

Be creative and innovative to reduce expenses

Be prepared to use Covid-19 as an opportunity for your business

* Tips from Jassim Al Marzooqi and Walid Hanna

Results

2pm: Maiden (PA) Dh 40,000 (Dirt) 1,200m, Winner: AF Thayer, Tadhg O’Shea (jockey), Ernst Oertel (trainer).

2.30pm: Maiden (PA) Dh 40,000 (D) 1,200m, Winner: AF Sahwa, Nathan Crosse, Mohamed Ramadan.

3pm: Handicap (PA) Dh 40,000 (D) 1,000m, Winner: AF Thobor, Szczepan Mazur, Ernst Oertel.

3.30pm: Handicap (PA) Dh 40,000 (D) 2,000m, Winner: AF Mezmar, Szczepan Mazur, Ernst Oertel.

4pm: Sheikh Hamdan bin Rashid Al Maktoum Cup presented by Longines (TB) Dh 200,000 (D) 1,700m, Winner: Galvanize, Nathan Cross, Doug Watson.

4.30pm: Handicap (PA) Dh 40,000 (D) 1,700m, Winner: Ajaj, Bernardo Pinheiro, Mohamed Daggash.

The more serious side of specialty coffee

While the taste of beans and freshness of roast is paramount to the specialty coffee scene, so is sustainability and workers’ rights.

The bulk of genuine specialty coffee companies aim to improve on these elements in every stage of production via direct relationships with farmers. For instance, Mokha 1450 on Al Wasl Road strives to work predominantly with women-owned and -operated coffee organisations, including female farmers in the Sabree mountains of Yemen.

Because, as the boutique’s owner, Garfield Kerr, points out: “women represent over 90 per cent of the coffee value chain, but are woefully underrepresented in less than 10 per cent of ownership and management throughout the global coffee industry.”

One of the UAE’s largest suppliers of green (meaning not-yet-roasted) beans, Raw Coffee, is a founding member of the Partnership of Gender Equity, which aims to empower female coffee farmers and harvesters.

Also, globally, many companies have found the perfect way to recycle old coffee grounds: they create the perfect fertile soil in which to grow mushrooms. 

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
PSL FINAL

Multan Sultans v Peshawar Zalmi
8pm, Thursday
Zayed Cricket Stadium, Abu Dhabi

Zombieland: Double Tap

Director: Ruben Fleischer

Stars: Woody Harrelson, Jesse Eisenberg, Emma Stone

Four out of five stars 

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Profile of Hala Insurance

Date Started: September 2018

Founders: Walid and Karim Dib

Based: Abu Dhabi

Employees: Nine

Amount raised: $1.2 million

Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers

 

Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199

Updated: April 10, 2024, 2:26 PM