Israeli forces wound 77 Palestinians at protest near Gaza Strip border

Protesters run for cover from teargas during Friday’s protests in Gaza. (AP)
Updated 20 October 2018
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Israeli forces wound 77 Palestinians at protest near Gaza Strip border

  • Palestinians have been protesting along the border since March 30, demanding an end to Israel’s blockade of the territory and the right to return to lands that Palestinians fled or were driven from upon Israel’s founding in 1948

GAZA: Israeli soldiers shot and wounded 77 Palestinians during protests near the Gaza Strip border on Friday, the enclave’s Health Ministry said.
An Israeli military spokeswoman said about 10,000 demonstrators massed at the border and that some threw burning tires, grenades and explosive devices at the troops across the fence. About 30 Palestinians suffered tear gas inhalation, the Gaza Health Ministry said.
But the protest was relatively small — some of the previous gatherings included about 30,000 people, a sign that tensions that have built up in the past few days may be easing.
On Thursday, Israel had ramped up armored forces along the Gaza border, a day after a rocket fired from the enclave destroyed a home in southern Israel. Israeli Prime Minister Benjamin Netanyahu, vowed “very strong action” if attacks continued. A Palestinian official said Egyptian security officials had held separate meetings in the past few days with Israeli counterparts and with leaders of the Palestinian Hamas group that rules Gaza in an effort to prevent an escalation in violence.
Palestinians have been protesting along the border since March 30, demanding an end to Israel’s blockade of the territory and the right to return to lands that Palestinians fled or were driven from upon Israel’s founding in 1948. About 200 Gazans have been killed by Israeli troops since the protests started, according to Palestinian Health Ministry figures. Pale stinians have launched incendiary balloons and kites into Israel and on occasion breached the Israeli frontier fence. More than 2 million Palestinians are packed into the narrow coastal enclave. Israel pulled troops and settlers from Gaza in 2005 but maintains tight control of its land and sea borders.
Egypt also restricts movement in and out of Gaza on its border. Nickolay Mladenov, the UN’s Mideast peace envoy, earlier urged Israel and the Palestinians to exercise restraint ahead of the protests. Mosque loudspeakers in the Palestinian enclave urged Gazans to attend Friday’s demonstrations, despite statements by Gaza’s leaders that Hamas seeks to rein in the protests. “In light of today’s planned Gaza march, I urge all to exercise restraint, to proceed in a peaceful manner, and to avoid escalation,” Nickolay Mladenov said in a statement. “The UN is working with Egypt and its partners to avoid violence, address all humanitarian issues and support reconciliation.”
Egyptian intelligence officials met with Hamas and Israeli officials on Thursday in efforts to broker a cease-fire and ease months of deadly border protests. Egypt and the UN have attempted to negotiate a truce between Israel and Hamas for weeks in a bid to ease tensions in the beleaguered Gaza Strip.
Hamas has organized weekly protests since March that seek, in part, to secure an easing of the Egyptian-Israeli blockade of the Palestinian enclave imposed after the Islamic militant group seized control of Gaza from the Palestinian Authority in 2007 in an armed coup.
At least 156 Palestinians have been killed by Israeli fire at the protests, and an Israeli solider was killed by a Palestinian sniper.
The protests have intensified in recent weeks as Egyptian and UN cease-fire negotiations have faltered, and cross-border violence earlier this week has brought tensions to a simmer.
On Wednesday, a rocket fired from the Gaza Strip destroyed a house in the Israeli city of Beersheba in the worst bout of violence in recent weeks. Israel retaliated with airstrikes and has beefed up its military forces along the border. Israeli Prime Minister Benjamin Netanyahu’s Security Cabinet resolved to retaliate more severely to cross-border attacks, but has thus far refrained from further action, suggesting it was giving the Egyptians a chance to restore calm.


Mobily posts SR80m net profit in Q4 2018

Updated 1 min 25 sec ago
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Mobily posts SR80m net profit in Q4 2018

Mobily’s net profit for the fourth quarter of 2018 reached SR80 million ($21.3 million), compared to losses of SR182 million in Q4 2017.

The telecom company reduced its net losses by 82.7 percent for the year ending on Dec. 31, 2018, with net losses for 2018 amounting to SR123 million, compared to net losses of SR709 million for 2017.

The improvement is mainly due to the fact that Mobily continued to improve its revenues for the sixth consecutive quarter as Q4 2018 revenues witnessed a YoY growth of 11.9 percent, amounting to SR3,162 million, as opposed to SR2,827 million in Q4 2017. The annual revenue grew by 4.5 percent to reach SR11,865 million for the year 2018 versus SR11,351 million for the year 2017. This is mainly attributed to the growth of the subscriber base and an improvement of subscriber mix, data revenues, business unit revenues and FTTH revenues.

This was achieved despite the market, regulatory and economic challenges, including the reduction of mobile termination rates.

Taking out the impact of the decrease of the mobile termination rates, quarterly revenues would have grown by 14 percent and annual revenues would have grown by 6.5 percent, Mobily said in a statement.