Iran attacks Israel with drones and missiles in major escalation


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Iran fired a barrage of more than 300 drones and missiles at Israel on Saturday, officials said, marking a major escalation in the Middle East that threatens to lead to a war between the two countries.

The attack came after Iran had vowed to retaliate for an Israeli strike on its Damascus embassy compound on April 1 that killed two senior Iranian commanders and other members of its elite force.

Iran's reprisal attack on Saturday was thought to mark the first time Tehran had struck Israel directly from Iran, instead of relying on proxies in Lebanon, Syria and elsewhere.

Iran’s mission to the UN said the attack would be “deemed concluded” if Israel doesn’t strike back. The Islamic Revolutionary Guards Corps warned it would retaliate against the source of any attack from any country in the region.

“Iran’s Islamic Revolution Guards Corps has announced firing dozens of drones and missiles towards the positions of the Zionist regime in the occupied Palestinian territories”, Iran's state-run news agency Irna reported.

“The strikes are in response to numerous crimes committed by the Zionist regime, including an attack on the consular section of the Iranian embassy in Damascus”, it added.

US President Joe Biden said he would convene fellow G7 leaders on Sunday to “co-ordinate a united diplomatic response to Iran’s brazen attack.”

Israeli military spokesman Daniel Hagari said Iran launched 170 drones, 30 cruise missiles and 120 ballistic missiles at Israel.

None of the drones or cruise missiles managed to reach Israeli airspace but some of the ballistic missiles hit the Nevatim Airbase in southern Israel, causing slight damage, Adm Hagari said in a televised briefing on Sunday.

Explosions were heard in Jerusalem and across Israel as air defence systems struck the weapons.

A seven-year-old girl was in critical condition in the Bedouin area in the Arad region after the attack, Adm Hagari said.

  • Israel's air defence system intercepts projectiles amid an attack by Iran, as seen from Ramallah in the occupied West Bank. Screengrab from AFPTV / AFP
    Israel's air defence system intercepts projectiles amid an attack by Iran, as seen from Ramallah in the occupied West Bank. Screengrab from AFPTV / AFP
  • Missiles fired from Iran towards Israel are intercepted over the northern part of the country. AFP
    Missiles fired from Iran towards Israel are intercepted over the northern part of the country. AFP
  • Explosions light up the sky in Hebron in the Palestinian territories during the attack. Screengrab from AFPTV / AFP
    Explosions light up the sky in Hebron in the Palestinian territories during the attack. Screengrab from AFPTV / AFP
  • Explosions occur over Hebron. Screengrab from AFPTV / AFP
    Explosions occur over Hebron. Screengrab from AFPTV / AFP
  • Explosions light up the skies over Jerusalem during the attack. Screengrab from AFPTV / AFP
    Explosions light up the skies over Jerusalem during the attack. Screengrab from AFPTV / AFP
  • Explosions occur over Jerusalem. Screengrab from AFPTV / AFP
    Explosions occur over Jerusalem. Screengrab from AFPTV / AFP
  • Israel's Iron Dome air defence system moves to intercept missiles fired from Iran. AP
    Israel's Iron Dome air defence system moves to intercept missiles fired from Iran. AP
  • Iranian demonstrators chant slogans during an anti-Israel gathering in Tehran. AP
    Iranian demonstrators chant slogans during an anti-Israel gathering in Tehran. AP
  • People in Tehran appear to celebrate in the street after the attack on Israel. Wana (West Asia News Agency) / Reuters
    People in Tehran appear to celebrate in the street after the attack on Israel. Wana (West Asia News Agency) / Reuters
  • Iranians appear to celebrate in the street after the attack. Wana (West Asia News Agency) / Reuters
    Iranians appear to celebrate in the street after the attack. Wana (West Asia News Agency) / Reuters
  • A man kisses a mock rocket during an anti-Israel rally in Tehran after Iran launched the attack. EPA
    A man kisses a mock rocket during an anti-Israel rally in Tehran after Iran launched the attack. EPA
  • People hold Iranian and Palestinian flags at Palestine Square in Tehran. EPA
    People hold Iranian and Palestinian flags at Palestine Square in Tehran. EPA
  • US President Joe Biden meets members of his national security team about the attack on Israel by Iran. The White House / AP
    US President Joe Biden meets members of his national security team about the attack on Israel by Iran. The White House / AP

Residents in the Jordanian capital Amman told The National that they heard explosions overhead. In Iraq, thuds were heard in Baghdad and the centre and north of the country. US and British forces said they also struck Iranian projectiles across the region.

Israel closed its airspace at 12.30am amid the attack and reopened it on Sunday morning.

Two Iran-backed militia sources in Iraq told The National that drones were to be fired from Yemen and Syria.

Meanwhile, Lebanon’s Hezbollah group fired dozens of Katyusha rockets into an air and missile defence headquarters situated in the Israel-occupied Golan Heights overnight Sunday morning.

  • 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

Heavy drone activity was also reported in Iraq, residents in different parts of Iraq told The National.

The drones were heard in the provinces of Basra, Maysan and Nasiriyah in southern Iraq, residents said. They were also heard in Sulaymaniyah province in the north.

Iraq closed its airspace, Razzaq Muhaibas Al-Saadawi, Iraq's Minister of Transport said. Lebanon and Jordan also closed their airspace.

Western condemnation

In Washington, Mr Biden returned to the White House on Saturday, cutting short a weekend visit to Delaware, to speak to his top military and security officials.

“Our commitment to Israel’s security against threats from Iran and its proxies is ironclad,” he said on X.

Mr Biden and Israeli Prime Minister Benjamin Netanyahu spoke on Saturday night, the White House said.

Hundreds of Iranians gathered in Tehran's Palestine Square waving Iranian and Palestinian flags to celebrate the unprecedented military action against Israel.

Shortly before the launches, Mr Netanyahu said Israel was prepared for a “direct attack from Iran”.

EU foreign policy chief Josep Borrell led European reaction to the attack.

“The EU strongly condemns the unacceptable Iranian attack against Israel. This is an unprecedented escalation and a grave threat to regional security,” he said.

UK Prime Minister Rishi Sunak condemned the Iranian regime’s “reckless attack” against Israel.

“These strikes risk inflaming tensions and destabilising the region. Iran has once again demonstrated that it is intent on sowing chaos in its own backyard,” he said.

French Foreign Minister Stephane Sejourne echoed the remarks, saying “Iran is taking a new step in its destabilising actions and taking the risk of a military escalation.”

Tehran warned that should Israel make “another mistake”, the response will be “considerably more severe”, Iran’s mission to the UN said.

“It is a conflict between Iran and the rogue Israeli regime, from which the US must stay away,” the statement read.

It did however offer an off-ramp to the tit-for-tat strikes, saying that its military action would be “deemed concluded” if Israel does not strike back.

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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.”

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Updated: April 14, 2024, 5:37 AM