An apartment building damaged in the attack in Nabatieh, south Lebanon on Tuesday. AP
An apartment building damaged in the attack in Nabatieh, south Lebanon on Tuesday. AP
An apartment building damaged in the attack in Nabatieh, south Lebanon on Tuesday. AP
An apartment building damaged in the attack in Nabatieh, south Lebanon on Tuesday. AP

Eight injured in drone and missile attack in Lebanon's Nabatieh


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At least eight people were injured after an Israeli drone fired several missiles at a residential building in the southern Lebanese town of Nabatieh on Tuesday afternoon, Lebanon’s Health Ministry said.

Videos published online showed the entire fifth floor of the building blown out. The Israeli army did not comment on the attack and it was not known whether any Hezbollah members were in the building at the time of the strike.

Nabatieh, which lies only 14km from Israel, remains well-populated despite regular cross-border violence since October. Ten civilians were killed in an Israeli strike on a residential building in the area last month.

The attack on Nabatieh mirrored that of Hezbollah’s the previous day, when the Iran-backed group launched a volley of drones into northern Israel – one of which hit a residential tower block in the coastal city of Nahariyya. It is not a typical target of attack for Hezbollah, which has mostly limited forays to within a few kilometres of Israel’s border area.

The attack on the building in Nabatieh followed the assassination of a Hezbollah commander earlier in the day who was killed on his motorbike as he was driving in the western Bekaa Valley. Hezbollah later identified him as Mohammas Qassem Al Shaer but did not clarify his position within the group.

Israel announced Mr Al Shaer’s death and identified him as a “commander in Hezbollah’s elite Radwan Force in southern Lebanon”. Two civilians were injured in the strike in Bekaa.

Hezbollah retaliated by targeting an Israeli artillery position belonging to a battalion in the northern Neve Zeve area and fired “dozens” of Katyusha rockets at a headquarters used by Israel’s Golani Brigade in the Mount Neria area. The group said its attacks were in response to Israel’s assassination of Mr Al Shaer and the strikes on the building in Nabatieh.

Tens of thousands of people on both sides of the border have been displaced since the hostilities began, with little hope of returning until a ceasefire is reached. In Lebanon, 615 people – the vast majority of whom are fighters but at least 138 civilians – have been killed by Israeli bombardment since October.

On the Israeli side, including in the occupied Golan Heights, the army says at least 24 soldiers and 26 civilians have been killed.

Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

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Lexus LX700h specs

Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

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F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

Tearful appearance

Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday. 

Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow. 

She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.

A spokesman said her upset demeanour was due to a personal matter.

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The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Updated: September 10, 2024, 5:30 PM`