Financial

Israeli airline Israir reported a sharp rise in revenue for 2025, driven by record passenger volumes, but posted a significant decline in net profit due to currency fluctuations and the impact of the ongoing conflict. The carrier said net profit fell 30% to $16.8 million. The decline was attributed in part to the impact of the military operation known as “Am KeLavi,” which reduced profitability by approximately $7.5 million

Iran continued its missile campaign against Israel this week, launching additional barrages toward central regions, including the greater Tel Aviv area. Air raid sirens were activated across multiple cities, sending residents into shelters as air defense systems intercepted incoming projectiles