Latest Articles

 Rafael Signs Historic Contract with Finland for "Magic Wand" Missile Defense System
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In a landmark move, the Director General of the Ministry of Defense, Maj. Gen. Eyal Zamir, has officially signed a contract for the sale of Israel's cutting-edge air defense system, "Kele David" (Magic Wand), to Finland. The deal, valued at 317 million euros (1.3 billion shekels), marks the first international sale of Rafael's highly acclaimed missile defense system

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Nov 12, 2023

 Rally in Tel Aviv Urges Action for Kidnapped Israelis Held by Hamas in Gaza strip
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In a powerful display of solidarity, thousands gathered in Tel Aviv on Saturday evening to rally for the release of individuals held captive by Hamas. Emotions ran high as family members, including Maayan Zim, whose daughter Dafna is among the abducted, took the stage to share their anguish and frustration

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Nov 11, 2023

Israel bank Governor Yaron asserted that the Israeli economy possesses robust foundations
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At the International Monetary Fund's annual research conference, Bank of Israel Governor Yaron delivered an optimistic message about the country's economic strength and resilience in the face of ongoing challenges. Governor Yaron asserted that the Israeli economy possesses robust foundations and has historically demonstrated the ability to recover from difficult times. Despite the prevailing skepticism among economists regarding the pace of recovery, Yaron remained confident in a swift return to prosperity

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Nov 10, 2023

Education Minister: Full Return to Routine in Green Areas Despite Complaints from Kindergartens
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Education Minister Yoav Kish has declared a complete return to routine in the education system for schools located in green areas with no significant restrictions from the Home Front Command. Minister Kish expressed confidence that, barring any deterioration in the situation, the education system will resume normal operations starting next Sunday in these green zones

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Nov 9, 2023

Finance Minister Allocates NIS 13.5 Billion for 2023 War Budget - Coalition Funds Diverted
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In a crucial move to finance ongoing military operations, Finance Minister Bezalel Smotrich has announced the addition of NIS 13.5 billion to the 2023 budget. The decision, revealed in a letter to the Ministry of Finance, outlines a strategy to redirect a portion of coalition funds to support the war effort

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Nov 9, 2023

Crisis Deepens: Over 84,000 New Unemployment Benefit Applications Amidst Ongoing Hostilities
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National Insurance Institute has reported an alarming increase in unemployment benefit applications since the beginning of November, mirroring figures reminiscent of the COVID-19 crisis. A total of 84,618 applicants have sought assistance from the National Insurance Institute due to the ongoing hostilities. Of these, 61,500 individuals have been forced into involuntary unemployment, while 23,118 cited other reasons such as layoffs

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Nov 8, 2023

Escalating Cyber Warfare over Gaza conflict: Iranian Hackers Target Israeli and Institutions
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Palo Alto's research unit has brought to light an alarming increase in cyber attacks orchestrated by the Iranian hacker group known as "Agrius" against Israeli targets. These attacks have intensified since the onset of hostilities. The Agrius group, which has been operating since 2020, has been actively engaged in stealing sensitive information and causing damage by deleting data, ultimately affecting innocent Israeli citizens

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Nov 6, 2023

Economic Uncertainty in Israel Amidst Ongoing Conflict in Gaza and Global Market Volatility
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As the fifth week of fighting continues in the region, Israel is facing a high level of uncertainty on the military front, while the home front shows signs of adjusting to a new normal. Despite the ongoing conflict, there has been a notable increase in credit card purchases in the past two weeks, although they remain approximately 20% lower than pre-war levels. Traffic on the roads has also resumed with a partial return to school

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Nov 5, 2023

Government: Financial Support Package for Reserve Officers and War-Affected Individuals
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In response to the ongoing "Iron Swords" war, Israel's Finance Minister, Bezalel Smotrich, and Defense Minister, Yoav Galant, have unveiled a comprehensive financial aid package aimed at supporting the nation's reserve officers and those affected by the conflict. This financial relief package, contingent upon government approval, includes a range of benefits to ease the economic burdens resulting from the war

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Nov 2, 2023

Ministry of Finance Unveils Compensation Plan for the Gaza War-Affected Businesses
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In a move aimed at providing crucial support to businesses grappling with the aftermath of the 'Iron Swords' war, the Ministry of Finance has released a memorandum of law outlining a compensation plan. The plan, designed to be swiftly legislated, is set to pave the way for grant applications as early as November 15th, with a primary focus on small businesses and self-employed individuals who have suffered significant economic setbacks due to the conflict

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Oct 30, 2023

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