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Airlines around the world are close to collapse due to almost total stoppage of flights around the world. On Tuesday, passenger traffic in the United States plunged 95%. About one hundred and thirty thousand passengers flew, a volume similar to the 1960s passenger movement. The situation in Israel is similar too. EL AL is close to collapse and the Finance Ministry has no willingness to assist the company as it requires. The Treasury rejected a request for aid of NIS 700 million. In spite of the controversy, El Al conducts Israeli rescue flights from around the world and supplies medical...

Mimecast which specializes in information security, announced that it has acquired Israeli start-up Solebit. The market estimates that the American company paid $ 88 million for Solebit for $ 88 million in cash. This is the third exit this month, after the deals in Daturma and Redkix. Solbit develops a platform that helps organizations deal with hackers and other cybercriminals using automated security solutions that prevent hacking into the organization. This is done by blocking the malicious code before it attacks the organization. Mimecast Limited announced that it has acquired Solbit,...

In a detailed economic review released on Monday, S&P Global Ratings assessed the financial risks posed by the escalating war between Israel and Iran, with a focus on the potential impact on regional economies, energy markets, and investor sentiment

Leading candidate for the post of CEO Mizrahi Tefahot, Vice President of the Bank Moshe Larry was officially appointed: Mizrahi-Tefahot Board of Directors today adopted the recommendation of the Detection Committee for the CEO position (chaired by the Chairman of the Board of Directors Moshe Weidman) and decided that VP And Finance Division Manager Moshe Larry will be appointed Mizrahi-Tefahot's next general manager. Weidman said: "The members of the detection committee were very impressed by Moshe Larry's many capabilities, his rich experience and significant contribution to the bank's...

"Minister Haim Katz will be prosecuted subject to a hearing on suspicion of tax evasion in the amount of NIS 2.2 million," Attorney General Avichai Mandelblit officially announced on Tuesday evening. According to the suspicion, Katz generated rental income from seven real estate properties, some of which are registered in his ownership and some of which were registered in the name of his family members. According to a statement from the Ministry of Justice tonight, the investigation material allegedly shows that between 2007-2018 Katz did not report his income from some of the seven assets...

Travel plans for thousands of passengers were disrupted once again as several major European airlines extended their suspension of flights to and from Israel, citing ongoing security concerns