Articles

In the wake of the contentious decision by the Strauss company to halt its advertising on Channel 14, a storm of controversy has erupted, leading to a boycott backed by right-wing factions. Recent developments have taken a disturbing turn, with reports emerging that threats against the company's chairwoman, Ofra Strauss, have prompted the deployment of security personnel for her protection. This alarming situation has been brought to light by N12

Israel Chemicals Ltd (ICL), now known as ACL, has witnessed a tumultuous second quarter in 2023, grappling with plunging profits and a sharp decline in product prices. However, recent indicators of price stabilization and increased demand suggest a potential turnaround for the fertilizer and minerals producer. Since the commencement of the third quarter, ACL's stock has surged by 16%, hinting at a potential upswing in the company's financial results for Q3. This comes as a relief after the company faced a severe blow in Q2, when a precipitous fall in fertilizer prices and reduced...

Israel's flagship airline, El Al, is celebrating its 20th anniversary since its listing on the stock exchange by unveiling remarkable financial performance in the second quarter of 2023. The company's published reports reveal a substantial surge in profits and a strategic business roadmap geared towards fleet expansion and upgrading narrow-body aircraft

In a strategic move to bolster its cybersecurity offerings, global cybersecurity leader Check Point has announced the acquisition of Israel-based Perimeter 81 for $490 million. This acquisition marks the second-largest in Check Point's history and comes as a significant milestone for both companies. Perimeter 81, founded in 2018 by CEO Amit Barkat and Saghi Gidli, has rapidly established itself as a pioneer in providing advanced cyber protection for remote employees. With its innovative cloud-adapted technology, the company has carved a niche in safeguarding remote connections across...

Allenby Street, one of the bustling thoroughfares in Tel Aviv, has been shut down to vehicular traffic for an anticipated four and a half years, commencing this Friday morning. The closure is a pivotal step in the ongoing development of the purple line of the city's light rail system, with the long-term vision of transforming this segment into a pedestrian-friendly zone. However, the move has sparked frustration and apprehension among local residents and business owners who are apprehensive about the potential impact on their livelihoods

Recent revelations have sparked controversy over allegations that Pakistan's Federal Bureau of Investigation (FIA) and various police units have been using mobile phone hacking equipment from Israeli company Cellebrite for surveillance purposes. This development is particularly noteworthy given the absence of official diplomatic relations between Pakistan and Israel, which has led to the Pakistani passport bearing a notable exception to entry into Israel

In a show of ongoing defiance, protesters gathered in cities across Israel for the 32nd consecutive week to voice their dissent against the legal revolution that has shaken the nation's political landscape. Tens of thousands of demonstrators participated in the rallies, marking the continuation of what has become a defining weekly event in the country.

The cost of managing current accounts and holding credit cards saw a noticeable uptick in 2022, with the average expense per current account reaching NIS 26.9 per month, marking a NIS 2.3 per month surge from the previous year. This data comes from a recent periodic report that scrutinized the fees incurred by households and small businesses, issued under the oversight of the local banks

The Ministry of Education in Israel is grappling with a dire shortage of qualified teachers as the upcoming school year approaches. The situation, termed a "quality shortage" by officials, reveals a significant gap in professional educators, particularly in science, mathematics, and language subjects. Despite official reports highlighting a shortage of 2,800 teachers, the true deficit exceeds 30,000 teachers who possess appropriate training. This scarcity is set to disrupt schools, leading to class cancellations and overcrowded classrooms

Ministry of Economy and Industry faced difficulties in recruiting businessmen to accompany Minister Nir Barkat on his official trips to Vietnam and Singapore. The businessmen's reluctance stems from their protest against the government's recent coup d'état, of which Barkat's government is a part. Barkat's first stop is Vietnam, where he is scheduled to depart tomorrow for a four-day visit. During his stay in the capital city, Hanoi, he will actively participate in economic forum discussions, tour various industrial plants across the country, and partake in a celebratory reception at the...