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Category: Start Up
The long-standing Alliance factory in Hadera, a key manufacturer of patented tires, will be permanently closed, Japanese multinational corporation Yokohama announced last month. The closure, set for December 31, 2024, follows a significant decline in orders, attributed to Israel's loss of its competitive edge in transportation, the company explained
Dec 22, 2024
Category: Government
The Israeli Ministry of Defense has signed a multibillion-shekel deal with Israel Aerospace Industries (IAI) to purchase a new stock of interceptors for the country’s Arrow missile defense system. The decision to procure additional interceptors comes after the system faced challenges in intercepting ballistic missiles launched from Yemen in recent weeks, including two significant failures. Despite these setbacks, the Ministry of Defense remains confident in the Arrow system's advanced capabilities and its crucial role in Israel's air defense strategy
Dec 24, 2024
Category: Government
In a shocking act of violence on Friday, Lyudmila Lipovsky, an 83-year-old woman, was stabbed to death in Herzliya, in what Israeli authorities are treating as a terrorist attack. The assailant, a 28-year-old West Bank resident, attacked Lipovsky at the entrance to an assisted living complex on Holocaust Martyrs Street where she lived
Dec 27, 2024
Category: Government
Prime Minister Benjamin Netanyahu underwent a successful prostate removal surgery on Sunday evening at Hadassah Ein Kerem Hospital in Jerusalem. The procedure lasted approximately two hours and was carried out under general anesthesia. The medical team described it as a success. Prof. Ofer Gofrit, Director of the Urology Department at Hadassah, confirmed that the surgery went as planned and that Netanyahu is in stable condition
Dec 29, 2024
Category: Government
Sergeant Yuval Shoham (22) from Jerusalem, an armored fighter in the 9th Battalion of the "Iron Footprints" (401) formation, fell today (Sunday) during a Givati attack in Jabaliya in the northern Gaza Strip. "The child is not us and I am I am I am coming. Yuval Shoham, our dearest beloved in Adam, was killed this morning in the Gaza Strip. Funeral details will be provided later," his family announced
Dec 29, 2024
Category: Financial
Delek Group, controlled by businessman Yitzhak Tshuva, has reached a significant agreement to acquire control of Isracard, Israel's leading credit card company, for a reported NIS 3.56 billion. The deal follows a previous agreement between Isracard and Menorah Mivtachim, valued at NIS 3.15 billion, which was ultimately canceled after Menorah chose not to improve its offer
Jan 5, 2025
Category: Government
The Chief Military Defense Attorney’s Office has confirmed a significant increase in the number of defense attorneys providing legal advice to soldiers and reservists regarding investigations related to the ongoing war. This surge in consultations is linked to multiple investigation mechanisms that have been put in place since the conflict began, including internal military probes and external audits
Jan 5, 2025
Category: Politics
A new proposal to change the composition of Israel's Judicial Selection Committee, unveiled Thursday by Ministers Yariv Levin and Gideon Sa'ar, has ignited fierce opposition from legal experts, civil society organizations, and opposition politicians. Critics argue that the proposed changes mark a significant step toward a political takeover of the judiciary and threaten the very foundations of Israeli democracy
Jan 9, 2025
IDF Chief of Staff Herzi Halevi Resigns: signals accountability but raises questions over leadership
Category: Start Up
The recent ceasefire in the Gaza Strip, along with the ongoing release of abducted Israeli citizens, marks a pivotal moment in Israel’s recovery following the October 7 attack. On Tuesday, IDF Chief of Staff Herzi Halevi and Southern Command Colonel Yaron Finkelman announced their resignations, signaling the end of their service in the Israeli Defense Forces (IDF)
Jan 21, 2025
Category: Health
Teva Pharmaceutical Industries has announced impressive results for its most promising innovative drug, Duvakitug, in treating colitis and Crohn's disease. The company revealed today that the drug achieved significantly better-than-expected outcomes in the second phase of clinical trials, outperforming a placebo in key efficacy measures. As a result, Teva's stock surged more than 15% in pre-market trading on the New York Stock Exchange
Jan 29, 2025