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Category: Financial
Cybersecurity company Check Point has closed out 2024 with strong results, surpassing analyst expectations for both revenue and earnings. Under the leadership of CEO Nadav Tzafrir, Check Point reported fourth-quarter revenue of $704 million, a 6.5% increase year-over-year, and non-GAAP net income of $2.70 per share—outperforming the consensus estimates of $699 million in revenue and $2.65 per share in earnings
Jan 30, 2025
Category: Government
A series of conflicting statements regarding the continuation of a deal to release hostages held by Hamas have surfaced following a cabinet meeting in Israel on Tuesday. The issue has sparked political confusion and raised tensions ahead of the planned release of hostages on Shabbat
Feb 11, 2025
Category: Government
Sasha (Alexander) Tropanov, Sagi Dekel-Chen, and Yair Horn, who have been held captive by Hamas in Gaza since October 7, 2023, were released today as part of the sixth phase of the hostage deal. The three men arrived at the junction point in Khan Yunis, where they were handed over to the Red Cross before being transferred to IDF forces at the border for medical assessments
Feb 15, 2025
Category: Capital Market
In a move that could have significant consequences for civil society organizations, the Israeli government has advanced a bill to impose an 80% tax on donations from foreign political entities to non-governmental organizations (NGOs). The bill, sponsored by MK Ariel Kellner, passed the Ministerial Committee for Legislative Affairs and is set for a preliminary reading later this week, likely to be discussed in the Constitution Committee
Feb 16, 2025
Category: Hitech
A large-scale bomb attack was thwarted last night (Thursday) in Bat Yam, where three bombs exploded in buses across two separate parking lots, but remarkably, there were no casualties. Multiple police forces rushed to the scenes to investigate and track down possible suspects. In a stroke of luck, a fourth bomb was discovered in a bus near Wolfson Hospital in Holon and successfully neutralized
Feb 20, 2025
Category: Health
Border controllers of the Population Authority within the Ministry of the Interior announced on Friday that they would strike at border crossings, including Ben Gurion Airport, in response to a salary dispute. However, within two hours, the strike was canceled after the Histadrut, Israel's trade union, reached an agreement with the state to resolve the issue
Mar 1, 2025
Prime Minister Netanyahu Admits Military Secretariat Received Warning of Hamas Attack on October 7th
Category: Government
In a significant shift from previous statements, Prime Minister Benjamin Netanyahu confirmed this evening that his military secretariat had received a message on the night of October 7th indicating that Hamas was preparing for an attack. This is the first time Netanyahu has acknowledged the existence of such a message, contradicting earlier claims from his office that no warning signs had reached them
Mar 2, 2025
Category: Politics
In a groundbreaking achievement, the Israeli-Palestinian film No Other Country won the Oscar for Best Documentary at the 95th Academy Awards on Sunday night. The documentary, which has sparked significant controversy in Israel, presents a stark and powerful portrayal of life under Israeli occupation in the Masafar Yatta community in the southern Hebron Hills
Mar 3, 2025
Category: Capital Market
According to data released today by the Central Bureau of Statistics, the average salary for an employee position in Israel increased by 5.1% in 2024, reaching NIS 13,514 compared to NIS 12,863 in 2023. This growth significantly outpaced the consumer price index (CPI), which rose by 3.2% during the same period. However, this wage increase also has a downside for National Insurance benefits, which are linked to the CPI and are expected to be eroded by approximately 2%
Mar 4, 2025
Category: Financial
In a significant move for the Israeli medical technology sector, Boston Scientific has acquired the remaining 90% of shares in the Rehovot-based startup SoniVie for $360 million. The deal may increase by an additional $180 million depending on the achievement of certain milestones, a common arrangement in acquisitions within the field. This acquisition comes after Boston Scientific already owned a 10% stake in SoniVie
Mar 4, 2025
