Articles
Categories
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
Category: Capital Market
Discount Bank reported a modest increase in net profit for 2024, reaching NIS 4.3 billion, up 2.1% from NIS 4.2 billion in 2023. However, the bank's return on equity (ROE) declined to 14.2%, compared to 15.7% in the previous year. Despite the slight dip in ROE, the bank posted solid results, driven by strong performance in the fourth quarter
Mar 11, 2025
Category: Politics
A recent survey has revealed a significant decline in American support for Israel, with only 46% of adults expressing more sympathy for Israel over the Palestinians when asked, "Who do you sympathize with more?" This marks the lowest level of support Israel has seen in the 25 years the survey has been conducted and follows a similar downward trend seen in 2024, when support was recorded at 51%, tying with 2001 for the lowest ever recorded
Mar 11, 2025
Category: Politics
Prime Minister Benjamin Netanyahu has accused the head of Shin Bet, Ronen Bar, of conducting a "whole campaign of blackmail and threats" against him, following comments made by former Shin Bet chief Nadav Argaman. However, Netanyahu did not elaborate on the actions behind his accusations
Mar 13, 2025
Category: Health
An Israeli researcher’s recent report on her return to the University of Cambridge has raised alarm bells regarding Israel’s growing brain drain. Six years after completing her degree at the prestigious institution, the researcher found that the number of Israelis in Cambridge had quadrupled. This worrying trend poses the question: Is Israel’s intellectual brain drain intensifying?
Mar 15, 2025
Category: Government
Fighting between Israeli forces and Hamas has resumed after nearly two months of ceasefire, with the Israeli government launching extensive airstrikes against Hamas targets in the Gaza Strip. The Prime Minister’s Office confirmed that Prime Minister Benjamin Netanyahu and Defense Minister Yisrael Katz had instructed the Israeli Defense Forces (IDF) to take forceful action against the Hamas terrorist organization. The decision comes after Hamas refused to release hostages and rejected offers from U.S. President’s envoy, Steve Witkoff, and other mediators
Mar 18, 2025
Category: Hitech
In a groundbreaking deal, Alphabet, Google's parent company, has officially announced its acquisition of Israeli cybersecurity firm WIZ for $32 billion—$9 billion more than its initial offer from several months ago. This acquisition marks the largest ever made by an Israeli company, surpassing the previous record set by Mobileye’s $15 billion sale to Intel in 2017. It is also the largest deal in Alphabet's history, surpassing the $12.5 billion purchase of Motorola Mobility in 2011
Mar 18, 2025