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Start Up — 23
US Navy Rescues Hijacked Tanker in Gulf of Aden Amid Rising Tensions Due to Gaza war
428 Views Details

by Ifi Reporter

Category: Government

In a daring nighttime operation, the United States military announced that its destroyer, the USS Mason, successfully rescued the tanker "The Central Park" in the Gulf of Aden. The vessel, owned by the British company Zodiac Maritime and operated by Israeli billionaire Eyal Ofer, had reportedly fallen prey to an "unidentified force" in the strategically significant region

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Nov 27, 2023

 Elbit Systems Posts Robust Q3 Results Amidst Global Demand Surge: 11.3% increase in sales
908 Views Details

by Ifi Reporter

Category: Government

Elbit Systems presents good reports for the third quarter of the year, which it concludes with an 11.3% increase in sales compared to its sales in the corresponding quarter last year, which amounted to approximately 1.5 billion dollars. During the first nine months of the year, its revenues grew by almost 9% compared to the corresponding period and amounted to approximately 4.3 billion dollars

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Nov 28, 2023

The government approved a framework for 2023 Budget Amidst the war Tensions
735 Views Details

by Ifi Reporter

Category: Government

In a late-night session between Monday and Tuesday, the government gave the green light to the budget framework for 2023, despite facing opposition from key figures within its own ranks. Notably, Economy Minister Nir Barkat and several members of the original coalition, including prominent figures like Benny Gantz, Hili Trooper, and Gadi Eisenkot, voiced dissent

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Nov 28, 2023

Ceasefire between Hamas and Israel has been extended for the fifth day - 10 have been released
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by Ifi Reporter

Category: Government

In a significant development, the ceasefire between Hamas and Israel has been extended for the fifth day, leading to the release of abducted individuals, including a mother and her daughter. The release was part of negotiations involving high-ranking officials, including the heads of the Mossad and the CIA, who met with the Prime Minister of Qatar

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Nov 28, 2023

Dramatic Hostage Release: 12 Israelis Freed from Gaza After 54 Days in Captivity by Hamas
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by Ifi Reporter

Category: Government

In a highly anticipated turn of events, 12 Israeli hostages, including a 13-year-old girl, four boys, and seven women, have been released from captivity in Gaza. Families anxiously awaited their return for 54 days, enduring a nerve-wracking wait for messages that never arrived. The release marks a significant development in the ongoing hostage situation.

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Nov 29, 2023

Strauss Reports Recovery in Q4 Financial Results Following Setbacks: Net profit of NIS 120 million
1136 Views Details

by Ifi Reporter

Category: Financial

In the third quarter of this year, Strauss reported a notable increase in sales, reaching NIS 2.67 billion, marking a 7.3% rise compared to the corresponding quarter. However, the company's profitability is under pressure, with a net profit of NIS 120 million, significantly lower than the NIS 204 million in the third quarter of 2021

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Nov 30, 2023

Shekel Declines against the Dolar Amidst Escalating Tensions and Tragic Jerusalem Attack
540 Views Details

by Ifi Reporter

Category: Banking

Amid reports of an imminent end to the cease-fire and the tragic shooting attack in Jerusalem claiming three lives and injuring seven, the shekel experiences a downward trend today. The dollar responds by surging 0.9%, reaching approximately NIS 3.71, while the euro climbs 0.3%, trading near NIS 4.05

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Nov 30, 2023

 Tel Aviv Drops to 8th Place in The Economist's Latest Ranking of Most Expensive Cities
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Tel Aviv, once topping the list two years ago, has slid to the 8th position in The Economist magazine's latest ranking of the world's most expensive cities. Last year's third-place ranking now sees Tel Aviv sharing the spot with Copenhagen. The city's descent is attributed to the recent conflict in Gaza, affecting exchange rates and subsequently influencing prices. The survey, conducted between August 14 and September 11, revealed a global average price increase of 7.4% this year, slightly lower than the 8.1% jump in the previous year. Analysts express optimism about a potential slowdown...

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Nov 30, 2023

Tragedy Strikes Jerusalem: Hamas Terror Attack Leaves Three Israelis Dead and Ten Injured
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by Ifi Reporter

Category: Government

In a horrifying incident earlier today, two terrorists opened fire on civilians at a bus stop near the Givat Shaul intersection in Jerusalem, resulting in the death of three Israelis and injuring ten others. The attackers, identified as Murad and Ebrahim Namer, both residents of East Jerusalem aged 38 and 30, were swiftly neutralized by a combination of soldiers and a civilian present at the scene

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Nov 30, 2023

The Mossad Ends the Talks with Qatar as Ceasefire Deal with Hamas Hits Roadblock
1226 Views Details

by Ifi Reporter

Category: Politics

Mossad Chief Dedi Barnea has ordered his team in Doha to return to Israel after talks with Qatari mediators hit an impasse. The negotiations aimed to renew the ceasefire in the Gaza Strip and secure the release of hostages. The breakdown reportedly occurred due to Hamas refusing to fulfill its commitment to release all held civilians who are still alive

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Dec 2, 2023

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