Articles

In the wake of the ongoing conflict in the region, several Western fast-food chains, including McDonald's, KFC, and Starbucks, are facing a significant boycott across various Arab countries. The boycott, primarily driven by social media movements, has gained traction in countries such as Egypt, Jordan, Kuwait, and Morocco

In a joint effort by the Israel Defense Forces (IDF) and the Shin Bet, 13 abductees, including Israeli citizens, women, and children, were successfully transferred to Israeli territory. An elite unit of the IDF and the Shin Bet escorted the returnees, ensuring their safety and conducting initial medical assessments

A startling revelation has emerged from closed-door discussions at the Israeli Treasury, unveiling a budgetary shortfall of NIS 20 billion and a 10% reduction in tax revenues, raising concerns about the nation's fiscal health. The shocking findings are linked to the coalition agreements signed by the government with its constituent parties, which failed to account for the anticipated economic slowdown

In a closely watched decision, the monetary committee of the Bank of Israel has chosen to keep the country's interest rate steady at 4.75%, in line with most economic forecasts. This move, despite the ongoing war that has persisted for 52 days, sets the stage for a potential reduction in January 2024, marking the first decrease since the initial cut in April 2020 during the early days of the COVID-19 pandemic

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

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

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

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

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.

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