How is the war between Israel and Hamas affecting the Jewish state’s high-tech sector? According to Dr. Erel N. Margalit, Founder and Executive Chairman, JVP, Margalit Startup City, Israeli companies are proving their resilience. “We have seen crises before and it is important to understand that since the Israeli high-tech industry was built we have […]
Continue ReadingA fundamental shift must be made in national priorities, including mass reallocation of budgets, over 300 distinguished economists penned in an open letter on Monday addressed to Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich. In the letter, the economists expressed their concerns about the critical economic crisis facing Israel. They called for […]
Continue ReadingThe Israeli hi-tech sector is showcasing some resilience by remaining actively involved in significant acquisitions, even in the face of ongoing challenges, including the ongoing war between Israel and Hamas. Despite the difficulties and uncertainties that the region is facing, these companies are not only surviving but actively growing and expanding their global reach. […]
Continue ReadingLast weekend marks the third instance of emergency mode public transportation operations on Fridays and Saturdays since the start of the war. However, Transportation Minister Miri Regev faced severe criticism for initially withholding public transportation on Shabbat due to pressure from ultra-Orthodox parties, despite public demand. This delay hindered the timely arrival of IDF […]
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The UN chief’s visit comes as the crisis in the Gaza Strip enters its third week following the 7 October incursion by Hamas militants into Israel and Israel’s subsequent declaration of war. Late last week the UN adopted a resolution calling for a humanitarian truce, but the past few days have seen heavy bombardment and […]
Continue ReadingIn the face of ongoing war in the Gaza Strip, the Walmart Foundation has taken a strong stance in support of humanitarian efforts, pledging to donate $1 million to Magen David Adom to support the organization and its efforts to save lives. The company announced this move in a statement sent out on Friday […]
Continue ReadingExperienced hotelier David Tucker drives as usual early every morning from his home in Rishon Lezion to Jerusalem. His 620 room hotel complex is fully booked with 1,600 long-stay guests on a full board basis. Tucker is the general manager of Ramada by Wyndham Jerusalem Hotels and he is neither happy nor content. On […]
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Elbit Systems, one of Israel’s three largest defense companies, announced Sunday that it was awarded a $135 million contract to establish an artillery ammunition factory for an international customer. “The contract will be performed over a period of two years,” the company said. This comes after the company’s Swedish subsidiary was awarded a contract […]
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Elon Musk stated that the SpaceX-owned satellite internet constellation, Starlink, will support internet connectivity to internationally recognized aid organizations in Gaza in a post on X, formerly Twitter, on Saturday. “Starlink will support connectivity to internationally recognized aid organizations in Gaza. [ComStar],” Musk Wrote. Starlink will support connectivity to internationally recognized aid organizations in Gaza. […]
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A group of Israeli cyberhackers claimed over the weekend that they had hacked into the main project management system for oil infrastructure in Iran. According to WeRedEvils, which has been operating in a non-official capacity since the beginning of Operation Swords of Iron, the hacked system is responsible for supplying fuel and oil to […]
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