Category: Israel

  • Wizz Air cancels all Israel flights until January 2025

    Last month, the low-cost airline had the largest share of passengers passing through Ben Gurion Airport after Israel Airlines. For the first time since it began operating in Israel, low-cost carrier Wizz Air has announced a long-term cancellation of all flights until mid-January 2025. This is a dramatic announcement because…

  • Israel Under Fire From Hezbollah as Cross-Border Battle Worsens

    Breadcrumb links BMN Business Israel said a new barrage of missiles was fired from Lebanon a day after a Hezbollah drone strike killed four soldiers, as cross-border fighting intensified between the two sides. Article writer: Bloomberg News Dan Williams and Marissa Newman Posted on October 14, 2024 • 4 minutes…

  • Despite EU green light European airlines stay away from Israel

    Despite the decision of the European Union Aviation Safety Agency (EASA) to lift its recommendation against flying to Israel, European airlines are still reluctant to fly to Israel. Hungarian low-cost carrier Wizz Air has canceled all flights until at least October 23, and Polish airline LOT has postponed all flights…

  • Israel stocks higher at close of trade; TA 35 up 0.80% By Investing.com

    Investing.com – Israeli stocks rose after the close on Sunday, as gains in the stock sector pushed stocks higher. At the close in Tel Aviv, it rose by 0.80%. The best performers of the session were Kamtek Ltd (TASE:), which rose 6.98% or 2,080.00 points to reach 31,880.00 at the…

  • EU cancels recommendation not to fly to Israel

    The European Union Aviation Safety Agency (EASA) has withdrawn its recommendation against travel to Israel. This is a big step in the resumption of flights to Ben Gurion Airport by many European airlines in the coming days. Bluebird Airlines has already announced that it will resume its flights to Israel…

  • EU cancels recommendation not to fly to Israel

    The European Union Aviation Safety Agency (EASA) has withdrawn its recommendation against travel to Israel. This is a big step in the resumption of flights to Ben Gurion Airport by many European airlines in the coming days. Bluebird Airlines has already announced that it will resume its flights to Israel…

  • Oracle shelves plans to build data center in Israel

    The American technology giant Oracle (NYSE: ORCL) was one of the first companies to rent a powerful underground data center in Israel to provide its clients – banks, health funds and defense forces, with artificial intelligence processing, data management and information storage services. Even before Microsoft, Amazon and Google built…

  • Oracle shelves plans to build data center in Israel

    The American technology giant Oracle (NYSE: ORCL) was one of the first companies to rent a powerful underground data center in Israel to provide its clients – banks, health funds and defense forces, with artificial intelligence processing, data management and information storage services. Even before Microsoft, Amazon and Google built…

  • EU again insists airlines should suspend Israel flights

    The European Commission and the European Union Aviation Safety Agency (EASA) last night discussed and reaffirmed the recommendation for airlines not to fly to Israel until 31 October. After discussions, Air France announced that it would extend the cancellation of its flights to Israel until October 13, and Wizz Air…

  • EU again insists airlines should suspend Israel flights

    The European Commission and the European Union Aviation Safety Agency (EASA) last night discussed and reaffirmed the recommendation for airlines not to fly to Israel until 31 October. After discussions, Air France announced that it would extend the cancellation of its flights to Israel until October 13, and Wizz Air…

  • Exclusive-Stop Israel from bombing Iran’s oil sites, Gulf states urge US By Reuters

    Written by Samia Nakhoul, Parisa Hafezi and Bisha Majed DUBAI (Reuters) – Three Gulf sources told Reuters that the Gulf states are pressuring Washington to prevent Israel from attacking Iranian oil sites because they fear that their oil facilities will come under fire from Tehran’s proxies if the conflict escalates.…

  • Israel says eliminates Hezbollah ‘Golan Heights’ member, Syrian media report Israeli airstrikes By Reuters

    Written by James McKenzie and Taimur Azhari JERUSALEM/BEIRUT (Reuters) – The Israeli military said it had eliminated a member of the Hezbollah group in Syria who was transmitting intelligence against Israel in the Israeli-occupied Golan Heights, while Syrian media reported on Thursday that Israeli air strikes had hit targets in…

  • Israel is considering striking energy facilities in Iran – report

    Oil prices rebounded after an NBC report citing US officials saying Israel is considering striking energy facilities in Iran. An earlier Jerusalem Post report said they were only looking at military targets. The NBC report says: US officials said they did not believe Israel had made a final decision on…

  • Average monthly wage in Israel up 5.3% in August

    In August 2024, the average monthly wage in Israel reached NIS 13,138, an increase of 5.3% from August 2023, according to Central Bureau of Statistics reports. In August 2024, the average monthly wage in Israel reached NIS 13,138, an increase of 5.3% from August 2023, according to Central Bureau of…

  • Will Bank of Israel raise rate on Wednesday?

    The Bank of Israel’s Monetary Committee will announce its latest interest rate decision on Wednesday. The announcement was postponed for two days to avoid conflicting with the October 7 commemorations and the first anniversary of the start of the war. The consensus is that the Bank of Israel will not…

  • Israel stocks lower at close of trade; TA 35 down 0.23% By Investing.com

    Investing.com – Israeli stocks fell after the close on Sunday, as losses in sectors led shares lower. At the close in Tel Aviv, the index fell by 0.23%. The best performers of the session were Kamtek Ltd (TASE:), which rose 4.77% or 1,390.00 points and reached 30,500.00 at the close.…

  • Heavy strikes shake Beirut as Israel expands Lebanon campaign By Reuters

    Written by Maya Gebaili and Laila Bassam BEIRUT (Reuters) – The southern suburb of Beirut was hit by successive massive strikes late Saturday into Sunday, sending rumbles across the city and causing flashes of red and white for about 30 minutes that could be seen from above, Reuters witnesses said.…

  • European airlines offering affordable fares still flying to Israel

    With the European Union recommending airlines stop flying to Israel, North American airlines canceling flights weeks in advance, and Israeli airlines fully booked for holidays, there are still options for entering and exiting the country. The only exception is Arkia, which still offers one-way tickets from Athens to Tel Aviv…

  • European airlines offering affordable fares still flying to Israel

    With the European Union recommending airlines stop flying to Israel, North American airlines canceling flights weeks in advance, and Israeli airlines fully booked for holidays, there are still options for entering and exiting the country. The only exception is Arkia, which still offers one-way tickets from Athens to Tel Aviv…

  • Iran’s Missile Strike On Israel Shakes Crypto Market, Prices Plummet

    Bitcoin fell more than 6% early Tuesday as a result of the Iranian missile attack on Israel, which intensified. Tensions in the Middle East. Once the cryptocurrency market opened up, Bitcoin dropped to its current level, just under $61,000. Bitcoin It actually fell from around $62,200 earlier in the day,…