Economics

EU allocates €5 billion in military aid to Ukraine

The foreign ministers of the European Union states have reached an agreement to allocate an additional five billion euros in military assistance to Ukraine.

Budget approved, yet challenges linger: financial commission to review deficit

Next week, the Knesset Finance Committee will urgently address the issue of the state budget deficit.

IAI achieves record sales but warns of potential supply issues from Europe

IAI has released its 2023 financial report, revealing a 7% increase in sales to $5.3 billion and a significant 49% rise in profits to $318 million.

Sale of UAE share in Leviathan field put on hold, New Med Energy announces

New Med Energy has announced that negotiations for the sale of 50% of its shares have been terminated due to "a high level of uncertainty."

Israeli power engineers study Ukrainian experience to prepare for Hezbollah strikes: Kan-11

Israeli specialists have engaged in consultations with Ukrainian power engineers to learn from their experiences managing electrical facilities during Russian attacks.

Knesset approves budget for Office of Jewish National Identity

Knesset members approved the budget of the Office of Jewish National Identity via telephone vote.

Azerbaijan to acquire Israeli-made aerostat for advanced missile and aircraft detection

The Sky Dew high-altitude aerostat has a state-of-the-art long-range missile and aircraft detection system