This decline mirrors the severity observed during the first month of the COVID-19 shutdown.
What was already a turbulent year for Israel’s economy is undoubtedly about to get worse — and the year’s rocky start could turn out to be a walk in the park by comparison.
The latest Melnick report gives one of the first concrete indications about the war’s effect on the Israeli economy.
“Now is the time to invest in Israeli hi-tech’s infrastructure”
The company reported good earnings in Q3, though the war’s effect on Q4 is a looming unknown.
The group, founded during Hamas’ October 7 attack, has launched a suite of cutting-edge aid technologies since the conflict began last month.
The group is the latest addition to a series of collaborative efforts within the tech industry since October 7 aiming to keep Israeli tech afloat as war with Hamas continues.
The Israeli telecom giant is expanding its global reach with the landmark acquisition of Roamability
A Jewish group filed a formal complaint that the name of the promotion and festive decoration was a little too similar to terrorist group Hamas.
Israel, which relies on seaborne trade for its economy, said last week it would provide compensation for ships damaged due to the war.
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