Image for representation purposes only Saudi Arabia has appointed Rear Admiral Abdullah bin Salem Al-Shehri as commander of a multinational maritime defence coalition formed to protect freedom of navigation and secure trade and energy routes in the Bab al-Mandeb Strait, the Red Sea and the Gulf of Aden. The Saudi Ministry of Defence announced the…
Iran has turned its ability to restrict commercial passage through the Strait of Hormuz into a potent economic weapon in the war imposed by the United States and Israel. IMF PortWatch shows that in the seven days ending August 2, an average of only about four ships per day passed through the strait, compared with…
A younger and higher-educated base was pivotal to Abdul El-Sayed’s Senate Primary win, an analysis shows. The CDC says a salmonella outbreak has spread to 27 states. And, how a head-turning trade by the Los Angeles Dodgers rocked MLB. Here’s what to know today. How Abdul El-Sayed beat the Democratic establishment in Michigan Abdul El-Sayed’s…
The horizon disappears. In every direction stretches an endless expanse of blue water. In the distance, the silhouettes of giant merchant ships can be seen waiting to enter Israel’s ports. About 98% of the goods entering the country arrive by sea, making maritime trade an economic, industrial and strategic lifeline for Israel. For the sailors…
Palo Alto Networks on Thursday began trading on the Tel Aviv Stock Exchange’s flagship equity indices, Tel Aviv-35 and Tel Aviv-125, which represent a new step in the company’s growing investment in the Israeli market. Palo Alto Networks is a US-based cybersecurity firm founded by Israeli entrepreneur Nir Zuk, which is currently dual-listed in both…
Geopolitical uncertainty has once again emerged as a dominant force shaping global financial and energy markets, with investors closely monitoring developments in the Middle East. Although optimism briefly surfaced after U.S. President Donald Trump claimed that the strategically vital Strait of Hormuz could soon reopen, conflicting reports from Iranian officials have tempered expectations. The mixed…
Israel will focus its development efforts on quantum computing and physical artificial intelligence, with the objective of becoming a leading nation in both areas, the Prime Minister’s Office National AI Directorate and the Finance Ministry Accountant General’s Department announced on Tuesday. According to the release, the focus will be on developing a “locally produced quantum…
The dismantling of ironSource inside Unity is nearly complete. More than four years after Unity acquired the Israeli technology company in a $4.4 billion merger that was billed as a transformational deal for the mobile gaming industry, one of ironSource’s last remaining businesses has changed hands once again. On Thursday, Tripledot Studios, a London-based mobile…
SadaNews – Israel and several Gulf states have been in talks for weeks to explore alternative routes for transporting oil and gas to global markets, bypassing the Strait of Hormuz and Bab El-Mandeb. These discussions include both immediate solutions and long-term projects, with American participation. This was reported by “Israel Hayom,” which noted…
Israel’s ambition to become a trillion-dollar economy is usually framed as a question of quantity: more venture capital, more innovation, more unicorns, more infrastructure, and more regional integration. Those goals matter, but they miss the deeper constraint. Israel does not primarily have an innovation problem. It has an institutional problem. The country is exceptionally good…
