Israel Financial News

rockets were fired at Israel from the blockaded Gaza Strip at dawn on Saturday as militants from the Palestinian enclave infiltrated Israel, with at least one person killed, the army and medics said. Rockets streamed across the sky repeatedly after the first launches from multiple locations across the Palestinian territory from 06:30 am (0330 GMT), AFP journalists in Gaza City reported. The outbreak of conflict follows months of surging violence in the Israeli-Palestinian conflict, with fatalities in the occupied West Bank hitting a scale not seen in years. Air raid sirens wailed across Israel's south and central areas, with the Israeli army urging the public to stay near bomb shelters. AFP journalists in Jerusalem heard multiple rockets being intercepted, with sirens blaring across the city on more occasions than in any Gaza conflict in the past three years. The armed wing of the Palestinian Islamist group Hamas said it was behind the aerial assault, claiming its militants had launched more than 5,000 rockets. «We decided to put an end to all the crimes of the occupation (Israel), their time for rampaging without being held accountable is over,» the Ezzedine al-Qassam Brigades said. «We announce Operation Al-Aqsa Flood and we fired, in the first strike of 20 minutes, more than 5,000 rockets.» Israel's military said Hamas launched «massive shooting of rockets», while at the same time «terrorists infiltrated into Israeli territory in a number of different locations.» Hamas «will face the consequences and responsibility for these events», an army statement said. A woman in her 60s was killed «due to a direct hit» in Israel, the Magen David Adom emergency services said. Fifteen others were wounded, two of them

Israel on Saturday morning declared a «state of readiness for war», amid a massive barrage of rockets from the Gaza Strip and infiltration into its southern area, killing at least one person and injuring 16 others.In a statement, the IDF (Israel Defence Forces) said that Chief of Staff Lt. Gen. Herzi Halevi is holding an assessment and approving plans of action.

Catch all the LIVE updates on the Israel-Palestine conflict here, The elusive leader of Hamas' military wing says the armed group has launched a new military operation against Israel.In a rare public statement, Mohammed Deif said that 5,000 rockets had been fired into Israel early Saturday to begin “Operation Al-Aqsa Storm." Israel also reported an infiltration from Gaza.“We've decided to say enough is enough," Deif said as he urged all Palestinians to confront Israel.More than 5,000 rockets were fired from the Gaza Strip into Israel on Saturday, Hamas' armed wing said, declaring it had started "Operation Al-Aqsa Flood"."We decided to put an end to all the crimes of the occupation (Israel), their time for rampaging without being held accountable is over," the group said.A man runs on a road as fire burns after rockets were launched from the Gaza Strip, in Ashkelon, Israel October 7, 2023A building is ablaze following rocket attacks from the Gaza Strip, in Tel Aviv, Israel October 7, 2023Barrages of rockets were fired from the blockaded Gaza Strip on Saturday, killing at least one person in Israel, an AFP journalist and medics said.Rockets streamed across the sky repeatedly after the first launches from multiple locations across Gaza at 06:30 am (0330 GMT), the AFP journalist reported.The Islamist movement Hamas launched the biggest attack on Israel in years on Saturday in a surprise assault that combined gunmen crossing the border with a heavy barrage of rockets from the Gaza Strip.Israel declared a state of alert for war Saturday as dozens of rockets launched from the Gaza Strip struck the country and militants infiltrated southern towns in an unprecedented move. Israel sent warplanes to strike back.

AFP journalist and medics said that at least one person had been killed in Israel. The early morning barrage lasted more than 30 minutes. Its sound could be heard in Haza and sirens wailed as far away as Tel Aviv, according to a report published by The Associated Press.

Israel Saturday morning, according to CNN. Earlier The Times of Israel reported that 5 persons were injuries, including one critically injured after Palestinian attackers in the Gaza Strip launched rocket barrages at southern and central Israel this morning, setting off air raid sirens in the country, Following the attack, red alert warning sirens were activated in Tel Aviv, located around 70 kilometres from the Gaza Strip, as well as, Sde Boker, Arad, and Dimona in the south. Residents living across these areas heard the massive explosions, according to The Times of Israel.

Fifty years ago this month, Arab members of the Organization of the Petroleum Exporting Countries cut off oil shipments to the U.S. in retaliation for American support of Israel during the 1973 Arab-Israeli War. The resulting energy crisis shocked the American people and rocked the economy.

Elon Musk to charge ‘small’ monthly payment from X users to combat bots, falling revenue According to a Bloomberg report, the new three-tiered subscription plan will the social media giant generate more revenue from users who would not have been likely to pay the full price of the premium subscription. Exciting news! Mint is now on WhatsApp Channels :rocket: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! More recently, Elon Musk had hinted in a conversation with Israeli Prime Minister Benjamin Netanyahu that X will start charging a small monthly payment from all users in order to eliminate the problem of bots.

Israel has quietly helped fuel Azerbaijan’s campaign to recapture Nagorno-Karabakh, supplying powerful weapons to the country ahead of its lightening offensive last month that brought the Armenian separatist enclave in its territory back under its control

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EJF Capital LLC, a global alternative asset management firm based in Arlington, Virginia, has successfully closed its EJF Ventures Fund LP with capital commitments amounting to approximately $104 million. The fund garnered support from both new and returning investors.

Elon Musk announced that X is planning to remove the headline and text while retaining just the lead image from links to news articles shared on the platform. Currently, news links come up on the timeline of users as "cards" along with an image, source address, and an abridged headline.

TEL AVIV—Israeli Prime Minister Benjamin Netanyahu’s big bet on sealing a landmark rapprochement with Saudi Arabia is running into a familiar problem: The Palestinians want land for giving their blessing to a deal, but Netanyahu’s coalition partners are adamantly against the idea. Talks have been in flux over economic incentives for the Palestinians to get on board with what would be a historic realignment in the Middle East.

Fireblocks, the crypto company backed by Sequoia Capital and Coatue Management, has acquired BlockFold, a Melbourne-based startup that helps financial institutions build blockchain-based systems, people with knowledge of the matter said.

Aakash Moondhra, global chief financial officer of Prosus-owned PayU, on Thursday said he has resigned from the payments firm, but will stay in post till September 30. Moondhra, who took to professional networking website, LinkedIn to share the news of his departure from the global fintech firm, called it the ‘end of an era’.

Germany and Israel have signed an agreement for Berlin to buy the sophisticated Arrow 3 missile defense system, designed to intercept long-range ballistic missiles

The Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland concluded a joint test of the cross-border trading and settlement of wholesale central bank digital currencies (CBDCs). Banque de France issued the report on Sept. 28. 

India's diplomatic relations, noted Pakistani author Ayesha Siddiqa suggests that the ongoing tensions with Canada over the Khalistani issue could be akin to India's «Israel moment.» Siddiqa's insights, shared in an article published on the UK-based website The Middle East Eye, shed light on the current state of affairs between the two nations. India's response to Canada's accusations of New Delhi's involvement in the murder of a Khalistani extremist on Canadian soil appears to be one of relative composure. Prime Minister Justin Trudeau's allegations, although serious, have not rattled India to an excessive degree.

After a short, sharp military campaign, Azerbaijan has claimed victory over separatists in the disputed Nagorno-Karabakh region. The territory, which was recognised as part of Azerbaijan but was controlled by Armenian separatists for decades, has been at the centre of a major geopolitical conflict for decades. Due to Azerbaijan's close ties with Pakistan, India has been strategically backing Aremnia via sales of military equipment.

The Circle: Founders Club (The Circle FC) unveiled the onboarding of ten high-potential Korean startups into the Korea Startup Center (KSC) India 2023 program. The Circle FC, a business accelerator for growth-stage startups, partnered with KISED to run this program for the second year in a row. This program is run across 8 countries including India, USA, Israel, France, Singapore, Vietnam, Finland and Sweden.

Gaza Strip have found dozens of ancient graves, including two sarcophagi made of lead, in a Roman-era cemetery — a site dating back some 2,000 years that archaeologists describe as the largest cemetery discovered in Gaza. Workers came upon the site last year during the construction of an Egyptian-funded housing project near Jabaliya, in the northern Gaza Strip. Since then, crews have worked to excavate the 2,700-square-meter (2/3 acre) site with the support of French experts. Now, what was once an inconspicuous construction lot — surrounded by a grove of nondescript apartment buildings — has become a gold mine for archaeologists looking to understand more about the Gaza Strip. Gaza, a coastal enclave home to some 2.3 million people, has a rich history stemming from its location on ancient trade routes between Egypt and the Levant.

India, Canadian Prime Minister Justin Trudeau may have picked up a battle with Israel by inviting an ex-Nazi to the country's parliament on the occasion of a visit by Ukrainian president Volodymyr Zelenskyy last week. Canadian House of Commons speaker Anthony Rota on Sunday issued an apology to the Jewish community for honouring Yaroslav Hunka, 98, who served in a Nazi division in Ukraine during the Second World War. The apology came after Canada's leader of opposition Pierre Poilievre pointed out Trudeau's «appalling error in judgment» as the prime minister's office is responsible for arranging and vetting all guests and programming for state visits. In a post on X, Poilievre said Liberals arranged for a Nazi veteran to be recognised on the floor of the House of Commons during Zelenskyy's visit and demanded an apology from thePM.