Israel Financial News

Netanyahu has described it as the «largest cooperation project in our history» that will «change the face of the Middle East, Israel, and will affect the entire world». The new economic corridor, which many see as an alternative to China's Belt and Road Initiative, was jointly announced on Saturday by the leaders of the US, India, Saudi Arabia, the United Arab Emirates, France, Germany, Italy and the European Union on the sidelines of the G20 summit in New Delhi. In a video message released late Saturday evening, Netanyahu said that Israel is at the focus of an unprecedented international project that will link infrastructure from Asia to Europe. «I welcome the statement that was released today by the United States, India, Saudi Arabia, the UAE and the European Union, as well as France, Italy and Germany,» Netanyahu said. «A good week to you, citizens of Israel.

earthquake that killed more than 2,000 people, as rescue teams raced to find survivors trapped in the rubble of flattened villages. The strongest-ever quake to hit the country has killed at least 2,012 people and injured over 2,059, many of them critically, according to the latest official figures. Friday's 6.8-magnitude quake struck 72 kilometres (45 miles) southwest of the tourist hub of Marrakesh, wiping out entire villages in rural areas. «I've lost everything», said Lahcen, a resident of the mountain village of Moulay Brahim, whose wife and four children were killed. Rescue workers recovered the bodies of Lahcen's three daughters from the rubble of what was once their home, but have not yet found the bodies of his wife and son. «I can't do anything about it now, I just want to get away from the world and mourn.» Troops and emergency services have scrambled to reach remote mountain villages where victims are still feared trapped. Al-Haouz province, where the epicentre of the earthquake was located, suffered the most deaths with 1,293, followed by the province of Taroudant with 452.First funerals Bouchra, another resident of remote Moulay Brahim village, dried her tears with her scarf as she watched men digging graves to bury the victims. «My cousin's grandchildren are dead», she said in a knotted voice. «I saw the devastation of the earthquake live, and I'm still shaking.

G20 Summit will give a global focus to the ancient Red Sea from India to Egypt, which he also mentioned in his new book called “The Golden Road". In a post on X (formerly Twitter), Willian Dalrymple said, “With the announcement today of the opening of an Indian-Middle Eastern Economic Corridor at G20, it looks the ancient trade routes up the Red Sea from India to Egypt that I am writing about in my new book, The Golden Road, and previewed here in @nybooks, will again become a global focus of economic and cultural exchange." In a book review named ‘Garum Masala’ in The New York Post, Dalrymple wrote, “In March 2022 a team of American archaeologists was excavating a temple of the Egyptian goddess Isis at the ancient site of Berenike, on the shores of the Red Sea in modern-day Egypt, when they stumbled across a series of remarkable finds." India-Middle East-Europe economic corridor including shipping and railway links will be launched soon.

G20 Summit update: India-Middle East-Europe' economic corridor including shipping and railway links will be launched soon. The first-of-its-kind economic corridor will be a historic initiative on cooperation on connectivity and infrastructure involving India, UAE, Saudi Arabia, EU, France, Italy, Germany and the US, reported news agency ANI. Biden, Indian Prime Minister Narendra Modi and European Commission President Ursula von der Leyen announced the project during the annual Group of 20 summit of the world's top economies.

President Joe Biden and his allies have outlined plans to create a rail and shipping corridor linking India with the Middle East and ultimately Europe

Israeli drama series 'Fauda' can rejoice as it's been officially confirmed that the show will be returning for a fifth season.

Joe Biden and Indian prime minister Narendra Modi are expected to announce the project as a part of the Partnership for Global Infrastructure Investment. The project, which is in line with president Biden's middle east strategy, will enhance connectivity, de-escalate conflict, and provide a counter for China's 'Belt and Road' initiative. This project, which will push commerce, energy trade, digital connectivity, high standards, will be executed in a transparent, non-coercive and sustainable way, Finer added.

G20 partners will unveil ambitious plans Saturday to bolster trade between India, the Middle East and Europe, the United States said — a modern-day Spice Route that could more closely bind three regions that account for about a third of the global economy. Washington, Saudi Arabia, the EU, UAE and others will sign an agreement on the sidelines of the G20 summit to explore a railway and port project to augment trade flows between Europe and India, officials said.Track all the live updates here The agreement comes with Washington actively engaging with Riyadh, a major oil producer and security partner, as it encourages the kingdom to normalise ties with Israel. Jon Finer, US deputy national security advisor, said the announcement came after «months of careful diplomacy, quiet, careful diplomacy, bilaterally and in multilateral settings». Finer said the plan could include shipping and rail transportation projects to «enable the flow of commerce, energy and data from here in India across the Middle East to Europe». This project «has enormous potential» he said.

The United Nations has doubled down on its pledge to revive stalled negotiations over the disputed Western Sahara in a visit to the region this week in which its top negotiator met with officials on all sides

Israeli authorities say they plan to reopen the main commercial crossing to Gaza after it was closed earlier this week, harming producers across the embattled territory

Weizmann Institute of Science in Israel created the complete models of human embryos from stem cells cultured in the lab — and managed to grow them outside the womb up to day 14. The research, published in the journal Nature, shows that these synthetic embryo models had all the structures and compartments characteristic of this stage, including the placenta, yolk sac, chorionic sac and other external tissues that ensure the models' dynamic and adequate growth. The stem cell-derived human embryo model «closely mimics the development of a real human embryo, particularly the emergence of its exquisitely fine architecture,» said Jacob Hanna, a professor at the Weizmann Institute of Science. The scientists did not use fertilised eggs or a womb. Rather, they started out with human cells known as pluripotent stem cells, which have the potential to differentiate into many cell types. Some were derived from adult skin cells that had been reverted to «stemness.» Others were the progeny of human stem cell lines that had been cultured for years in the lab, they said. The researchers then reprogrammed pluripotent stem cells to revert these cells to an even earlier state — known as the naive state — in which they are capable of specialising into any type of cell. This stage corresponds to day 7 of the natural human embryo, around the time it implants itself in the womb. The scientists divided the cells into three groups.

Joe Biden is en route to the G20 conference in New Delhi, India, where he is scheduled to hold discussions with Indian Prime Minister Narendra Modi and possibly meet with Saudi Crown Prince Mohammed bin Salman. The proposed multinational infrastructure deal holds significant strategic importance.

Apple released a significant security update for iPhones and iPads Thursday to patch newly discovered security vulnerabilities in the devices' system software

UFC 4, which hit PlayStation 4 and Xbox One three years ago, nears its end, stirring anticipation among fans for the next chapter in the series. EA Sports has been hinting at the upcoming installment on social media, and now we have confirmation about UFC 5.

Israel has closed the main commercial crossing in the Gaza Strip, effectively banning exports from the coastal territory after saying it uncovered explosives hidden in clothing being shipped to the occupied West Bank

Commonwealth Financial Network has announced the expansion of its Talent Exchange Initiative, which aims to connect skilled students from top universities that offer certified financial planning programs with the firm’s affiliated advisers.

Moshe Hogeg, a notable figure in the cryptocurrency sector and the former owner of Beitar Jerusalem FC, is now under intense scrutiny as Israeli police have officially recommended pressing charges against him. These allegations, which have been building over a two-year investigation, include fraud, theft, money laundering, and sex crimes.

PARIS (Reuters) — Cable and telecoms group Altice is nearing a deal to sell its data centres in France to Morgan Stanley Infrastructure Partners, Les Echos reported on Wednesday, as the group of French-Israeli billionaire Patrick Drahi rushes to free up cash.

Israel’s Police National Cyber Crime Unit reportedly conducted a massive investigation into a local company, uncovering a crypto scam where hackers stole millions using malicious software.

Israel Adesanya defends his UFC middleweight title against Sean Strickland. Adesanya reclaimed his MMA career by knocking out Alex Pereira at UFC 287. Now, he faces Strickland, who has only two losses since returning to the middleweight division in 2020. Here's what you need to know about the fight between Adesanya and Strickland.

TULKAREM, West Bank—When Palestinian security forces last week tried to remove barricades preventing Israeli soldiers from entering a refugee camp, local residents were incensed. A resulting gunfight between militants and Palestinian security forces ended with a 25-year-old man shot dead and a growing sense of resentment among ordinary Palestinians who see their government as inept, corrupt and, some say, a collaborator with Israel in occupying the West Bank.