Ceasefire extended by two days

Red Cross ambulace with Israeli hostages credit: Reuters Ibraheem Abu Mustafa
Red Cross ambulace with Israeli hostages credit: Reuters Ibraheem Abu Mustafa

Another 11 Israeli hostages are being released today completing the 50 hostages promised during the four-day pause in fighting.

Israel and Hamas have agreed to extend the ceasefire by another two days, during which time 20 Israeli hostages will be released. In exchange Israel will release 60 more security prisoners to Judea and Samaria and allow more humanitarian aid into the Gaza Strip.

Hamas has already handed over the fourth round of 11 Israel hostages - nine children and two mothers - to the International Red Cross - who are transporting them to Israel. All the hostages being released today are from Kibbutz Nir Oz.

This brings to 50 the number of hostage released by Hamas since Friday in return for 150 Palestinian security prisoners. Hamas has also released an Israeli with Russian citizenship, at the request of Russian President Vladimir Putin as well as 18 foreign workers who were kidnapped on October 7th.

Published by Globes, Israel business news - en.globes.co.il - on November 27, 2023.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2023.

Red Cross ambulace with Israeli hostages credit: Reuters Ibraheem Abu Mustafa
Red Cross ambulace with Israeli hostages credit: Reuters Ibraheem Abu Mustafa
Minister of Finance Bezalel Smotrich credit: Shlomi Yosef Israel formulates measures to cut planned US tariff

Two delegations will fly to Washington for talks on the matter with proposals including cutting bureaucracy for US imports.

Ashkelon vacation home fetches unexpectedly high price

US buyers paid NIS 4.37 million for the 20th floor apartment overlooking the marina.

Igal Zamir credit: TAT Technologies Buoyant TAT Technologies "no longer under investors' radar"

The Israeli aerospace company's share price has risen 27.9% since the start of 2025.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Jerusalem, Beit Shemesh, Tel Aviv, Ness Ziona, Nahariya, and Netivot.

Zutacore cofounder and CEO Erez Freibach credit: Gal Bref, Moshe Filberg and Zutacore PR SoftBank teams with Israeli chip liquid cooling startup ZutaCore

The Sderot-based company has developed an innovative cooling technology that dramatically cuts energy costs for data centers.

Hearst Tower New York credit: Shutterstock Hearst Ventures shuts down Israel office

The closure is part of a global move to shut down offices outside the US, but the fund will continue investment in Israeli companies.

US President Donald Trump credit: Shutterstock US reciprocal procurement demands put Israel in a bind

Reciprocal procurement on major tenders injects billions of dollars into Israel every year and supports hundreds of local companies but Israel may need to relax them in exchange for US tariff cuts.

Israeli stocks on Wall Street credit Nasdaq, Raanan Tal, Itay Tagar, Space Cut design: Tali Bogdanovsky Despite turmoil, analysts bullish on Israel Wall Street stocks

After recent strong declines, analysts are tipping Israeli tech stocks, with relative immunity to recession and limited exposure to tariffs.

Intel's 2025 vision credit: Intel Will Intel's sell-off include Israeli assets?

After the sale of Altera, "Globes" considers whether the troubled chipmaker will sell Mobileye or its Kiryat Gat fab.

CloudShare management team credit: PR Bow River Capital buys Israeli co CloudShare

The Denver-based alternative asset manager is paying an estimated $60-80 million for the SaaS provider of AI guided solutions for complex technical training requirements.

Housing prices continue to rise   credit: Tali Bogdanovsky Israel's housing price rise riddle

Despite a huge inventory of unsold new homes in central Israel and weak sales, apartment prices are still rising. "Globes" analyzes the data.

Inflation  credit: Tali Bogdanovsky March CPI higher than expected, housing prices rise

The March reading brings annual inflation in Israel down to 3.3% from 3.4% at the end of February.

Ben Gurion airport credit: Tali Bogdanovsky Abundance of affordable last minute Passover flight deals

The return of foreign airlines to Israel has brought down fares dramatically even for last minute vacations.

Karish rig  credit: Eyal Izhar Kesem Energy signs gas deals worth $2.8b

The power plant, scheduled to begin operating in 2029, will buy gas worth $2 billion from Energean and a further $700-800 million from the Tamar partners.

Kosher for Passover Coca Cola bottles credit: social media Why are yellow cap Coca Cola bottles different from all others?

Nostalgic Coca Cola aficionados claim that the kosher for Passover version, made from sugar cane instead of high fructose corn syrup, is the genuine taste of the soft drink.

Avigdor Willenz credit: Intel Exclusive: Avigdor Willenz's Element Labs raises $50m

The Israeli startup is developing AI processors for inference, the stage in which AI models are activated after they have already been trained.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018