IDF confirms ground operation underway in Lebanon

Israel-Lebanon border  credit: Shutterstock
Israel-Lebanon border credit: Shutterstock

The operation is said to be limited, and focused on dismantling Hezbollah's offensive infrastructure along the border.

The IDF Spokesperson’s Unit has confirmed that Israeli ground forces have begun limited, focused operations against Hezbollah targets in South Lebanon near the border with Israel. The IDF’s statement said that the forces were operating in accordance with an orderly plan drawn up by Northern Command and the General Staff, and that they had been training for it in the past few months. It also said that the ground forces were backed by the Air Force and by artillery attacking military targets in the area.

Israel’s Minister of Defense Yoav Gallant spoke to his US counterpart Lloyd Austin overnight. The Pentagon in Washington stated that the two agreed on the need to dismantle Hezbollah’s offensive infrastructure along the border in order to ensure that the terrorist organization will not be able to carry out attacks on Israeli border settlements such as Hamas did in the south on October 7 last year. Austin reiterated that a diplomatic solution was required that would enable civilians on both sides of the border to return to their homes in peace.

The commander of the IDF’s Egoz commando unit has also confirmed that it carried out covert commando operations across the Lebanese border in the past few months. "We began with operations with a low signature, and we are now entering upon a more substantial ground operation to return the residents of the north to their homes safely. This is a significant development. We have not operated on the ground in Lebanon since 2006. I have confidence in you, I’m proud of you, and I am proud to lead this unit," the commander said in an address to troops.

Published by Globes, Israel business news - en.globes.co.il - on October 1, 2024.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2024.

Israel-Lebanon border  credit: Shutterstock
Israel-Lebanon border credit: Shutterstock
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.

Ilya Sutskever credit: Cadya Levy SSI hiring dozens in Israel

AI company Safe Superintelligence is hiring many dozens of people in Tel Aviv, "Globes" has learned.

Johny Srouji credit: Amos Ben Gershom GPO Apple SVP leads senior delegation of execs to Israel

Jony Srouji: I am always filled with renewed energy and optimism about our shared achievements when I visit our R&D centers here.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Tel Aviv, Ramat Gan, Petah Tikva, Givat Shmuel, Tiberias and Dimona.

Infinity Tower Tel Aviv credit: Courtesy Hagag Group French investors buy 2 Tel Aviv apartments for NIS 27.5m

The two apartments are in Hagag Group's Infinity Tower in the Summeil district.

El Al plane credit: Shutterstock El Al receives state approval to distribute dividend

The Israeli airline has now announced that it will be able to distribute up to 30% of net profit in 2025 and up to 40% in 2026-2028.

groundcover founders credit: Yossi Yarom Israeli observability co groundcover raises $35m

groundcover has developed a “Bring Your Own Cloud” (BYOC) observability solution, redefining the architecture of a modern observability platform.

Tel Aviv Stock Exchange credit: Shutterstock MagioreStock Foreign investment in TASE hits five-year high

Foreign investors have been flocking to the Tel Aviv Stock Exchange in recent weeks, the TASE research department tells "Globes."

Elbit Systems tank turret systems credit: Elbit Systems Elbit Systems wins $100m tank turret systems deal

The Israel defense electronics company will supply its advanced UT30 MK2 unmanned turret systems to General Dynamics European Land Systems (GDELS) to be supplied to a NATO European country.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018