Israel
Tower jumps on Nvidia partnership for ultra-fast AI networking
Tower Semiconductor’s shares rose sharply after the Israeli chipmaker revealed a new collaboration with Nvidia focused on next-generation data-center networking.
Many international brands are boycotted like KFC © Mena Today
On a recent evening in Cairo, a worker cleaned tables in an empty McDonald's restaurant. Branches of other Western fast-food chains in the Egyptian capital also appeared deserted.
All have been hit by a largely spontaneous, grassroots boycott campaign over Israel's military offensive in the Gaza strip since the deadly Hamas attack in southern Israel on Oct. 7.
Western brands are feeling the impact in Egypt and Jordan, and there are signs the campaign is spreading in some other Arab countries including Kuwait and Morocco.
Participation has been uneven with only minor effects seen in Saudi Arabia and the United Arab Emirates.
Tower Semiconductor’s shares rose sharply after the Israeli chipmaker revealed a new collaboration with Nvidia focused on next-generation data-center networking.
Turkish state media reported on Friday that two Turkish nationals were arrested in Istanbul on suspicion of spying for Israel’s foreign intelligence service, the Mossad, a claim that could not be independently verified.
The case has sent shockwaves through Israel’s security establishment. The brother of the head of the Shin Bet has been charged with “aiding the enemy in wartime,” the public prosecutor announced on Thursday.
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