Israel
Innovation fuels Israel’s economic strength
Fourteen months into the war, there are at least three signs that the Israeli economy still enjoys the confidence of investors.
Iran's missile production has not been disrupted following Israeli air strikes on the Islamic Republic on Oct. 26, Defence Minister Aziz Nasirzadeh was quoted as saying on Wednesday by state media.
An anti-Israel billboard is displayed on a building in Tehran, Iran, October 2, 2024. Majid Asgaripour/WANA (West Asia News Agency) via Reuters
Iran's missile production has not been disrupted following Israeli air strikes on the Islamic Republic on Oct. 26, Defence Minister Aziz Nasirzadeh was quoted as saying on Wednesday by state media.
On Monday, Israel's Defence Minister Yoav Gallant congratulated Israeli pilots for damaging Iran's production capabilities in airstrikes meant to respond to Iran's Oct. 1 missile barrage against Israel.
"Their supplies are now set, and this affects their calculus. Both their attack and defensive capabilities have been weakened," Gallant said.
Two American researchers told Reuters last week that Israeli air strikes hit buildings that Iran used for mixing solid fuel for ballistic missiles and that this "may have significantly hampered Iran's ability to mass produce missiles".
"The enemy has sought to hurt both our defensive and offensive systems but was not very successful because we had made arrangements and were in the know," Iran's defence minister said on Wednesday.
"The (production) knowledge is indigenous, so there is no disruption in the manufacturing process of missiles," Nasirzadeh said, also implying that a defence system may have been damaged in the attack as he said it was "replaced the day after".
Iranian state media also reported on Tuesday that Nasirzadeh said the country was still able "to carry a dozen more missile barrages" against Israel as seen on Oct. 1 and April 13.
Reporting by Dubai Newsroom
Fourteen months into the war, there are at least three signs that the Israeli economy still enjoys the confidence of investors.
The United Nations peacekeeping force in Lebanon (UNIFIL) called on Thursday for a timely Israeli withdrawal from south Lebanon, citing what it called Israeli violations of a Nov. 27 ceasefire agreement with Iran-backed Lebanese armed group Hezbollah.
Israel's ultranationalist security minister ascended to the Al-Aqsa mosque compound in Jerusalem on Thursday for what he said was a "prayer" for hostages in Gaza, freshly challenging rules over one of the most sensitive sites in the Middle East.
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