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Recent remarks by public figures – both official and unofficial – in the Arab world signal a process of realignment in the Middle East, in which Israel is more accepted, and Iran is increasingly isolated. In a sign of warming ties between Israel and some Arab countries, Bahrain has backed the...

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MidEast

Tel Aviv’s trendy Rothschild Boulevard will welcome another high-end boutique hotel soon with the opening of Nobu Hospitality’s 17th global location. Nobu, founded in 2013 by chef Nobu Matsuhisa, actor Robert De Niro and Hollywood producer Meir Teper, engaged Canadian power couple Gerry Schwartz and Heather Reisman to develop a...

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Diplomacy

Israeli Prime Minister Benjamin Netanyahu met in Cyprus with Cypriot President Nicos Anastasiades and Greek Greek Prime Minister Alexis Tsipras, marking the fourth trilateral summit the three have participated in during the past two and a half years, The Jerusalem Post reported Tuesday. Among the topics the three leaders discussed...

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Diplomacy

Paraguay will be the third nation to move its embassy to Jerusalem, which it plans to do by the end of the month, following the leads of the United States and Guatemala, The Jerusalem Post reported Tuesday. Outgoing Paraguayan President Horacio Cartes is planning to attend the ceremony.   The...

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Diplomacy

Residents of the Gulf States who are allied with the United States expressed their support for President Donald Trump’s decision to withdraw from the 2015 nuclear deal with Iran, Reuters reported Wednesday. “Iran used economic gains from the lifting of sanctions to continue its activities to destabilise the region, particularly...

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Iran

Syria accused Israel of launching an airstrike against a military installation near Damascus overnight in which eight Iranians were allegedly killed, Ynet reported Wednesday. The reported airstrike targeted an installation in the Al-Kiswah region southwest of Damascus. Israeli is believed to have struck that base in December of last year. The...

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Israel

International Flavors & Fragrances of New York will acquire Frutarom of Haifa in a cash-and-stock transaction valued at approximately $7.1 billion, including the assumption of Frutarom’s net debt, the companies announced today. The combined company is expected to have approximately $5.3 billion of revenue in 2018. Following the close of...

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Diplomacy

Continuing a process that he began last October when he said that he would no longer certify the 2015 nuclear deal with Iran or Joint Comprehensive Plan of Action (JCPOA), President Donald Trump announced Tuesday that the United States would withdraw from the deal. In a short statement Trump laid...

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Iran

Ahead of President Donald Trump’s expected announcement that the United States will exit the 2015 nuclear deal, Iran’s rial reached record lows against the dollar, Reuters reported Tuesday. A website that tracks free market foreign exchange rates, Bonbast.com, had the rial selling 65,000 for a dollar. At the end of...

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Iran

Background The Iranian-controlled terror group Hezbollah and its political allies scored significant gains in Sunday’s parliamentary elections in Lebanon, the first to be held in nine years, according to preliminary results published on Monday. Hezbollah — and by extension, Iran — has achieved what amounts to complete political and military...

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