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Despite the rate hikes, Israel's inflation rate stood at 5% in April, near a 14-year high and well above the government's 1%-3% annual target range.
The larger chunk of Micron's products flowing into China are being purchased by non-Chinese firms for use in products manufactured there, analysts say.
The company aims to provide access to cloud infrastructure to the growing technology ecosystem in the country.
The company's launch of The Nest will further enable Israeli start-ups to cut costs as they try to scale amid a hi-tech recession.
The company’s Netherlands-based facility is expected to convert up to 104,600 metric tons of waste into recycled thermoplastic.
The shipping giant Zim, under the control of businessman Idan Ofer, marks another dream year. In 2022, the company brought in 12.56 billion dollars and shows a net profit of 4.63 billion.
The UAE merely needs the security and safety that can ensure its stability and enable the Emiratis to pass on what they’ve achieved to the next generation. There could be no better ally for the US
The early-stage company is laying the foundation to broaden its reach throughout the US in the coming year.
The two countries have been increasing their business ties since 2014, and a looming Free Trade Agreement promises to strengthen them even further.
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