Latest news with #TheMarker
India.com
2 days ago
- Business
- India.com
Israel Iran war: Netanyahu is spending THIS amount every night to stop Iranian long-range ballistic missiles and..., Pakistan's economy is not even...
Israel Iran war: Netanyahu is spending THIS amount every night to stop Iranian long-range ballistic missiles and..., Pakistan's economy is not even... Israel Iran war: It is raining missiles on the skies of Israel and Iran. Israel is running short of Arrow interceptor missiles to defend against long-range ballistic missiles. According to a report, this shortage will put Israel's ability to deal with missile attacks at risk if the conflict with Iran continues. Israel's defensive interceptors cost a lot. After Iran's missile and drone attacks, reports of their stock decreasing rapidly have started coming. This is the reason why their cost has become a matter of great concern. Israel is spending crores of rupees every night to stop Iranian missiles. If comparison is done, small countries like Pakistan cannot even imagine this. Know here how much these defensive interceptors of Israel cost and how much it is spending daily to protect against Iranian missile attacks. Israel's multi-layered air defense system mainly consists of three interceptors: 1. Arrow system: Arrow interceptor missiles are designed to intercept long-range and very high-altitude ballistic missiles. These are most effective in intercepting Iran's ballistic missiles. These are the most expensive. The cost of an Arrow interceptor missile is said to be between $2 million and $3 million (approximately Rs 16.7 crore to Rs 25 crore). 2. David's Sling is meant to intercept medium to long-range missiles, such as large rockets and cruise missiles. An interceptor missile of the David's Sling system costs more than $1 million (approximately Rs 8.3 crore). 3. Iron Dome is designed to intercept short-range rockets, mortars and drones fired from Gaza by groups such as Hamas. The Iron Dome interceptor, known as Tamir, is relatively inexpensive. It can cost anywhere from $20,000 to $100,000 (roughly Rs. 16.7 lakhs to Rs. 83 lakhs) per missile. Some reports put the price at $50,000 to $150,000. Total cost comes up to… Israel's depletion of interceptor stock and cost impact Israeli financial daily 'The Marker' estimates that Israel is spending up to $285 million (about Rs 2,380 crore) every night to prevent Iranian missile attacks. This expenditure mainly includes the use of expensive interceptors such as the Arrow system.
India Today
3 days ago
- Business
- India Today
Israel low on defence missiles, interceptors cost $285 million-a-night: Report
Despite claiming major successes against Iran's military infrastructure, Israel is rapidly depleting its supply of long-range missile interceptors, raising alarm over the sustainability of its defence systems, the Wall Street Journal reported, citing a US official familiar with allied intelligence report came amid relentless missile exchanges between Israel and Iran. Since Israel launched Operation Rising Lion last Friday, Iranian forces have fired roughly 400 ballistic missiles — part of an estimated arsenal of 2,000 capable of reaching Israeli territory. Israeli defences, particularly the Arrow system designed to intercept high-altitude ballistic missiles, have managed to neutralise most incoming projectiles, but not without significant in Tel Aviv told WSJ that one-third of Iran's missile launchers have been destroyed and claim to have achieved air superiority over Iranian skies. Still, intelligence sources warned that over half of Iran's missile inventory remains intact, with a portion likely concealed in underground facilities. The cost of maintaining Israel's layered missile defence — comprising the Iron Dome, David's Sling, the Arrow system, and US-supplied Patriots and THAAD batteries — is becoming a critical concern. Israeli financial daily The Marker estimated that nightly missile defence operations are costing up to 1 billion shekels ($285 million). The Arrow system alone fires interceptors priced at $3 million Iranian missile barrages continuing almost daily, Israeli air defence stockpiles are now under severe pressure. Without rapid resupply from the United States or direct intervention, Israel can maintain its missile defence for 10 or 12 more days if Iran maintains a steady tempo of attacks, a source briefed on US and Israeli intelligence told WSJ. "The system is already overwhelmed. Soon, they may have to choose which missiles to intercept," the source strain is beginning to show. On Friday night, Iranian missiles evaded Israel's defences and struck near the IDF headquarters in Tel Aviv. On Sunday, a direct hit forced the shutdown of a major oil refinery near Haifa. And on Tuesday morning, verified social media videos captured multiple Iranian missile impacts close to Israel's intelligence compound north of Tel far, the Israeli government has confirmed 24 deaths and over 600 injuries since the latest escalation Israel's offensive strikes have reportedly dealt heavy blows to Iran's capabilities, including military bases, oil infrastructure, and nuclear-linked sites, the broader conflict now hinges on whether Israel can continue defending its skies without exhausting its most-advanced and expensive missile InMust Watch
Irish Examiner
13-06-2025
- Lifestyle
- Irish Examiner
Saturday with The Marker chef Gareth Mullins: "sitting down with friends and sharing a glass of wine is important to us"
07.00 I get up at around 7.30am and have a Nespresso. I try to catch up on a bit of administration work before I go into work at Anantara The Marker Dublin Hotel. I go in a little later on a Saturday than I do midweek when I leave the house at 5.30am. Midweek I'm in by 6am, I go to the gym and am down in the kitchen by 7.30am. 08.30 I'll drive down to the SuperValu in Swords to grab their sourdough bloomer and some fresh fruit and bacon so I can make breakfast for my wife and teenage children. 10.00 I'll head into work at around 9.30am or 10am to catch the end of the breakfast service. After that, we're getting ready for lunch. I like to stay at work on Saturday evening for the restaurant service, I'll make sure that all the deliveries have come in as they were supposed to and that the team is organised and getting ready for service. The breakfast team will be cleaning up and making sure everything is in order for Sunday morning which is very busy in the hotel. I'll also make sure that the team is all set for afternoon tea. 14.30 I have a bit of spare time in the afternoon and will go to the gym. I might run 5km, do some light weights, and have a sauna. Then I'll shower and shave and be down in the kitchen by 6pm. That hour I have to myself really sets me up in a positive mindset to run a busy service. It also shows the rest of my team, many of whom are younger than me, that being fit and active helps you think a bit clearer and make better decisions. I can't think of any negative sides to being fit and healthy. I've always had an interest in sport to some degree but, at a certain point in my career, I gained a bit of weight and was working excessively. I went to see a business coach who asked me to assess how I was spending my time. I had to identify something that I felt I was missing out on. That was physical fitness so I went to see personal trainer John Belton. 15.30 Saturday is the day I try to write my recipes and get more admin done. It tends to be the day when I have a bit more time for myself as there are fewer corporate guests staying in the hotel and fewer meetings. Food plays a huge part in my professional and personal life. I love to cook for family and friends. The recipes I'm creating for SuperValu are very different to those I create at the hotel. I'm very conscious of creating recipes that will suit busy lifestyles. I am working with the food leadership team and the product selection team at SuperValu to make sure that I think they're choosing the right products for the stores. Generally, Mondays are my day off from the The Marker and on Mondays I hone in on the other projects I'm working on including Euro-toque's Young Chef and Rising Star Pastry competitions. 16.45 I'll have a bite to eat in the staff restaurant. 17.00 We are across from the Bord Gáis Energy Theatre so obviously pre-theatre dining is a big thing for us. I'll be up in the restaurant kitchen from 5pm making sure the teams are ready for service. We serve until 10pm. When I leave work very much depends on how busy things are or on whether we have an event on in the hotel. We run four kitchens in the hotel so I'll also be keeping an eye on the bar service, room service and the rooftop bar and if there is banqueting taking place I will also be keeping my eye on that. I will often go out of the kitchen to speak to our guests. 21.00 I'll generally be home by around 8pm or 9pm. I'll sit down with my wife with a nice glass of wine to discuss the week. Catching up with friends is something we love to do on a Saturday. Fitness and eating well is a huge part of how we like to live but equally sitting down with friends on a Saturday night and sharing a glass of wine is important to us. One of our friends is a great musician so it wouldn't be unusual for a bit of a singsong to take place. 24.00 When I go to bed I'll go straight to sleep but I'll probably wake up at around around 5.30am. On a Sunday I'll try to lie there for a while but my body clock is set to get up early. Sundays for me are all about standing on the side of football pitches and having family over for a roast or a barbecue. Gareth Mullins is executive head chef of Anantara The Marker Dublin Hotel and the Forbes Street by Gareth Mullins restaurant at the hotel. As a SuperValu food ambassador, Mullins recently helped to launch the retailer's The Difference is Real programme. Read More Bernard O'Shea: 5 things I learned after watching the Adare Manor wedding go viral on TikTok
Saba Yemen
06-06-2025
- Business
- Saba Yemen
Due to Yemeni Forces' Blockade: Revenues from Israeli Port of Eilat Collapsed by 80% in 2024
Occupied al-Quds- Saba: The Israeli newspaper "The Marker" revealed that revenues from the port of Eilat collapsed by 80% in 2024, after ships stopped docking there following the blockade imposed by Yemeni forces on maritime navigation in the Red Sea in support of the Gaza Strip. The Israeli government will vote next Sunday on a draft resolution for compensation conditional on the payment of a debt of 3.2 million shekels accumulated by the port owners. The draft resolution reveals the extent of the damage to the port due to the blockade imposed by the Yemeni armed forces, which has prevented ships from sailing through the Red Sea, forcing them instead to circumnavigate Africa to reach Israel's Mediterranean ports, Ashdod and Haifa. From the beginning of 2025 to mid-May, only six ships docked at the port. The suspension of operations placed 21 employees on unpaid leave, compared to only 16 ships docked last year. In 2023, port revenues reached NIS 212 million. In 2024, they decreased by approximately 80%, reaching NIS 42 million, compared to 134 ships docking at the port in 2023. Whatsapp Telegram Email Print more of (International)
Middle East Eye
05-06-2025
- Business
- Middle East Eye
Arab states received 12 percent of Israeli arms exports in 2024 amid surge in arms sales
Israel's Ministry of Defence announced on Wednesday that arms exports by Israeli companies reached an all-time high in 2024, totalling $14.8bn. 'The unprecedented operational achievements, combined with the combat experience gained through Israeli-developed technologies during the war, have generated significant demand for Israeli defence systems among numerous countries,' the ministry stated, attributing the surge in exports to the ongoing military offensive on Gaza, which began in October 2023. According to TheMarker, arms exports rose by 13 percent compared to 2023, when exports stood at $13.1 billion. The 2024 figure represents roughly 10 percent of Israel's total exports of goods and services, according to data published by the outlet. This marks a record year for Israeli arms exports, which have more than doubled over the past five years; in 2019, total exports amounted to $7.3bn. Europe emerged as the primary destination for Israeli arms, accounting for 54 percent of total purchases – up nearly 20 percentage points from 2023, when European countries made up 35 percent of Israel's arms export market. New MEE newsletter: Jerusalem Dispatch Sign up to get the latest insights and analysis on Israel-Palestine, alongside Turkey Unpacked and other MEE newsletters In 2024, European states bought nearly $8bn worth of Israeli military products, compared to $4.6bn in 2023, according to the Ministry of Defence. Beyond Europe, another significant destination for Israeli arms in 2024 was the group of countries that normalised relations with Israel under the Abraham Accords. Combined arms sales to the United Arab Emirates, Bahrain, Morocco and Sudan reached $1.8bn – equivalent to 12 percent of Israel's total arms exports. In contrast, there has been a marked decline in exports to Asian and Latin American countries. In 2024, Asian nations purchased $3.4bn worth of Israeli weapons, down from $6.3bn the previous year. According to TheMarker, the drop is attributed to major arms deals signed in 2023 with India and Azerbaijan that were not repeated in 2024. The surge in arms exports comes amid Israel's ongoing military campaign in Gaza, now approaching its 20th month, which has resulted in the deaths of over 54,000 Palestinians and destroyed most of the Palestinian enclave. In recent months, Israel has faced mounting international criticism – particularly from European partners – over Gaza, including allegations of using starvation as a weapon of war and of committing genocide. Israel opposition leader says Netanyahu arming 'equivalent of Isis' gangs in Gaza Read More » A recent survey conducted in the UK found that a majority of the British public supports a full arms embargo on Israel. According to the poll, 57 percent of respondents backed a government-imposed embargo, while only 13 percent were opposed. On Tuesday, it was reported that the Spanish government had cancelled a $327m arms deal with Israeli defence company Rafael. The contract involved the purchase of offensive weaponry, including 168 firing posts and 1,680 anti-tank missiles. Yair Coles, head of the International Defense Cooperation Directorate, the Ministry of Defence division overseeing Israeli arms exports, told Israeli news outlet Ynet: 'We are facing a serious challenge. Members of parliament are openly calling for a halt to arms purchases from Israel because of the images coming out of Gaza, and this is having an effect. Today, customers are telling us this directly.' Coles added: 'Sales to France and the UK are very low. Two forces are currently at work: military establishments that want to buy the best equipment from us, and political forces holding back. I hope that necessity will prevail over politics.' A national achievement According to defence ministry data, nearly half (48 percent) of Israel's arms exports consist of air defence systems, missiles and rockets. Other categories, including military and armoured vehicles, radar systems, manned aircraft and satellites, each account for between 8 and 9 percent of total exports. Israeli human rights lawyer and arms trade monitor Eitay Mack told TheMarker that Israeli arms exports could rise further in 2025. 'Due to escalating tensions between India and Pakistan, we may see a spike in arms deals with India,' Mack said. 'Additionally, the effects of the increased security budgets in Europe – driven by shifting relations with the United States – will likely be felt only in 2025.' 'The world sees Israel's strength and wants to be part of it' - Israel Katz, Defence Minister However, Mack cautioned that some countries may shift away from Israeli weapons in favour of American arms as part of efforts to improve trade balances with the United States. 'In the context of the tariff war declared by [US President Donald] Trump, some countries may prefer to buy from the US rather than from Israel,' he added. Defence Minister Israel Katz praised the export figures, calling them a national achievement. 'In a year of war, under complex and difficult conditions, Israel has broken its all-time arms export record,' Katz said. He attributed the success to Israel's battlefield performance: 'This is a direct result of the IDF's and defence industries' achievements against Hamas in Gaza, Hezbollah in Lebanon, the Houthis in Yemen, the Ayatollahs' regime in Iran, and other enemies.' Katz added, 'The world sees Israel's strength and wants to be part of it.' Defence Ministry Director General Amir Baram echoed the sentiment. 'Israeli arms exports reflect, more than anything, a growing global appreciation for Israeli technology. Our systems have made a resounding impact across the Middle East over the past year,' he said. Coles also credited the collaboration between the defence sector and the military. 'The unique link between Israeli arms companies, the Ministry of Defence, and the IDF creates a distinct competitive edge in global markets,' he said. According to Coles, during the war in Gaza, Israel's defence industries demonstrated that they could 'meet the IDF's operational needs while simultaneously responding to growing international demand'.
