President Herzog told the Globes Israel Business Conference that Israel has the ability to consolidate growth and prosperity, against all the odds, even after the hell of war.
Under the terms of the deal, Gilad will make an immediate payment of $60 million to Compugen with potential milestone payments of up to $890 million plus royalties.
55 ships have been routed away from the Red Sea over the past month but with major shipping companies now sailing around Africa, the number of ships rerouted is set to soar.
The Israel Securities Authority alleges that as chairman of the non-bank finance company, former finance minister Moshe Kahlon committed a range of offenses.