State-owned SOCAR manages Azerbaijan's oil and gas industry and the investment in Israel has major geopolitical implications and brings Israel and Azerbaijan even closer together diplomatically.
David Wolfin outlined Avino's ambitious five-year plan, which includes the development of a new mine in La Preciosa and the expansion of its existing operations.
As part of the 2025 budget tax package, the Knesset passed an amendment that expands and increases what is sometimes known as the “Rich Man’s Tax” on high-income taxpayers.
"2024 marked a transformative year for Teva, resulting in a second consecutive year of growth, driven by our generic products and key innovative products," said Teva CEO.
"Growth in Israel is relatively high and the deficit is expected to decline and is significantly lower than most of the Western world," said Mizrahi Tefahot regional financial advisor David Shelly.