War on Gaza forces 46,000 Israeli businesses to close ...Kuwait

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War on Gaza forces 46,000 Israeli businesses to close
Around 46,000 businesses have been forced to close in Israel since the start of the war on Gaza on 7 October, Hebrew newspaper Maariv reported this week, adding that Israel is now "in collapse". The report states the ongoing war on the besieged enclave has hit the economy heavily, with many of the companies affected being small businesses. The CEO of an Israeli credit risk management firm under the name CofaceBdi told the Hebrew paper that other sectors have also been impacted. "…About 77 percent of the businesses that have been closed since the beginning of the war, which make up about 35,000 businesses are small businesses, with up to five employees, and are the mos

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