In a post on X on Saturday, the Middle East Observer reported that Samsung Next will end its operations in Israel as the economy in the regime “suffers a downturn due to the ongoing war in Gaza.”
“The firm, which is the innovation branch of Korean company Samsung, announced to staff it was closing its operations in Tel Aviv, a regional tech hub,” the post read.
Also, many countries, celebrities and figures across the world, as well as international bodies, have condemned the massacre in Gaza and called for an immediate ceasefire there.
Since the beginning of the war in Gaza, over 33,000 Palestinians, mostly children and women, have been killed in the enclave.
The Israeli regime's economy has reportedly suffered $56 billion in losses since the onset of the genocidal war, according to Al Jazeera news network.
The occupying entity has also witnessed a severe budget deficit and an unprecedented increase in public debt.
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