Published by
Al-Araby
Al-Araby
Israeli defence company Elbit Systems has experienced a surge in share prices amid Russia’s invasion of Ukraine. Israel’s largest private arms company – repeatedly condemned by rights groups for facilitating the systematic killing of Palestinians – saw an 18 percent increase in shares over two days after Moscow attacked Kyiv, reported Haaretz. Experts predict profits will continue to soar following Sunday’s announcement from German Chancellor Olaf Scholz of a multi-billion dollar one-time sum injected into Germany’s military budget – a country that has historically purchased large numbers of …