Eilat economic collapse: 35,000 evacuees struggle, unemployment soars

TEL AVIV — Hebrew media reports an "economic collapse" in Eilat (Umm al-Rashrash), with 35,000 previously evacuated residents now facing unemployment and business decline. Channel 12 notes a sharp rise in unemployment and a lack of assistance in Eilat. Simultaneously, Ma'ariv newspaper reports that the Tel Aviv Stock Exchange opened lower on Thursday. Eilat's challenges are compounded by Yemeni strikes targeting military zones of the occupation in the Umm al-Rashrash region, southern occupied Palestine, as announced by Yemeni Armed Forces spokesperson Brigadier Yahya Saree, Khaberni reported. It is worth noting that Eilat is situated on the Gulf of Aqaba in the Red Sea. Read more Region and World Jordan News Read More Houthi: Communication Stations Destroyed Following U.S. Airstrikes on Amran and Saada The Death Toll in Gaza Rises to 921 Since the Resumption of Israeli Aggression Israeli Media: "Israeli Army" Killed 300 Palestinians Last Tuesday, Mostly Women