After two barren years, this week Elad Software Systems Ltd. filed a prospectus for the first IPO on the Tel Aviv Stock Exchange (TASE) of 2025 The IT services company was twice in the headlines over the past year due to breakdowns in its Chameleon medical file management system which is owned by Elad Tiran and the Trokman brothers - Yoash and Gideon is seeking to raise NIS 120 million from institutional investors in a non-uniform offer by issuing 25% of its shares at a company valuation of NIS 350 million Elad Systems was founded in 1982 and has about 1,250 employees The company operates primarily in the field of providing software services such as customer relationship management (CRM) systems and "design and user experience and development services in the digital field as well as providing training and professional courses in the fields of design and UI/UX." The company is managed by CEO Dagan Halevi and its chairman is Adiv Baruch the company reported a net profit of NIS 7.6 million on NIS 235 million revenue up 19% and 4.5% respectively from the corresponding period of 2023 The underwriting market estimates that Elad's offering may be the opening shot towards a return to a double-digit number of IPO offerings in the coming year IPO offerings have almost completely disappeared from the Tel Aviv stock market only five new companies joined the stock exchange (the securities trading company Meitav Trade after only one new company was issued in 2023 (Zaphyrus in the renewable energy sector) Published by Globes, Israel business news - en.globes.co.il - on January 9 © Copyright of Globes Publisher Itonut (1983) Ltd. the Elad foundation inaugurated the opening of a 730-meter-long zip line to the public in Jerusalem The zip line is located along the Armon Hanatziv Promenade stretching through the Peace Forest between Beit Shatz which borders the Jabel Mukaber neighborhood and the Elad foundation’s complex in the Peace Forest numerous governmental and municipal efforts were made to legitimize the project: represent a tourism activity intertwined with political interests aimed at allowing the foundation to become a powerhouse in Jerusalem’s tourism sector Elad seeks to control and manage numerous sites both in terms of the content delivered to the public and the shaping of the space Elad’s tourism activities can be seen as a form of “touristic settlement,” designed to make the area as “Jewish-Israeli” as possible and to complicate any future compromise agreement in Jerusalem where two capitals for two states are envisioned For more information, read here The name of Elad was absent from the construction notice © 2025 Peace Now | Sitemap | Accessibility Notice Design & UX: Matnas Interactive | Charts: Highcharts 2024Get email notification for articles from Hagai El-Ad FollowJun 19 2024"I would like to be remembered as the protector of Israel Protector of Israel," Prime Minister Benjamin Netanyahu once said in one of those quotes that have become iconic It was said in Netanyahu's preferred language – in English and overseas (at the World Economic Forum in Davos in January 2016) with a combination of arrogance and feigned humility Yitzhak Tshuva plans to convert an office building in Midtown Manhattan to residential condos Tshuva's privately owned real estate arm in the US Elad Group has bought an office building that includes a WeWork co-working office space which is undergoing bankruptcy proceedings Elad Group paid $72 million for the building The 20-floor building is at 419 Park Avenue and has 200,000 square feet (18,600 square meters) of space The report says that Tshuva plans to convert the office space to 100 luxury residential condos north of Madison Square and near the Empire State Building Manhattan's office market has been weak over the past two years due to the rise in interest rates to 5.5% the highest in more than a decade as well as the Covid pandemic which led to remote work and hit demand for office space This is not the Elad Group's first experience with condo conversions In 2004 the company bought the Plaza Hotel in Manhattan for $675 million and converted it into 180 luxury apartments which it sold four years later for $1.5 billion at a profit of $500 million Tshuva is the controlling shareholder (50%) in Israeli energy exploration and production company Delek Group Ltd. (TASE:DLEKG) after the share price has fallen 15% over the past year Published by Globes, Israel business news - en.globes.co.il - on August 26 Israeli left’s qualified moral scruples over Netanyahu’s carnage in Gaza David Grossman foresaw that the occupation would create an ‘iron fist of revenge’ blaming Netanyahu has been easier than confronting the full implications of the occupation In 1987 David Grossman published one of the most important works ever to have appeared in Israel on the Palestinian question: its Hebrew title was The Yellow Time an expression of indifference to the occupation In the same year it was adapted into a play The book documented Grossman’s travels through the West Bank It revealed to an indifferent Israeli public the sick violent reality of the occupation and warned that continuing to ignore it would lead to catastrophe Grossman’s book contains a special prophecy about the terrible wrath of 7 October 2023 When he hears the Hebrew title of the book – The Yellow Time – an Arabic expression comes to his mind – rih asfar the name of the catastrophe: ‘The wind will come from the gate of Hell … a hot and terrible east wind which comes once in a few generations and people seek shelter from its wrath in the caves and caverns those who have performed cruel and unjust deeds and the mountains will crumble into a powder which will cover the land like yellow cotton.’ A historical event such as an occupation or a war is to be understood not only from the perspective of the victory of the driving forces racism and authoritarianism and the right’s dominance in order to (…) A Variety of Move-In Ready Penthouses with Ocean Golf and City Views Now Available at ALINA Residences Represented by Claude Champagne of Champagne and Parisi Real Estate the buyer purchased Penthouse 903 at ALINA 210 While Penthouse 903 is the last remaining penthouse in ALINA 210 a variety of newly released penthouses are available at ALINA 220 the development's third building completed in January 2025 and city views and are priced from approximately $5.6 million to over $9 million ALINA penthouses feature nearly 11-foot ceilings and expansive indoor-outdoor living with one to four private terraces luxe details including morning bars in primary suites and multiple exposures for extraordinary natural light "We are thrilled to have sold Penthouse 903 at the boutique ALINA 210," said Jay Phillip Parker CEO of Douglas Elliman Florida Region and president of Douglas Elliman Development Marketing "ALINA has really set a new standard of penthouse living in Boca Raton with expansive floorplans designed for indoor-outdoor living Penthouse terraces feature unmatched views and come complete with a summer kitchen ideal for sunset cocktail parties in the heart of downtown Boca Raton." the move-in ready Penthouse 903 includes four private terraces offering breathtaking views of The Boca Raton golf course With 5,394 interior square feet and 1,206 exterior square feet of space the corner unit encompasses four bedrooms plus a den and private gym/sauna a morning bar and an expansive walk-in closet The generously sized primary suite includes a spa-inspired bathroom curated by Porcelanosa with porcelain floors and wet walls The European-designed kitchen offers an open layout state-of-the-art gourmet Gaggenau appliances All ALINA residents enjoy a curated selection of upscale amenities across the sprawling campus including two private rooftop pools his and hers spa facilities with dry saunas Private appointments can be scheduled at the sales gallery at [email protected] is approaching 85% sold and features a variety of available residences and floorplans. ALINA Residences comprises three nine-story buildings: ALINA 200 (121 residences which are completed and occupied) and ALINA 220 (152 residences received TCO its in January 2025) for a total of totaling 303 units Residences are priced from approximately $4.5 million to more than $9 million Douglas Elliman Development Marketing is the exclusive sales and marketing team for ALINA Residences About ALINA ResidencesBoca Raton Developed by El-Ad National Properties ALINA Residences Boca Raton is a world-class residential destination featuring resort-inspired amenities with a focus on wellness and accented by indoor and outdoor art installations Designed by architects garciastromberg and brought to life by Moss Construction ALINA Residences phase one (ALINA 200) was completed in March 2021 as a nine-story which is comprised of two new residential buildings (ALINA 210 and ALINA 220) is nearing 85% sold ALINA 210 received its temporary certificate of occupancy (TCO) in summer 2024 and ALINA 220 received its TCO in January 2025 With sales and marketing led by Douglas Elliman Development Marketing residences in the three towers will range from one to four bedrooms and span from 1,400 to over 5,400 square feet with many featuring dens and private terraces that overlook the iconic The Boca Raton golf course Residences are priced from approximately $4.5 million to over $9 million Media Contact:Durée & Company, Inc.954.723.9350 / [email protected] Do not sell or share my personal information: Frisco ISD had eight candidates for the May 2025 school board election She joined Community Impact in June 2022 as the reporter for Grapevine Hannah holds a degree in journalism from the University of North Texas and began her journalism career at the North Texas Daily Police Master Sergeant Elad Yaakov Winklestein who was murdered in a shooting attack near Kedumim in Samaria was laid to rest on Monday in the Mount Herzl Police Cemetery in Jerusalem He the police since 2020 as a youth investigator at the Ariel Police Station He was posthumously promoted from Sergeant to Master Sergeant Police Commissioner Danny Levi eulogized: "As he traveled down Route 55 Elad was shot from short range by evil terrorists I promise that the State of Israel will settle the score with these lowly murderers "Our enemies do everything to harm the sense of security of the citizens of the State of Israel the officers of the Israel Police pay with their lives." 2024Get email notification for articles from Hagai El-Ad FollowMay 13 the truth was already abundantly clear in 1955: "They treat the Arabs in a way that in itself would be enough to rally the whole world against Israel," wrote Hannah Arendt '#' : location.hash;window._cf_chl_opt.cOgUQuery = location.search === '' && location.href.slice(0 location.href.length - window._cf_chl_opt.cOgUHash.length).indexOf('?') !== -1 '?' : location.search;if (window.history && window.history.replaceState) {var ogU = location.pathname + window._cf_chl_opt.cOgUQuery + window._cf_chl_opt.cOgUHash;history.replaceState(null "\/author\/elad-israeli\/?__cf_chl_rt_tk=9r9n17bFS.EcTxjU.JJj8vtbDFPledvxcGyiC83yIDw-1746528352-1.0.1.1-76D8fNTqtMuql9wHEFCeG9jQnb2S2pweTmE23VsZMog" + window._cf_chl_opt.cOgUHash);cpo.onload = function() {history.replaceState(null ogU);}}document.getElementsByTagName('head')[0].appendChild(cpo);}()); During the government meeting held in the Western Wall Tunnel to commemorate Jerusalem Day the government approved the third phase of the “Shalem” program for the exposure of ancient Jerusalem with a budget of 41 million shekels for two years Whilst the decision stated that the budget is intended for the Israel Antiquities Authority all the projects funded by the budget are connected to initiatives of the Elad settler organization in East Jerusalem The government’s decision approves the transfer of 41 million shekels to the Antiquities Authority for the purpose of ongoing research and accessibility of ancient Jerusalem sites with 27.5 million shekels allocated for 2023 and 13.5 million shekels for 2024 When examining the work plans of this decision it is evident that almost all the initiatives are under the responsibility of the Elad settler organization in the Silwan neighborhood and the Ben Hinnom Valley the “Second Temple Way” excavation project includes excavations of tunnels in the Silwan neighborhood and other initiatives that are all within the scope of responsibility of Elad or connected to the initiatives promoted by this settler organization part of the budget is allocated to increasing the number of visitors to “Ancient Jerusalem.” the term “Ancient Jerusalem” is another name for the City of David site this implies that many more students and soldiers will visit educational programs at Elad’s sites Background on the “Shalem” Program: The “Shalem” program was announced by the Netanyahu government during the cabinet meeting held in honor of Jerusalem Day in 2017 and develop the sites of ancient Jerusalem tens of millions of shekels have been allocated for the development and excavation of the Old City Basin the Israeli government celebrates Jerusalem Day by transferring funds to settlers in East Jerusalem The cabinet meeting in the Western Wall tunnels is a direct continuation of the hate march we witnessed last week on Jerusalem Day Both of these actions are intended to increase hostility and hatred between Israelis and Palestinians in the city rather than finding a peaceful solution between the peoples.” For travel to the United States on a temporary basis For foreign citizens who want to live permanently in the United States The Visa Waiver Program (VWP) allows citizens of participating countries* who meet all requirements to travel to the United States without a visa for business or pleasure for 90 days or less Learn more about quality higher-education opportunities in the U.S that you will not find anywhere else in the world Find the closest American Space in Jerusalem where you can connect with the U.S We vehemently condemn the terrorist attack in Elad which killed at least three and wounded many others This was a horrific attack targeting innocent men and women and was particularly heinous coming as Israel celebrated its Independence Day Our hearts are with the victims and loved ones of those killed and we wish those injured a speedy recovery We remain in close contact with our Israeli friends and partners and stand firmly with them in the face of this attack May the memory of those who passed be a blessing By | 8 May, 2022 | Topics: Former U.S. Government Leaders, News, Press Releases We use cookies to make our website work better and improve your experience "\/one-year-out-a-personal-look-at-israels-war\/?__cf_chl_rt_tk=STido_uI09GhS1U50nctRlsmiebzZXXpM_qthQM0Wao-1746528359-1.0.1.1-iPv_pcEQOdaAeWejPHfR8JUvKBpS5u36w7BeqfN0WXw" + window._cf_chl_opt.cOgUHash);cpo.onload = function() {history.replaceState(null with a decision likely to be made on Monday Yet the Sumarin case is only the tip of the iceberg revealed here on +972 Magazine for the first time alongside other historical documents and interviews held in recent weeks and fruitful cooperation between the two organizations that goes as far back as the 1980s which included personal handwritten letters and contracts shows the JNF willingly granted Elad the right to pursue cases on its behalf — resulting in the taking over of various properties in Silwan “Nothing was done in secrecy,” the report’s author told +972 last week The JNF participated in these proceedings through its subsidiary which purchased a number of properties in Silwan from the Custodian of Absentees’ Properties Hemnutah began working to evict Palestinian families from these homes titled “A Review of City of David (Silwan) Jerusalem.” The report’s author was the JNF’s real estate department director who retired from the organization around 20 years ago and has since been practicing law in Israel who has unique expertise and experience regarding properties in such areas says that the JNF still hires his services and consults him on a regular basis Haleli’s 1998 report describes in detail the close relationship between JNF and Elad that began in the mid-1980s “It was clear to all of the involved [parties] that eventually the organization [Elad] will request to use the JNF’s property in the area and live there as protected residents,” wrote Haleli (function() { var scribd = document.createElement("script"); scribd.type = "text/javascript"; scribd.async = true; scribd.src = "https://www.scribd.com/javascripts/embed_code/inject.js"; var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(scribd a hand-written letter sent by Elad founder Be’eri and current executive director in 1985 reveals the depth of the budding relationship Haleli,” wrote Be’eri a year before he officially established Elad “We became aware of Jewish ownership of JNF on land plots in Shilo Village [Silwan].” Several of the plots as highly valuable.” Be’eri then offered to “volunteer” to promote the goal of obtaining those properties Be’eri sent another letter to JNF CEO Shimon Ben Shemesh discussing his commitment to assist in locating properties for takeover in Silwan That letter dealt with a specific plot of land “We believe this is the time to act urgently using legal manners… to ensure the land is given to its legal owners [JNF].” Be’eri ended the letter by agreeing to take care of the costs of the case The report describes the first instance of cooperation between Elad and the JNF in 1986: a court request filed by Hemnutah to evict a Palestinian family in coordination with Elad’s attorney The report notes that the primary resident agreed to be evicted and that the lawsuit was only filed so “his neighbors will think he was forced to leave;” Haleli added that Elad had also paid compensation to the Palestinian family Elad’s lawyer provided the JNF with pro bono legal assistance The report also refers to a memorandum of understanding (MOU) between the two organizations signed prior to the legal cases Hemnutah agreed to let Elad lease properties whose Palestinian inhabitants would be evicted “Of course there was no conflict of interest between the sides,” Haleli asserted in the report He further explained that the rent Elad would pay to the JNF will be deducted from the money that the former had already invested in its eviction proceedings Haleli was clearly aware of the sensitivity of this cooperation writing in the 1998 report that “we have warned Elad to not provoke” residents in the area in order “to avoid criticism of Hemnutah and the JNF.” For that reason the JNF “supported the idea of Arabs from Southern Lebanon temporarily residing in the evicted properties… for various reasons we had to give up this plan.” Haleli then added that he was aware that there were conflicting opinions about the JNF’s activity in the area while the opposing side presents JNF as a group that “strips Arabs of their properties.” Haleli’s assessment was that neither side was right “The JNF operates as a Jewish National Zionist organization aiming to secure the land for the people of Israel for eternity It is done according to Israel’s laws without jeopardizing the right of any resident Arab or Jewish… I believe the way we operated in the City of David needs to be applauded,” he concluded The 1998 report is reportedly not the last to be written by the JNF on its relationship with Elad From conversations held last week with two senior JNF members we understand that an updated version of Haleli’s report was produced in 2010 JNF did not respond to +972’s questions on the matter nor a request to receive a copy of the updated report Neither the JNF’s nor Elad’s spokespeople responded to +972’s requests for comment The Jerusalem District Court’s ruling led to massive public outcry and pressure among liberal supporters and donors of the JNF to reverse the eviction Yet not everyone among the JNF leadership is keen on seeing the Sumarin family thrown out of their home In August, as part of the Sumarins’ latest legal proceedings, Hemnutah submitted to the Supreme Court a letter written in 1991 by Elad founder David Be’eri to the JNF subsidiary. The letter, which was first revealed in the BBC documentary about Elad [and to which the author of this article contributed] Be’eri listed various land plots in Silwan and wrote that “[w]e will handle the eviction from the properties of their current holders we will pay all legal fees and all payments to the holders whether in a legal settlement or by court order.” A Hemnutah stamp confirms the organization’s approval of the letter’s contents in which he requested that Atar involve himself in freezing the proceedings against the Sumarin family over concerns that the eviction could adversely affect the JNF’s image Sperber writes that a legal opinion prepared by the JNF counsel did not provide satisfactory answers regarding a “number of aspects about the relationship between Hemnutah and Elad vis-a-vis the [Sumarin] property.” This includes Elad’s “commitment to Hemnutah regarding the property,” the “authority of the parties that have undertaken a commitment on behalf of Hemnutah,” and the “possible impairment of Hemnutah’s independent discretion vis-a-vis the property in question due to the involvement of Elad in the legal proceedings and its financing create a “structural conflict of interest.” Hemnutah’s board was expected to vote on a draft resolution brought by Sperber to both freeze all activities in the case against the Sumarins and to replace the Elad attorneys handling the case on Hemnutah’s behalf +972 reached out to Ze’ev Scharf & Co the firm representing Hemnutah in the Sumarin case However, the board meeting was postponed the day before it was set to take place after Nachi Eyal, one of Hemnutah’s board members, submitted an appeal to the Jerusalem District Court against the draft resolution. In his statement to the court, Eyal, the founder and director of the Legal Forum for Israel and a candidate for the New Right party in previous Knesset elections claimed the resolution is illegal and was submitted in a rush; Eyal argued that the meeting was set under short notice and that Sperber initiated it because he could potentially lose his chairmanship in the board elections for the World Zionist Organization set for Tuesday The court accepted Eyal’s petition In a conversation +972 held with JNF chair Atar to vote on the eviction freeze and the lawyers’ removal Elad’s Be’eri sent an angry letter to Sperber and Atar last week in which he strongly criticized Hemnutah and its head We have invested “a fortune” in the Sumarin case and the rights to handle the case were given to Elad — rights Be’eri further stated that any decision that Hemnutah and JNF will make vis-a-vis the Sumarin case must involve Elad He also claimed that Sperber was associating himself with extreme left-wing groups and supporters of the Boycott David Be’eri’s letter to Sperber and Atar: The political faith in Sperber and Atar, who represent the ostensibly liberal wing of the JNF (Atar is a former Labor Knesset member who won the endorsement of Blue and White party head Benny Gantz), will be put to the test on Tuesday, October 20, when the World Zionist Congress convenes remotely to choose its new representatives The WZC selects the leadership of various Zionist groups, including the World Zionist Organization, the Jewish Agency for Israel, and the Jewish National Fund. Whether or not Sperber and Atar remain in power will be determined by the kind of coalition formed by the WZC’s various parties, which is usually agreed upon in advance. According to the Jerusalem Post Atar faces a major challenge for his position by the World Likud slate which previously split but has reconciled in the run-up to coalition talks is likely to come from Avigdor Liberman’s right-wing Yisrael Beiteinu party I asked why his decision to freeze the Sumarin eviction was only brought before the board on the eve of the elections Sperber said he only found out about the contract between Elad and JNF earlier this year and has been trying to deal with the issue ever since but admitted it is not clear whether either Atar or Sperber will maintain their positions after the elections Sperber talked about the Sumarins’ campaign and expressed hope that it would affect the Israeli Supreme Court’s decision over whether to hear the family’s appeal It became clear during our conversation that Sperber is banking on the court to solve Hemnutah’s conundrum by taking the family’s case But Sperber also made clear that the JNF will not give up the rights to the Sumarin property “We have no right to [relinquish] it,” he said explaining that the Jerusalem District Court has deemed the house property of Hemnutah “We could not do so for the sake of a Reform Jew or an East Jerusalem Palestinian,” Sperber said is to vote to freeze the implementation of the court verdict And what if a future board decides to revoke that freeze Peace Now’s Hagit Ofran says “the JNF must immediately cut all connections with the Elad settler organization and let the Sumarin family live peacefully in its home.” said he only found out about the agreement between JNF and Elad two weeks ago “We are trying to somewhat stop this and cancel the agreement we will do it right after the [WZO] congress” as Elad has paid for 30 years of the legal battle against the Sumarins It doesn’t make sense to me that you only learned about this two weeks ago We found out by coincidence… during a discussion Sperber had with the lawyers… they argued and we realized it doesn’t make sense that they will use our name and won’t do as they are told by us.” it wasn’t the first court hearing on the Sumarin family that took place during your role as JNF chairman Those are not things I am dealing with on a daily basis and they were not on the agenda until Matityahu [Sperber] brought them up.”  The relationships between the organizations are not new What do you think about what you learned in recent weeks about the relationship between Elad and JNF Absolutely… We are studying this [relationship] now and our legal department is looking into it It is not the only thing we are working on fixing.” Why did you wait until the last minute to deal with this Is it maybe possible you are acting now because of the upcoming elections Avoiding this extra tension during these times would have been much better for me.”  And say you managed to let go of Elad’s lawyers “Our legal department will look into [Elad’s] ‘protected residency’ status The court already decided that the Sumarin house belongs to the JNF would you retract the petition to court to evict the Sumarin family but I am not sure evicting them is worthwhile for us We will have to find a different solution… according to what the law allows.” Will you publish a report about the relationship with Elad When we will finish handling the case we will publish it all.” Uri Blau is an Israeli-born investigative journalist with over 20 years of experience exploring political corruption Our team has been devastated by the horrific events of this latest war The world is reeling from Israel’s unprecedented onslaught on Gaza inflicting mass devastation and death upon besieged Palestinians as well as the atrocious attack and kidnappings by Hamas in Israel on October 7 Our hearts are with all the people and communities facing this violence We are in an extraordinarily dangerous era in Israel-Palestine The bloodshed has reached extreme levels of brutality and threatens to engulf the entire region are seizing the opportunity to intensify their attacks on Palestinians The most far-right government in Israel’s history is ramping up its policing of dissent using the cover of war to silence Palestinian citizens and left-wing Jews who object to its policies one that +972 has spent the past 14 years covering: Israeli society’s growing racism and militarism We are well positioned to cover this perilous moment – but we need your help to do it This terrible period will challenge the humanity of all of those working for a better future in this land Palestinians and Israelis are already organizing and strategizing to put up the fight of their lives Can we count on your support +972 Magazine is a leading media voice of this movement a desperately needed platform where Palestinian and Israeli journalists and thinkers can report on and analyze what is happening TrendingCommercialNew YorkAElad Group to convert Nomad office to resi condosIsaac Tshuva’s firm pays $72M to buy 419 Park Avenue South Isaac Tshuva’s Elad Group plans to convert a Midtown South office building into condos The developer paid $72 million to buy the 200,000-square-foot office building at 419 Park Avenue South from Walter & Samuels “The opportunity to convert existing office to residential condo in Midtown South is relatively recent,” said KSR’s Albert Sultan who negotiated the sale along with Marc Sitt “The purchaser capitalized on the rare opportunity to develop a sizeable new condo product in one of the most in demand submarkets in Nomad.” Elad COO Alex Olsen said the company is planning around 100 units scheduled to be completed in 2026 SIGN UPElad has experience doing these kinds of condo conversions 250 West Street and the former ​​New York Criminal Court building at 108 Leonard Street in Tribeca along with Don Peebles WeWork had been a tenant at 419 Park Avenue South occupying some 60,000 square feet until it scrapped the location through its bankruptcy proceedings Please enable JS and disable any ad blocker Elad Moshe Dror Reshapes the Travel Industry with Volindo’s Expansion and Strategic Investment With a rapidly growing user base and increasing market adoption Volindo has secured a new round of investment marking a significant step in its expansion strategy The platform’s core innovation lies in its ability to empower independent travel agents and small agencies by providing a digital-first business model that eliminates the need for costly infrastructure and offering white-label branding capabilities Volindo positions agents to compete on a level traditionally reserved for larger industry players Navigating these changes has not been without its challenges Resistance from established industry players has also posed obstacles as legacy providers seek to maintain control over distribution channels Volindo’s agile approach has enabled it to adapt continuously refining its platform to meet both compliance requirements and user needs The recent investment signals confidence in the platform’s ability to overcome these barriers and establish a new industry standard but about dismantling inefficiencies that have persisted for decades Volindo’s trajectory suggests that the future of travel entrepreneurship will not be dictated by legacy institutions but by platforms that prioritize accessibility With continued investment and strategic growth the platform is positioned to lead this transition setting a precedent for how traditional industries can evolve in an era defined by digital transformation Contact Info: Name: Elad Moshe DrorEmail: Send EmailOrganization: VolindoWebsite: https://www.volindo.com/ or concerns regarding the content provided in this press release or if there is a need for a press release takedown we urge you to notify us without delay at error@releasecontact.com (it is important to note that this email is the authorized channel for such matters sending multiple emails to multiple addresses does not necessarily help expedite your request) Our expert team will be available to promptly respond within 8 hours – ensuring swift resolution of identified issues or offering guidance on removal procedures Delivering accurate and reliable information is fundamental to our mission Indices Commodities Currencies Stocks Despite the recovery in the business of Delek Group (TASE: DLEKG) and the considerable improvement in its financial position Yitzhak Tshuva continues to realize his private holdings in real estate in Israel Elad Residence reports that Tshuva has decided to exercise the put option he holds to sell his remaining holding (25%) in the company to the JTLV (Jerusalem Tel Aviv Investments) fund for NIS 68.5 million The sale reflects a company valuation of NIS 274 million He put the company up for sale in early 2020 following the financial difficulties encountered by him and Delek Group as a result of the outbreak of the coronavirus pandemic Tshuva sold 70.7% of Elad Residence to the JTLV real estate investment fund the remaining 4.3% being owned by company CEO Ronen Jaffa Jaffa bought additional shares in Elad Residence from JTLV for NIS 10.4 million Elad Residence raised NIS 100 million in a public bond issue Jaffa will buy 2% of Elad Residence out of the shares that JTLV buys under the option JTLV has become a partner in stock-exchange listed real estate company Duniec Bros which is also a residential projects developer against an allocation of ordinary shares in Duniec Bros The final structure of the deal remains to be settled in negotiations between the sides and will require approval by Duniec Bros.' shareholders Elad Residence has revenue of NIS 174 million from sales of apartments which compares with NIS 155 million in the corresponding period of 2020 which compares with NIS 8 million in the corresponding period Published by Globes, Israel business news - en.globes.co.il - on November 1  El-Ad National Properties, an Elad Group company with a South Florida-based team, is pleased to present the magnificent move-in ready Penthouse 921, at ALINA 220 in its ALINA Residences a world-class residential destination in the heart of downtown Boca Raton the third and final building at ALINA Residences received its temporary certificate of occupancy (TCO) on Jan A variety of newly available penthouses for immediate occupancy at ALINA 210 and ALINA 220 All ALINA penthouses are move-in ready with nearly 11-foot ceilings They offer expansive indoor-outdoor living with one to four private terraces with a summer kitchen luxe features including morning bars in primary suites and state-of-the-art Gaggenau appliances multiple exposures with extraordinary natural light Offering delightful northeast views of The Boca Raton golf course and ocean the 4,445-square-foot Penthouse 921 includes three bedrooms plus a den The design aesthetic is inspired by a modern tropical getaway the spacious primary suite offers a serene retreat complete with a morning bar and private terrace The expansive suite is complemented by a spa-inspired bath curated by Porcelanosa all meticulously crafted for relaxation and comfort The move-in ready penthouse also features custom closets throughout the residence provided by Italkraft an industry leader in renowned Italian custom closet design and creation ideal for playing cards or hosting a book club while the media room is a secluded spot ideal for movie nights the residence beckons with two terraces totaling 576 square feet including a summer kitchen for outdoor entertaining The penthouse is listed for just over $8.1 million “We are pleased to offer the exquisite Penthouse 921 in ALINA 220 as well as additional newly completed penthouses in ALINA 210 and 220,” said Candace Jorritsma vice president of sales and marketing for El-Ad National Properties luxurious residences present the utmost in private elegance ideal for discerning luxury buyers.” is more than 80% sold and features a variety of available residences and floorplans ALINA Residences comprises three nine-story buildings: ALINA 200 (121 residences which are completed and occupied) and ALINA 220 (152 residences Residences are priced from approximately $4.5 million to more than $10 million All ALINA residents enjoy a curated selection of upscale amenities across the sprawling campus including two private rooftop pools his and hers spa facilities with dry saunas a studio with a professional-level golf and sports simulator Tucked between the manicured green fairways of The Boca Raton and Southeast Mizner Boulevard ALINA Residences is in close proximity to downtown Boca Raton’s restaurants including the Mizner Park Amphitheater and the Boca Raton Museum of Art pristine parks and Brightline Boca Raton Station are just minutes away Private appointments can be scheduled at the sales gallery at sales@alinabocaraton.com Douglas Elliman Development Marketing is the exclusive sales and marketing team for ALINA Residences With more than three decades of high-end development experience in New York City Elad Group founded El-Ad National Properties in South Florida in 2004 El-Ad National Properties has since earned a sterling reputation as an agile entrepreneurial company with high expectations and solid values El-Ad National Properties is leaving its footprint on South Florida with the ALINA Residences Boca Raton brand ALINA Residences Boca Raton is a world-class residential destination featuring resort-inspired amenities with a focus on wellness and accented by indoor and outdoor art installations Designed by architects Garcia Stromberg and brought to life by Moss Construction ALINA Residences phase one (ALINA 200) was completed in March 2021 as a nine-story which is comprised of two new residential buildings (ALINA 210 and ALINA 220) is over 80% sold ALINA 210 received its temporary certificate of occupancy (TCO) in summer 2024 and ALINA 220 received its TCO in January 2025 With sales led by Douglas Elliman Development Marketing Residences are priced from approximately $4.5 million to over $10 million The full luxury property features a total of 303 units and residents can explore a myriad of shared spaces and amenities across the expansive campus including over three acres of private outdoor amenity space studio with a professional-level golf and sports simulator Boca Raton-based El-Ad National Properties is an Elad Group company which is a highly regarded development team known for best-in-class projects in the most sought-after neighborhoods in New York and nationwide Known and recognized worldwide for the history-making restoration and conversion of the famed Plaza Hotel Elad Group is continuously making strides in real estate and receiving public acclaim for many of its properties Elad’s New York portfolio of iconic buildings includes One West the first and tallest condominium project to come to market in Christian de Portzamparc’s masterfully-designed Riverside Center an exquisite collection of full-floor luxury condominium residences overlooking Manhattan’s famed Central Park a 1906 warehouse turned luxury condominium in the heart of TriBeCa Meade & White Italian Renaissance Revival landmark conversion in TriBeCa Elad Group is committed to developing architecturally significant buildings and partnering with renowned architects and design professionals to create premier new developments © Copyright 2012 - 2023 | citybiz | All Rights Reserved Yitzhak Tshuva's privately-held real estate company Elad Group has agreed the sale of subsidiary Elad Canada Realty to Canadian company Rester Management Rester Manamgement will pay CA$508 million (US$381 million) will be excluded from the deal and will be allocated to Elad Group The deal thus values Elad Canada Realty at CA$783 million (US$587 million) which compares with shareholders' equity in its last financials acquires and operates income producing real estate in the US and Canada It also develops and sells residential property in Canada the acquiring company intends to continue employing its senior management Lazer said that Elad Canada Realty had attracted considerable interest on the part of investors in the past few weeks Elad Group has debt of NIS 676 million (principal) to financial institutions holding its privately placed bonds It also has two series of bonds traded on the Tel Aviv Stock Exchange amounting to NIS 763 million (principal) Elad Group approached the SPC Elad bondholders with an offer to provide them with collateral in exchange for their agreement to waive their right to present the debt owed to them for immediate repayment The right arose after rating agency S&P Maalot downgraded the debt of Elad Group and its subsidiaries to below A- Elad Group also disclosed the possible sources for payment of its commitments to its bondholders among them the sale of assets and/or holdings in subsidiaries such as Star and Elad Canada Realty Published by Globes, Israel business news - en.globes.co.il - on August 5 © Copyright of Globes Publisher Itonut (1983) Ltd The two organizations also share a common approach: using Zionism’s conception of the Jewish relationship to the land to present their activities as natural While the JNF’s methods involved buying up land and creating green spaces set its sights on controlling archaeological excavations in East Jerusalem Elad’s method, however, is arguably more sophisticated and far-reaching: it harnesses not only the land, but what lies (or doesn’t) beneath it, in order to revise and excise segments of the region’s past in service of a reductive vision of its future And while historical revisionism has always been central to Israeli nation-building under increasingly right-wing governments over the past few decades become ever-more brazen and broad in its scope Israeli archaeology — which has long served as a staple of Zionist consciousness-making — has become increasingly subject to the ministrations of state and settler factions These groups are determined to present the narrative of Jewish presence in the land as one of irrefutable millennial ownership interrupted by an interim period of exile before being restored with the State of Israel’s establishment archaeology is used to counter the narrative of occupation — and of the Nakba — through action as well as symbolism Few entities have been as central to this politicization of archaeology as Elad the City of David (“Ir David”) national park is one of the most sensitive archaeological sites in the country It is steps away from the walls of the Old City and its significance as the supposed seat of power of King David (a narrative that has yet to be conclusively proven) has made it one of Israel’s archeological holy grails it has been the site of almost continuous Israeli excavation since the late 1970s which until the early 2000s was exclusively under the auspices of government agencies The Israel Antiquities Authority (IAA) oversaw the excavations while the Nature and Parks Authority (NPA) ran the national park around it the IAA was only able to slow down the site’s eventual handover from the NPA to Elad five years after the government elected to grant Elad the keys to the park the settlers had the City of David in their hands one of Jerusalem’s leading tourist sites The organization has presented excavation findings in a manner that entirely befits their ideological mission: visitors to the City of David will encounter a narrative centered on the biblical era while eliding the multiplicity of other histories buried beneath Silwan’s streets thereby sabotaging the integrity of any archaeological discoveries It is not just Elad’s vision of East Jerusalem that the JNF has declined to repudiate: it is also the group’s reductive version of history For Elad — and the right-wing, religious-nationalist ideology to which its associates subscribe — archaeological discoveries are a means to fulfill Zionism’s teleological axis of antiquity-exile-return. This framework is not exclusive to the religious right; as the late sociologist Michael Feige observed Israeli archaeology has always performed a dual function in the national narrative: “one to show the ancient unity of the Jewish people in contrast to its fragmentation in exile; and two to show that people’s ancient rights to the Land of Israel.” subsequently birthed a duel over narratives which ultimately privileged an interrupted highly-selective history of Jewish presence in the ancient homeland over the history of the diaspora — effectively erasing the latter’s past are the supposed glory days of the Jewish people during the Davidic and Second Temple periods — a prelapsarian past before the ignominy of exile (and the implied accompanying shame of non-Jewish presence in Elad’s archaeological pursuit of this narrative therefore perpetrates a dual erasure: not only is the diaspora’s history liquidated along with its communities (which become superfluous since ‘return’ to the homeland has been realized) but so is the interim history of other nations in the Holy Land during that period of exile Two sets of history — as far as the Jewish-Israeli imaginary is concerned — are snapped shut Elad’s archaeological activities are a means of not only permitting Israeli settlers to evict Palestinians or keep them locked under proliferating layers of security but also granting them the ethical right to do so as the kernel of Zionist ideology suggests the return of Jews to their ancient homeland is a moral then in the eyes of a group wishing to take that belief to its ultimate conclusion expelling Palestinians and replacing them with Jews is more than a divinely-ordained and politically legitimate act: it is a duty This logic is at the heart of Elad’s use of archaeology and its belief that it has the right to act as a landlord in Silwan It is this political vision that the JNF elected to align itself with — a fact that no amount of “greenwashing” and tree-planting can change Natasha Roth-Rowland is a writer and researcher at Diaspora Alliance She has a PhD in History from the University of Virginia and wrote her dissertation on the history of the Jewish far right in Israel-Palestine and the United States Natasha previously spent several years as a writer This website is using a security service to protect itself from online attacks The action you just performed triggered the security solution There are several actions that could trigger this block including submitting a certain word or phrase You can email the site owner to let them know you were blocked Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page has won a tender to build two hotels by the Dead Sea at Ein Bokek The Ministry of Tourism and Israel Land Administration tender permits Elad to build and operate two hotels with up to 400 rooms These will be the first new hotels built by the Dead Sea for more than 20 years Elad Hotel's operations include Israel's Sheraton-Moriah hotel chain "Together with the major increase in tourism to Israel we welcome this process of starting to add hundreds of hotel rooms to the Dead Sea Together with the new promenade that we have already completed we will also see more commercial and entertainment space and mainly a boost in the number of hotel rooms which will bring jobs and contribute to the economy of the region." Published by Globes [online], Israel business news - www.globes-online.com - on July 26 The continuing positive mood on the stock markets in Israel and worldwide is also benefiting the local debt market a wave of bond issues has been sweeping the Tel Aviv Stock Exchange (TASE) enabling public companies to reschedule billions of shekels in debt at extremely low interest rates whose financing expenses make up a substantial part of their activity have especially benefited from this situation which completed an initial debt issue on the TASE this week Yitzhak Tshuva's private real estate group which raised NIS 500 million in a private bond placement to investment institutions Elad Group handles Tshuva's real estate business in North America it holds fully ownership of its Elad Canada subsidiary whose bonds have been traded on the TASE since August 2018 Elad Group offered its new private bonds for 99% of their nominal value (i.e Demand in the auction held by Elad Group for investment institutions exceeded NIS 600 million of which the company supplied NIS 500 million The company will use the proceeds mainly for refinancing extending the average duration of its financial liabilities Elad Group's bonds were issued at a 5.65% annual interest rate The bonds are secured with a lien on some of the shares in the group's Elad Canada subsidiary These shares will become marketable if Elad Canada decides this year to also carry out an IPO on the TASE Other real estate companies held large bond issues on the TASE this week. For example, Big Shopping Centers (2004) Ltd. (TASE:BIG) completed a NIS 600 million issue of Series 15 bonds after demand in the preliminary auction reached NIS 1.185 billion and were issued with an average duration of 7.84 years which are linked to the Consumer Price Index were issued at an annual interest rate of only 1.17% Published by Globes, Israel business news - en.globes.co.il - on January 15 Delek Group Ltd. (TASE: DLEKG) controlling shareholder Yitzhak Tshuva is again bringing his Canadian real estate business to the Tel Aviv Stock Exchange (TASE) He is attempting to raise up to NIS 260 million (C$95 million) in a bond issue for Elad Canada Realty The company has earmarked the proceeds from the bond issue for upgrading its existing portfolio increasing its holdings in a Canadian real estate investment trust (REIT) Publication of a rating for the debt is expected later The draft prospectus indicates that Elad Canada plans to use C$28 million of the proceeds to replay a line of credit bearing interest of nearly 10% C$50 million more is designated for recouping the equity allocated to the acquisition of the Galleria property in Toronto which contains the area on which a multi-stage residential Elad Canada plans a three-year shekel bond issue backed by net surpluses in projects Repayment of most of the principal is scheduled for the third quarter of 2022 while repayment of 30% of it is slated for the first quarter of 2020 According to the figures presented by the company Elad Canada currently owns building rights for 4.5 million square feet (420,000 square meters) of residential and commercial real estate in various development stages of which 1.5 million square feet (140,000 square meters) is being used for 1,500 condominium units for sale Elad Canada says over 80% of these units have already been sold Elad Canada also holds 19% of the shares in a public Canadian REIT which Elad Canada says holds "dozens of income-producing properties including office and industrial properties in key locations in Canada and the US." Elad Canada's CEO is Rafael Lazer Elad Canada is backing its bond issue with a lien on the surpluses of projects with a 1.5 collateral-debt ratio The main collateral is the Emerald City project in Toronto in which the company is building nine residential buildings for sale and rent with a total of 2,000 apartments Elad Canada's 2017 financial statements show that the company enjoyed an almost six-fold rise in revenue from C$32 million in 2016 to C$181 million in 2017 primarily thanks to the sale of an apartment building and recognition of profit from occupancy of another building The increase in the value of the company's Galleria property helped Elad Canada report $138 million in its property revaluation item pushing its net profit for the year up to $155 million compared with less than $13 million in 2016 and less than $7 million in 2015 Elad Canada also reported a steep rise in management and general expenses to $6 million compared with a little over $1 million in 2016 due to a provision of more than $5 million in accordance with its legal advisor's assessment in respect of claims filed against the company involving a project completed in Cite Nature - a project that contained eight residential buildings close to the Montreal Olympic Village Elad Canada's revenue soared 34% to $8 million in the first quarter of this year compared with a $1.5 million loss in the first quarter of 2017 This result was supported by a profit of nearly $8 million on its investment in the REIT Progress is residences in Toronto and Montreal through which Tshuva has operated in North America since 1992 and which has a variety of businesses Its known assets in the past include the Plaza Hotel in New York Elad Canada began its activity in Canada in 1997 and underwent a strategic refocus in 2014 that included the sale of most of its income-producing properties "and a focus on development of residential buildings in high-demand areas in Canada together with investment in income-producing properties with upgrading development or operational potential." Elad Canada focuses on the development of residential neighborhoods (master plan communities) According to figures presented by the company it has completed construction of and conversion of 4,500 housing units in 13 projects in Canada to date Tshuva held an IPO on the Toronto Stock Exchange for Elad Canada Inc. the indirect owner of the company now holding the bond issue which was delisted from trading in 2013 following an offer to purchase it was learned that Tshuva was interested in joining the wave of American-Jewish real estate developers that have held issues on the TASE for some of their real estate in North America in recent years He held an NIS 220 million bond issue for the Elad National company on the TASE Although he incorporated the company in the Virgin Islands in preparation for this move as the other foreign real estate developers also did and also published a shelf prospectus and a supplementary prospectus for the issue (which revealed that his partner in the company's main properties was real estate tycoon Yakir Gabay) Published by Globes [online], Israel business news - www.globes-online.com - on July 9 Ir David Foundation received donations from mystery companies in the Virgin Islands Leaked banking documents now confirm that Israel’s richest man - and owner of Chelsea football club - controls or is affiliated with these companies Those donations helped to change the face of a Palestinian village eaked banking documents show that several companies registered in the British Virgin Islands have donated more than $100 million to an organization dedicated to boosting the Jewish presence in East Jerusalem The identity of the man behind them is revealed here for the first time: Israeli-Russian billionaire Roman Abramovich who is affiliated to or controls all of these companies The money has helped the foundation change the face of the Palestinian village of Silwan in East Jerusalem was established in 1986 to strengthen "the generations-old Jewish connection to Jerusalem through tours population growth and the publication of instruction material." the foundation was associated mainly with settlement activity in East Jerusalem; more recently it has rebranded itself as a foundation engaged primarily in education and tourism and less so in settlement activity there is almost no mention of settlement activity but it does talk about a joint venture last December with the Zappa night club in Tel Aviv who headed the foundation’s marketing department until 2016 told the BBC - which investigated the donations to the association in collaboration with the writer of this piece - that in the mid-2000s when El’ad’s new construction plans in Silwan were halted the association changed its strategy and started investing in tourism "is the use of heritage tourism," by which the foundation tried "to shape the reality and influence public opinion." Thus the association sought to advance its goals: "Jewish sovereignty over ancient Jerusalem for generations to come and all eternity." El’ad is one of the largest and richest associations in Israel and owns vast assets An analysis of the association's reports submitted since 2005 shows that its revenues over the period amounted to more than 1 billion shekels with some 700 million shekels flowing into the foundation’s coffers as donations and the remainder coming from state budgets participation in covering the costs of archaeological digs The latest reports submitted by El’ad relate to 2018 when its turnover was about 116 million shekels El’ad reported to the Registrar of Associations that its real estate assets were worth close to 250 million shekels of which around 140 million shekels were "real estate for settlement purposes." In the same year El’ad reported donations of around 84 million shekels with the bulk coming from the foundation’s Friends of Ir David association El’ad also received significant donations that originated in the British Virgin Islands An analysis of the foundation’s reports shows that between 2005 and 2018 El’ad received almost 176 million shekels from a company called Farleigh; a company known as Leiston donated just under 94 million shekels; Ovington contributed about 65 million shekels; and Cantley injected about 13 million shekels which were registered in the sun-soaked Caribbean islands on the same day and under the same address in 2003 donated a total of 348,422,122 shekels to El’ad a sum that reflects about half of the total volume of donations to El’ad during that period El’ad's file at the Registrar of Associations contains hundreds of documents A review of the file shows that over the years the companies from the Virgin Islands have been mentioned in correspondence between the foundation and the Registrar the Registrar asked El’ad for more details about companies which had made donations to the foundation in 2005 El’ad adamantly refused to comply with the request noting in its response to the Registrar that it reports everything required of it by law El’ad ceased completely to provide the Registrar with the particulars of its donors and started doing so again only more than a decade later and the same four companies from the Virgin Islands appear in the documents over and over again they were responsible for close to 90 percent of the total donations to El’ad the bulk of the donations were allocated to "various development and settlement projects in the City of David." It is important to note that there is no mention at all of El’ad and the donations it received in the leaked bank documents details about numerous businesspersons and companies from around the world including information about the Ultimate Beneficial Owners of various companies UBO is a term in domestic and international commercial law that refers to the person or persons who own or control a certain company The four companies that donated to El’ad are mentioned in a report submitted by Deutsche Bank's American branch to the U.S is the UBO of three of the companies (Farleigh The report doesn’t specify the UBO of Leiston but notes that based on several sources (the bank is probably referring to media sources Leiston is an investment company that holds the contracts of a number of professional soccer players and is controlled by an associate of Abramovich Abramovich became an Israeli citizen in 2018 and immediately topped the list of the country’s wealthiest individuals he has purchased at least two real estate assets in Tel Aviv - the Varsano Hotel in Neve Tzedek and the adjacent Magen House building He’s also reported to have purchased an estate in Herzliya Pituach in early 2020 is best known for his ownership of British soccer club Chelsea as well as his fleet of luxurious yachts and worldwide business affairs and a particularly generous philanthropist with donations of hundreds of millions of dollars to Jewish organizations in Russia and in support of Sheba Medical Center in Israel He doesn’t speak publicly on political or diplomatic issues and his views on the Israel-Palestinian conflict are unknown the huge sums of money that companies to which he’s tied have donated to El’ad have helped change one of the most volatile places in the world: Silwan When donations from the Virgin Islands began flowing in the foundation boasted around 190 settlers in Silwan and about 150,000 visitors a year to the City of David National Park the number of Jews living in Silwan has almost doubled and the various tourism sites run by El’ad are getting more than million visitors a year weren’t the only donations that the foundation received but they constitute a very significant chunk of its revenues A spokesman for Mr Abramovich told the BBC that "Mr Abramovich is a committed and generous supporter of Israeli and Jewish civil society and over the past 20 years he had donated over five hundred million dollars to support healthcare education and Jewish communities in Israel and around the world." told the BBC that it operates in keeping with the law and reports to the Registrar of Associations as required In response to a question about ties to Abramovich said that the foundation respects the privacy of its donors Shomrim - The Center for Media and DemocracyWe believe investigative journalism is the foundation for safekeeping the fundamental human rights of every Israeli citizen We are committed to investing our time and resources to promote it The Center for Media and Democracy© Copyright The Center for Media and Democracy Inc college football players has filed a lawsuit against the NCAA in an effort to play in 2025 at Rutgers University in New Jersey filed his complaint in New Jersey federal district court last week over an eligibility rule stating that student-athletes must play four seasons within five years Elad started his college career at Ohio in 2020-21 though he gets the first year back because it was the COVID-19-shortened season The Canadian then transferred to Garden City Community College in Kansas in 2022 before playing at UNLV the past years. Rutgers announced in January that Elad planned to transfer to the school in Piscataway It would be a step up to one of the NCAA's four power conferences for Elad a finalist for the Jon Cornish Trophy as top Canadian in the NCAA the past two years "The eligibility rule at issue is unlawful because it has substantial anticompetitiveeffects on two-year or junior colleges and universities that are excluded from NCAA membership," states the lawsuit This five-year period includes time spent at a two-year or junior college The effect of this rule (the “Five-Year Rule”) is to discourage student-athletes from attending junior college to prepare for four-year college and to punish those who do so even though junior colleges may provide such student-athletes with necessary academic and other opportunities And just as the student-athletes are deprived of the junior-college experience that may so benefit them the junior colleges are deprived of elite athletes reducing their ability to compete with NCAA schools." The lawsuit goes on to state the NCAA's current decision will "permanently deprive (Elad) of a once-in-a-lifetime name and likeness (“NIL”) contract worth approximately $500,000 and the opportunity to enhance his career and reputation by playing another year of Division I football." The reported $500,000 figure is hundreds of thousands of dollars more than a starting Canadian defensive back would make in the CFL speaking at a press conference ahead of spring practice on Monday declined to comment on the specifics of Elad's case "I hope it works out because Jett is a good player and cultural fit," he said Schiano added: "(Elad is) a really good player The NCAA released a statement to Law360 last week when asked about Elad's case which enable student-athletes and schools to have fair competition and ensure broad access to the unique and life-changing opportunity to be a student-athlete," the NCAA said "The NCAA is making changes to modernize college sports but attempts to alter the enforcement of foundational eligibility rules — approved and supported by membership leaders — makes a shifting environment even more unsettled." The NCAA has faced numerous lawsuits in recent years over eligibility rules Elad's complaint includes a reference to Vanderbilt quarterback Diego Pavia who was granted a preliminary injunction by a Tennessee court allowing him to play in 2025 Pavia played the last three years at Vanderbilt after starting his post-secondary career at junior college Elad's case is scheduled for a hearing on April 3 Rutgers had seven Canadians on its roster in 2024 The Big Ten squad went 7-5 in the regular season before losing 44-41 to Kansas State in the Rate Bowl Rutgers is scheduled to open the 2025 season on Aug 28 against Elad's old Ohio squad in New Jersey Elad was an honourable mention Mountain West Conference all-star last season at UNLV He posted a career-high 84 tackles in 14 games Elad had 11 tackles and a fumble recovery in UNLV's win over California in the LA Bowl to cap the season falling one win short of the College Football Playoff after losing to favoured Boise State in the Mountain West final When submitting content, please abide by our submission guidelines Should you violate our submissions guidelines we reserve the right to remove your comments and block your account Sportsnet reserves the right to close a story’s comment section at any time You are using an outdated browser. Please upgrade your browser to improve your experience Join over 9000 global opinion formers by subscribing to Fathom's influential Weekly Newsletter Hagai El-Ad is the Executive Director of B’Tselem – The Israeli Information Center for Human Rights in the Occupied Territories The pair sat down earlier this year for an in-depth discussion What does El-Ad think has been the impact of the occupation not just on the Palestinians but on Israeli democracy and society Why does B’Tselem insist that the occupation is a human rights issue How does he understand the relationship between politics and human rights How does he respond to the storm of criticism of B’Tselem from the Israeli Right Why did he decide to make a speech against Israeli settlement policy to the UN in 2016 prompting the Israeli prime minister to say he had joined the ‘chorus of mudslinging’ against Israel What is B’Tselem’s report card on Israeli democracy Alan Johnson: What is B’Tselem and what does it do Hagai El-Ad: We’ve been around for close to 30 years advocates and campaigns on issues relating to human rights in the occupied territories – the West Bank AJ: You have written ‘I was born in Israel when the occupation was two years old It is still here more than four decades later.’ Clearly the occupation is the central fact in the lives of the Palestinians and we will talk about that But what difference has the occupation made to Israel and Israelis HE-A: We each have a moral responsibility for this reality as Israelis I’ve lived all my life alongside this reality One thing that weighed heavy on my shoulders when I decided to move from the Association for Civil Rights in Israel (ACRI) to B’Tselem was the sense that I may live a very long and good life and all of it will be spent in the shadow of the occupation That’s something that I could not have even imagined when I was younger first it is a question of moral responsibility: what have I done to negate the perpetuation of this reality In addition to all the horrible things we are doing to Palestinians you cannot sustain a military occupation of an entire people for half a century and there not be consequences within the Green Line our thinking about human rights in Israeli society has been catastrophically damaged Because most of the violations are against Palestinians most of our energy is devoted to protecting the rights of Palestinians ‘supporting human rights’ means supporting the Palestinians who are frequently perceived as ‘the enemy’ And when there is an equation between supporting human rights and supporting the enemy Take the anti-democratic legislation. For example, we passed a law preventing entry into Israel by people who support boycotts boycotts only have traction in the context of the occupation I am now a citizen of a country that has passed a law that filters internationals that want to come to my country and its occupied territories they are a non-violent expression of free speech That law is both inspired by the non-democratic reality of the occupation AJ: We hosted Oded Haklai at a Fathom Forum in April he has researched Israeli public opinion about the settlements His data shows that the younger an Israeli is the less likely they are to ‘see’ the Green Line or to know that the settlements do not belong to the territory of the State of Israel the Regulation Bill was ‘a game changer’ for him President Reuven Rivlin issued his own warning about how the world will see Israel if that bill is not struck down by the Supreme Court What is B’Tselem’s analysis of the meaning of this development Was it a temporary answer to the political problems of coalition management created by the Supreme Court mandated evacuation of the Amona settlement Was it an act of grandstanding to win votes on the Right HE-A: Of course all the settlements are illegal The so-called ‘illegal outposts’ were not built with official Israeli government approval protected and developed by the government turning a blind eye or supporting the settlement enterprise over or under the table The distinction between ‘legal’ and ‘illegal’ settlements is not convincing but that’s the language in which these issues are discussed in Israel The Regulation Bill was passed because it was discovered that some Israeli settlement structures had been built on privately owned and registered Palestinian land The bill claims to legalise those structures but it is basically theft of other peoples’ property was too much for Israel’s High Court of Justice to swallow in a number of cases – Amona was the most discussed – the High Court ordered the government to remove those ‘illegal’ settlement structures and evict the thieves there was then postponement after postponement after postponement And this caused a lot of political friction resulting in this Regulation Law being passed It allows the retroactive transfer of ‘usage rights’ not ownership – the double speak is just so transparent but it is completely consistent with everything we have been doing to Palestinians over the last half-century And in that sense one really has to pause and to question this outrage Let’s imagine that we go back in time a few short months before this law was passed In those ‘good old days’ we were taking over Palestinian land across the board in all of the ways that have been legalised or approved (or ignored – so that they can go ahead) by the High Court and the government it’s done through the mechanism of announcing the establishment of what is called ‘state land’ ‘state land’ is Israeli – that’s the way we have structured that.) And there are other mechanisms: military training zones All these mechanisms are well known and have been used openly and officially for 50 years The moment you add a dash of privately owned land – it’s a very small percentage – to this ocean of public Palestinian land that we stolen If we are to have intellectual coherence about our own reality then let’s be honest: it’s not just this law that is an outrage It has been the mainstream policies of Israeli governments not a bunch of settlers – going back half a century AJ: You sounded very political in that answer. B’Tselem has been criticised for mixing up politics and human rights. For example, NGO Monitor criticised B’Tselem for hiding a ‘partisan, political agenda under the façade of human rights’. A page at the NGO Monitor website is titled ‘Political Ideological Approach of Hagai El-Ad at B’Tselem’ How do you respond to those kind of attacks what is the relationship between politics and human rights They deal with controversial aspects of the reality in a society but they have this complex relationship with reality and will remain a human rights organisation It is exactly out of that commitment to the realisation of human rights that we have been making these statements and taking these positions We think – and this is key to our analysis of the situation – that we are not in day one year one or even decade one of this reality We are 50 years into a situation in which we control millions of people under military rule with almost no rights and somehow my country is getting away with it So from a human rights perspective one can’t avoid the question ‘How do we bring about an end to the occupation?’ It is a no-brainer that under this reality there will never be a realisation of the human rights of Palestinians The only way that this can happen is through an end to the occupation The occupation can end in a variety of ways and that’s not something that we take a position on because that is not a human rights question We can critique any specific solution that is suggested judging whether or not it is compatible with safeguarding the rights of Palestinians and Israelis But we are not advocating for a two-state solution But ending the occupation is a human rights priority I actually think that it is fair to ask those who avoid drawing that conclusion how is their avoidance compatible with a commitment to the realisation of human rights AJ: You say you don’t take a position on two states How would you respond to a person who said human rights include the right to national self-determination the only way to fulfil that right is through creating two states for two peoples so to be for two states is a kind of human rights question’ Surely the problem with the so-called one-state solution whether in its right-wing or left-wing version is that it denies that right to national self-determination HE-A: I think self-determination certainly is a human right but of course collectives can make various decisions about the way they want to express that right in reality there is no expiration date for this temporary belligerent occupation Is the accumulation of settlements temporary So our position is that what we are faced with is the following situation – there are 13 million people who are living under Israeli control between the Jordan River and the Mediterranean Sea to one degree or another: external control in Gaza And the only future that is compatible with human rights is one that is based on political rights for everyone Perpetual occupation is not compatible with human rights a refusal to recognise the inherent legitimacy and legality of Israel’s military operation and tactics and an apparent disregard for Israeli public opinion’ How would you respond to that criticism of B’Tselem HE-A: It’s not that exceptional that NGO Monitor is going after B’Tselem and other human rights organisations To what extent NGO Monitor is a genuine voice critiquing NGOs in Israeli society is an interesting question I think it would be telling to ask if NGO Monitor is interested in any other NGOs besides those NGOs working against the occupation I also think it is important to take a step back and to say a few words about the atmosphere in Israel have for a number of years faced everything from government intimidation to harassment to hostile legislation that is only the international part of a process that is already underway in Israel proper The affront to democracy isn’t just that Palestinians do not have a vote to determine their future (whereas when we Israelis vote we vote to determine our future and their future) civil society organisations are not supposed to be intimidated or legislated against by the government Why did you go to the UN given the reaction you must have anticipated given the human rights record of many in your audience HE-A: We came to a realisation a while ago – and the UN speech was only the most public expression of this realisation – that there is a very limited set of options Given we are absolutely committed to non-violence when you try to identify non-violent ways out of this reality or 100 years of more of the same – what people call ‘the status quo’ but it’s not a status quo because it’s progressing all the time in one direction – then the options are very limited We advocate first and foremost to the Israeli public Using credible sources we say ‘this is the reality’ We have been doing that for close to 30 years you have to ask yourself: ‘If we only do more of the same will we ourselves become part of this status quo or can we do something that will really make a difference?’ When B’Tselem was founded the intent wasn’t that we would celebrate 50 years of the organisation It was presented to the Israeli public as temporary It was presented to the world as temporary into the 50th anniversary of the occupation In the absence of international action it is very difficult to see anything else than can inform the thinking of Israelis and Palestinians and usher in a different future We pick very carefully the international stages from which we make statements The UNSC is the most important international body responsible for peace and security on the planet and we think it is a very appropriate venue giving us a chance to be heard not just by the members of the council but by Israelis and Palestinians and by a global audience your decision signalled a shift from trying to convince Israelis from within to trying to pressure Israel from outside I guess there is not a yes/no answer to that question but can you tell us your thinking about the balance that should be struck between those two approaches you argued shortly after the speech that ‘the reality will not change if the world does not intervene’ What would be the agencies and modalities of that ‘intervention’ How would it bring the parties together not push them further apart I want to agree with you – we don’t think it is a zero-sum game our commitment to continue advocating to the Israeli public is not going to change We are actually putting more resources into engaging Israelis my speech in New York to the UNSC resonated very strongly in Tel Aviv When you speak globally you are heard locally And of course the international context helps to form the decision making of Israelis It’s not that we are going to give up on that domestic aspect of what we do It was always essential and will remain so It’s just not sufficient to bring about change I draw a distinction between statements and action A prime example of the way that most statements don’t make a difference was that 2016 was the best year on record in terms of international statements against the demolishing of Palestinian homes on the West Bank and the worst year on record in terms of demolitions There were more Palestinian homes destroyed that year than in 2014 and 2015 combined The Israeli government doesn’t care about statements Statements coexist extremely well with demolitions more statements are just going to usher in the next half century of the occupation AJ: Boycotts are one mode of outside intervention favoured by some people HE-A: As an organisation we don’t have a position Most of our messaging is tailored for governments because they have responsibility We think they are betraying that responsibility through their lack of action and their acquiescence with this reality The one thing I will say about BDS is that it is a non-violent form of free speech And the laws that have passed in Israel as a response to BDS – one in 2011 and one in 2017 – we think are completely inconsistent with basic democratic principles The 2011 law – which makes you susceptible for civil litigation for damages if you support boycotts – was appealed to the High Court in Israel but it refused to intervene even though the law is completely inconsistent with the basic principles of free speech I think it is a no-brainer as a legal question support boycotts; whether it be against factories damaging the environment or stores that are open on the Jewish Sabbath And that is all acceptable; no one could sustain a lawsuit in those cases The single issue on which Israelis are open to such litigation is when they engage in the effective boycott of settlement goods It is the law that was backed by the High Court Israel has been allowed to have it both ways We have been allowed to run a military occupation of an entire people for half a century while at the same time to be considered internationally as a Western democracy with all the perks that go with that status We think it is unacceptable that this is allowed to continue We think it is improper and wrong and immoral that we have it both ways And we think that therefore the question needs to be put before the Israeli public AJ: In an article for Haaretz you wrote it’s diplomatic terror.’ Let me put to you a certain kind of response to that It would go something like this: ‘Isn’t that unbalanced It implies that the Palestinians are blameless innocents Are you not decontextualising the conflict because what you won’t talk about is Palestinian rejectionism What about the fact that the Palestinians kicked out Salam Fayyad the best nationalist state builder they had What about Mahmoud Abbas being in the 12th  year of a four-year term Isn’t it your silence as an organisation on all this that leads some on the centre Left to distance themselves from you The sceptics feel you adopt a position of “the enemy is at home” rather than stand for the human rights of all rather than be critical of all human rights abusers all obstacles to peace?’ How do you respond to that kind of criticism HE-A: I certainly agree that it is not simple and both Israelis and Palestinians have agency it is correct to say it is not a balanced situation These are not two equal sides that are freely negotiating with each other The imbalance of power between Israelis and Palestinians is huge on all measures – not just militarily but also diplomatically goes to the side that holds most of the power and is responsible for much – not all whenever Israel has withdrawn from an area in recent times – southern Lebanon And because of that they are extremely wary of simply getting out of the West Bank the high ground above Israel’s narrow waist People fear a terror threat from the West Bank if the IDF simply walks out I think people have an issue with B’Tselem because they feel that they do not hear that complexity being reflected in what you say and do They feel that your speech at the UN would have been better had it acknowledged some of that complexity and the difficulty of moving forward for those Israelis who do want to move forward HE-A: It’s difficult for me to take that argument seriously It’s not about messaging in a way that is more digestible and to the rest of the world is the one thing that will make a difference The one thing that is going to make a difference and it has been going on for such a long time that we are way beyond the point where its about making the message digestible AJ: But human rights are important to Israelis and a lot of Israelis see the deep problems a military occupation causes to a civilian population But a lot of Israelis also don’t see the occupation in a vacuum – there’s a reason why it started and many reasons why it is continuing – and while some of those may be due to Israeli intransigence others are down to Israeli security concerns and Palestinian historical and current rejectionism Is it possible that talking solely about the human rights of Palestinians in this context just isn’t politically convincing Are B’Tselem more interested in being right than being smart How do they hope to influence Israelis by this strategy That is the moment at which everyone is supposed to salute if you probe under the surface of this discourse you will discover that over the last 50 years we’ve used security excuses day on and day out in order to advance what are seen as Israeli interests over the interests of the Palestinians I am not saying that there are no valid security concerns what does the theft of Palestinians land have to do with security we could have had a situation in which there were no settlements and a ‘proper’ military occupation until a political resolution of the situation In that situation it would be a matter of working out how the Israeli army and the Israeli occupying authorities should conduct themselves in relation to the occupied civilian population in the meantime after such a long time there would still be the question of political rights and the ability of people to take decisions with regards to their own future But what I have just described has nothing to do with the reality for Palestinians in the West Bank and in East Jerusalem What’s the relationship between the treatment of Palestinians in East Jerusalem – lack of classrooms Security is invoked as a convenient excuse this undermines the genuine security concerns If 80 per cent is nonsense it damns the credibility of the remainder which is meaningful AJ: How do you see B’Tselem’s relationship with the Israeli opposition parties Yair Lapid has attacked B’Tselem and I think I’m right that Isaac Herzog has pretty much ignored B’Tselem How can B’Tselem have an impact on policy and legislation if the opposition parties have this attitude HE-A: I think there is a question about the extent to which those parties actually are an opposition If we use the future of the occupation as the test as the way to place those parties on a political spectrum in Israel then we can distinguish between those political parties that are content with one variation of another or the status quo for a significant time to come and two parties – Meretz and the Joint List – which are very committed to advocating for an alternative to the status quo I think here the Israeli public is in a better place than the political leaderships Our public opinion research demonstrates that there is a much bigger minority in Israeli society – a minority but still a significant one – that rejects the current reality but which is not properly represented in the Knesset which is non-partisan and not running for election It’s about the ability to call things as they are to the Israeli public I think there is a lot of desire in Israeli society not to discuss this issue But there were two moments in the last year when this issue – as despised and hated as it is – was discussed very broadly One was after the video footage of the shooting of the Palestinian perpetrator by an Israeli soldier He was caught on camera by a former volunteer of B’Tselem Video Project from the Prime Minister down; portrayed as a fifth column a treasonous entity in the service of sinister foreign powers Time and again we bring this issue into the living rooms of the Israeli public even if people don’t want to see and don’t want to hear Even if you assumed for a second that all the lies they tell about us are true 13 million people are still going to wake up to exactly the same reality and here is the real question: what is the government’s plan with regards to the future AJ: If you were writing a report card on the state of Israeli democracy today HE-A: We are in a bad spot and it’s getting worse If you consider the illiberal and anti-democratic laws already passed and those in the pipeline the space for Israeli democracy has been shrinking for a long time Not just since the recent crop of laws but since 1967 the space has been shrinking for most of the time that my country has existed because we deny rights to an entire people So that is the major problem with Israeli democracy we have also been seeing developments within Israel itself I feel very strongly that you can not have this reality on one side of the Green Line and assume that it’s not going to have toxic effects on the other side of the Green Line When I was director of ACRI there was a lively and important education department Their deep sense of decency and the level of commitment to engaging with teenagers and encouraging them to value human rights always inspired me You can say all the right things in the classroom but then they go out and they see reality as it is They see the way we treat the Palestinians as less than equals And they see that everyone is just fine with it And everyone’s been just fine for as long as those teenagers have been alive and as long as the previous generation has been alive So ask yourself: why would they take human rights seriously when they see that our reality That has catastrophic implications for attitudes to human rights in Israeli society The recent crop of illiberal and anti-democratic laws in Israel are inspired by that non-democratic context because then why not do it to the people that are not ‘loyal,’ like myself and others who oppose this reality All of these laws are part of that process of silencing And unless we end the occupation sooner rather than later first and foremost Palestinians will continue to pay a horrible price I was wondering if B’Tselem takes up the cases of Palestinians whose human rights are violated by Hamas and The Palestinian Authority In response to the comment from FELIX SHEPTON : Gaza and East Jerusalem.” There are two common denominators in what was written and they are of the NGO is to report on Israel and human rights violations and what Hamas or other bodies do is beyond their writ In response to Felix Shepton and Jonathan Gray: No B’Tselem does not take up the cases of Palestinians whose human rights are violated and that organization is unwilling to do so left B’Tselem as his desire to also report on human rights violations of Palestinians by the Palestinian governing bodies was not allowed by B’Tselem Now he travels the world reporting on the human rights violations of Palestinians by Palestinians he does not have the financial or political support of those European nations and European and non-European individuals to ensure that his voice is heard bringing the power of rapidly advancing foundation models to the masses See Business Insider's full AI Power List was kidnapped from Kibbutz Nir Oz on October 7 His body was found by the IDF in a cemetery in Khan Yunis a key figure in the hostages' families movement saying 'he could have been saved' if not for political considerations 2024The Israeli army reported that it retrieved the body of Elad Katzir who was kidnapped during Hamas' October 7 attack intelligence shows he was killed in January in captivity by the Palestinian Islamic Jihad and his body was found buried in Khan Yunis Open gallery viewElad KatzirIt was also reported that the rescue operation was not carried out under fire and that there were no terrorists in the area where the body was found The army added that his body was identified by medical officials at the Forensic Medicine Institute was kidnapped from his home in Kibbutz Nir Oz in southern Israel He was initially considered missing and was later declared hostage into Gaza by the army Islamic Jihad released two videos showing Katzir he was shown alongside the hostage Gadi Mosez he was seen grieving over the alleged death of his friend Tamir Adar Katzir's mother, Hanna, was released after 49 days in captivity Open gallery viewCarmit Pelti-Katzir speaks at a demonstration in Tel Aviv next to a picture of her brother Elad in FebruaryCredit: Tomer AppelbaumShe also wrote that "Prime Minister Benjamin Netanyahu the cabinet and the IDF have no idea where most of the hostages are being held and they have no way to get them even when they know where they are." The Hostages and Missing Families Forum said that Katzir "was held alive for three months during which signs of life were given and reports of his condition reached Israel Three months in which there was a possibility of saving him and returning him alive to his family and country." The forum added that "the recovery of his body is a painful immediate and difficult reminder that time is running out for the hostages The forum appealed to Prime Minister Benjamin Netanyahu and the war cabinet saying that "the State of Israel will not be able to recover if we bury all 133 hostages who were left behind