Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: Two were martyred in an initial toll of the Israeli drone strike that targeted the al-Asira neighborhood in the city of Baalbek, eastern Lebanon
Al Mayadeen's correspondent: An Israeli drone strike targeted the al-Asira neighborhood east of Baalbek, eastern Lebanon
Sheikh Naim Qassem to the pager attack survivors: You are the greatest resistance. Know that 'Israel' will fall because it embodies aggression, crime, and occupation; victory is truly yours
Sheikh Qassem to the pager attack survivors: The value of what you are doing despite your wounds is immense, and here you are, treading the path of the Master of Nation's Martyrs and the leaders
Sheikh Qassem to the pager attack survivors: You are moving forward with insight deeper than sight itself. The enemy sought to eliminate your role in the battle, yet you remain steadfast and continue the fight
Hezbollah Secretary-General Sheikh Naim Qassem to the pager attack survivors one year later: You are healing from your wounds and rising above them. You have successfully passed the test
Palestinian media: Reports of stabbing operation in occupied al-Quds.
Israeli media: Sirens blare in Arava in South, near Ramon Airport.
Egyptian PM Mostafa Madbouli: Egypt is targeted in plans to redraw regional map
AEOI Chief Mohammad Eslami: Our presence in IAEA General Council and fact-checking helped in preventing unilateral rhetoric that aims to portray Iran as an unregulated country

Haifa mayor decries empty streets, 'unprecedented' economic losses

  • By Al Mayadeen English
  • Source: Israeli media
  • 12 Nov 2024 11:19
4 Min Read

Following Hezbollah's strikes on Haifa, the mayor has confirmed that the city is facing an economic crisis, one that will have broader repercussions for all of "Israel".

Listen
  • x
  • Empty streets, unprecedented economic losses: Haifa mayor
    Impact of Hezbollah's strikes on Krayot, Haifa, on November 11, 2024 (Social media) 

The Mayor of Haifa, Yona Yahav, confirmed on Tuesday that the city has suffered an unprecedented economic blow, stating, "Everything has come to a standstill; the streets are empty, and the shops are closed."

In statements to the Israeli military, Yahav warned that if Haifa's economy is undermined, it will impact all of "Israel", stressing that "Israel will only be strong if the North is strong."

For over a month, Hezbollah has been shelling Haifa in northern occupied Palestine from Lebanon. On Monday, Israeli media described the situation as "madness in Haifa Bay" following Hezbollah's launching of around 100 rockets that targeted the Krayot and Haifa areas.

A few days ago, the Israeli newspaper Yedioth Ahronoth reported that over 80% of small business owners in the eastern al-Jalil and the Golan Heights have experienced a decline in income since the war began, with half of them facing reductions of more than 65%.

"Israel" has also suffered significant losses in the north, particularly as Hezbollah expanded its operations to include Haifa and as these operations became regular. This escalation has had a severe impact on industry, agriculture, trade, and tourism in the area.

The Israeli aggression on Lebanon has resulted in a heavy financial burden, with the authorities forced to pay significant compensation to companies operating in northern occupied Palestine for the losses they have suffered.

Data indicate that between October 2023 and August 2024, compensation was paid to companies totaling 4.4 billion shekels (more than one billion US dollars) for indirect damages, knowing that this figure does not include compensation for direct damages to businesses in buildings that were directly hit by missiles and drones, which means that the number of companies that will close is likely to increase.

This comes as Israeli Channel 12 revealed that unemployment in the North after the war has risen 20% higher than in other regions.

Related News

Al-Houthi slams Gaza blockade, warns against disarmament, aggression

YAF launch drone strikes on Israeli targets in Yafa, Askalan, Haifa

Read next: Why 'Israel's' ultimate defeat will come from economic isolation

The economic situation in the north is deteriorating as Hezbollah continues to strike Haifa, breaking a record of launching over 100 rockets toward Krayot on Monday.

Israeli outlets noted that this marked Hezbollah's heaviest missile barrage on Krayot since the beginning of the ongoing war. The Israeli occupation forces acknowledged that the rockets were launched from border areas, which it claimed to have recently cleared.

Israeli occupation forces confirmed that around 90 rockets were fired toward the north within 40 minutes from locations they said Hezbollah forces had previously occupied.

Following the attacks, Haifa Mayor Yona Yahav told Channel 12 that the number of rockets fired at Haifa was among the highest since Hezbollah began targeting northern Israeli settlements on October 8, 2024.

On that note, the Israel Hayom newspaper reported on September 23 that Hezbollah's rocket and missile attack directly impacted the occupied city of Haifa, rendering its streets completely void of Israeli settlers. 

The newspaper cited a settler as saying that no warnings were given in Haifa ahead of the Lebanese Resistance's attacks. As a result, the Rambam Hospital transferred all of its activities to a car garage. Meanwhile, the occupation authorities in Haifa announced the halt of classes. 

With this, Hezbollah is delivering on its promise of turning "Haifa into Kiryat Shmona and Metulla."

#WATCH | Islamic Resistance in #Lebanon Military Media releases video captioned "We will turn Haifa into Kiryat Shmona and Metulla." pic.twitter.com/MZbSoL4V4B

— Al Mayadeen English (@MayadeenEnglish) October 15, 2024

  • Haifa
  • Palestine
  • Israel
  • Hezbollah
  • Islamic resistance in Lebanon

Most Read

Uprising against Volker Turk at the Human Rights Council over Gaza.

Uprising against Volker Turk at the Human Rights Council over Gaza

  • Politics
  • 12 Sep 2025
A screengrab from the ad played on Fox News. (X Screengrab)

Fox airs ad warning Trump not to let Netanyahu 'play' him on Gaza

  • US & Canada
  • 11 Sep 2025
Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

Lapid: Egypt’s Arab Force plan a 'severe blow' to normalization

  • Palestine
  • 14 Sep 2025
UKLFI’s latest faux pas, like "Israel’s" recent failed attempt at regime change in Iran, is unambiguously indicative of a flailing entity on the verge of extinction. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

Zionist lawfare operation facing collapse?

  • Opinion
  • 13 Sep 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A Hezbollah supporter who lost his sight in a pager attack carried out by "Israel" on Sept. 17, 2024, covers his eyes with a red headband inscribed with the name "Hussein" during Ashoura, July 6, 2025 (AP)
Politics

'We Have Recovered': Lebanon marks 1st anniversary of Pager Attack

The Arab neighborhood of El Za'im, on the outskirts of east Occupied Al-Quds in the West Bank, near where Israeli government says housing units will be built as part of the E1 settlement project, Thursday, August 21, 2025. (AP Photo/Ohad Zwigenberg)
Palestine

'Israel’s' deliberate policies drive West Bank economy toward collapse

Ben & Jerry's ice cream shop, Wednesday, Feb. 26, 2025, in Cambridge, Mass. (AP Photo/Charles Krupa)
Politics

Ben & Jerry’s co-founder resigns over parent company curbing activism

Trump’s approval rating falls to new low in second term: Poll
US & Canada

Trump’s approval rating falls to new low in second term: Poll

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS