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
Palestinian media: Israeli occupation forces storm the Old City in the center of Nablus, occupied West Bank
Local sources to Al Mayadeen: Sudanese army forces drones strike town of Kabkabiya, North Darfur.
Syrian Observatory: The plane is loaded with air defense systems and heavy weapons as part of US troop reinforcements to its bases in northeastern Syria
Syrian Observatory: US cargo plane lands with two military helicopters at Kharab al-Jir base in the countryside of Rmeilan, north of Hasakah
Miguel Díaz-Canel to Gustavo Petro: US seeks to reimpose the Monroe Doctrine in its relations with sovereign states in Latin America and the Caribbean.
The Abu Ali Mustapha Brigades, the military wing of the PFLP, says they handed over the body of an Israeli captive to the Israeli occupation forces in implementation of the clauses of the ceasefire agreement.
Al Mayadeen correspondent: Israeli drones are flying over the presidential palace in Baabda, Mount Lebanon, and over the skies of the capital, Beirut, and its suburbs.
Al Mayadeen's correspondent in South Lebanon: Israeli warplanes launch a series of raids on the al-Mahmoudiya and Jarmaq areas
Trump reiterates proposal for Russia and Ukraine to stop at current front line, negotiate later
Reuters: Trump says no discussion regarding Ukraine ceding Donbas to Russia

Omicron wave to cost Israeli economy $14 billion

  • By Al Mayadeen Net
  • Source: Israeli Media
  • 20 Jan 2022 17:11
2 Min Read

The omicron variant did not exempt the Israeli occupation from the repercussions of its outbreak; so, how was "Israel" affected by the latest wave?

  • x
  • The repercussions will include all sectors of the Israeli economy
    The repercussions will include all sectors of the Israeli economy.

The Israeli economy will be largely affected by the COVID-19 pandemic's latest variant outbreak that has caused a spike in cases around the world.

"Israel" will bear the brunt of the pandemic, as the upcoming two months will see "Tel Aviv" paying some 44 billion shekels ($14 billion), a study said.

The study, published by the Israeli MACRO Center for Political Economics, suggests that the damages to the economy stem from hundreds of employees being quarantined, in addition to the lack of customers in light of mounting fears over omicron.

Related News

Israeli shelling, airstrikes target southern Lebanon

Al-Qassam says committed to ceasefire, denies ties to Rafah operations

The Israeli government will compensate the various sectors of the economy by 12.5-25%, which "Tel Aviv" decided around two months after the fifth COVID-19 wave. Compensation at the rate of 12.5% will cost the occupation more than $1.7 billion, and the 25% compensation will cost more than $3.5 billion.

According to the Israeli study, the omicron outbreak will chiefly impact the entertainment sector, affecting it by 45%. Second in line is the service sector, which includes hotels, restaurants, and cafes, and that sector will be affected by 35%. 

The telecommunications sector comes in third, affected by 20%, followed by the trade and education sectors, which will be affected by 15%, and then the construction, health, and transportation sectors, which will be affected by 5%.

These repercussions come after the Israeli occupation rescinded its mask mandate after cases dropped last year, but that came right around and caused a surge in cases due to governmental neglect.

  • Occupied Palestine
  • COVID-19
  • Israel
  • Omicron
  • Israeli occupation

Most Read

Iran strikes secret Israeli-US bunker under Tel Aviv high-rise

Tel Aviv high-rise struck by Iran hid Site 81, secret US-Israeli base

  • Politics
  • 14 Oct 2025
Yemeni Armed Forces Chief of Staff Major General Mohammad Abd al-Karim al-Ghamari , during a ceremony in an undisclosed locations in Yemen, undate (Yemeni Military Media)

Yemeni Armed Forces mourn martyred Chief of Staff al-Ghamari

  • Politics
  • 16 Oct 2025
Israeli occupation violates Gaza ceasefire, killing seven Palestinians.

Israeli occupation violates Gaza ceasefire, kills seven Palestinians

  • Politics
  • 14 Oct 2025
Zionists Fundamentally Misread Iran Due To Their Own Echo Chambers

Zionists fundamentally misread Iran due to their own echo chambers

  • Analysis
  • 15 Oct 2025

Coverage

All
War on Gaza

Read Next

All
UK blocks release of documents on secretive Lammy-Sa’ar meeting.
Politics

UK blocks release of documents on secret Lammy-Sa’ar meeting

Colombia slams Trump’s drug accusation, defends sovereignty
Politics

Colombia slams Trump’s incendiary drug claims, defends sovereignty

The abuse was detailed in Giuffre's memoir "Nobody's Girl: A Memoir of Surviving Abuse and Fighting for Justice." (AP)
Politics

Epstein victim recounts choking, sexual assault by 'well-known PM'

The US Secret Service discovered a hunting stand near the airport President Donald Trump uses in Florida. (US Secret Service)
Politics

FBI probes hunting stand with sightline to Trump’s Air Force One exit

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