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Israel Bank Pays US $400 Million for Ripping Off IRS

Bank Leumi’s admission is the first time an Israel bank has confessed to helping U.S. customers evade taxes.

IAI Inks $200M Deal in Asia

This order is a followup to a previous similar contract by the same customer, IAI said.

Japanese Minister of Economy Signs First Ever Industrial Agreement with Israel

Over the past year, the Japanese business sector’s interest in Israel and in cooperation with Israeli businesses has grown, in particular in the homeland security sector, including cyber-security,.

A First: Kibbutzniks to Pay Personal Income Tax

The Finance Ministry's new rule must still go through the Knesset Finance Committee for approval, and the agricultural lobby is expected to put up a hard fight against the changes.

Agreement Reached on PA $530 Million Electricity Debt

The agreement places full responsibility for electric bills collection on the PA, which in the past rejected its responsibility for the debt.

Preference for IDF Veterans in Civil Service Hiring Bill Passes Preliminary Knesset Vote

MK Esawi Frej (Meretz) suggested that "if this proposal is passed, every job for the Arab sector will go to the Druze."

Netanyahu’s Modest Proposal: Sell 9 Million Israelis to Scientific Research

"The interest of global companies is very great. I have already met with many of them. They all want to come here, and rightly so. They see this as a new direction."

Tourism Ministry Announces More Direct Flights From Romania to Tel Aviv

Sibiu will be the sixth city in Romania to operate a direct route with Israel.

MK Yogev: Out of Judea and Samaria Daily 1.98 Million Gallon Shortage, 1.1 Million...

"For the past two years we have been receiving messages from Mekorot each morning telling us that there is no water in the pipes."

Israel Aerospace Industries Launch Simulated Air Battle Training bet. Lavi and Enemy Aircraft

The use of the EHUD opens the door for shared live drills and debriefing with the Lavi airplanes based on the EHUD network, as is already being carried out by Italy and other countries.

Should Israel Help Save America’s Jewish Community?

Israel has invested more than $125 million trying to bring young Jews to visit, with meager results.

BDS Movement Tries Squelching Palestinian-Israeli Grassroots Peace Meeting

BDS anarchists threaten to disrupt an Israeli-Palestinian civilian peace meeting slated for Thursday near Bethlehem.

Russia Announcing Delivery of S-300 Missiles to Syria in Wake of Collapsed Talks with...

The White House has been watching helplessly as Putin suspended the treaty with Washington on cleaning up weapons-grade plutonium.

Jerusalem Plans New Business District, Light Rail Lines

Jerusalem plans a new business district and additional lines for the city's Light Rail.

Israel to Bring New Desalination Methods to Marshall Islands

The Pacific Island nation known as the Marshall Islands will soon have its first water purification vehicle – thanks to the Israel.

El Al Spikes Prices Following Foreign Cancellations.

Did El Al intentionally spike prices, or was the sudden jump in air fares the normal function of airline economics?

Dropbox to Double Staff with Move to Tel Aviv

The company says it is aiming to hire primarily information security and artificial intelligence personnel.

Arab Bank Settles NY Fed Court Case over Hamas Terror Attacks

Jordan's Arab Bank agrees to an out-of-court settlement with U.S. citizens over fiscal liability for Hamas terrorist attacks.

Palestinian Authority Settles Electricity Debt with Israel, Signs New Power Deal

“This anchor agreement ... constitutes an important milestone in regulating electricity commercial relations between the Israeli and Palestinian electric companies."

Jordan Luring Israeli Industry to Invest in Aqaba with 5% Corporate Tax

Jordan is enticing Israeli industrialists and entrepreneurs to invest in Aqaba through a series of benefits.

40 Columbia University Faculty Sign Anti-Israel BDS Petition

Forty faculty members at Columbia University have urged the school to divest from eight companies linked to Israel.

Russia Punishes Turkey by Importing Tomatoes from Israel

Moscow's official reason for halting food imports from Turkey is that they suddenly do not meet "sanitary regulations."

Tel Aviv is #3 in Top 10 Startup Ecosystems, 2nd Year in a Row

Tel Aviv came up third for the second year in a row on an 8-point rating scale, ahead of NYC and LA.

Elbit Produces New SmartScope for Snipers

The new scope can be used in tunnels and windowless room because it does not employ cooling or use light from the stars as did older models.

Dollar-Shekel Rate Breaks 4.0 Barrier

This is the first time since 2012 that the dollar-shekel rate broke the 4.0 mark.

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