Survey: Despite Investments, Government Aid, Israel’s Hi-Tech Must Take ‘Painful Actions’ to Survive Crisis

"The State of Israel expects Israeli industry to solve these most complex challenges – mainly health and economic challenges. However, we will not be able to do so without the necessary assistance."

Bank of Israel Approves New Digital Bank

The holding permit was granted to Professor Shmuel Hauser, former chair of the Israel Real Estate Authority who is expected to become the chair of the new bank.

Price of Crude Oil Drops

Crude oil prices are dropping to levels not seen in years.

News for Israel: Boeing Sells Data, Drawings to Iran

For the first time since the 1979 Islamic Revolution, Boeing Aerospace and Defense has made a sale to Iran.

With 32,000 New Housing Units Ashkelon to Become Israel’s 6th Largest City

According to the plan, seven new neighborhoods will be built in Ashkelon, three highway interchanges, and a new highway stretch leading north.

Jerusalem College of Technology Graduates Win Government Contract to Use Drones in Deliveries

FlyTech was founded three years ago by former IDF officers from air force UAV squadrons who became Torah-observant during their military service.

7 Bed, Bath & Beyond Stores to Close in New York

One of the stores is located in the Spring Valley Marketplace.

Bank Hapoalim, Emirates NBD Sign Memorandum of Understanding

The move will work to strengthen economic and financial relations between Israel and the United Arab Emirates.

Church of the Holy Sepulchre Closed for Second Day in Battle Between Church and...

Church officials closed the ancient doors during the height of tourist season in order to pressure the State of Israel into cancelling property taxes and a recently-proposed new property law.

ExxonMobil Mulls Oil and Gas Exploration in Israel

Israeli Energy Minister Yuval Steinitz met with the company’s executives in Houston this week about bidding for the right to explore and pump oil in Israel’s offshore blocks

Wealthy Argentine Chabadnik Set to Take over Israel’s Giant IDB

We don’t pretend to know how and why God works, but it can be speculated that the financial disaster of Israel’s giant IDB was the way for a Chabad Jew to enter Israel’s secular Big Business elite.

Greece Talks About Ties with Iran

Diplomatic, economic and trade ties appear to be warming up between Iran and Greece.

Jerusalem Job Fair for New Olim

The fair will be held at Binyanei Hauma (ICC) on Tuesday, January 14, 2020, from 11AM to 3 PM.

India Turns to Israeli Firm for Help With Water Pollution

Israeli technology is being used to help benefit India's citizens with natural water purification.

Lockheed CEO Visits Israeli F-35 Supplier

Lockheed Martin CEO Marillyn Hewson toured the Israel Aerospace Industries plant at Ben Gurion Airport Thursday, when executives told her that the first pair...

Weizmann Institute Teams with Pfizer

Weizmann Institute scientists will work with Pfizer to research solutions for unmet medical needs.
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Elbit Systems Shows Off Micro-Suicide Drone

Elbit stressed that attacks on targets require an active operator’s approval.

Fischer Launches New War on Shekel-Dollar Rate

Bank of Israel Governor Stanley Fischer launched a new war on the falling shekel-dollar rate Monday and ordered the purchase of $100 million of...

Labor Federation Calls General Strike Over Teva Layoffs

The strike announcement followed reports that the company will announce as many as 3200 layoffs tomorrow.

Gasoline Prices Rising Again in Israel

The maximum price for a liter of unleaded 95-octane gasoline at a self-service pump (including VAT) will be NIS 7.72 -- about $9 a gallon.

EU Bans Iran’s Aseman Airlines From European Air Space

Iran's third largest airline is banned from flying through European air space due to safety restrictions.

Tourist Arrivals Continue to Break Records in August

Since January, tourism in Israel has brought in nearly $3.5 billion.

Construction Labor Crisis Offers Opportunity for Haredim to Triple their Income

One of the most inspired outside-the-box solutions is replacing the missing workers with Israelis.

Israeli Nuclear Technology On Display at 60th IAEA Conference in Vienna

Israel's Atomic Energy Commission opens a pavilion to exhibit its civilian nuclear technology at the 60th IAEA General Conference in Vienna.

OECD Report: Israeli Life Quality High, Growth Better than Most Countries

After a moderate pace in 2015, Israel's economic growth is projected to pick up to around 3¼ per cent in 2016 and 2017.

Court Approves Haredi-Led Consortium to Take Over IDB Conglomerate

A Tel Aviv court Tuesday has rejected arguments from embattled billionaire Nochi Dankner and has given its stamp of approval to allow a consortium,...

Israel and Greece Increase Energy Cooperation

“We are connecting Israel to Europe through Greece, diversifying Europe’s energy sources in the midst of the energy crisis and strengthening Israel’s position in the region.”

Hundreds of Guest Rooms to be Built in Mitzpe Ramon

The tourist quarter will also include a promenade, sports facilities, commercial and employment areas, a new park and forest.

Israel Launches Business Tourism Pilot for International Companies

Business tourism in Israel is considered a central engine for growth in the tourism industry.

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