Israel Innovation Authority Report: Hi-Tech Critical to the Growth and Prosperity of the Economy

Since the beginning of the year, a change in trend has been observed, demonstrated by employee layoffs.

Wissotzky Tea Company Declared a Monopoly

With over 70% market control, the company's status will be changed to “large supplier” which will place certain competitive limitations on them.

Netanyahu Gives in to Druze Violence, Halts $400 mil. Golan Turbine Project

On Friday, Sheikh Tarif announced that the state must stop promoting wind turbine construction, otherwise, there would be consequences.

Elbit Introduces Electronic Warfare Capability to Counter Drone Threats

The new Radar Warning Receiver capability locates drones and classifies them as a threat.

As Diversity Programs (DEI) Push Jews Away, ERGs Draw Religious People In at Workplace

Some of the biggest U.S. companies are increasingly adding and revering employee resources groups.

Russia’s Drone Onslaught Ups Interest in Israeli Defense System

Rafael’s Drone Dome system has already been deployed in Dubai, and is also protecting airports, military targets and borders in a number of NATO states, as well as in Asian countries.

Take That, Yair Lapid: Netanyahu Meets Oracle CEO on Expanding Investments in Israel

Here's another thing Lapid won’t enjoy: Catz is a died-in-the-wool Republican.

Israeli, American and Australian Corporations Collaborate on Climate Tech Insurance Venture

Extreme weather events have become more frequent and severe, leading to increased property damage, crop losses, and business disruptions.

Report: JPMorgan Offering Banking Services in Israel to Hi-Tech Companies

JPMorgan and HSBC seek Israel's hi-tech business JPMorgan and HSBC seek Israel's hi-tech business.

Israel to Sell Acclaimed Merkava Tanks to Europe

Israel is already hard at work on the Merkava V, nicknamed "Barak," which is currently undergoing field capability tests.

Israel Green-Lights Gaza Offshore Gas Field

Tzachi HaNegbi said the plan will only be implemented if Hamas releases its Israeli hostages.

Smotrich: Intel to Invest $25 billion in New Israeli Plant

The agreement is exceptional, especially in the current hi-tech economic environment in which many countries are competing to attract chip makers.

Minister Eliyahu: Bank Governor Yaron Should Be Tossed Down the Stairs

God bless you, Amichai Eliyahu, you have the same directness and fearlessness of the greatest Sephardi rabbis.

Rafael Develops ‘Sky Sonic’ Anti-Hypersonic Missile Defense System

It's the first interceptor to be developed specifically to counter a hypersonic threat.

Israel and Azerbaijan Enhance Environmental Cooperation Following High-Level State Visits

"Israeli technology can greatly help us in agriculture with their desalination and drip irrigation technology, and many other innovations.”

Biggest Sale in Israel’s History: Germans Approve 4 billion Euros to Purchase Arrow 3

Germany's interest in this system increased dramatically following Russia's invasion of Ukraine.

Israeli Defense Exports Hit All-Time High in 2022

A substantial portion of the contracts signed last year, roughly a quarter of them, were specifically for drones and unmanned aerial vehicles.

Haredi Boycott of Angel Bakery Was Devastating, Barlev Denies Apologizing

His bosses were not happy with Barlev’s distortion of well-document recent history.

Germany to Buy Arrow-3 for Almost 4 Billion Euro

The Germans want to have the Israeli anti-ICBM system in place by the end of 2025.

State of Israel Issues Digital Bond, a Global First

“Technology is always developing and requires us to enter into the thick of things."

Israeli Energy Tech Sector Tops 230 Firms in 2023

“We fully recognize that this journey is undeniably a roller coaster. Yet we are here to empower any bold pioneer with the vision to become the next gigacorn.”

First Air Taxis Tested in Israel

Autonomous urban flights were performed to assess the movement of goods from various branches of the Yohananof supermarket.

Average Israeli Monthly Salary Rose 5% in April

It appears there is a gradual recovery taking place in high-tech, at least in Israel, where the number of salaried positions rose by 3.3 percent between March 2022 and March 2023.

Record Number of US-Based Israeli ‘Unicorns’ a Mixed Bag

Eight American-based Israeli companies surpassed $1 billion valuations in the last year, but market headwinds are keeping the overall number artificially high.

Another Natural Gas Reservoir Discovered Off Israel’s Mediterranean Coast

The new gas field, to be named “Katlan,” is considered the fourth largest gas field to be discovered in Israel since 2010, with 68 billion cubic meters of natural gas.

Nvidia to Build World’s Fastest AI Supercomputer in Israel

The "Israel-1" computer is to be one of the most powerful supercomputers in the world for AI calculations.

Unilever to Raise Prices July 1; Netanyahu Vows to ‘Fight Cost of Living’

The latest price hike follows a wave of other initiated by Tnuva, Osem, Strauss, Diplomat, Terra, Wili Food, and more.

Dubai Free Trade Zone Notches 25% Growth in Israeli Members

DMCC registered its most successful year yet in 2022 and now includes more than 23,000 companies from around the world.
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Israel Passes Budget 64-55 for 2023-24, with 530 Votes, Zero Losses

Despite the last minute dramas, the Knesset approved in second and third readings, the state budget and economic plan for 2023-2024.

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