Business and Economy

Fischer said he is stepping down for unspecified "personal reasons." His resignation is effective October 13.

Delek Israel, which controls a nationwide chain of gas stations and convenience stores, was sold for NIS 525 million.

In 2019, the US Army announced its intent to buy two Iron Dome batteries to fill a need for an interim capability.

As of December 31, 2022, the price of gasoline in Israel will have risen six times in 12 months.

A couple wants to reintroduce the ancient species of Jacob sheep in Israel.

Israel's 2012 Aviation Services Act compels airlines to provide passengers whose flight was delayed by at least two hours with food and drink as well as communication services.

It’s part of an agreement for developing and bolstering Estonian coastal defense capabilities.

"We will use the coming year for a series of moves that will advance the transition to renewable energies."

Back in August 2014, The Marker reported that the board of directors of JNF decided to become separated from the State of Israel.

Netanyahu spoke at an AEI dinner about free markets, military strength, alliances and choosing the right battles.

The giant ammonia tank was deemed a major health, environmental and security hazard for years.

The Israeli cabinet has passed the 2015-2016 budget, with the abstention of Defense Minister Moshe Ya'alon.

“The Palestinian people would never be subject to blackmail by Israeli officials to promote electoral campaigning.”

The fierce competition and the accelerated rate of doing business this way often don't allow for an orderly and detailed inspection of the quality of purchased items.

MK Miri Regev said the law is a difficult and complicated one, and it requires a serious discussion about its downsides, and therefore shouldn't be rushed into implementation.

PayPal co-founder Max Levchin netted a reported $34 million when his brainchild was sold to eBay in 2002 for $1.5 billion. Ever since that day, the sometimes weird whiz kid Levchin, now 39, has been trying to do it again.

The prospect of a future with 3,000 new jobs and sparkling sweet chocolate-colored liquid may bring peace to Gaza.

“This award is the culmination of several years’ work, creating a high-quality Scotch that is truly unique. . .a wine-finished whisky that happens to be kosher."

Last Friday, Moody’s Investors Service downgraded Teva Pharmaceutical Industries Ltd. to junk rating, citing the company’s debt load.

After all is said and done, Rosenberg has invested a tremendous amount in El Al which is yet to show signs of a robust recovery.

"The Ministry of Defense has not even begun a dialogue with us on our proposal. That is wrong, very wrong. We only ask for a fair chance to compete."

Israel’s Treasury issued $2 billion worth of 30-year bonds at 3.375%, or 115 basis points more than comparable US Treasury bonds, and an additional $1 billion worth of 10-year bonds at 2.5%, or 68 basis points above the US Treasury’s rates.

The $22 million contract will supply man-portable anti-tank weapons.

The government voted on issuing permits for hi-tech employment of foreign workers, and permits for spouses.

The Palestinian Authority is struggling financially and depends on foreign aid for the bulk of its budget.

Called the Eurasia Interconnector, it could replace plans for a pipeline connecting the three countries to transfer gas.

The app placed first among 800 other nominees as the contest, which has been described as the Oscars for the mobile world.

“The best hidden treasures are here,” Lee told Tazpit. “Israelis have amazing innovative minds. You have 12 Nobel laureates!”

The idea of multiplying to a very large extent the amount of crude oil being pushed through the pipeline from Eilat to the Ashkelon terminal is dizzying.

The two will jointly design a first-in-class series of 170 modular-unmanned surface vessels (m-USV) for a range of military and commercial applications.