Category: Business

On October 3, the OECD published a new super tax treaty (known as a multilateral instrument or MLI) that should increase tax revenues for countries that want them. Strangely, it seems Israel isn’t interested in those extra tax revenues, although it is an OECD member. The OECD is progressing with various international tax reform […]

Finance Minister Bezalel Smotrich has unveiled a substantial funding expansion for the Israel Innovation Authority’s Fast-Track program in a strategic move aimed at shoring up the country’s hi-tech sector during a period of uncertainty caused by ongoing hostilities. The budget allocation for the program will be quadrupled, soaring from NIS 100 million to a […]

Avery Dennison is launching Cohort 03, a program expansion that incorporates new challenges and a global reach to the rapidly maturing AD Stretch accelerator. Cohort 03 focuses on three challenge areas: the development of next-generation energy storage materials, maximizing consumer experiences, and improving sustainability. The program welcomes startups from across the globe to collaborate in […]

Tipping points are reached when the systems we rely on stop functioning as designed, amplifying the risk of catastrophic impacts, according to new research published by the United Nations University – Institute for Environment and Human Security (UNU-EHS). The Interconnected Disaster Risks report 2023 finds that the world is fast approaching risk tipping points on multiple fronts. […]

Courtney Carey, a resident Dublin, Ireland was fired by Israeli tech company Wix for calling Israel a “terrorist state” and Zionism “the root of violence” against Gaza amid the war between Israel and Hamas. Wix employs several hundred people in Dublin. Carey held the position of Customer Care Team Lead. Carey posted on LinkedIn […]

An exclusive report from Israel’s Diaspora Ministry has raised concerns regarding the popular crowdfunding platform, Launchgood.com, and its alleged connections with the Hamas terrorist organization. The website, established in 2013, has served as a platform for various charitable campaigns, providing assistance in the aftermath of natural disasters and conflicts. Notable initiatives have included aid […]

Elbit Systems Sweden was awarded a contract worth $170 million to become an “integration partner” for the Swedish army’s digitization program. Elbit Sweden is a subsidiary of Elbit Systems in Israel. Elbit is one of Israel’s three largest defense companies. The contract will be performed over a ten year period, the company said. “To […]

A week into Israel’s Operation Iron Swords, the satirical news site The Onion joked that “hundreds of multipronged Israel-Palestine proxy wars are currently being fought across local Facebook groups.” In fact, commentary about the war really has become a battleground, both in person and online, over who can say what and how.  For better […]

S&P Global revised Israel’s outlook to “negative” from “stable” on Tuesday, citing risks that the Israel-Hamas war could spread more widely with a more pronounced impact on the economy and security situation in the country. Last week, peer Fitch placed Israel’s sovereign debt rating of “A+” on rating watch negative and warned that a […]

Israeli technology company Simplex 3D is stepping up to enhance the safety and preparedness of communities across the country following the tragic events of October 7. The company, known for its innovative 3D urban management and planning solutions, is now extending its expertise to strengthen the defense capabilities of local authorities and municipalities. The […]