Category: Business

[ad_1] Israel Aerospace Industries (IAI) had its most profitable half-year term in the company’s history in 2023, according to an IAI statement published on Wednesday.  The company boasted a 28% increase in net income in the first half of 2023 compared to the same time frame in 2022. Gross profit increased by $29 million in […]

[ad_1] A growing number of Israel’s tech startups are incorporating in the United States, attracted by deep-pocketed US funds and pro-business policies, and with an extra push from a planned judicial overhaul at home that has rattled investors. That marks a reversal, as Israel had managed in the past decade to persuade more of its […]

[ad_1] In a significant move towards addressing critical global agricultural challenges, Netafim, a leader in precision agriculture, has forged a Memorandum of Understanding (MOU) with E20 Investment, a UAE-based entity. This collaboration marks the beginning of a potential joint venture, with far-reaching implications for sustainable farming practices. At the heart of this partnership lies the […]

[ad_1] Burger King has scrapped tomatoes from its wraps and burgers in many Indian outlets after prices more than quadrupled, the latest symptom of surging food inflation that is hitting consumers hard across the world’s most populous nation. “Even tomatoes need a vacation…we are unable to add tomatoes to our food,” read notices posted at […]

[ad_1] Intel Corp. dropped its $5.4 billion deal to acquire Israeli contract chipmaker Tower Semiconductor Ltd. after their contract expired on Tuesday without regulatory approval from China. Intel, which signed the deal to buy Tower in February 2022, did not secure approval from Chinese regulators for the acquisition on time as required under the contract, […]

[ad_1] RiseUp is seeking to help users get the most out of their summer without breaking the bank RiseUp, an Israeli finance tech company is set to launch its “August Challenge” to help families plan their summer activities without putting a strain on their budget, according to a recent release from the company. The challenge […]

[ad_1] In an era dominated by digital connectivity, the question arises: Is the Internet still a realm of reality? The increasing prevalence of bots has sparked curiosity and concern. What exactly are these bots, and how do they shape our online experiences? An Internet bot, commonly referred to as just a bot, is a software […]

[ad_1] Israeli Economy Minister Nir Barkat has embarked on an official visit to Vietnam, accompanied by a delegation of 21 Israeli companies. The trip follows the recent signing of a free trade agreement between Israel and Vietnam, marking the third such pact with an Asian nation in recent years, following agreements with South Korea and […]

[ad_1] As Israel’s second economic quarter comes to a close, all eyes are focused on the Central Bureau of Statistics (CBS) and its imminent release of growth data. A recent economic summary from Bank HaPoalim has set the stage, calling attention to a few critical factors that set the stage for the development of Israel’s […]

[ad_1] After years of waiting and of construction work that disrupted the lives of very many people, the longed-for moment has arrived, and the imminent opening of the Red Line of the Tel Aviv light rail system has the real estate industry wondering what the effect will be on property prices. Will they jump again, […]