Category: Business

Wolt, a food delivery service that operates in many countries worldwide including Israel, announced Monday that it will be launching an aid program, which will amount to NIS 12 million, in support of small Israeli businesses that work with Wolt’s platforms. As part of the program, each business will receive a grant of 8%, […]

As a result of the ongoing war, Israel’s economy has already lost NIS 4.6 billion, according to an analysis from the Manufacturers Association.  Reasons for these severe monetary losses include employees failing to come to work, and overall reduced production during wartime.  For context, 1.3 million workers did not arrive at work during the […]

In late August, the Israeli government announced that it intends to resume the controversial construction of wind turbines on the Golan Heights, despite fierce opposition from the Druze community. Police say it will take a few weeks to prepare and deploy ahead of the renewed construction. This gives government officials and representatives of the […]

Just a couple of minutes from my childhood home facing the Tel Aviv beach (between the Marina and Jaffa), a new luxury hotel recently opened – the David Kempinski Tel Aviv. Having heard so many wonderful reviews about the hotel, I decided to explore how much has changed from the little Tel Aviv that […]

Hundreds of Israeli hi-tech experts have temporarily put their private sector jobs aside to help locate Israelis missing after last week’s attack by the Palestinian terrorist group Hamas. Hamas gunmen evaded heavy Israeli security measures to escape the Gaza Strip and storm Israeli towns and kibbutzes, killing 1,300 people and taking almost 200 into […]

The weeklong forum, organized by the UN Conference on Trade and Development (UNCTAD), focuses on the challenges faced by developing countries amid today’s overlapping global crises. The Secretary-General urged participants – including national and business leaders, sustainable stock exchanges, sovereign wealth funds and finance experts – to put the Sustainable Development Goal (SDGs) Stimulus Package […]

The reverberations of the war between Israel and the Hamas terrorist organization are being felt not only in the conflict-ridden region but also across the global energy economy. In a newly-published report, Bank Leumi’s Chief Economist Dr. Gil Michael Bufman elaborated on the situation’s wide-reaching ripple effects. In a proactive move, the Israeli Tamar […]

The employees of Ashdod Port are maintaining operational continuity, unloading and loading vital goods for the residents of Israel. Ashdod Port is vital to the Israeli economy’s ability to continue functioning. As such, the port continues operating around the clock despite the emergency, emphasizing the personal safety of each employee at the port.  “We […]

The backlog of ships is growing at Israeli ports while operations continue at most terminals amid preparations by the military to launch a ground assault in the Hamas-controlled Gaza Strip, according to data and sources. Israel has vowed to annihilate Hamas in retaliation for a rampage in which its fighters stormed through Israeli towns […]