Category: Business

A coalition of Israeli organizations and companies, in collaboration with the IDF and Israel’s Health Ministry, is expeditiously importing and distributing advanced point-of-care medical equipment into Israel to address the nation’s urgent medical needs resulting from the Hamas terrorist organization’s deadly shock attack on October 7. The initiative is led by Rachashei Lev, a […]

In September, Israel’s business sector exhibited signs of growth, with the Melnick State of the Economy index registering a 0.2 percent increase, offering a glimmer of hope for the nation’s economic recovery. However, Israel’s recent declaration of war on Hamas following the terrorist organization’s deadly shock attack in early October has cast a shadow […]

A senior Microsoft Israel official expressed concern for the future of Israel’s high-tech sector due to the country’s war with the Islamist terror group, Hamas, warning multinational companies may close research and development activities. Tomer Simon, chief scientist at Microsoft Israel’s R&D Center, said he expressed his concerns in a letter to Tzachi Hanegbi, […]

In light of increased food prices since the beginning of the conflict in the Gaza Strip, prominent Israeli humanitarian organization Pitchon Lev has called for government intervention to impose price controls on essential consumer goods.  Eli Cohen, the CEO of Pitchon Lev, made this plea during a discussion held by the Knesset’s Economic Committee. […]

A fundamental shift must be made in national priorities, including mass reallocation of budgets, over 300 distinguished economists penned in an open letter on Monday addressed to Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich. In the letter, the economists expressed their concerns about the critical economic crisis facing Israel. They called for […]

The Israeli hi-tech sector is showcasing some resilience by remaining actively involved in significant acquisitions, even in the face of ongoing challenges, including the ongoing war between Israel and Hamas. Despite the difficulties and uncertainties that the region is facing, these companies are not only surviving but actively growing and expanding their global reach. […]

Last weekend marks the third instance of emergency mode public transportation operations on Fridays and Saturdays since the start of the war. However, Transportation Minister Miri Regev faced severe criticism for initially withholding public transportation on Shabbat due to pressure from ultra-Orthodox parties, despite public demand. This delay hindered the timely arrival of IDF […]