Category: Business

Africa aims to leverage Israel’s advanced agricultural technology to enhance its organic produce yield. This surplus could be marketed to both Israel and global markets, simultaneously strengthening domestic food security, according to Segun Olusegun Olanipekun, president of the African Leadership Summit (ALS). Earlier this month, Olanipekun headed a delegation to Israel comprising over 50 African […]

Israel is set to bolster its position in the fields of artificial intelligence and supercomputing with a strategic investment by the Israel Innovation Authority (IIA). An allocation of up to 30 million NIS will fund the establishment of a state-of-the-art Research and Development (R&D) Lab, aimed at providing crucial infrastructure and support to companies and […]

Israel’s Foreign Minister Eli Cohen engaged in an unconventional interview on Thursday when he held a conversation with the avatar of esteemed Israeli journalist Amit Segal. This innovation was introduced by ACT NEWS, a forward-thinking tech startup focusing on integrating artificial intelligence into global news mediums. This first-of-a-kind interview was orchestrated to commemorate the inauguration […]

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 2023 […]

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 startups […]

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 shared […]

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 two […]

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, the […]

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 is […]

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 application […]