Category: Business

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 the […]

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 economy […]

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, or […]

Israeli company Rafael Advanced Defense Systems has announced that it has been awarded a new contract with an Asian nation to provide comprehensive maintenance support services for operational systems employed by its navy. The multi-year agreement is worth an estimated NIS 100 million ($30 million dollars) and will include maintenance services for the navy’s TYPHOON […]

News Corp Australia, an Australian media conglomerate, has been using generative artificial intelligence (AI) to produce 3,000 weekly articles, according to a report from The Guardian late last month. The media organization’s executive chair, Michael Miller, claimed that with a four staff member team they are able to use AI to create thousands of articles […]

Progress is already being made: a school building was saved from burning down; farmers are earning 50 per cent higher incomes; and a healthier peatland is reducing greenhouse gas emissions. Since its launch in 2019, the programme, which includes training for villagers and critical infrastructure upgrades, has dramatically reduced fire risk and equipped the residents […]

Visa, Bank Leumi, and United Airlines announced their launch of new credit card in Israel, according to a Thursday press release. New cardholders are to be automatically enrolled in United Airlines’ customer loyalty program,  United MileagePlus. The United website notes that this program offers the “most ways to earn and use miles and the most […]

The first time I wrote about climate change must have been 20 years ago. Those were the days when companies wrote about corporate social responsibility, or CSR, which then moved on to sustainability; then the environment, social, and governance reporting; and now it’s all about climate and society. I was living in London at the […]

The agricultural landscape is evolving, with sustainable practices and efficient resource utilization taking center stage. Among the critical aspects of this evolution is pollination, an essential process that underpins the production of about 75% of major food crops. Recognizing the significance of effective pollination, BeeHero, a data-driven agri-tech company, has introduced the Pollination Insight Platform. […]

Recent findings from Bank Hapoalim and KANTAR’s Consumer Confidence Index have revealed noteworthy shifts which cast a favorable light on Israel’s economic landscape, despite its ongoing political concerns. The index, which measures consumer sentiment, saw a rise of 1.2 points in July 2023, reaching a level of 126.3 points. This upswing in consumer confidence reflects […]