Category: Business

El Al Israel Airlines is in “serious” talks with planemaker Airbus to buy as many as 30 A321neo jets, El Al’s CEO said on Thursday, in what would be a historic change of supplier as it looks to replace its short-haul fleet. Israel’s flag carrier is also in talks with traditional supplier Boeing to buy […]

Israel’s Embassy in India announced that they have reached an agreement with Indian organizations to provide expertise and resources to start-ups and companies in the water industry.  Israeli Ambassador Naor Gilon signed a Memorandum of Understanding (MOU) on August 3rd with Karanpal Singh – the founder of India-based venture capital firm, Hunch Ventures, and business […]

EIT Manufacturing has been bringing together a growing network of top-tier industrial partners, leading academics, research institutions, and innovative startups, scaleups, and small and medium enterprises (SMEs) from across Europe since its establishment in 2019. The EIT Manufacturing RIS EVO-R 2023 will be supporting manufacturing companies to upscale their innovative solutions from the demonstration stage, […]

Every evening as the sun sets, Tel Aviv offers a breathtaking view. As the day slowly draws to a close, the sky transforms into a stunning canvas of pink, magenta, and violet. The sun becomes a brilliant orb of fiery orange, as it slowly disappears below the horizon. For tourists and locals alike, there is […]

Israelis have increased their credit card spending by 6.2% year over year, with credit card transactions in Israel totaling NIS 41.2 billion in July 2023, according to Shva, the payment processing company that handles all credit payments in Israel. Israeli credit transactions totaled NIS 38.8 billion in July 2022, meaning transactions have increased by NIS […]

Israeli biopharmaceutical firm Mileutis said on Tuesday that results from a clinical trial showed that its non-antibiotic substitute to treat infections in cows boosted milk quality in dairy cows. Mileutis conducted a trial in seven Israeli dairy farms along with Strauss Health, which is partly owned by France’s Danone DANO.PA. The trial of more than […]

The long-delayed Tel Aviv Light Rail will not operate on Shabbat and holidays, it was announced on Tuesday. The decision is a blow to activists who had been pushing for the opening, both of the light rail and buses, on Shabbat. Tel Aviv’s much anticipated partly-above ground and partly-below ground train broke ground in 2011 […]

LinkedIn, the world’s largest professional networking platform, is currently embroiled in a dramatic confrontation that could change the landscape of recruiting and employment practices forever. LinkedIn’s recent decision to introduce filtering options based on skin color, sexual orientation, race, and gender has sparked a legal firestorm, with the U.S. Supreme Court directly challenging the validity […]

Israeli laboratory equipment firm Rhenium is set to welcome a new CEO, Eran Taus, the company announced Monday. Taus, 59, has a long background in the industry. Since the 1990s, he has held managerial posts and served as CEO of a number of different tech industry, services, and logistics companies, including a five-year stint as […]

In the dynamic realm of global oil markets, recent developments have stirred a blend of optimism and uncertainty. In an in-depth oil market review published on Monday, Bank Leumi’s chief economist Dr. Gil Bufman elaborated on the intricacies propelling these fluctuations. Oil price odyssey: Brent crude surpasses $86.5 per barrel Oil prices have been on […]