Category: Business

The history of the President Hotel in the Talbiyeh neighborhood in some respects resembles the story of the boy who cried wolf.  Over the years, the abandoned building has been the subject of numerous newspaper articles in which plans for its future were published, but none eventuated. The President, frequented in its heyday by politicians, […]

After four years of excavation, archaeological preservation, extensive engineering work, and construction – and just in time for the sweltering heat wave now baking Jerusalem – an indoor swimming pool measuring 16×8 meters was inaugurated on July 3 at the Terra Sancta School in the Old City’s Christian Quarter. The sports and cultural center in […]

‘I have been in the United States for a year and a half,” says Adv. Tsili Naveh, “and I have met Jews who love Israel unconditionally.” Naveh is speaking from her residence in New York that she shares with her husband Dani, businessman and former Likud politician, who is currently serving a five-year term as […]

Finance Minister Bezalel Smotrich signed an order Friday to reduce the excise tax and sales tax imposed on gasoline in order to prevent the price to consumers from rising at the beginning of August, the Finance Ministry said. The price of gas will remain at NIS 6.85 per liter. The ministry has been continuously applying […]

The country’s “controversy over judicial reforms will continue to harm the Israeli economy,” according to a report published by S&P’s 500 stock market index Thursday. “The controversial reform has led to sizable public protests, and, in our view, if government and opposition do not achieve an agreement on the topic, this could further exacerbate domestic […]

The Israel Wikipedia association celebrated the 20th anniversary of the Hebrew language Wikipedia site recently at a special event with a community of 150 writers who write entries.  Representatives from the World Wikimedia Foundation attended the event at SOK Tel Aviv, along with the chair of Wikimedia Israel Itzik Adri and CEO Michal Wander Schwartz. […]

Mattel is banking on the box office success of the Barbie movie to help drive doll sales in the second half of the year, CEO Ynon Kreiz said on Wednesday, as the toymaker recorded a strong performance in July following the buzz around the film. The California-based company also posted a surprise profit in the […]

On Wednesday Check Point CEO and co-founder Gil Shwed made an uncharacteristic statement regarding Israel’s current political climate. “For years we fought for the registration of our activity in Israel and we have been here for 30 years, but I don’t know if this is what would have happened today,” he said. “Neither on the […]

The business sector is warning that a wave of insolvency is expected in 2024 due to several factors affecting the Israeli economy. The president of the accountants association warned that construction contractors are facing liquidity problems, and the chair of Mercantile Bank stated that they’re preparing ways to assist clients. These fears were expressed on […]

Sygnia, a prominent Israeli cybersecurity company, has recently released updated details on the activities of the Casbaneiro attack group, which has been wreaking havoc on organizations globally, with a specific focus on targeting the financial sector in Latin America since 2018. Sygnia’s investigations reveal that the threat actors behind the Casbaneiro campaign have continued their […]