Category: Business

The developer who leased a large portion of the Armenian Quarter has presented to the Jerusalem Municipality a concept for a luxury hotel complex that would encompass 10 to 20% of Armenian land with the potential to tack on “adjacent” properties during the duration of the lease. For more stories from The Media Line go […]

Wall Street stocks opened slightly higher on Monday while oil prices declined, as investors digested Chinese data that heightened worries of an economic slowdown and looked ahead to a key US inflation report. The Dow Jones Industrial Average rose 0.32% to 33,843.7, the S&P 500 gained 0.18% to 4,406.78 and the Nasdaq Composite added 0.06% […]

The ambitious set of objectives agreed in 2015 for people and planet have been derailed by the COVID-19 pandemic and escalating global crises. Since the adoption of the 2030 Agenda the world has undergone significant changes, and progress towards the SDG is falling behind due to financial, energy, food, and humanitarian setbacks exacerbated by geopolitical […]

Samsung is set to unveil several new foldable devices during its Unpacked event in Seoul on July 26, the company announced on 5 July. The event in South Korea comes after similar events in New York and Las Vegas in recent years, and the company is expected to unveil several new foldable devices. In the […]

The Jerusalem College of Technology (JCT) received its excavation permit on Sunday to build the new Tal Campus, which will be dedicated to empowering religious women to get jobs by expanding their education and career opportunities. “JCT is the leading Israeli institution of higher education providing academic training for religious women,” Jerusalem Mayor Moshe Lion […]

The Israel Innovation Authority (IIA) has announced the introduction of a program aimed at propelling technological leadership in three critical sectors: delivery technology, health-tech utilizing Bio-Convergence technologies, and technology solutions for schools and campus security. With a budget of NIS 40 million, the program aims to foster collaboration among companies and technologies within a unique […]

The Israeli automobile market ended the first half of 2023 with a passing mark only. Although 174,000 directly imported vehicles were delivered between January and June, a respectable total and representing a 10% rise in comparison with the first half of 2022, the market was chiefly closing gaps in supply that arose last year. Were […]

Comedian Sarah Silverman and two authors have filed copyright infringement lawsuits against Meta Platforms and OpenAI for allegedly using their content without permission to train artificial intelligence language models. The proposed class action lawsuits filed by Silverman, Richard Kadrey and Christopher Golden in San Francisco federal court Friday allege Facebook parent company Meta and ChatGPT maker […]

An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to an Invesco survey of central bank and sovereign wealth funds published on Monday. The financial market rout last year caused widespread losses for sovereign money managers who are “fundamentally” rethinking their […]

The ongoing wave of layoffs in Israeli and global hi-tech sectors is hitting thousands of employees, and regrettably, they’re not expected to end in the coming months. Those who have been let go are faced with the daunting task of embarking on a new job search while dealing with financial and emotional challenges. Amid this […]