Tel Aviv insurance conference to draw over 150 world industry leaders

Insurance professionals from across the globe are converging on Tel Aviv this week for the start of Tel Aviv Re, an annual event organized by the Israel Insurance Association (IIA) that attracts senior executives from the insurance industry in Israel and worldwide. More than 150 executives and representatives from leading insurance agencies around the world […]

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El Al to detail five-year strategic plan at Jerusalem Post Conference

Sharon Brownstone, general counsel & strategic partnerships at El Al Israel Airlines, and Marc Cavaliere, senior vice-president of The Americas for the company, will provide details about the airline’s strategic plan for the next five years at the Jerusalem Post Conference in New York on June 5. In the coming five years, El Al plans […]

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OPEC will welcome back Iran’s full return when sanctions lifted

 OPEC will welcome Iran’s full return to the oil market when sanctions are lifted, the secretary general of the Organization of the Petroleum Exporting Countries (OPEC) told the Iranian oil ministry’s website SHANA on Monday. Iran is an OPEC member, although its oil exports are subject to US sanctions aimed at curbing Tehran’s nuclear program. […]

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Israel’s Etgarim launches national fundraising campaign

Faced with a deficit due to a lack of government funding, the Etgarim nonprofit organization, dedicated to the empowerment and social integration of people with disabilities, is launching a national fundraising campaign to keep their programs and activities alive. The fund drive will take place from May 30 to June 7 with a goal of […]

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Elon Musk expected to visit China this week, meet officials

Tesla Chief Executive Elon Musk is expected to visit China this week, three people with knowledge of the matter said, in what would be his first trip to the country in three years. Musk is expected to meet senior Chinese officials and visit Tesla’s Shanghai plant, two of the sources said. It was not immediately […]

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BAZAN to purchase green electricity from renewable energies

Bazan Group and OPC Energy have announced the signing of a ten-year electricity purchase agreement starting in July 2023. The arrangement is for the supply of up to 125 megawatts at an annual cost of NIS 250 million. OPC will supply Bazan with 50 megawatts of electricity from renewable energy sources beginning in January 2025, […]

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Has Israel’s business sector stopped growing?

The Israeli business sector did not grow in 2023, according to the Melnick State of the Israeli Economy Index. The index indicated that the level of activity in the business sector during April was comparable to that of November 2022. This slowdown, which initially emerged in the final quarter of 2022, can be attributed to […]

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Technion and Economy Ministry collaborate to boost industry innovation

In a move aimed at revolutionizing the manufacturing sector, the Economy and Industry Ministry, in partnership with the Technion – Israel Institute of Technology, launched an initiative to enhance the research and development efforts of manufacturing plants across the country. This collaborative endeavor seeks to propel innovation, progress and competitiveness, ultimately boosting production capacity in […]

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Menstrual Hygiene Day: Putting an end to period poverty

Period poverty, or the inability to afford menstrual products, is a serious issue especially in developing countries, an issue menstruating girls and women grapple with monthly and a spotlight topic on Menstrual Hygiene Day, observed annually on 28 May. “I’m happy to come work here because I meet and work with other people,” said Ms. […]

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PTC: A quiet hi-tech giant with a strong Israeli backbone

BOSTON – A sprawling convention show-floor – densely populated with booths featuring augmented reality headsets, 3D printers, drones and a minigolf course, an introductory presentation held in a hall the size of an aircraft hanger, and a grandiose concert featuring a double platinum artist country star – all served to communicate one thing during PTC’s […]

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