Israel business
HP Israel to lay off up to 90 employees as part of global cost-cutting plan
The reorganization plan at HP was first presented in November 2022, at the height of the crisis in the global tech industry due to rising interest rates.
Bank of Israel chief warns of deep war impact even as economy shows resilience
Amid war and investor pullback, US fund manager Ezra Gardner keeps faith in Israeli tech
Shekel surges as Trump announces Israel-Gaza ceasefire
JVP raises $290M from TPG to propel insurtech unicorn Earnix’s AI revolution
Deal delivered an 8.7x return to early investors
Two private power providers sign major supply deals
Hundreds of thousands of Israeli households receive electricity at a discount from private suppliers
Thoma Bravo in talks to buy Israeli cybersecurity firm Armis at $5b. valuation
Insight Partners is in talks to sell Israeli cybersecurity firm Armis to Thoma Bravo for $5B, possibly ahead of an IPO. Insight Partners could gain up to $3B.
Tel Aviv business put under closure order after employing two illegal residents
Officers found two illegal residents, both in their 30s, staying and working at the bar-restaurant on Allenby Street in Tel Aviv without legal permits.
Israel's economy must function amid Iran attacks, chairman of umbrella business org says
“The Israeli economy has been operating for nearly two years in a state of war and has gained significant experience in handling emergency situations."
Hamilton Lane Israel head at firm’s 2025 investor event
“Since the war, Hamilton Lane has invested close to $250 million in Israel”.
Co-CEO of Hamilton Lane: ‘It’s money time for private markets’
Juan Delgado says private market investing firms are positioned for even greater success – and Israel is one of the company’s key markets
Bank Hapoalim announces relief packages as Israel's economic uncertainty deepens
Bank Hapoalim introduced grants and benefits for reservists, students, displaced citizens, and mortgage holders as part of an economic relief initiative.
Channel 13 ownership shifts as Blavatnik reduces stake, Calemzuk takes control
Blavatnik is not fully divesting from the channel, choosing instead to continue investing several million dollars in the coming months to ensure the financial stability of the network.
Wix provides cautious 2025 guidance after strong 2024
Wix posts record profits in 2024 with first-ever GAAP operating profit but warns of cautious 2025 revenue growth amid currency challenges.
Doing Business in Israel in 2025, what you need to know
The October 7 war has affected the Israeli economy due to IDF reserve duty, frontline evacuations, and higher taxes needed, so what do you need to know?
