Israel business

Israeli chip equipment stocks outperform on Wall Street

Expectations are high due to increased demand and the upcoming financial reports could signal the continuation of the trend in stocks

In January, Israel’s Ministry of Defense signed a multi-year contract with Semiconductor Devices valued at approximately $115 million (NIS 380 million).
People looking for work as unemployment rises

Israel job vacancies hit highest rate since December of 2022, CBS says

NVIDIA

Nvidia in advanced talks to acquire Israeli AI startup AI21 Labs for up to $3 billion

Flam's vineyard snakes through the valley.

Wine Talk: From winemakers to farmers


Judicial overhaul will boost economy, Netanyahu tells nervous entrepreneurs

Netanyahu met with Papaya Global and Disruptive Technologies Venture Capital after they said they planned to pull out of Israel over judicial reform concerns.

 PRIME MINISTER Benjamin Netanyahu holds last Sunday’s cabinet meeting at the Prime Minister’s Office in Jerusalem, as Justice Minister Yariv Levin looks on.

Israel targets 'smart' cities with new 5G mobile auction

Fifth-generation technology is 10 times faster than widespread 4G and rolling it out would improve Internet access in city centers.

A Samsung employee poses with the new Samsung Galaxy S10 5G smartphone at a press event in London, Britain February 20, 2019.

Your Taxes: Employee responsibility, commercial secrets - opinion

Here is a round-up of some interesting happenings on the tax scene.

Calculating taxes

What happened to all of Elite's ‘red cow’ chocolate?

BUSINESS AFAIRS: Strauss’s Elite brand chocolate products have still not fully made their way back onto shelves. What are they planning, and what will they need to do to win back consumers?

 THE STRAUSS Elite candy factory in Nazareth in April, after salmonella was found in a few of its products.

Connect/Israel brings together businessmen from Israel, US and Gulf

In Israel, the group met entrepreneurs such as Dov Moran and Sylvan Adams.

 Connect Israel took young businessmen from Israel, the US and the Gulf on a trip through the Middle East.

Wolt to expand to 15 new communities near Rishon, Rehovot

Wolt was established in 2014 in Helsinki, Finland, as a convenient, fast and serviceable food delivery platform. It began operating in Israel in 2018. 

 A courier working with Wolt, a meal delivery app service, rides a scooter as he delivers an order from a restaurant, amid the coronavirus disease (COVID-19) crisis, in Tel Aviv, Israel July 9, 2020.

Israeli stocks teeter on Wall Street brink

BUSINESS AFFAIRS: The sharp decline in the US stock exchange seems to be hitting Israeli tech companies harder than anticipated.

 TRADERS WORK on the floor of the New York Stock Exchange last week.

SparkIL provides Israel's small business owners a much-needed boost

SparkIL, established in partnership by The Jewish Agency for Israel and the Ogen Group, is the first peer-to-peer lending platform for supporting Israeli small businesses.

 David Elimelech and his girlfriend, Jennifer, display their goods.

TaTiO raises $5.3m. for hiring platform focusing on skills, not résumés

The company uses artificial intelligence to assess job seekers’ skill sets, recommending them to employers without the need for old-fashioned resumes.


Israel’s largest law firm reflects on 50 years of change

“I spoke Hebrew at home, but did not have great Hebrew, and then he made me an offer. The magic word was it was in dollars. I focused on ‘dollars’ and didn’t hear the number,” said a partner.

 View of office and apartment highrise buildings in central Tel Aviv, on November 27, 2017