Category: 6. Business
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Theatron Jerusalem: A fusion of history, hospitality, and heart
In the heart of Jerusalem, where ancient echoes mingle with the pulse of modern life, a unique project has been taking shape for over a decade. Theatron Jerusalem, a visionary endeavor by the Hasid family, is more than just a luxury hotel… Continue Reading
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In Israel Nvidia snaps up employees leaving Intel
Several hundred employees at Intel Israel’s development centers in Haifa, Petah Tikva and Jerusalem will receive dismissal notices this week, after thousands of their colleagues in the US have been laid off. In August Intel… Continue Reading
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Intel weighs up future of $650m Israeli acquisition Granulate
There probably could not have been a better time for Tal Saiag and Asaf Ezra, the entrepreneurs behind Israeli cloud optimization solutions company Granulate. In 2002, they sold the company to Intel for $650 million, after raising… Continue Reading
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Silver is Powering the Green Energy Revolution
In an era where the global push for sustainable energy solutions has never been more urgent, an unexpected hero is emerging from the periodic table: silver. This precious metal, long valued for its monetary and decorative uses, is now… Continue Reading
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Walk quality monitoring co OneStep raises $36m
Israeli smartphone-based walking analysis technology company OneStep has completed a $36 million financing round, bringing to $48 million the total amount raised by the company. The company monitors gait – how a person walks – as a… Continue Reading
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Israeli co Spear UAV unveils suicide drone defense system
The Tel Aviv-based company, which was founded seven years ago, is best known for its unique encapsulated ways of launching UAVs. Israeli loitering munitions (suicide drones) company Continue Reading
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Check Point up 22% since new CEO announced
Israeli cybersecurity company Check Point Software Technologies Ltd. (Nasdaq: CHKP) has seen its share price rise 36% since the start of 2024. On Friday the share price closed up 0.86% at $207.16, near its record high, giving a… Continue Reading
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Treasury seeks to freeze minimum wage and state pensions
The 2025 state budget is due to be presented to the cabinet for approval this Thursday, October 31. At a meeting today between senior Ministry of Finance officials and director general Yossi Shelley and Prime Minister Benjamin… Continue Reading
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Norwegian firm disinvests from Palantir over Israel ties
A large Norwegian investment and asset management firm has decided to sell its shares in US company Palantir Technologies (NYSE: PLTR), an AI services company known for its security products, and for its work with armed forces such… Continue Reading
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How weather and the Hamas have blighted Israel’s olive oil output
Olive oil has a place of honor in Israeli culture, and over the years, and thanks to the drop in prices, its consumption in Israel has only increased. But now, given the harsh reality of the war, the concept of buying locally produced… Continue Reading