The shekel continues to trade at its strongest levels against the dollar since early 2023.
In late morning inter-bank trading the shekel continues to gain against the US dollar and the…
Category: 6. Business
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Tel Aviv – New York fares stay high despite US airlines return
The return of US airlines to Israel and Arkia’s entry into the direct flight market between the US and Israel had raised hopes for a fall in airfares. However, at least in the coming months, it seems that fares aren’t dropping to…
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CyberArk surpasses $20 billion market cap after rapid stock surge
Israeli cybersecurity company CyberArk Software continues to gain. At the end of 2023, the share price surpassed the $200 mark for the first time, and 10 months later, it crossed the $300 mark. Last week, less than four months later, it…
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Dream security raises $100m at $1.1b valuation for AI cyber defense
Israeli cybersecurity company Dream Security, which was founded by former spyware company NSO Group CEO Shalev Hulio, former Austrian Chancellor Sebastian Kurz, and Gil Dolev, has raised $100 million at a company valuation of $1.1 billion.
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Tax authority’s new disclosure plan drops anonymity, adds crypto option
The Israel Tax Authority’s new voluntary disclosure procedure will not include an anonymous track as in previous programs, but will include a fast “green” track for reporting cryptocurrency profits of up to hundreds of thousands of shekels,…
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Israeli onchain security co Blockaid raises $50m
Israeli onchain security platform Blockaid today announced the completion of a $50 million Series B financing round led by Ribbit Capital, with participation from Google Ventures and existing investors, including Variant and its…
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Air Haifa to launch Paphos flights
New Israeli airline Air Haifa will launch a new route between Haifa and Paphos in Cyprus on April 3, 2025 with six weekly flights.
New Israeli airline Air Haifa will launch a new route…
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Tender issued for operating Tel Aviv congestion charge
Ministry of Finance accountant general Yali Rothenberg is today publishing the tender for operating the congestion charge in the Tel Aviv metropolitan region. The tender includes planning, construction, operation and maintenance of…
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