Category: 6. Business

Israeli digital bank One Zero is undergoing a streamlining process, in which more than twenty employee will be laid off, about 5% of the company’s workforce, and its expansion to Italy will be suspended until further notice. This… Continue Reading

A foreign resident has bought an apartment in the Rothschild 10 tower in Tel Aviv for NIS 47 million. The Rothschild 10 tower is being developed by Tidhar, Weiss Group and Ziv Aviram and the latest deal consolidates the project’s… Continue Reading

Israel’s Supreme Court and Minister of Justice Amiram Levin remain on a collision course after he High Court of Justice instructed Levin to convene the Judicial Selection Committee in order to appoint a new Supreme Court president…. Continue Reading

The increase was mainly the result of a revaluation that increased the reserves by about $4.243 billion, the Bank of Israel reports. Israel’s foreign exchange reserves at the end of… Continue Reading

Israel’s Attorney General Gali Baharav Miara has made it clear to the High Court of Justice that the decision to change the way in which the Civil Service Commissioner is chosen is illegal. “We are talking about a major measure in… Continue Reading

As part of Minister of Finance Bezalel Smotrich’s pledge to combat ‘black money’ through advanced technology, a group of businesspeople and former senior government official have proposed an intriguing, radical and surprising plan… Continue Reading

Former Israeli ambassador to the UN Gilad Erdan is expected to be appointed chairperson of Israel Aerospace Industries (IAI) in November, after Amir Peretz ends his three-year term in the post. This is the decision that Minister of… Continue Reading