Author: David Rutman

Mekorot, Israel’s National Water Company, achieved a significant milestone this week as it successfully completed the institutional phase for negotiable bonds, expanding its Series 11 Bonds.  The company, responsible for managing Israel’s water supply, witnessed an overwhelming demand that reached NIS 1.8 billion, which is three times the initially planned issuance.  Mekorot successfully raised NIS […]

X (formerly Twitter), the globally renowned microblogging platform, recently announced its plan to allow verified organizations to post job listings directly on their Twitter profiles. Twitter CEO Elon Musk hinted at this significant step in May, extending the platform’s functionalities far beyond its original design. A New Chapter in Twitter’s Growth Story Since its inception, […]

A recent court ruling on a dispute between two start-up founders could lead to entrepreneurs drawing up founders’ contracts that focus more on anti-competition mechanisms and exploiting business opportunities when drafting business contract, Firon Law firm commercial law department attorneys Avi Moreh and Meitar Meiry Dagim told The Jerusalem Post. Moreh said that it was […]

Dubai is experiencing a surge of interest in office spaces and commercial real estate from thriving local businesses and from international entrepreneurs eager to gain a foothold in the United Arab Emirates, according to several leading UAE companies. For more stories from The Media Line go to themedialine.org Dubai-based office design and construction firm Janat […]

The traditional Sunday-Thursday workweek in Israel has been a defining feature of the nation’s work culture. However, there are those who argue that it poses certain challenges to the economy, primarily because at present it facilitates a five-and-a-half day workweek, with many workers laboring from Sunday to Thursday, with another half day on Friday.  In […]

But I ran out of places and friendly faces/ Because I had to be free/ I’ve been to paradise but I’ve never been to me – Charlene: “I’ve Never Been to Me” This week we read a double Torah portion of Nitzavim and Vayelech. It’s the final charge given to the Jewish people by Moses […]

Israeli food tech company SavorEat has joined forces with Sodexo, a global leader in food services and facilities management, in order to introduce SavorEat’s innovative Robot Chef to the American market, beginning with a debut at the University of Denver and followed by another US university campus. SavorEat’s Robot Chef will produce personalized, digitally-manufactured plant-based […]

Affinity Partners headed by Jared Kushner, the son-in-law of former US president Donald Trump, will invest about NIS 570 million for the continued development of vehicle and credit activities of Shlomo Group. This will be the first investment in an Israeli company by Affinity Fund, which was founded by Kushner in 2021. Saudi Arabia, which […]

Israeli firm Trucknet will soon see its technology in use in Saudi Arabia by way of a Bahrain-based logistics company’s trucks providing service to US military vehicles.  This is the result of a Memorandum of Understanding signed earlier this week with Cox Logistics W.L.L., a transportation and logistics company with its biggest offices in Bahrain […]

In the face of mounting economic challenges and soaring living costs, a significant portion of the population is grappling with the prospect of cutting back on holiday expenses. A recent study conducted by the Friendship Foundation has shed light on the financial hardships experienced by many, revealing that 43% of the Jewish public in Israel […]