Author: David Rutman

It’s perfectly possible to make money in Israel and keep most of it. According to the OECD, Israeli tax revenues amounted to 32.2% of GDP in 2021, which was better than the OECD average of 34.1%. You are probably doing taxable business in Israel if you conduct business activities in Israel or operate in Israel […]

Twitter removed the blue checkmark on Thursday for all users who have chosen not to pay the monthly cost for it for it. Notable academics, celebrities, journalists and public figures, who had the verified status and now do not, include Beyonce, Donald Trump, Pope Francis, Mark Hamill, Bill Gates, Twitter founder Jack Dorsey and many […]

Migdal Insurance, controlled by Shlomo Eliyahu, lost approximately NIS 468 million in the past year compared to a profit of NIS 1.73 million in 2021, according to reports released late last month.  In the fourth quarter of 2022, the group earned NIS 388 million, compared to a profit of NIS 747 million in the corresponding […]

Israel will give regulatory approval to a company to produce non-animal cow’s milk for the first time in the coming days, Prime Minister Benjamin Netanyahu announced on Wednesday. He made the statement during a visit to Steakholder Foods in Rehovot, a company that uses 3D printing to produce real meat from ethically harvested cells, known […]

Iranian hackers known as “Mint Sandstorm” have been refining their tactics and targeting energy and transportation infrastructure in the US, including ports, energy companies and transit systems, Microsoft Threat Intelligence reported on Tuesday. Mint Sandstorm is the new name used by Microsoft to track the activity of the collection of hacker groups formerly known as […]

Roman Badanin, an independent Russian journalist who fled Russia after receiving death threats and was in danger of imprisonment, gave an interview to CNN where he discussed his investigation into the secret luxurious lifestyle of Russian President Vladimir Putin and details about his mistress, Alina Kabaeva. Badanin gave CNN this new and exclusive information about […]

Israel’s GenCell received the Rising Star in the Hydrogen Field award in the framework of the Hydrogen Future Awards 2023, presented at the Connecting Green Hydrogen MENA conference held in Dubai earlier this month. GenCell has developed resilient zero-emission hydrogen and ammonia-to-power technologies. It is also developing a method that will turn “water to power” […]

Startup Snapshot, a data-sharing platform for the startup ecosystem, has released a report titled “The Untold Toll: The Impact of Stress on the Well-Being of startup founders and CEOs,” which uses data collected from over 400 startup founders across the globe in order to shed light on the impact of entrepreneurship on mental health. The […]

The main factor in Moody’s downgrade of Israel’s credit outlook last week was concern over a threat to the country’s judicial independence if the overhaul passed into law, the ratings agency said Monday. “The main reason for downgrading Israel’s credit outlook was the changes in the judicial system that the government plans, which lowers its […]

The bank was honored to announce that the CEO of the Discount Group, Mr. Uri Levin, has announced his intention to end his tenure after nine years.  Levin held senior positions in the management of the bank and the group, including about 3.5 years as CEO. It was reported that the date of the end […]