Author: David Rutman

Recently, SIBF successfully led a conference of Israeli and international investors. Data shows that from the fund’s establishment in 2020 until today, the fund has invested in 38 tech companies worth 400 million dollars. Partners in the fund are Or Ben Shoshan, Eli Ben Simon, Aviv Cohen and Boaz Or-Shraga. The investment in a single […]

The International Monetary Fund (IMF) on Wednesday flagged Israel’s proposed judiciary reforms as a significant downside risk to the economy that could tighten financial conditions and hinder investment, consumption and long-term growth. Israel needed to permanently reduce uncertainty around the reforms with a “politically sustainable solution that is clearly communicated and well understood both domestically […]

Israel Aerospace Industries signed a deal Tuesday acquiring Greece’s Intracom Defense (IDE), a leader in defense technology in the country. IDE, which has a specialization in producing missile launchers, hybrid generation and land and sea tactical communications, is active in Greece and in other NATO countries. Israel joins many European nations, along with the United […]

President of Burundi Évariste Ndayishimiye officially inaugurated a solar power plant near the country’s capital on Tuesday together with the CEO of the renewable energy company Gigawatt Global. The solar field, which is in Mubuga in the central Gitega province, has provided more than 10% of Burundi’s electricity since becoming operational two years ago. For […]

Israel’s first hydrogen fuel station opened for activity in Sonol Yagur near the Haifa Bay on Monday, putting Israel among the ranks of leading countries in the world that are seeking to replace combustion engines with hydrogen-based fuel cell technology. The newly installed dispenser allows customers to refill compatible vehicles with hydrogen, much like filling […]

LinkedIn in India finally reaches 100 million members. Here’s why it’s more significant than ever: LinkedIn, the professional networking platform owned by Microsoft, recently announced that it has reached a significant milestone in India. The platform now has 100 million members in India, a 19% increase from the previous year.  India is today the second […]

Ahead of Shavuot, delivery service Market Wolt will offer Barilla brand boxes nationwide for the first time. Consumers will be able to purchase, starting May 8, through the Market Wolt delivery app, a high-quality box of Barilla products that includes a variety of different pastas and sauces, including lasagna, mafaldine, farfalle and Pomodoro sauce. The […]

A federal judge in California has tossed out a lawsuit accusing Twitter Inc TWTR.MX of discriminating against workers with disabilities by requiring employees to report to the office and put in long hours working at high intensity. US District Judge Haywood Gilliam in Oakland in a ruling issued late on Friday decided that plaintiff Dmitry […]

Economic growth in the Palestinian territories is expected to slow in 2023, according to a World Bank report released in late April. The report explained that the territories had seen 4% economic growth in 2022, which was attributed to reduced COVID-19 restrictions, but projected that geopolitical tensions and the effects of the Russian invasion of […]

El Al is canceling Saturday night flights from London to Tel Aviv during the summer months in order to avoid starting check-in before Shabbat ends, N12 reported on Sunday. This will reportedly cancel 12 flights that leave London for Tel Aviv every Saturday night in the summer. N12 also reported that the change was initiated […]