Author: David Rutman

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 […]

Two famous — and deceased — Israeli singers will be brought together to collaborate on a new song for Israel’s 75th independence day. The song “Here Forever” will be performed by Ofra Haza and Zohar Argov, two famous Israeli singers who passed away in 2000 and 1987, respectively, thanks to the technological wizardry of Israel-based […]

The traditional Independence Day barbecue, which is one of the unofficial symbols of the holiday, will be missing its most Israeli component this year: the “pargiot” (boneless chicken thighs). A notice received by the meat suppliers in Israel informed them that the slaughtering in the slaughterhouses will pause from next Wednesday for the duration of […]

Prime Minister Benjamin Netanyahu and President Isaac Herzog held talks earlier this week with officials at Moody’s regarding the release of Israel’s credit rating, in which the global rating agency downgraded Israel’s credit outlook from ‘positive’ to ‘stable’ on Friday. Netanyahu and Herzog reportedly asked the agency to refrain from downgrading Israel’s credit rating. The Finance […]

The Israeli filing season for tax returns has started. Who must file a tax return? In principle, persons required to file an annual Israeli tax return include: Israeli resident individuals over the age of 18 unless they are eligible for a filing exemption (see below); Most trusts with an Israeli connection; Beneficiaries who received a […]

Global rating agency Moody’s on Friday affirmed its sovereign credit rating at “A1” but downgraded the outlook on the Israeli government’s credit ratings to “stable” instead of “positive.” In a statement, Moody’s explained that the affirmation of the “A1” rating “reflects Israel’s strong economic growth and improving fiscal strength which Moody’s expects to continue in its baseline […]

It is our choices… that show what we truly are, far more than our abilities. – J. K. Rowling “It is our choices… that show what we truly are, far more than our abilities.” J. K. Rowling Passover is now over, which means that for parents with children in the Jerusalem education system, the stress […]

Billionaire Elon Musk is working on launching an artificial intelligence start-up that will rival ChatGPT-maker OpenAI, the Financial Times reported on Friday citing people familiar with his plans. Twitter-owner Musk is assembling a team of AI researchers and engineers, according to the report, which added he is also in discussions with some investors in SpaceX […]

Artificial intelligence (AI) may be paving the way for bold new shifts in the world, but it could also lead to a nuclear-level catastrophe, a significant minority of researchers say, according to a survey from Stanford University’s Institute for Human-Centered AI. The findings come in Stanford’s 2023 Artificial Intelligence Index Report, an annual update on […]

Emirates Airlines will be introducing a third daily flight between Israel and Dubai from May 1, the airline announced this week. Emirates will also be offering Israeli travelers a special price for the flight, to bolster further tourism in Dubai. Emirates is offering travelers a special fare of USD$369 to explore. The offer will be […]