Category: Business

In a statement released alongside PwC Israel’s 2023 earnings report, Partner and Head of Assurance and High-Tech cluster at the leading Israel professional services firm, Yaron Weizenbluth, reflected on the profound and evolving impact of the ongoing war on Israel’s civil, military, and economic landscape in the aftermath of October 7, a day that marked […]

The conflict between Israel and Hamas has caused a sharp decline in tourism as safety concerns and geopolitical instability cast a shadow over once-vibrant travel destinations.

In a significant trend sweeping through Israel, organized groups of foreign investors have been rapidly acquiring small apartments in key cities, with the most notable example being the Midtown Jerusalem project by Israel Canada. According to data from the Israel Tax Authority, a striking 75 two-room apartments have been purchased in Jerusalem since the onset […]

Fourteen cents of every dollar invested in Israeli hi-tech are directed towards climate-related ventures, according to an extensive report published on Wednesday by the Israel Innovation Authority and PLANETech, a joint initiative of the Israeli Innovation Institute and the Consensus Business Group led by Vincent Cheng. The report, drawing insights from 784 climate-related companies established […]

Israel’s airlines have collectively lost approximately $155 million as a result of canceled flights ever since the war with Hamas in Gaza began. As such, airline companies on Tuesday called for the suspension of the Tibi Law, which entitles customers to financial compensation due to canceled flights. In a meeting with Knesset Economic Affairs Committee […]

Oron Real Estate, a reputable player in Israel’s real estate market under Oron Holdings and Investments Group, presents the NEW CONCEPT Or Yehuda project. Nestled within the vibrant ‘Bait Ba Park’ neighborhood, this development enjoys proximity to Kiryat Ono and convenient access to Tel Aviv. (credit: Olin) Strategically situated near educational hubs and major transport […]

In an interview with The Jerusalem Post, two prominent voices from the Israeli government shed light on the challenges and strategies involved in presenting Israel’s side of the story to the world. Eylon Levy and Tal Heinrich, English spokespersons for the Israeli government and its prime minister respectively, shared insights into their experiences, coping mechanisms, […]

The opening of the current war plunged the country into chaos, leaving its citizens feeling vulnerable and distrusting of the government. Amid this turmoil, local authorities found themselves at the forefront, taking on roles that were beyond their mandate. Keren Green, head of the Kadima Zoran Council, and Israel Gal, mayor of Kiryat Ono, emerged […]

El Al Airlines announced Friday that it will be making adjustments to its flight schedule on active routes due to the ongoing war with Hamas in Gaza. The company is following domestic security guidelines as well as travel warnings for Israeli citizens staying abroad, as published by the National Security Council. These adjustments come as […]

The Transportation Ministry will grant refunds to users of public transportation who had monthly passes on October 7, the day Operation Swords of Iron, Israel’s war on Hamas in Gaza, began. Due to the recruitment of drivers and buses, public transportation activity significantly decreased during the initial period of the war. The refund will only be […]