Category: Business

In the midst of turmoil in the southern region, Eilat has sprung into action, welcoming thousands of civilians and residents evacuated by the IDF into residents’ homes and city hotels. Eilat’s municipality has orchestrated a comprehensive response to ensure evacuees have a comfortable and peaceful stay. In addition to a remarkable influx of supplies, including […]

Israel Bonds and its affiliates have successfully secured over $1 billion in bond investments from investors since October 7, they announced on Thursday. This substantial influx of funds has not only bolstered Israel’s economy but also propelled Israel Bonds to double its annual global bond sales for 2023, surpassing the remarkable figure of $2 billion. […]

Israeli venture capital fund Sarona Ventures, in collaboration with Israeli and American venture capitalists, has announced the launch of a fundraising operation called TechShield. This initiative is designed to provide financial support to Israeli companies affected by the ongoing conflict, allowing them to continue their role in Israel’s technology and innovation sector. TechShield’s mission is […]

In response to the escalating security situation on the northern border, the Ministry of Construction and Housing is taking immediate action to repurpose buildings as shelters in northern cities. Collaborating with local authorities, experts have evaluated the condition of current shelters and identified a significant need for improvement. Responsibility for maintaining these shelters lies with […]

LinkedIn, the popular professional networking platform, faces a surge of account hacks, compromising security and causing users to lose access. This alarming trend necessitates a renewed focus on improving the security of LinkedIn accounts since victims are forced to pay ransom to regain control.  The Rising Threat LinkedIn accounts have been hacked in a widespread […]

A new procedure has been established that will allow the construction of safe rooms in detached houses without the need for a traditional building permit. The Home Front Command, in collaboration with the director of planning, has announced this exciting development on Sunday.  This new route enables the swift approval of residential building construction for […]

Israir, in a show of solidarity with the efforts to bring Israel’s hostages home from Hamas, has introduced a new initiative. For the first time, they have inscribed their company’s plane with the hashtag #bringthemhome and adorned it with a yellow ribbon. The objective is to spotlight the issue of the hostages not only in […]

What started with surging inflation and higher interest rates, turned even worse with the war launched on Israel by Hamas. The once surging Israeli economy has stalled and it’s a cause for worry for many. I have held many conversations with friends and clients and the common denominator for them is that the economy is […]

The war is taking a heavy toll on the Israeli people and its economy. Many young men have been called up to the IDF meaning less personnel at work and less demand for products and services. Others have been placed on unpaid leave. We have discussed some of the financial compensation procedures in recent articles. […]

In the four weeks since Operation Swords of Iron began, many businesses, especially those down South, have been affected and require aid from the government to keep existing. On Thursday, the Knesset voted in the first reading of a draft for an economic aid plan for businesses, but behind the plan lies a fierce political […]