Category: Business

The promising field of drone deliveries and air taxis might be threatened by an unexpected hazard – strong and sudden wind gusts around tall city buildings. The authors of a study published May 31 in the journal Drones warn that more regulation is needed to adress this issue, before air taxis and delivery drones can […]

The first commercial flight abroad took off Thursday morning from Haifa Airport, after a four-year hiatus. After a four-year absence of international aviation activity, the first commercial flight to Cyprus took off Thursday morning from Haifa airport, as published in Walla! tourism. The flight schedule from Haifa is planned until the end of October. Flights […]

Israel Aerospace Industries (IAI) announced that it had signed a new agreement with NATO member Estonia on Thursday to supply them with drones. Three countries will be supplied with the IAI Rotem loitering munitions system, according to an IAI press release. This follows an announcement in May that NATO member Estonia would purchase long-range cruise […]

Tiger 21, a peer membership organization for high-net-worth wealth creators and preservers, is roaring into Tel Aviv. Tiger 21 founder Michael Sonnenfeldt said he decided to expand into Israel because of his great appreciation of Israeli high-tech and the strong local business community.  “Anyone involved with Israel could not help understand the political tensions going […]

Petah Tikva Mayor Rami Greenberg announced on Thursday that the Tel Aviv light rail is expected to open in July, although the company that operates the line stressed that there is still no confirmed opening. “This morning [I held] a meeting with the head of the NTA – Metropolitan Mass Transit System and the CEO […]

An Australian cyber regulator on Thursday said it has demanded Twitter explain its handling of online hate as the microblog has become the country’s most complained-about platform since new owner Elon Musk lifted bans on a reported 62,000 accounts. The demand builds on a campaign by the eSafety Commissioner to make the website more accountable […]

Teddy Sagi continues to write off public companies where he is invested while injecting tens of millions of dollars out of his own pocket to privatize them. After cybersecurity developer – kape, comes Best of the Best (BOBT), which is traded on AIM. The company, where Sagi holds 29.9%, informed the Tel Aviv Stock Exchange […]

According to a report by BDO, Israel’s natural gas revolution has had a profound impact on the country’s economy, resulting in substantial savings and positioning the Jewish state as a natural gas powerhouse, according to a report by BDO, the largest economic consulting firm in Israel. The country has saved over NIS 316 billion over […]

The risks of artificial intelligence to national security and the economy need to be addressed, US President Joe Biden said on Tuesday, adding he would seek expert advice on the subject. “My administration is committed to safeguarding Americans’ rights and safety while protecting privacy, to addressing bias and misinformation, to making sure AI systems are […]

Space Florida, the state’s leading aerospace finance and development authority, has joined forces with the Israel Innovation Authority, an independent agency focused on fostering innovation ecosystems, to unveil the winners of the highly anticipated tenth round of funding from the Space Florida-Israel Innovation Partnership Program. With a substantial $2 million available for allocation, this program […]