Category: Business

Israel’s GenCell received the Rising Star in the Hydrogen Field award in the framework of the Hydrogen Future Awards 2023, presented at the Connecting Green Hydrogen MENA conference held in Dubai earlier this month. GenCell has developed resilient zero-emission hydrogen and ammonia-to-power technologies. It is also developing a method that will turn “water to power” […]

Startup Snapshot, a data-sharing platform for the startup ecosystem, has released a report titled “The Untold Toll: The Impact of Stress on the Well-Being of startup founders and CEOs,” which uses data collected from over 400 startup founders across the globe in order to shed light on the impact of entrepreneurship on mental health. The […]

The main factor in Moody’s downgrade of Israel’s credit outlook last week was concern over a threat to the country’s judicial independence if the overhaul passed into law, the ratings agency said Monday. “The main reason for downgrading Israel’s credit outlook was the changes in the judicial system that the government plans, which lowers its […]

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 […]