Tower teams with Adani on $10b Indian chip plant
Deputy chief minister of Maharashtra Devendra Fadnavis says the plant will eventually produce 80,000 wafers annually.
Salesforce buys Israeli data protection co Own for $1.9b
Own has developed a platform that provides companies with backup to protect against the loss of essential data.
Azerbaijan tax breaks tempt Israeli tech firms to relocate
Azerbaijan is offering major tax incentives to startups that move operations to the country.
Ryanair cancels Israel flights until end of October
At the same time many foreign airlines are resuming flights to Israel this week.
Netherlands to procure Rafael's Spike LR2 missiles
The Netherlands Army has announced it will procure more than 200 medium-range anti-tank missile launchers for an investment of as much as €250 million.
Shekel rebounds in volatile forex market
Poria Financial Planning chairman Or Poria: We see the shekel strengthening in the long term.
Maccabiah chairman Assaf Goren expects next summer's 'Jewish Olympics' to be an important demonstration of Zionist solidarity in the face of rising antisemitism.
Maccabiah chairman Assaf Goren expects next summer's 'Jewish Olympics' to be an important demonstration of Zionist solidarity in the face of rising antisemitism.
Publicly traded Israeli defense companies see boom in orders
War at home and abroad has boosted the share prices of defense companies traded on the Tel Aviv Stock Exchange.
Ilya Sutskever raises $1b for AI co SSI - report
SSI will focus on building a small highly trusted team of researchers and engineers in Palo Alto and Tel Aviv, company executives have told "Reuters."
Amnon Shashua told the Goldfarb Seligman and PwC Israel Up & Coming conference that the war is hurting Israeli tech because customers and investors are scared to come here.
Amnon Shashua told the Goldfarb Seligman and PwC Israel Up & Coming conference that the war is hurting Israeli tech because customers and investors are scared to come here.
Justice Ministry mulls abolishing betterment levy
Discussions are underway on reform of the real estate tax, which has become a bureaucratic monster.
Shekel sharply weaker in wake of Wall Street falls
Mizrahi Tefahot Bank chief economist Ronen Menachem: The hostage deal uncertainty and judicial reform talks also weaken the shekel but Smotrich's 2025 deficit plans could offset the depreciation.
Israel's average monthly wage still rising
In July 2024, the average wage in Israel was NIS 13,683, up 6.7% from July 2023, the Central Bureau of Statistics reports.
Norway fund under growing pressure over Israel
Norway's sovereign wealth fund is considering toughening the ethical criteria for its investments, and disinvesting from more global companies connected to Israel's war in Gaza, "Reuters" reports.
Israeli from start to finish: Intel unveils Lunar Lake CPUs
The new processors for personal computers, development of which was managed by an Israeli team in Haifa, incorporate an AI engine.
90 laid off in Israel as Meta trims metaverse program
The layoffs, which were delayed because of the October 7 massacre, took place in January.
Former US national security advisor Robert O'Brien warned that a full arms embargo on Israel could threaten UK company BAE's participation in F-35 aircraft production.
Former US national security advisor Robert O'Brien warned that a full arms embargo on Israel could threaten UK company BAE's participation in F-35 aircraft production.
Treasury mulls plan to hike VAT to 18.5%
The government has already approved raising VAT to 18% from January 1, 2025 as part of a special budget that was passed after the start of the war.
Smotrich's 2025 budget plan: Tough measures to pay for war
Finance Minister Bezalel Smotrich aims to narrow the deficit with a freeze on public sector pay, pensions and allowances, and higher income tax for the lowest tax bracket.
Menora Mivtachim renews pursuit of Isracard
The Israeli insurance and finance firm is offering to buy a 32% controlling core in the credit card company.
Uncertainty stymies Israel's office real estate market
Avison Young Israel CEO Guy Amosi says companies prefer to wait and see before expanding office space but says there will be a boom after the war.
Smotrich touts restrictive 2025 deficit target
Discussions on the 2025 budget have resumed, but government sources question whether the minister of finance and the prime minister are in step.
Couple set to pocket NIS 340m from finance co sale
Adv. Ephraim and Odelia Shpitalni own 60% of Gamla Harel, which Harel Insurance has offered to buy at a NIS 560 million valuation.
Lufthansa Group announces resumption of Israel flights
The group suspended flights to and from Israel after the the deadly rocket attack on Majdal Shams on July 27.
UK suspends some arms exports to Israel
A two month legal review by the new Labor government has found that some British defense exports, "might be used in violation of international law in Gaza."