Israel business

Israel's quantum leap: Building a national hub for the next tech revolution - interview

“AI requires, on one hand, a lot of technology, which Israel excels in, but also from the other end, it needs for the data centers, lots of land and lots of energy, which Israel does not have."

Portrait of a female researcher standing before a quantum computer. (Ilustrative)
The New York City skyline and the Empire State Building, as wildfire smoke impacts air quality in New York City, US, July 17, 2026.

'Deals happen outside meetings': Hakibbutz unveils first Israeli startup home in New York City

People walk near office towers at a business park also housing high tech companies, at Ofer Park in Petah Tikva, Israel August 27, 2020

Israel's tech employees cost more than US counterparts

In January, Israel’s Ministry of Defense signed a multi-year contract with Semiconductor Devices valued at approximately $115 million (NIS 380 million).

The curse of being Israel's most valuable company


Judicial reform will not make me leave Israel, Papaya Global boss says

Guez has been among the most outspoken members of the high-tech community against judicial reforms.

 Papaya Global's offices

Deepchecks secures $14M for Machine Learning validation technology

Despite rapid growth, only half of machine learning models succeed in production, calling for enhancements to ensure success.

 Should we be wary of the risks that powerful Artificial Intelligence systems could pose to humanity? (illustrative)

Business and pleasure: Israel and Japan sign a new visa agreement

Visa applicants must meet a number of basic requirements including a clean criminal record, having medical insurance and having a way to support themselves. 

 Israeli Ambassador to Japan Gilad Cohen and Japanese Foreign Minister Kenji Yamada sign the "work-holiday" visa agreement in April 2023.

Bath & Body Works to begin operations in Israel

Bath & Body Works – the world's leading chain in the field of care products, air and home fragrances – will open at least 30 stores in Israel by 2026.

 This is a shot of the Bath and Body Works store in the Eaton Centre in Toronto, Canada.

Bazan Group records $776 million in adjusted EBITDA and $441 million in annual net profit for 2022

The company listed a decrease of $224 million in net debt in 2022, and announced the distribution of a $220 million dividend.

 Moshe Kaplinsky, Chairman of the Bazan Group.

'Netflix Tax' planned by gov't likely to raise streaming prices

Though the providers themselves would be obligated to pay the added VAT, it’s likely that the move will result in higher subscription fees.

 Toy figures of people are seen in front of the displayed Disney +, HBO Max, Apple TV, Netflix, Hulu and Prime video logos, in this illustration taken January 20, 2022.

Judicial overhaul will boost economy, Netanyahu tells nervous entrepreneurs

Netanyahu met with Papaya Global and Disruptive Technologies Venture Capital after they said they planned to pull out of Israel over judicial reform concerns.

 PRIME MINISTER Benjamin Netanyahu holds last Sunday’s cabinet meeting at the Prime Minister’s Office in Jerusalem, as Justice Minister Yariv Levin looks on.

Israel targets 'smart' cities with new 5G mobile auction

Fifth-generation technology is 10 times faster than widespread 4G and rolling it out would improve Internet access in city centers.

A Samsung employee poses with the new Samsung Galaxy S10 5G smartphone at a press event in London, Britain February 20, 2019.

Your Taxes: Employee responsibility, commercial secrets - opinion

Here is a round-up of some interesting happenings on the tax scene.

Calculating taxes

What happened to all of Elite's ‘red cow’ chocolate?

BUSINESS AFAIRS: Strauss’s Elite brand chocolate products have still not fully made their way back onto shelves. What are they planning, and what will they need to do to win back consumers?

 THE STRAUSS Elite candy factory in Nazareth in April, after salmonella was found in a few of its products.