Money

The move that could bring billions to Israel: Energy giant moves closer

ExxonMobil is in talks with Energean to explore gas and oil in Israel as part of a new tender, boosting supply, competition and state revenue.

Offshore gas field.
“Mobile payments have become more mainstream than any other form of payment.”

Israel’s digital wallet boom signals a new era for online payments

Illustration: Woman using a wet wipe

Wet wipes company sold for NIS 178 million

Illustration: Startup company

$7.6 billion in half a year: Tech fundraising surged by 52%


The ex-wife concealed a rare blue diamond worth millions of shekels

The man claimed that the woman exploited her time alone in the house to empty a hiding place of jewelry and diamonds worth NIS 3.2 million. The woman denied his claim.

Illustration: Blue diamonds

The Finance Ministry’s new move targets small savings

New reform: Instead of paying a penalty to the Tax Authority every time you want to switch to a more profitable track, you will be able to skip between companies and products completely freely.

Shekels and dollars

Aligned is raising $60 million

After being ranked at the top of G2's summer reports, the Israeli company Aligned signs an impressive Series B funding round.

Aligned founders - Yotam Sela, Gal Aga, and Gal Deitsch

Confessed to stealing from the register – and received NIS 278,000 in compensation

Employers who "cut corners" and do not maintain hour registration as required by law find themselves facing massive lawsuits of hundreds of thousands of shekels.

She stole NIS 500 from the register, but was awarded compensation of NIS 278,000

Kramer opens the summer

Shlomo Kramer, CEO and founder of Cato Networks, celebrated the company's growth, which reached a valuation of $4.8 billion, at an elaborately produced summer party at Hangar 11.

Shlomo Kramer

The wealth report: A record number of millionaires worldwide

The Global Wealth Report reveals a surge in personal wealth and a record number of millionaires. Where does Israel rank in average wealth?

Dollars

Employee fired after 7 years for taking home two board games

The court ordered the reinstatement of an employee who was fired under the claim that he stole two board games from the company, which he found in the restroom and the kitchenette.

Monopoly

Your Taxes: Look before you leap out of Israeli fiscal residency

Below, we discuss tax aspects for people leaving Israel. In a subsequent article, we will discuss returning to Israel.

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)

Your Investments: Getting back to basics for a secure financial future

From the spiritual to the mundane, when it comes to building wealth, too often, we forget the process.

Rises on the Tel Aviv Stock Exchange – Green Screens.

At the expense of pensions and deposits: How the state will save National Insurance

The State Comptroller's report on the expected insolvency of National Insurance points to an existential threat so severe that everyone prefers to ignore it.

100th birthday? Don't count on it