Israel business

Israel's tech employees cost more than US counterparts

Tech workers in Israel are currently 2.4 times more expensive than their counterparts in Poland, Lithuania, Romania, and Ukraine

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

A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking

Shekel gains sharply despite interest rate cut

David Alexander, Deputy CEO of Phoenix Financial

Evolving regional economic opportunities


Israeli stocks teeter on Wall Street brink

BUSINESS AFFAIRS: The sharp decline in the US stock exchange seems to be hitting Israeli tech companies harder than anticipated.

 TRADERS WORK on the floor of the New York Stock Exchange last week.

SparkIL provides Israel's small business owners a much-needed boost

SparkIL, established in partnership by The Jewish Agency for Israel and the Ogen Group, is the first peer-to-peer lending platform for supporting Israeli small businesses.

 David Elimelech and his girlfriend, Jennifer, display their goods.

TaTiO raises $5.3m. for hiring platform focusing on skills, not résumés

The company uses artificial intelligence to assess job seekers’ skill sets, recommending them to employers without the need for old-fashioned resumes.


Israel’s largest law firm reflects on 50 years of change

“I spoke Hebrew at home, but did not have great Hebrew, and then he made me an offer. The magic word was it was in dollars. I focused on ‘dollars’ and didn’t hear the number,” said a partner.

 View of office and apartment highrise buildings in central Tel Aviv, on November 27, 2017

This AI platform aims to help corporations fix their sustainability issues

Continue AI has announced a $5.7M funding round that it will use to further develop its AI platform.

Artificial intelligence

Israel’s UN Climate Tech Delegation for COP27 announced

These are the 10 companies that will make up the delegation representing Israel's climate tech industry on the world stage.

Israel Start up

Joonko raises $25m., enabling huge US companies to hire diversely

The company was founded in order to help companies hire more underrepresented individuals. Here's what it has planned.

 The team at Joonko.

Bank Leumi CEO: It's difficult to recruit talent for banking system

The CEO of Bank Leumi spoke about the difficulty in recruiting talent for the banking system, the severe recession in Europe and Israel's economic status.

Israelis walk past a branch of Bank Leumi in Tel Aviv

Upstep has record August, sells 300% more insoles than 2021

After many months of optimization work, the company created a solid foundation for a significant increase in sales, while improving all the data at the same time.

 Upstep's products.

Meet the company specializing in testing standards that is coming to Israel

TÜV SÜD’s entry into Israel will help create collaborations between businesses and labs in Israel and internationally, will increase professional standards and introduce technological innovations.

 A computer keyboard lit by a displayed cyber code is seen in this illustration picture taken on March 1, 2017.