Business & Innovation | The Jerusalem Post

Prime Minister Yair Lapid looming over several staple Israeli food brands

Huge food import reform is coming in January In an effort to combat the high cost of living the Israeli government announced the cancelation of 97 Israeli food standards.

Tech & Start Ups

A general view of a Mobileye autonomous driving test vehicle, at the Mobileye headquarters

Intel's self-driving unit Mobileye files for US IPO

Mobileye, an Israeli company that Intel bought for about $15.3 billion in 2017, uses a camera-based system with adaptive cruise control and lane change assistance in driverless cars.

Israel’s police, fire and EMS will now come as a package deal thanks to AI tech

Although Israel’s system saves time because callers don’t have to first talk to a 911 operator as they do in the US, what if a crisis requires a response from multiple services?

By JERUSALEM POST STAFF

Mobileye vets launch start-up to assess what drugs should go to trial

OMEC.AI, founded by Ori Shachar and Amir Harel, aims to transform the process of drug discovery and development for the betterment of human health.

By MAAYAN JAFFE-HOFFMAN

Banking & Finance

Working from home? It comes with tax implications in Israel and abroad

What are the tax implications of working from home? Quite a lot actually in each country. Below we review some of the possible tax issues.

Being disorganized is costing you money - declutter and save money

Lately, many of us have been feeling the effects of inflation in one way or another. Decluttering and organizing may be the perfect way to de-stress about your finances.

Russia to adopt Islamic banking practices in response to western sanctions

The experimental pilot plan to implement Islamic financial practices in the country's Muslim-majority regions will, if approved, begin in February 2023.

By MAYA ZANGER-NADIS

Market Data

Opinion

Rosh Hashanah

Rosh Hashanah: Judgment Day for your soul and finances - opinion

One of the central aspects of Rosh Hashanah is that it’s the Day of Judgment. The question that needs to be asked is why is it the Day of Judgment?

A worker tends to systems in the back of a Mobileye autonomous driving test vehicle, at the Mobileye headquarters in Jerusalem

Five reasons Israeli tech growth is just beginning

In 2021 alone, both the size and volume of investments in the Israeli tech ecosystem grew exponentially. Some $25.6b. was invested in Israeli tech start-ups.

APPLES AND honey: The classic Rosh Hashanah combination.

Ahead of Rosh Hashanah, consider charity, giving - opinion

The media is full of stories about how people have no food for the holidays. Keep in mind that our High Holy Day prayers are in the plural. The time of year is not about ‘I.’ It’s about ‘us.’

Energy & Infrastructure

Liberman signs on appointment of Electric Company director

Liberman signed on the appointment of one of two employee representatives to be on the IEC board of directors so that the board meetings could continue.

By YEHUDA SHARONI/MAARIV

Erel Margalit’s New York ClimateTech project trailblazes sustainability

The center, launched by JVP in partnership with MINI by BMW Group and the City of New York, promises to bring technology into the frontline of protecting our planet.

By FELICE FRIEDSON/THE MEDIA LINE

Real Estate

Israel Canada's hotel company expands to Greece in 10m euro deal

The hotel company Israel Canada controlled by Barak Rosen, Assi Tuchmeyer and Reuven Alex reported that they agreed to buy a hotel in Athens, and plan to purchase additional hotels in the city.

By YEHUDA SHARONI/MAARIV

House and calculator [Illustrative].

Beware split real estate deals in Israel - the Tax Authority may notice

We can only guess what the taxpayer planned, but the ITA taxed the overall deal their way and the District Court ruled in the ITA’s favor.

News Updates

Crypto trading firm Wintermute hit by $160 million hack - CEO

Egypt's Suez Canal sees revenues rising to $700m. annually - CNBC Arabia

Saudi C. Bank governor: Inflation in kingdom still within reasonable rate

Abu Dhabi royal-owned company reviving plans for dollar sukuk

Iraq's foreign currency reserves hit $85 bln, highest since 2003

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