Business & Innovation | The Jerusalem Post

Family group photos of all the participating members during the Member States of the Gulf Cooperation Council (GCC) and the Association of Southeast Asia Nations (ASEAN) Summit (ASEAN-GCC Summit) in Riyadh, Saudi Arabia October 20, 2023

Tariffs rattle gulf markets, but some economists see a silver lining Analysts indicate that low US tariffs for Gulf countries may attract international companies, but others caution that global tariffs could threaten vital oil income and raise consumer goods costs.

Tech & Start Ups

OpenAI CEO: Being courteous to ChatGPT is an expensive waste

Sam Altman reveals that using polite language with chatbots like ChatGPT wastes millions of dollars in electricity and computing resources, urging a shift towards more efficient interactions.

By DR. ITAY GAL

Spotify down for thousands of users globally, Downdetector shows

There were more than 47,000 incidents of people reporting issues with Spotify as of 9:32 a.m. ET, the outage tracking website showed.

Flags of the United States and China on a processor, CPU or GPU microchip on a motherboard

Trump spares smartphones, computers, electronics from 125% China tariffs

The exclusion provides welcome relief to major US technology firms, including Apple, Dell Technologies, and many other importers.

Banking & Finance

Why Israel can’t escape impact of tariffs

While stock indices in the US and Europe fell by about 10% in two days, the Tel Aviv 35 Index fell by just under 4% yesterday and by 0.62% on Thursday.

By NETANEL ARIEL/GLOBES/TNS

ISRAEL BONDS New Leadership New York City Co-Chairs Perri Korine and Erez Kahan.

Impact investments: How young investors are answering the call of the Jewish state

Young leaders are redefining investing in Israel—turning financial support into personal commitment, driving impact, and shaping the future of Israel Bonds.

Bank of Israel Governor Amir Yaron seen at the Jerusalem Post Annual Conference in New York, June 3

Commercial banks to offer benefits to the tune of NIS 3b. following central bank plan

The Bank Of Israel announced a general set of discounts that the commercial banks will provide, including offering interest rates and benefits for money sitting in checking accounts.

Market Data

Opinion

A man rides an electric scooter through the streets of Tel Aviv.

How to find investors during wartime? Six lessons Israelis can learn from the past

What lessons can be learned from previous wars? What fascinating examples can be drawn from the Russia-Ukraine war? And how can we navigate the turbulent waters of 2025?

An illustrative image of an Israeli flag puzzle piece on a $100 bill, about to be filled by a piece labeled "TARIFFS" in what is meant to represent the US trade policy's impact on Israel.

Trump’s 2025 trade wars: How Israel can navigate the economic storm

Israel, though not a direct target of these tariffs, will experience ripple effects. As a trade-reliant economy, we must brace for currency fluctuations, potential inflation, and more.

Wiz and Google company logos seen on the smartphone and laptop screens.

From Waze to Wiz, Google bets big on Israeli tech

The deal is a defining moment for the global cybersecurity industry, a testament to Israel’s enduring tech prowess, and a defiant vote of confidence in a country in crisis.

Real Estate

140 Sold: Last office units in a surprising northern project

Geshem Holdings’ Acre project includes 159 office units, with 140 already sold. Occupancy is set for 2025. Buyers get a 6% fixed interest loan from Discount Bank, starting two years after move-in.

By WALLA/REALESTATE

Urban renewal in Ashkelon expands: A new project is underway

A new project by Prashkovsky Group and Landco Real Estate, part of Resido, is underway. Located at the highest point in the city with sea views, it involves demolishing 3 buildings with 60 apartments

By WALLA/REALESTATE

Energy & Infrastructure

From crisis to innovation: Doral calls for renewable energy to become Israel’s strategic priority

As Israel faces grid challenges and rising threats, Doral’s incoming CEO, Yoni Hantis urges a shift to decentralized, dual-use renewable energy.

By LIOR NOVIK , IN COLLABORATION WITH DORAL

Strong Women Leaders Discuss Creating Change: Equality, Environment, and the Next Generation

These women bring to the forefront, professional challenges they have faced and the solutions they brought to the table.

By JERUSALEM POST STAFF

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