Israel business

From positive content to real action: Inside the United for Good Movement

A global initiative aimed at healing discourse, strengthening resilience, and reconnecting people.

UG FOUNDER Oren Revach.
 Last year's winner Alisa Givertz, founder and CEO of Liquid360 together with judges Dr. Esther Luzzatto, CEO of The Luzzatto Group, Tamar Luzzatto, Head of Business Development, Marketing and Innovation of The Luzzatto Group and Dr. Gili Bittan-Banin Head of Innovation at Bazan Group

2026 Next-Gen Women Entrepreneurship Award: Three minutes, one stage, real leverage

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

Israeli chip equipment stocks outperform on Wall Street

People looking for work as unemployment rises

Israel job vacancies hit highest rate since December of 2022, CBS says


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.

Connect/Israel brings together businessmen from Israel, US and Gulf

In Israel, the group met entrepreneurs such as Dov Moran and Sylvan Adams.

 Connect Israel took young businessmen from Israel, the US and the Gulf on a trip through the Middle East.

Wolt to expand to 15 new communities near Rishon, Rehovot

Wolt was established in 2014 in Helsinki, Finland, as a convenient, fast and serviceable food delivery platform. It began operating in Israel in 2018. 

 A courier working with Wolt, a meal delivery app service, rides a scooter as he delivers an order from a restaurant, amid the coronavirus disease (COVID-19) crisis, in Tel Aviv, Israel July 9, 2020.

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.