Business & Innovation | The Jerusalem Post

Israelis sorting food and produce with Leket Israel.

Historic food import reform allows for greater competition in Israeli market Israel's Health Ministry approved a reform to align food imports with European regulations to reduce costs and increase competition; experts caution about immediate impacts and costs.

Tech & Start Ups

Google talks to acquire Wiz for $23 billion fall through

The deal, which would have been Google's largest acquisition ever, was first reported last week, but CEO Assaf Rappaport recently told employees Wiz would continue independently.

By JERUSALEM POST STAFF

The three finalists alongside Jonathan Merge and Harel Ram.

MaxOvary wins $50,000 prize in the Synergy7 and Merage Foundation Israel Startup Competition

Be'er Sheva - Synergy7 and the Merage Foundation Israel, at the forefront of innovation in the Negev, held a prize-bearing startup competition in Be'er Sheva.

By JERUSALEM POST STAFF

Startup Nation Central CEO: Israel leads cyber security boon despite war

A new report from Startup Nation Central shows an increase in private funding to Israel driven by the country’s dominant cybersecurity field.

By FELICE FRIEDSON/THE MEDIA LINE

Banking & Finance

Musk plans to commit around $45 million a month to new pro-Trump super PAC

Musk has reportedly contributed to the America PAC. However, the South African-born entrepreneur was not listed on a Monday filing by the group, which shows that it has raised more than $8 million.

By JERUSALEM POST STAFF , REUTERS

Bank Leumi’s service revolution continues with WhatsApp access

For the first time in the banking system, all branch managers will provide their personal phone numbers to customers for direct correspondence on WhatsApp.

By JERUSALEM POST STAFF

UBS: Average wealth in Israel rose in 2023

It has been a very good period for wealth in Israel: the average wealth in shekels increased by 142%, and the median by no less than 220%.

By IDAN ERETZ/GLOBES/TNS

Market Data

Opinion

WE MUST ensure Israel remains a beacon of innovation and strength in the AI-driven world of tomorrow.

AI as a new frontier for Israel’s security

The private sector must play a pivotal role. Companies specializing in AI for financial services have shown AI can drive rapid growth, reducing fraud and improving customer experiences.

A Hanukkah menorah with lit candles.

Lessons on long-term investing and this week's Torah portion

Those who keep their eyes focused on the long term end up doing well financially. Define your goals and needs and then invest with an allocation that will help you achieve those goals.

NUSEIR YASSIN (right) and Casey Neistat appear on the Nas Summit stage in Tel Aviv.

Should Israeli companies have to hide where they come from?

Nas Daily: “Coming out publicly as Israeli may sound easy, but it’s freaking hard.”

Real Estate

Over NIS 1 Billion: Y.H. Dimri buys Hanan Mor's Sde Dov land

Y.H. Dimri buys Sde Dov land for NIS 1.1 billion, with construction costing an additional 1.04 billion. The project will include 458 residential units and commercial and hotel spaces.

By OFER PETERSBURG

Rakafot Neighborhood in Be'er Sheva flourishes: 682 apartments successfully marketed

Be'er Sheva Municipality celebrates a major success in marketing lands in the new Rakafot neighborhood. Mayor Ruvik Danilovich: "The success of the plots proves the trust of developers in the city."

By OFER PETERSBURG

Energy & Infrastructure

Enlight brightens Israel's energy sector with new solar storage units

Now that the Yesha and Re'im projects have been completed, Enlight announced they had accomplished a total capacity of 16 MW of solar power and 94 MWh of energy storage.

By JERUSALEM POST STAFF

Delek USA Chairman: ESG commitments are meaningless without changing behavior

As long as we as a society are not committed to changing our behavior, these are just words,” said Executive Chairman of Delek US Holdings, Uzi Yamin at the Jerusalem Post Conference.

By ALAN ROSENBAUM

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