Your Taxes: What makes Israeli hi-tech tick
Venture capital (VC) funds provide capital, education, and financial discipline to clever young geeks. The Israel Innovation Authority (IIA) provides R&D grants.
Business & Innovation
Your Investments: Remaining optimistic in the face of Iranian missiles and golden calves
Bank Hapoalim posts NIS 9.8b. 2025 profit, sets dividend and buyback
Israeli tech hiring continues during wartime, GotFriends survey finds
Finance Ministry warns of NIS 9.5b. weekly loss, urges Home Front Command to ease restrictions
The Finance Ministry warned that the economic shutdown is costing Israel NIS 9.5 billion per week, urging a shift to an alert status and allowing businesses with protected spaces to reopen.
Israel launches historic project to send desalinated water into Sea of Galilee
New Reverse Carrier system will send up to 5,000 cubic meters of desalinated water per hour into the lake by early summer, as officials cite climate pressures and wartime conditions.
Flights resume to Ben Gurion International Airport as airspace reopens
Israir, one of Israel's two smaller carriers along with Arkia, said it planned five flights to Ben Gurion on Thursday from Rome, Berlin, Athens, Batumi and Rovaniemi/Lapland.
Tel Aviv stock market bucks global trends, betting on Israel’s future stability
As Israel confronts Iran, the Tel Aviv Stock Exchange climbs, driven by optimism for reduced geopolitical risk and market resilience.
TASE more attractive than Wall Street after 127% surge, says Peilim’s Sarit Steiner
Since the outbreak of the was in October 2023, the Tel Aviv 125 index has risen 127%, double the S&P 500 index.
Iran war has already cost Israel NIS 9 billion, Finance Minister Smotrich says
Smotrich admits that the fiscal deficit will now be more than 3.9% of GDP, the target in the proposed 2026 budget.
Travel in chaos as airlines cancel flights after US, Israel strikes on Iran
Flight maps showed airspace over Iran, Iraq, Kuwait, Israel and Bahrain virtually empty as Israel said it struck Iran and the US military initiated a series of strikes against targets in the country.
OpenAI reaches deal to work with Dept. of Defense classified documents, CEO Altman announces
“Tonight, we reached an agreement with the Department of War to deploy our models in their classified network,” Sam Altman said in a statement.
Trump orders federal ban on Anthropic software over 'leftist' restrictions on military AI use
US President Trump ordered all federal agencies to cease using Anthropic’s Claude AI, citing a refusal to allow unrestricted military use. He has set a six-month phase-out for the DOD.
Your Investments: Personal and financial intensity
In synagogue a few days ago, while waiting for the evening prayer to start, we got into a discussion about Mishloah Manot (giving food to friends and family).
