israel business

Israeli tech startups flock to US amid uncertainty at home

This marks a reversal, as Israel had managed in the past decade to persuade more of its startups to set up their legal identity domestically.

By REUTERS
16/08/2023

Intel drops $5.4 billion deal to buy Israeli chipmaker in US-China spat

Intel does not plan to negotiate an extension of the contract, and will instead pay Tower a $353 million break-up fee to walk away.

By REUTERS
16/08/2023

Up for sale! Israel Post raises speculation about the country's postal service

Business Affairs: If you feel you’re up to the task, check out that ad in the ‘Post’ and send in your application. It’s up to you whether you send it through the mail.

Israel launches privatization of revamped postal service

The state’s privatization agency said it would sell 100% of Israel Post Co. to an investor or group of investors.

By REUTERS
11/07/2023

Peer membership organization for high-net-worth wealth individuals launching in Tel Aviv

The organization is already running more than 100 groups in 46 cities around the globe.

Judicial reform will not make me leave Israel, Papaya Global boss says

Guez has been among the most outspoken members of the high-tech community against judicial reforms.

Deepchecks secures $14M for Machine Learning validation technology

Despite rapid growth, only half of machine learning models succeed in production, calling for enhancements to ensure success.

Business and pleasure: Israel and Japan sign a new visa agreement

Visa applicants must meet a number of basic requirements including a clean criminal record, having medical insurance and having a way to support themselves. 

Bath & Body Works to begin operations in Israel

Bath & Body Works – the world's leading chain in the field of care products, air and home fragrances – will open at least 30 stores in Israel by 2026.

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.

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