Israel business

The curse of being Israel's most valuable company

Tower's share price has jumped nearly 900% in the past five years, but less than 24 hours after reaching the top, the world's chip stocks plummeted, and Tower's share price tumbled 10.79%

In January, Israel’s Ministry of Defense signed a multi-year contract with Semiconductor Devices valued at approximately $115 million (NIS 380 million).
A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking

Shekel gains sharply despite interest rate cut

David Alexander, Deputy CEO of Phoenix Financial

Evolving regional economic opportunities

David Group founder Stella Cohen and Chairman Raanan Agus

Israeli private equity firm David Group launches to invest in mature businesses


Wolt faces public boycott over new pricing system

A Wolt delivery person told the TV program Hazinor that delivery people are noticing a significant decline in orders.

 A courier working with Wolt

Why are cigarette prices climbing? Breaking down the latest increase

This increase is similar to the one that occurred in March 2024, when the government raised the purchase tax on cigarettes, e-cigarettes, and roll-your-own tobacco.

 Janine Schulzki, tobacconist and owner of a kiosk, sorts cigarette boxes with an affixed, self-made cigarette labels displaying graphic images in her shop in Berlin February

Stalled-Up Nation? Report shows loss of innovation momentum in Israel

Companies in the center significantly outperform companies in the periphery in almost all innovation criteria, the report found.

 Israeli national flags flutter in front of an office tower at a business park also housing high tech companies, at Ofer Park in Petah Tikva, Israel August 27, 2020.

Hi-Tech leaders urge government support amid war-driven uncertainty  

The credit rating downgrades could "tarnish Israel’s reputation as a thriving start-up nation—a brand image that could take years to rebuild," Shlomo Landress notes.

 From left to right - Maya Schwartz, Shay Michel, Shlomo Landress.

The A-G is bad for business and Israel's national unity – opinion

CEOs’ praise for Baharav-Miara raises questions about democracy and governance.

 Attorney-General Gali Baharav-Miara sits next to Justice Minister Yariv Levin at a ceremony for retiring acting chief justice Uzi Vogelman, at the Supreme Court in Jerusalem, in October.

ZIM reports $1.13 billion net profit in Q3 , driven by record cargo volume

ZIM’s Q3 results show record-high cargo and a $1.13B profit, boosting 2024 projections.

 Zim Integrated Shipping Services

El Al’s record-breaking year continues with near-monopoly amid Israel-Hamas war

El Al’s revenue and profits skyrocket in Q3 as demand surges due to limited flight options during the Israel-Hamas war.

 An El Al Boeing Dreamliner is prepared for its next flight at Ben Gurion Airport last month.

Ben & Jerry's says parent company Unilever muzzled its Gaza position

The ice cream brand filed a lawsuit against their parent company, Unilever, claiming parent company silenced it on Gaza stance

Ben & Jerry's ice cream (Illustrative)

Alexander's new lager now available nationwide

Alexander Brewery's popular 'Alexander Lager Fest' has transitioned from a special edition to a regular offering, available in leading stores and bars across Israel.

 Octoberfest

Strengthen your home decor: Supporting small businesses

For the 11th year, ShoppingIL by Google opens the global online shopping month, running on November 6-7. This year’s event is dedicated to supporting Israeli businesses.

 MOOUI BRAZIL