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In 2018 there was a further decline in the number of decisions dismissing the bankrupt from their debts. In this year, 7,325 orders were issued by the courts exempting ordinary debtors from their debts, a decrease of 4% compared to 2017. In 2016, 6,587 such orders were issued. However, no similar "line" of declines was recorded in the companies' arena. During the year 2018, 1,207 dissolution requests were filed - a 2.3% increase in the number of liquidation requests compared to 2017. Among the companies that collapsed last year were Honigman, one of Israel's largest and most famous fashion...

Sightec announces a $ 2 million seed investment round from the "Sherpa" "InnoVentures" and "Playfair Capital" funds. The investment will be used to further develop a spatial orientation system based on computer vision and artificial intelligence. The system allows aircraft with full or partial autonomy to orient, navigate, land and perform complex tasks in real time at high accuracy, even when there is a communication limit such as GPS blocks. IAI is among the largest customers of the start-up company

Captain Noam Ravid, 23, from Shaare Tikva, and Sergeant Yahli Sharor, 20, from Omer, were killed on Saturday during an IDF operation in Rafah. The two soldiers, members of the elite Yahalam unit of the Combat Engineering Corps, were killed when an improvised explosive device (IED) detonated while they were clearing a booby-trapped shaft

The Labor party and "Gesher" with Orly Levy-Abekasis stwill unite with Meretz and the Democratic unity. They will run together in one left party for the 23rd Knesset. At the conclusion of a meeting at the home of Labor chairman Amir Peretz in Sderot, Labor chairman-Gesher Orly Levy and chairman of Meretz Nitzan Horowitz. They agreed to unite for the upcoming elections. "Peretz and Horowitz intend to emphasize the gospel of significant unification and the hope for political change that will be the social heart and political compass of the next government after the end of the Netanyahu...

Prime Minister Benjamin Netanyahu's leadership is under scrutiny after a fresh rocket barrage from Gaza resulted in injuries and damage in southern Israel. This marks the heaviest firing since the resumption of hostilities, with at least three individuals reported injured in Ashkelon. Despite the new violence, Netanyahu's immediate response focused more on internal political tensions than the ongoing threat from Hamas

Fashion group Castro released its first-quarter financial results for 2025, revealing a sharp decline in net profit to just NIS 138,000, down from NIS 3.9 million in the same quarter last year — despite a notable 8.3% increase in revenue, which reached NIS 471 million