Articles

In the first quarter of 2023, foreign investment transactions in Israel amounted to approximately $2.6 billion, marking a significant decrease of about 60% when compared to the average quarterly figures for 2020 and 2022, according to an annual summary published by the Chief Economist Division at the Ministry of Finance, led by Dr. Shmuel Abramson

In a recent monthly report published by the National Airport, it has been revealed that passenger traffic in August soared to new heights, shattering previous records. Last month, a staggering 2.9 million passengers passed through the National Airport, marking a remarkable increase of 24.5% compared to the same period in 2022.

The Bank of Israel has reported a staggering loss of over $2 billion in August, stemming from its management of Israel's foreign exchange reserves. The losses have raised concerns about the central bank's investment strategies, prompting questions about the stability of the nation's financial assets

A powerful 6.8 magnitude earthquake rocked the Atlas Mountains in Morocco, resulting in widespread destruction and the loss of numerous lives. The earthquake struck during the late hours between Friday and Saturday, catching many residents and visitors by surprise. Israel offered help

Last week, a groundbreaking achievement marked the inauguration of Israel's largest floating solar project, situated atop water reservoirs in Kibbutz Ma'ayan Zvi near Zichron Ya'akov. This ambitious endeavor, spearheaded by the Carmel Coast Water Association, in collaboration with Tralight and Synergy, boasts a remarkable capacity of 31 megawatts. With a total estimated cost of approximately NIS 130 million, this initiative is poised to reshape the country's renewable energy landscape.

Iranian-affiliated hacking group has successfully breached the computer systems of 34 companies, with a staggering 32 of them being Israeli-based. This cyberattack was brought to light by researchers from ESET, an information security company, who released their findings on Monday

Opponents of the judicial system reform staged a demonstration in front of the Supreme Court on Monday evening, in anticipation of upcoming hearings on petitions related to the "reason for reasonableness." Following the demonstration, a march proceeded to the Prime Minister's residence on Balfour Street in Jerusalem

Intel, the leading chip giant and the largest employer in Israel's high-tech industry, has announced that it will not be providing holiday gifts to its employees this year in celebration of Rosh Hashanah. This move is part of Intel's ongoing efficiency plan, aimed at reducing expenses by $10 billion by 2025

Israel, long recognized for its prowess in innovation and academia, now faces a troubling descent in the OECD's education yearbook "Education View." This internationally renowned statistical publication is an important benchmark in the field of education, and Israel's recent rankings are raising concerns

Israeli gaming company Playtica made a significant announcement this morning, revealing its acquisition of gaming start-up Innplay Labs (Innplay) for an initial sum of $80 million. The deal includes potential milestone payments that could eventually total approximately $300 million