Articles

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

Israeli Prime Minister Benjamin Netanyahu's visit to the United States took an unexpected turn as he publicly criticized Justice Minister Yariv Levin's original proposal for legal legislation, sparking controversy within the Likud party. During his visit, Netanyahu met with Elon Musk, the richest man in the world, at the Tesla factory in Fremont, California. In response to Musk's questions about the legal revolution in Israel, Netanyahu expressed his concerns about Levin's legislative plan presented in January

In another alarming incident of cyber insecurity plaguing the Israeli healthcare sector, Kfar Shaul Itanim Hospital in Jerusalem has fallen victim to a suspected ransomware attack, marking the second such assault on a medical organization in just over a month

Israel's unemployment rate plummeted to 3.1% in August, down from 3.4% the previous month, as reported by the Central Bureau of Statistics. This unexpected decline comes at a time when the nation faces a slew of economic challenges, including a weakening shekel, high-interest rates, a slowing economy, and a high-tech crisis, all while grappling with inflation exceeding government targets

In a move that has raised eyebrows and sparked controversy, the Ministry of Finance has submitted a request to the finance committee for substantial budget transfers, totaling hundreds of millions of shekels. The funds are primarily intended to bolster ultra-Orthodox education and yeshivas, along with other religious initiatives

Central Bureau of Statistics (CBS) has reported a significant downward trend in new apartment construction starts in Israel. The latest data reveals a stark decline, with only 13,290 new apartments commencing construction during the second quarter of this year

Jerusalem is gearing up for the most complex project in its history, the Blue Line Light Rail project. This groundbreaking initiative will be established using the Public-Private Partnership (PPP) method, and it is set to revolutionize the city's transportation infrastructure

Ministry of Health has issued a resounding recommendation for universal COVID-19 vaccination amid the emergence of new substrains of the Omicron variant. This announcement comes as a proactive measure to safeguard public health and curb the spread of the virus

In a highly anticipated address at the United Nations General Assembly in New York, Israeli Prime Minister Benjamin Netanyahu discussed a range of topics, including the potential for peace with Saudi Arabia, the Palestinian issue, and mounting tensions with Iran. Simultaneously, outside the UN building, hundreds of protesters gathered to voice their discontent with the government