Business

Massive NIS 5.75m. fraud: Attempted to shift blame and sentenced to prison

The Ramle Magistrate's Court sentenced Avner Elouk, owner of Sagiv Fire Protection Technologies, to 44 months in prison after he was convicted of severe tax offenses.

44 months in prison and a fine for company owner convicted of deducting fictitious invoices worth NIS 5.75 million.
Eylon Zefania, Yoni Cohen, Aviv Yovel, and Michal Elyasaf, co-founders of Vizby.

Without seed capital: Four young Israeli entrepreneurs sell AI startup for millions of shekels

An Air Haifa ATR-72-600 aircraft.

Air Haifa announces Cal's FlyAll as first credit card partner for reward flight redemptions

The investigation can outlast the release note.

The week behind a bug fix could become AI training data


The young bridge between the foremost Israeli and global Jewish business titans

The 20-year-old entrepreneur behind Worlds Meet: How Yinon Gal-On's initiative has quietly and under the radar become the platform connecting the top tier of the Israeli economy from within.

Yinon Gal-On, founder of Worlds Meet, which connects Israeli business leaders with Jewish counterparts abroad.

Argentina files international case against Israeli-led oil project in UK's Falkland Islands

In September, Argentina began sanctions proceedings against more than 60 companies and people linked to the offshore oil drilling project, a move UK officials have strongly pushed back on.

The Falkland Islands

'No one is willing to take a risk': Hard hit to the event catering sector

Three years of ongoing uncertainty are eroding event catering companies' profitability, with only the largest managing to keep their heads above water.

Catering.

Trump, Rubio reportedly furious over misconduct allegations against US amb. to Greece Guilfoyle

They are "extremely pissed off," a senior US official told the AP; Rubio especially so, because he had just visited Athens, where Guilfoyle attended all of his events.

U.S. Ambassador To Greece Kimberly Guilfoyle arrives at the White House on February 26, 2026 in Washington, DC. Guilfoyle has served as the U.S. Ambassador To Greece since November 2025.

Supermarket chain sold at valuation of around NIS 680 million

Shuk Hertzel is acquiring the Stop Market chain. The group intends to open 10 additional branches and reach a turnover of NIS 2 billion by the end of 2027.

Shopping in the supermarket.

Amazon in talks to acquire Israeli start-up, AI model that can edit live videos in real-time

Decart has also developed Oasis, a model that generates simulated environments to train and test robotics and autonomous-driving systems.

Amazon executive chairman Jeff Bezos looks on as US President Donald Trump speaks during a meeting with technology executives about artificial intelligence, in the East Room of the White House in Washington, DC, on September 29, 2026.

Report: Amazon in advanced talks to acquire Israeli startup Decart for $7b.

According to a report in The Wall Street Journal, the tech giant is conducting advanced negotiations to acquire the Israeli artificial intelligence startup.

Decart founders, Dean Leitersdorf and Moshe Shalev.

Will AI replace traditionally Jewish jobs? - opinion

The line isn't "man vs machine," it's "who is using AI and who is still taking notes by hand?"

"The real danger of AI isn’t a robot apocalypse - it’s biased data quietly deciding human fate."

HOT Mobile sold to Delek Israel, Keystone, Leumi Partners in NIS 1.88b. deal, group says

“The company is now being sold at its peak, and I am confident that the new owners will maintain the service standards and nationwide coverage," said Tal Granot, CEO of the HOT Group.

An illustration showing the logos of Pelephone and Hot Mobile displayed on a Pelephone screen in Jerusalem, November 17, 2025.

Up to NIS 2 million: New compensation track launched for protection racket victims

A new pilot will allow business owners who refused to pay protection money and suffered direct property damage to their business or residence to file claims with the Compensation Fund.

New compensation track launched for protection racket victims.