Israel business

Israel's tech employees cost more than US counterparts

Tech workers in Israel are currently 2.4 times more expensive than their counterparts in Poland, Lithuania, Romania, and Ukraine

People walk near office towers at a business park also housing high tech companies, at Ofer Park in Petah Tikva, Israel August 27, 2020
In January, Israel’s Ministry of Defense signed a multi-year contract with Semiconductor Devices valued at approximately $115 million (NIS 380 million).

The curse of being Israel's most valuable company

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


Upstep looking to crowdfund $4m.

This is Upstep's second crowdfunding campaign, after 2021 one, in which the company raised $2.5m., breaking a crowdfunding record in Israel.

 From R to L: Limor Katz, Oren Raz and  Aviad Raz.

Sternum’s IoT security makes major strides in defiance of tech tumble

TECH TALK: More than 500 tech employees in Israel were laid off in a single day on July 24. But not all tech fares badly in times of economic uncertainty.

 Sternum CEO and Co-Founder Natali Tshuva.

'Israeli start-ups that adjust their strategy will survive the economic crisis'

Is the bubble bursting? • “The Israeli high-tech market is mature and responsible”

MARKET DATA at the Tel Aviv Stock Exchange.

Israeli Teva reaches proposed $4.35 bln settlement of US opioid lawsuits

The US opioid crisis has caused more than 500,000 overdose deaths over the past two decades, including more than 80,000 in 2021 alone.

 Teva building in Kfar Saba

From driving to digital: Ordering, experimenting with electric vehicles in e-commerce

The electric car company Aiways recently inaugurated a unique sales center in Herzliya, emphasizing brand experience and the customer's transition to the digital world.

 Aiways U5 electric car

Israel’s gaming industry is exploding, here’s what it needs to go nuclear

Its rapidly expanding revenue can serve as a springboard to global success, if Israel can get some government incentives in place.

 THE IESF World Championships is comparable to the World Cup of gaming.

This Israeli app uses AI for hearing aids' testing

“Tuned” simplifies the process of buying hearing aids, makes it accessible and enabling the sale of hearing aids everywhere.

 Illustrative image of a hearing aid.

Import reform plus competition could hurt Israeli manufacturers - opinion

A real opening of the Israeli market to international competition could adversely impact manufacturers’ profits. Here's how:

Textile business 311

The hi-tech industry crisis - opinion

Today, entrepreneurs and investors think twice before deciding to make a move that could be dramatic for some companies.

A woman walks near high-rise buildings in the hi-tech business area of Tel Aviv

Gaming startup Edge lets gamers share playable moments

The platform has potential, though it will need wider adoption before it becomes viable.

 Edge's platform