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Dubai-based port operator to bid for Haifa port privatization

DP World says it will join forces with Israeli firm DoverTower in an effort to take over Israel's largest shipping hub in Haifa, and establish a direct route from Dubai's massive Jebel Ali port to Eilat

Associated Press , 13:24 , 09.16.20

Bank Hapoalim and Dubai's Emirates NBD sign MoU

Both nations' top lenders agree to cooperate in an effort to further ties following the establishment of financial and economic relations between Israel and the UAE

Reuters , 22:20 , 09.14.20

COVID unemployment cheques may be cut despite imminent lockdown

Hundreds of thousands of Israelis could face substantial cuts to monthly cheque as country's unemployment rate reportedly drops under 10%, but 2nd lockdown may see numbers go right up

Gad Lior , 19:14 , 09.14.20

Israel sees rise in unemployment, drop in furloughed workers

Central Bureau of Statistics reports number of jobless rose to 223,400 in August, compared to 209,300 in July while the number of unemployed plus those on unpaid furlough fell to 406,200 in August, compared to 421,900 in July

Shaked Eilat , 16:39 , 09.14.20

EU to Facebook, Google, Twitter: Do more against fake news

European regulatory commission calls on tech giants to work harder on tackling disinformation, including false reports regarding coronavirus poandemic, in accordance with 2018 self-regulation agreement

Reuters , 13:42 , 09.10.20

Israel's largest hospital to develop health tech with UAE firm

MOU between Sheba Medical Center and APEX is first cooperation between Israeli hospital, Emirati company after countries agreed to normalize ties last month; Sheba says deal paves way for cooperation on innovation, training, medical tourism, COVID treatment

Reuters , 09:03 , 09.10.20

Israel sees trade with UAE at $4 billion a year

Intelligence Minister Eli Cohen tells Reshet Bet radio the figure could be achieved within 3 to 5 years, while Cohen's spokesperson adds it would also include defense trade

Reuters , 15:02 , 09.07.20

State budget deficit triples and reaches all-time high

Israel reaches NIS 87.5 billion in deficit since beginning of 2020, compared to NIS 29.2 billion during same period in 2019; deficit's nosedive slightly curbed by high VAT collection after many Israelis stayed within the country's borders in August

Gad Lior , 19:54 , 09.06.20

Israeli business delegations led by banks Hapoalim, Leumi to visit UAE

Hapolim Bank CEO will head the first delegation on Sept. 8, while chair of Bank Leumi will lead the second delegation on Sept. 14; Abu Dhabi Bank said last week it would open discussions with Hapoalim and Leumi

Reuters , 12:38 , 09.06.20

Smart Water: How Mekorot handles increasing cyber threats

Digital revolution is sweeping water infrastructure industry, and Israel is one of most prominent leaders; unfortunately, as field enters digital world, water systems are exposed to increasing cyber threats, but here too Israel - and Mekorot - are not falling behind

Meital R. Fishman , 11:11 , 09.06.20

Gulf investors already working on Israeli deals

Perisan Gulf investments in real estate generally fall into two categories - what might be termed ‘trophy assets and assets for strictly financial returns, says one businessman

The Media Line , 18:41 , 09.04.20

El Al to fly first cargo flight to Dubai by an Israeli carrier

The Sept. 16 flight via Belgium to Dubai which is expected to become a weekly event, is scheduled to carry agricultural and high tech products

Reuters , 15:51 , 09.03.20

U.S. accuses Israel’s Teva of fixing drug prices

44 U.S. states file a lawsuit against the pharmaceutical giant, claiming between 2013 and 2015, Teva USA along with 19 other drug companies engaged in illegal conspiracies to divide up the market for drugs to avoid competing

Reuters , 11:36 , 08.26.20

How some Israelis dodge COVID-19 tracking

Those fearing a quarantine order after unwittingly being near a coronavirus carrier, render themselves untraceable by switching their cellphones to 'airplane mode' or using 'burner' SIM cards instead

Reuters , 22:48 , 08.23.20

Israelis eager to tighten ties to UAE after historic accord

Prospect of mutual embassies, expanding tourism to the Gulf and solidifying business opportunities with another country that shares Israel's penchant for technology, innovation has Israelis salivating

Associated Press , 20:30 , 08.17.20

'We are in recession and government is making it worse'

Economics professor says state should supplement low-income jobs to encourage return to workforce, accuses Netanyahu of populist policies and 'petty politics' as Israel sees its worst fall in GDP for 40 years

Attila Somfalvi , 18:00 , 08.17.20

Israel Q2 registers worst GDP drop in 40 years

Netanyahu says gov't to approve $2.5 billion stimulus package to strengthen the economy though insists other countries suffering greater reduction to GDP caused by the coronavirus pandemic

i24NEWS , 21:11 , 08.16.20

Israel successfully tests advanced missile defense system

The test of Arrow-2, multi-layered system meant to defend against short, mid and long-range missiles, was conducted overnight jointly with the U.S. Missile Defense Agency; it includes Iron Dome, David's Sling and Arrow-3 all in one

Associated Press , 13:04 , 08.13.20

Central bank: Israel ranks last in virus assistance to citizens

Report says country only offers equivalent to 3.3% of GDP, compared to 11.5% in Australia and 9.8% in U.S.; institution hails its own performance during crisis, saying it managed to eliminate panic in markets; Finance Ministry disputes bank's calculations, says higher proportion of GDP earmarked for assistance

Gad Lior , 16:06 , 08.11.20

Singapore trials automated Israeli drones to enforce virus rules

The small machines, developed by Israel's Airobotics, are programmed to track anomalies such as gatherings and are used by Singaporeans to enforce social distancing measures meant to curb the spread of COVID-19

Reuters , 14:41 , 08.06.20

Employment service: 3 times more Israelis laid off in last 24 hours than rehired

Senior official says rise in unemployment possibly consists of workers previously furloughed but now fired by employers facing financial woes, notes government not funding vocational training

Billy Frenkel , 15:59 , 07.21.20

Coronavirus endangers Israel's high-tech ecosystem

Despite promising investment figures, experts warn that economic uncertainty caused by the global pandemic could spell wide-scale layoffs in the near future; some, however, remain optimistic that the industry can weather the storm

The Media Line , 18:43 , 07.18.20

Israeli startup allows actors to shoot scenes from home

New technology manages to accurately manipulate images according to a source video; D-ID claims service not meant to replace actors, but allow them to work from home during and after virus pandemic

Yuval Man , 15:28 , 07.15.20

Israel's unemployment rate almost doubles in month as virus decimates economy

CBS report shows rise in overall dismissals, with most reported in the food and beverage industry; one fifth of business owners predict a 50% drop in income in coming months, with many shifting online or introducing home deliveries

Billie Frenkel , 15:51 , 07.14.20

Catalan politician suspects phone tapped by state using Israeli spyware

Cybersecurity experts warn parliament speaker, 2 other separatist politicians phones hacked; Spanish gov't says not aware of any such spying; NSO declines to say if software sold to Spain

Reuters , 15:21 , 07.14.20

850,000 jobless Israelis but no funds for vocational training

In 2019, NIS 66 million earmarked for workplace training, but only one third of that allocated in 2020 due to political stagnation; promised budget of NIS 50 million only enough to retrain 1% of Israel's growing unemployed population

Shahar Ilan , 14:08 , 07.14.20

Israeli court rejects petition to curb spyware company

Judge dismisses Amnesty's legal bid, which alleged that governments around the world use NSO's cellphone hacking software and the firm should therefore have its export license revoked

Reuters , 15:32 , 07.13.20

Report: Almost half of Israelis worry about paying bills

Study finds many Israelis claim their financial situation worsened due to coronavirus crisis and see no improvement in near future; staggering decline in demand for working hands

Billy Frenkel, Nina Fuchs , 18:46 , 07.12.20

Israel pushes back creation of sovereign wealth fund as gas revenue trickles in

Bank of Israel deputy governor says due to a slower stream of gas revenue and a political turmoil have delayed the creation of the fund until the end of 2021, when the minimum needed to begin investing is reached

Reuters , 21:43 , 07.07.20

Israeli airline El Al reaches bailout deal with government

Letting the company fail would have left Israel, which is bordered by Arab states, largely dependent on foreign airlines for its international travel; El Al has played a central role in flying in immigrants from around the world

Associated Press , 21:58 , 07.06.20

El Al to become leaner after government bailout

Aid packages proposed by Finance Ministry to help national carrier see company giving up major shares to state control, cancel some of its short haul fleet and suspend unprofitable routs

Reuters , 17:45 , 07.05.20

Almost half of Israel's unemployed are under age of 34

Employment Service report says women comprise 61% of jobless below age of 24, warns coronavirus crisis set to further worsen job prospects for young Israelis, a sector that already has lower employment rate than most OECD counterparts

Shahar Ilan , 20:10 , 06.30.20

Ministers extend coronavirus unemployment benefit eligibility until mid-August

Decision guarantees continued financial support to some 250,00 Israelis whose compensations were set to expire in July, extends eligibility for grants to workers over 67 who will not return to work

Gad Lior, Itamar Eichner , 20:16 , 06.28.20

Over 1/4 million Israelis in danger of losing unemployment benefits

Welfare minister, National Insurance chief urge government to extend coronavirus emergency measures; major Israeli cities record 500% average climb in unemployed, with Arab communities recording joblessness spikes of over 1000%

Gad Lior , 11:50 , 06.28.20

Exactly how much is Benjamin Netanyahu worth?

As the Knesset Finance Committee approves the prime minister's request for a retroactive tax return worth about NIS 1 million (approx. $291,000), we take a look at his personal assets and what the decision means for the country

Gad Lior, Zvi Zerahia, CTech , 19:44 , 06.27.20