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Israeli nylon company Nilit to expand operations in Chinese market
Northern Israeli group will invest millions of dollars in establishing new production facility in joint venture with Chinese giant Shenma Industries
Navit Zomer
|
04.22.24
Victoria's Secret opens first two stores in Israel
Fashion brand's Israeli franchisee Delta open first two branches in Petah Tikva and Haifa after several delays amid war in Gaza
Meirav Crystal
|
04.11.24
12-year-old TikTok star opens self-employment file with Tax Authority, surprising officials
Jonathan Grosman, who is known for his entertaining interviews on social media, has become the youngest business owner in Israel; 'The number of people who have turned to me for business collaborations has increased greatly. Influencers earn tens of thousands of shekels from creating content'
Gad Lior
|
04.08.24
Israeli high-tech raises $3.1 billion since beginning of war
Startup Nation Central report highlights despite facing significant challenges, including 15% of workforce being called up for reserve duty and near total air blockade on Israel, local startups continue to thrive
Sophie Shulman
|
03.31.24
Iconic Tupperware has doubts about ability to continue
Plastic food storage seller says likelihood that it can continue funding it operations is questionable among lower sales figures and challenging financial conditions
Reuters
|
03.31.24
Israel ranks among top 20 countries with most billionaires
Israel adds nine new billionaires despite war, according to Hurun global wealth ranking; even the veterans on the list improved their positions
Daniel Edelson, New York
|
03.30.24
Rafael ends 2023 with record sales of NIS 14 billion
2023 orders totaled NIS 52 billion, with a net profit of NIS 588 million, as sales in the fourth quarter reached NIS 4.5 billion, primarily comprising international orders but also influenced by the war in Gaza
Navit Zomer
|
03.27.24
We thought Israelis could speak English, then we saw the data
Reports vary on Israelis' English proficiency: some show high fluency rates while others suggest they struggle to string together sentences; where do Israelis really stand?
Ophir Sofer
|
03.26.24
Israeli-formed online mattress platform Resident sold in $1 billion deal
US furniture giant Ashley Home moves to bring Resident's offerings to the American market with founders and Israeli investment firms profiting
Sophie Shulman/Calcalist
|
03.14.24
Masked men in Gaza enforce prices in street markets
With chaos in Rafah ensuing due to IDF war with Hamas, the terrorist organization has taken upon itself to resort to extortion market stalls and local businesses, hoping to secure some quick cash before anyone is the wiser
Reuters, Einav Halabi
|
02.29.24
Nvidia becomes the 'Taylor Swift of investors', Israelis profit too
Chip manufacturer showcases phenomenal results, adding an unprecedented $277 billion to its market value in a single day and propelling Wall Street to new heights; after acquiring Israeli Mellanox local staff profits from stock options
Yarden Rozanski
|
02.28.24
Establishing factory in Israel 'isn't profitable,' says Tower CEO
Israeli computer chip manufacturer closes down one of its two factories in Israel while looking for brighter horizons in India, which offers tempting incentives
Sophie Shulman/CTech
|
02.16.24
Israeli officials optimistic inflation to cool down ahead of CPI print
Moderate change to Consumer Price Index would would bring Israel's annual inflation rate below 3% target, allowing Bank of Israel to potentially cut interest rates
Sharon Kidon, Nir (Shoko) Cohen
|
02.15.24
SolarEdge lays off 900 employees, 550 in Israel
Israeli renewable energy company cuts 16% of workforce following downtrend in revenues; company's stock hits lowest point in nearly five years
Almog Ezer/Calcalist
|
01.22.24
Jews have stopped shopping at Arab businesses since October 7
Javad Ibrahim has let go half the staff of his restaurant in Abu Gosh, but he still can't cover expenses; Taxi driver Ahmed Abu-Moh was forced to stop driving a family who 'want a Jewish driver'; The upheaval of October 7 has had a dramatic effect on relations between Jews and Arabs in Israel
Hassan Shaalan
|
01.21.24
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