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Home Category Economy Business & Finance

Business & Finance

Israel Aerospace Industries, Korean counterpart expand R&D ties

Israel Aerospace Industries, Korean counterpart expand R&D ties

by ILH Staff and JNS

IAI, Korea Aerospace Industries ink deal on a new program involving loitering munitions. The expanded cooperation between the two space-related entities will offer the South Korean military new technologies.

Israel's airline El Al lobbies Supreme Court for access to Saudi airspace

El Al Airlines in talks to buy smaller rival Arkia

by Shimon Yaish and Reuters

El Al in 2018 had sought to buy Israir, another small Israeli carrier that flies to the southern resort of Eilat and a host of European cities, but Israel's competition regulator would not allow the merger.

Israel's diamond industry to make historic debut at 'Jewellery Arabia' expo

Israel's diamond industry to make historic debut at 'Jewellery Arabia' expo

by ILH Staff

Israeli jeweler Avi Tavisal, who was invited to create a collection for the historic show, produces the AlSakhra line, inspired by Muhammad's famous Night Journey and the Dome of the Rock.

Can Facebook be trusted to manage cryptocurrency?

Can Facebook be trusted to manage cryptocurrency?

by Reuters and ILH Staff

Facebook first unveiled cryptocurrency project "Novi" in June 2019, as part of an effort to expand into e-commerce and global payments, but US lawmakers warn the social media giant's plans "are incompatible with the actual financial regulatory landscape."

Has regulation rendered bitcoin worthless?

Has regulation rendered bitcoin worthless?

by Reuters and ILH Financial Desk

JPMorgan Chase CEO Jamie Dimon believes that eventually, all cryptocurrencies will be regulated by governments. Bitcoin trade climbs 5% in response.

Will commercial drones soon dot Israel's skies?

Will commercial drones soon dot Israel's skies?

by AP and ILH Staff

National Drone Initiative seeks to prepare for a world where commercial deliveries will be made by drones to ease highly congested urban roads. But some warn such use of drone technology will create a "totally new dimension of privacy invasion."

Leftist NGOs fail to report foreign funding, Knesset Research Center finds

Pandora Papers bring renewed calls for tax haven scrutiny

by AP and ILH Staff

Leaked records name hundreds of world leaders, powerful politicians, billionaires, celebrities, religious leaders and others as having been hiding their investments in mansions, exclusive beachfront property, yachts and other assets for the past quarter-century.

Estonian military to receive IAI-made anti-ship missiles

Estonian military to receive IAI-made anti-ship missiles

by Dean Shmuel Elmas

Blue Spear system is an advanced precision weapon that enables strike capabilities beyond the line of sight, against mobile and stationary targets at sea.

Czech Republic signs $627M deal for Israeli air-defense missile system
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Czech Republic signs $627M deal for Israeli air-defense missile system

by JNS and ILH Staff

The delivery of the Spyder surface-to-air missile system by Israel’s Rafael Advanced Defense Systems is scheduled to be finished by 2026.

After UAE, Uzbekistan opening its doors to Israeli companies

After UAE, Uzbekistan opening its doors to Israeli companies

by Dean Shmuel Elmas

There are opportunities to help modernize [the country] in terms of water management and irrigation, medical equipment, infrastructure development and smart cities," says Ron Doron, Vice President of the Israel-Asia Chamber of Commerce.

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