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Home Category Economy Business & Finance

Business & Finance

Despite pandemic, Israelis clamoring to file patents

Despite pandemic, Israelis clamoring to file patents

by Hili Yacobi-Handelsman

March-August 2020 saw a total of 4,081 patent applications filed, compared to 3,899 in the same six-month period of 2019, numbers from the Justice Ministry obtained by Israel Hayom show.

The focus of a new Israeli VC fund? Deep-tech

The focus of a new Israeli VC fund? Deep-tech

by AP and ILH Staff

VentureIsrael's investment strategy focuses on companies with clear-cut technological advantages, an experienced management team and a flexible business strategy.

Despite pandemic, Jewish-Arab business partnerships progress

Despite pandemic, Jewish-Arab business partnerships progress

by Josh Hasten, JNS and ILH Staff

The Integrated Business Roundtable, founded with the belief that the path to peace between Israelis and Palestinians will come through investment in high-quality enterprises, held its second annual Israeli-Palestinian Economic Forum.

Israel's Zim opens direct shipping line to UAE

by Reuters and ILH Staff

International cargo shipping company opens route between Haifa Port and Jebel Ali Port in the United Arab Emirates. Zim: Direct service to UAE would lead to future growth.

Israeli CEOs eager to do business in the Emirates, survey shows  

Israeli CEOs eager to do business in the Emirates, survey shows  

by Ofer Petersburg

Fields of particular interest to heads of companies in Israel include agriculture and industry. Surprisingly, 22% of 230 CEOs surveyed said they already had business dealings in the UAE, directly or through third parties.

Tshuva sells 70% of Delek Israel for NIS 750M

Tshuva sells 70% of Delek Israel for NIS 750M

by Eran Bar-Tal

Deal to allow Delek Group, one of Israel's largest companies, to repay the balance of its debt to the banks, release Delek Drilling from lien held by its bondholders.

Major retail chains across Israel prepare to join small business revolt

Major retail chains across Israel prepare to join small business revolt

by Hili Yacobi-Handelsman

Members of Association of Retail, Fashion, and Café Chains in Israel plan to open nationwide on Sunday, with the exception of cities, towns, and local authorities coded 'red' under the stoplight system. "We're drowning," association says.

UAE-Israel accord could bring new sparkle to Dubai diamond trade

UAE-Israel accord could bring new sparkle to Dubai diamond trade

by Reuters and ILH Staff

Dubai, with $21.2 billion in diamonds traded last year, and Israel, with around $12 billion, are the Middle East’s main diamond centers.

Israel's Elbit signs $50M contract with US military

Israel's Elbit signs $50M contract with US military

by News Agencies and ILH Staff

Leading Israeli defense contractor to produce spare parts for the aviators' night vision imaging system head-up display system of the US Army.

Israel's diamond industry grinds to halt amid pandemic

Israeli, Dubai diamond exchanges ink trade deal

by Gilad Zwick, AP and ILH Staff

Israel is a world leader in the polishing of large diamonds. Dubai, a regional financial hub, also hosts an emerging diamond trade, which in 2019 exported diamonds worth upward of $23 billion.

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