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Home Category Economy Business & Finance

Business & Finance

EBay, Gett Delivery team up to offer same-day service in Israel

EBay, Gett Delivery team up to offer same-day service in Israel

by Inon Ben Shushan

Online retail giant and Israeli start-up sign deal to deliver orders from Israeli merchants to customers within 24 hours, with real-time tracking.

Israelis flock to IKEA after lockdown eased, but questions remain

IKEA Israel cuts hours because of corona outbreak

by Hili Yacobi-Handelsman

Starting July 1, Israeli stores of Swedish home furnishings giant will close earlier and not open on Saturday evenings.

Israel raises $3 billion in record US dollar bond issue

US-Israeli financial tech firm Pagaya raises $102 million

by Reuters and ILH Staff

Pagaya uses artificial intelligence to manage institutional money.

Despite pandemic, top Israeli defense firm reports record first quarter results

Despite pandemic, top Israeli defense firm reports record first quarter results

by Yaakov Lappin and JNS

Israel Aerospace Industries saw over a billion in sales in the year’s first quarter with an overall gross profit of $170 million.

IAI wins $350M European special mission aircraft deal

IAI wins $350M European special mission aircraft deal

by Reuters and ILH Staff

The contract will be carried out by Israel Aerospace Industries' subsidiary ELTA Systems.

National Instruments buys Israel's OptimalPlus for $365M

National Instruments buys Israel's OptimalPlus for $365M

by Hili Yacobi-Handelsman and ILH Staff

"We are confident NI is the ideal partner to accelerate our innovation and increase sales opportunities through advanced product analytics," says OptimalPlus CEO Dan Glotter.

Startup Nation's small tech firms barely holding on

Startup Nation's small tech firms barely holding on

by Hili Yacobi-Handelsman and ILH Staff

Over half of small startups say that if the current situation continues they will have to lay off workers, and 63% of start-ups with products on the market report a significant drop in sales.

Jerusalem hopes 'Silicon Wadi' will create 10,000 jobs
video icon

Jerusalem hopes 'Silicon Wadi' will create 10,000 jobs

by Yori Yalon

Jerusalem Mayor Moshe Lion heralds "true revolution" for east Jerusalem, with emphasis on the high-tech, business, and hotel sectors.

Did US pressure cause China to lose a construction bid in Israel?

Did US pressure cause China to lose a construction bid in Israel?

by Ariel Kahana, Zeev Klein and Eran Bar-Tal

Several Chinese companies that submitted bids to build a new desalination plant at Soreq lost out to Israel's IDE Technologies, which will build a facility to supply Israel with more desalinated seawater at a lower price.

Israeli economy shrinks by 7.1%  in Q1 over coronavirus

Israeli economy shrinks by 7.1% in Q1 over coronavirus

by Reuters and ILH Staff

Crisis sparked by pandemic leads to first quarterly contraction, on annualized basis, since 2012.

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