Business & Finance

Layoffs expected to save Israel's national air carrier $88 million per year. Some workers to be given ‎early retirement, others will leave with "enhanced" severance packages. ‎

According to the state prosecution, the vehicles would not have been allowed into the country if the real data on diesel engine emissions had been provided.

Under the deal, the company will receive loans of $250 million, most of which will be guaranteed by the state. The company is expected to raise an additional $150 million by selling shares that, if they aren’t sold entirely to the public, will be bought by the state.

El Al’s fate is expected to be decided in the coming days, with the Israeli airline looking to reach a deal with workers on salary and spending cuts to get government aid.

Three-quarters of halls and venues won't reopen after August, owners warn, demanding immediate relief for their sector's 150,000 employees.

"There is a growing demand for our maritime solutions. I believe that the unique combination of a diverse portfolio of operational systems and groundbreaking technological innovation enables us to effectively address the evolving needs of maritime forces," Elbit official says.

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

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

Pagaya uses artificial intelligence to manage institutional money.

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