Business & Finance

ARISE, or the Alliance to Reinforce Israel’s Security and Economy encourages businesses to invest in Israel by showcasing the growing tech sector and startups.

Nicosia awards Israel's Delek, Shell, US-based Noble 25-year license for exploitation venture in the Aphrodite offshore natural gas field.

Pharmaceutical giant confident it will be able to continue paying down its huge debt burden even if it is forced to pay billions of dollars to settle thousands of US opioid lawsuits.

Rafael's Trophy system was first deployed by the IDF in 2011. The US military plans to use it with M1 battle tank brigades for the Army and Marines.

Israel Chemicals says it plans to expand its manufacturing capacity and research and development support for its Rovitaris alternative protein technology with the $20 million investment. Rovitaris is a technology developed by ICL that supports the production of allergen-free plant-based food.

Israeli companies are on track to beat last year’s record-breaking figure of $6.4 billion, according to report by business daily Globes.

Economy and Industry Ministry to encourage purchase of products bearing "Made in Israel" label in November. Economy Minister Eli Cohen: ShoppingIL initiative "has a major impact on the market, contributing to the economy [and] creating employment."

For the time being the company's Israel website is only in English but a Hebrew website should be available in the coming few weeks. Product prices on the new Israel site are in shekels and the website includes a feature enabling consumers to filter out products from abroad.

Some 450,000 credit card transactions were logged between 12 p.m.-1 p.m. on Tuesday. Restaurants and cafes report long wait times, while malls see 2-3 times the traffic of a regular weekday.