Business & Finance

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.

In an email sent to local Amazon retailers last week, the company advises them to have enough stock well before the Rosh Hashanah holiday, which starts the night of Sept. 29 and lasts until sundown on Oct. 1. The company also wants retailers in Israel to deliver products within five business days.

The Silicon Valley-based startup, founded in 2017 by Israeli entrepreneurs Itamar Arel and Moshe Looks, develops artificial intelligence and voice-based conversational technology for use in loud environments, such as drive-thru restaurants.

Company, which has exclusive rights to extract minerals near the Dead Sea, says expansion will increase production capacity of TBBA, a bromine compound used primarily in the manufacturing of printed circuit boards for the electronics industry, by up to 25,000 metric tons annually.

High-tech sector, which comprises nearly 9% of Israel's labor market, is hungry for manpower, with 2.5 positions available for every qualified applicant.