Israeli Restaurants Stay Open in Defiance of Coronavirus Orders, but Diners Shun Them
While restaurants and cafes saw a rise in profit since lockdown ended, it is still far below what they used to make in the pandemic's early days
Israel business news
Coronavirus Crisis Catapults Wix to Become Israel's Second Most Valuable Company
Pandemic lifts company's shares amid soaring demand for its website-building tools
Crowdsourcing Medical Advice: Israeli Startup Steps in When Doctors Don't Have the Answers
StuffThatWorks platform employs the same model as Waze does to help people cope with chronic diseases by learning from each other
New Business Relief Plan Will Be More Limited Amid Israel's Second Coronavirus Wave
The government plan, which is expected to cost the government $294 million, would give grants to businesses to pay municipal taxes if they meet certain lost income criteria
Banks Facing Growing Consumer Loan Risks
The double-digit coronavirus unemployment rate will make it hard for households to service debt
Analysis For Israeli Tech, the Coronavirus Is a Threat and a Promise
So far, the industry has weathered the pandemic well, but investors are getting nervous about what may be lying ahead
As U.S. Warns of Chinese Influence, Watchdog Says Israel Fails to Vet Foreign Investment
The state comptroller says the cabinet's decision to form a special body still hasn’t been implemented despite national security concerns
Analysis Know What It’s Like to Be Jobless? Most Israelis Don’t, but They Better Start
The coronavirus threatens to leave long-term unemployment in its wake, and the government is only starting to think about how to cope with it
Israel's Financially Troubled El Al Gets Extra Time to Refund Airline Tickets
Move to push deadline to October 1 will give El Al more time to repay $320 million it owes
Opinion Israel’s Coronavirus Angst at Risk of Morphing Into Dangerous Populism
Economic distress and growing distrust of government could lead Israel down the dangerous path that ended in Trump
Lower-middle Class Israelis Hit Hardest Financially by Coronavirus Crisis, Report Says
People who lost jobs during the pandemic are like those who lost jobs in 2019, data presented to the government shows
El Al Owner Fights to Retain Control Despite Israeli Airline's Financial Meltdown
The airline is pressuring the treasury to let it take a $250-million loan as an offer from New York businessman faces unexpected obstacles
High Court Rules Against Sick Pay for Quarantined Israelis
The justices decide that isolation is not tantamount to an illness, but employers will have still have to cover such costs through September
Amazon's Israeli Drive Takes Hit by Coronavirus, Revitalizing Local Online Retailers
Like other global sites, U.S. giant suspended shipments during the lockdown, leaving the market open to local vendors. But will the change last?
Economic Crisis in Israel Shows How Crucial Income Support Payments Are
The amount of people receiving such payments grew by 15% in three months, but officials and experts say they’re not enough and criteria are too stringent
Intel’s Plan to Farm Out Production Could Be Big Blow to Israel
U.S. company’s Kiryat Ata chip plant accounted for 12.5% of Israeli tech exports last year
How to Jumpstart the Economy and Create Jobs in the Wake of COVID-19, According to Six Experts
Israeli experts lay out their plans for coping with the labor market crisis
Locked Down and Uptight? Israeli-founded Online Service Might Be the Solution
BetterHelp is one of two Israeli-founded platforms that have sewn up the U.S. market for remote psychotherapy
Opinion Nationalizing El Al Is the Least Bad of All Its Options
The offer from Kenny Rozenberg or bankruptcy will do nothing for an airline that faces many bad years ahead
As Court Approves Fishman Deal, Who Profits From Israel's Largest Bankruptcy?
Israeli court decision to allow a cushy deal for the family of a bankrupt businessman makes money rain on a few – at the expense of many
Israeli Startups Hippo, Gett Raise Combined $250m
U.S.-Israeli companies secure capital at $1.5 billion valuations
Chevron Buyout The Americans Saw the Suckers in Israel and Realized Noble Energy Was a Great Deal
Israelis lacked flexibility and daring to buy out Noble Energy's stake of reservoirs that could have increased public’s disposable income by 3-4 billion shekels a year. Chevron saw an opportunity
Opinion Chevron Comes to Israel. Is It Here to Stay?
The world’s No. 6 energy company broke a barrier this week when it agreed to buy Noble Energy and that’s good news for Israel
Chevron Agrees to Buy Noble, Key Player in Israeli Energy Sector, for $5 Billion
'Game changer' deal will bring a global energy major into the Israeli market for the first time
When a High-tech Hub Becomes a Ghost Town, Many Pay the Price
Herzliya Pituah’s Shenkar Street is normally a hive of eating, shopping and schmoozing. Then the coronavirus came and the offices emptied out, damaging businesses that rely on worker clientele badly
Opinion Who Benefits Most From Bibi’s Universal Aid Plan? Bibi
No doubt there are needy Israelis who will welcome a check, but it’s mostly a waste of taxpayer money aimed at buying a little political peace for the PM
Analysis Grounded Flag Carrier El Al Is the Perfect Parable of Israel's Coronavirus Predicament
A champion of resilience during wars, El Al probably won't be allowed to go out of business over COVID-19, but its grounded planes stand as a symbol for the thousands of small businesses that will
Israeli Labor Union Chief Threatens El Al Pilots to Accept Pay Cut
Amid crushing debts, airline has agreed to efficiency plans in return for much-needed funds
Former WeWork CEO Adam Neumann Just Invested $10M in These Companies
Eight months after he was ousted from the office-sharing company he founded, the Israeli-American entrepreneur worth $450 million is back
An Energy Revolution for Israel: Solar Power to Be Cheaper Than Fossil Fuel
Although questions remain as to the stability of supply in off-peak hours, the construction of three photovoltaic plants will go a long way in achieving Israel's climate change goals