Business & Innovation
Geula: Jerusalem's beating heart of ultra-Orthodox life
Originally just one small district, Geula has become so synonymous with haredi life that its name now blankets an entire cluster of neighborhoods.
Israel to open Shafdan water education and innovation hub in 2026
Your Taxes: Recovering VAT on employee fringe benefits
Your Investments: Reflecting on the past for a better future
Belief in the Haredi sector: Ruby capital to finance two projects worth NIS 245 million
Ruby Capital expands in the ultra-Orthodox sector with two new deals in Kiryat Sefer and Bnei Brak for 170 units. Overall, it finances 2,200+ units in the sector, totaling NIS 1.2 billion.
Exodigo’s underground mapping technology draws attention with $96m. series B funding boost
The IDF has been working for years and even had a brigade-size unit, whose task is to develop new technologies and tactics for underground warfare.
Israeli drone company XTEND secures extension to $70 million Series B funding
The additional funding has brought XTEND, which shifted its focus to the defense sector following the October 7 massacre, to a total of $100 million.
Hadera soars: Five new towers to be built in the heart of the city
400 new housing units, towers up to 26 floors, plus shops, parks, and kindergartens - urban renewal in central Hadera gets green light, led by Geshem Holdings.
UK launches Industrial Strategy, opening new opportunities for Israeli business
The plan aims to target areas of the economy with the highest growth potential, reduce regulatory burdens, and deepen international partnerships.
J.P. Morgan joins Island’s $250 m. Series E, valuing Israeli cyber firm at $5 b.
The arrival of the Wall Street bank “is testimony to the value we bring,” added Island co-founder and CTO Dan Amiga, noting that “many of the world’s largest banks have already chosen Island.”
Bitcoin tops $120,000 for the first time
Bitcoin BTC= scaled a record high of $122,571.19, before pulling back slightly to last trade 2.4% higher at $121,952.61.
Israel and US plan joint $200 million quantum fund, eyeing collaboration with UAE and Saudi Arabia
Israel and the US are planning a $200 million joint quantum fund, possibly in collaboration with the UAE and Saudi Arabia, and expansion of the Abraham Accords to follow.
Foreign airlines returning to Israel faster than expected
Next month there will be 56 more flights between Tel Aviv and New York due to United Airlines return and 41 new flights to various European destinations by Wizz Air.
Billion-Shekel potential: The most dazzling complex in the south is up for sale
Hachshara Insurance offers 1,100 housing units and 7,000 m² of retail in Ashdod’s Soho complex, while keeping a strategic share. The project is part of Ashdod’s Kiryat Eitanim master plan.
