Articles in "Economy"

Cymulate Acquires CYNC Secure to Bolster Next-Gen Cybersecurity Platform

Cymulate, a New York-based cybersecurity company, announced the acquisition of CYNC Secure, an Israel-based cybersecurity startup ...

Windward Sails Into New Waters With $270M Acquisition by Octopus UK Bidco

Windward, a Tel Aviv-based maritime analytics company, will be acquired by Octopus UK Bidco Ltd for approximately one billion shekels ($270 ...

Israel and Slovakia Sign Historic $582 Million Deal to Boost Air Defense Capabilities

Israel and Slovakia signed a 2 billion shekel ($582 million) agreement on Monday to boost the European country's air defense systems, in ...

One in Five Israelis Lived in Poverty in 2023, Report Finds

Nearly two million people in Israel were living below the poverty line in 2023, with approximately 872,400 children and 158,500 senior ...

Israeli, South Korean Startups Collaborate on Gene-Edited Soybeans

Israeli ag-biotech company PlantArcBio and South Korean gene editing company ToolGen announced on Wednesday a strategic collaboration to ...

Israel and India Strengthen Security Ties to Combat Growing Drone Threat

Enhancing bilateral security cooperation, Israeli and Indian defense officials shared technological expertise and operational expertise on ...

Tax Changes to Hit Multinational Corporations, Bring Israel In Line With OECD Reforms

Israeli Finance Minister Bezalel Smotrich announced on Sunday that Israel will begin implementing the Qualified Domestic Minimum Top-up Tax ...

Israel ‘One of the World’s Top Cyber Powers’

Israel’s position as a cyber superpower places it in an exclusive club of world powers, despite having a population a little larger than ...

US Greenlights $3.5 Billion Arrow 3 Sale to Germany, Israel’s Largest Arms Sale

The US government gave its approval for Israel to sell its Arrow 3 missile defense system to Germany, Israel's Defense Ministry announced ...

Israeli Ministries to Use of AI to Boost Customer Services

Israeli government ministries will begin employing artificial intelligence to improve customer service and boost the economy, the Ministry ...