Business & Innovation
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
Israeli drone company XTEND secures extension to $70 million Series B funding
Hadera soars: Five new towers to be built in the heart of the city
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.
Israel’s role in ensuring autonomous vehicles are safe - opinion
Recent industry developments show a clear transition from autonomous hype to genuine commercial feasibility.
Nvidia CEO to meet with Trump as market value goes above $4 trillion
The meeting with Trump comes as Nvidia's market value closed above $4 trillion for the first time on Thursday, cementing its status as one of Wall Street's most sought-after stocks.
Your Investments: Don’t let summer heat burn your finances
Start planning and saving well in advance of the summer so that the sudden expenses don’t send you scrambling to try and find the money to pay for them.
Your Taxes: Tough new fiscal residency proposals
It is proposed that 75 days in Israel any year may soon make someone an Israeli resident – or even a mere 30 days for couples – subject to a further review over five years according to a formula.
