As technology becomes more sophisticated, there is growing concern that tasks previously performed by employees will be replaced by algorithms and machines.
"The interest rate will be set in accordance with inflation converging to its target, continued stability in the financial markets, economic activity, and fiscal policy," the bank said.
'We are actively seeking Israeli partners, from AI startups revolutionizing user personalization, to fintech firms optimizing seamless, secure transactions.'
The Jerusalem Municipality offers Olim Tech Tours to young professionals in the five-month residential Ulpan Etzion program for new immigrants aged 22 to 35.
Israeli industrial AI company Augury has raised $75 million in new funding to expand its machine health and process optimization solutions, with revenue growing five-fold since its last round in 2021
Victory CEO Eyal Ravid and other top Israeli supermarket executives face criminal charges for alleged cartel arrangements and price manipulation following a major competition authority investigation.
Globally, central banks’ annual acquisition of physical gold has risen above 1,000 metric tons for three straight years. Analysts are citing reasons that they don’t see this changing anytime soon.
The Finance Ministry issued Tel Aviv congestion charge tender, covering planning, construction, and operation. The project, expected in 2026 but likely delayed, aims to generate NIS 1.3B annually.
The October 7 war has affected the Israeli economy due to IDF reserve duty, frontline evacuations, and higher taxes needed, so what do you need to know?