Israel’s average wage of 14,677 shekels ($4,753) increased by 3.1% compared to December 2024. The December 2025 figure was 0.1% higher than the previous record set in March and up 8% from November, when the average wage was 13,588 shekels … Continue reading →

The Israel Tax Authority collected a record NIS 509.3 billion in 2025, up 12% from 2024. Israel’s fiscal deficit at end 2025 was 4.7% compared to 6.8% at end 2024. A key reason is the successful implementation of the Tax … Continue reading →

Vast Data raised $1 billion (value 30 billion); Upwind raised $250 million (new Unicorn); Tomorrow.io raised $175 million (new Unicorn); XTEND raised $152 million (IPO); Wonderful AI raised $150 million (value $2 billion); Oasis Security raised $120 million; Lyte raised … Continue reading →

US giant ServiceNow has acquired Israel’s Pyramid Analytics for hundreds of millions of dollars. Dutch-based Nebius has acquired Israel’s Tavily for an estimated $275 million. Israel’s Trax has merged with multinational Form. Israeli-founded Varonis has acquired AllTrue.ai for $150 million. … Continue reading →

US semiconductor manufacturer Astera Labs has opened an Israel R&D hub to tap into local talent and develop high-performance AI connectivity technologies. It has rented offices in Tel Aviv and Haifa and is planning to hire hundreds of employees by … Continue reading →

The 40-storey Marom Tower is the flagship office building for the new business center being constructed at the Jerusalem Gateway district at the Western entrance to Yerusahalayim. Eventually, 20 high-rise towers will house some 60,000 employees. https://worldisraelnews.com/historic-40-story-marom-tower-rises-at-jerusalems-new-gateway/

El Al is launching nonstop services to Hanoi, Seoul and Manila from Tel Aviv, marking a major expansion of its service to Asia. The thrice-weekly flights to each city will bring to a record 60 the number of destinations serviced … Continue reading →

Israel’s NetVision (see here previously) went public on the Tel Aviv Stock Exchange in 2021. Then it was worth NIS 407 million. Today its value is NIS 21 billion. Its lightweight stabilized cameras are ideal for drones, e.g. for Israel’s … Continue reading →

Israel’s Elbit has been awarded new contracts worth $150 million, for its Iron Fist Active Protection System (APS). These will be integrated into CV90 Infantry Fighting Vehicles (IFVs) operated by European NATO member states. In one demonstration Iron Fist intercepted … Continue reading →