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Israeli fintech firm Vesttoo faces probe for multi-billion-dollar fraud

Initial inspection suggests that the billions of dollars in collateral presented by Vesttoo were fraudulent, as several executives recently retired from the company in the wake of the scandal

Meir Orbach, Calcalist | 07.18.23

Healthtech startup DayTwo facing uncertain future after dramatic restructuring

While company demonstrates positive results in improving sugar levels, weight loss outcomes were inconclusive raising criticism over recommendation of foods that, despite their sugar-lowering benefits, are deemed unhealthy

Sophie Shulman/CTech | 07.06.23

Israeli government sells El Al stocks for profit

State sells half of its overall shares in the airline company for millions in profit, it acquired the stocks while aiding the airline during its COVID-19 crisis

Navit Zomer | 07.05.23

Israeli soft drink company to compensate thousands with Coca-Cola vouchers

Move comes following lawsuit against Israeli soft drink company which sent advertising material to thousands of customers without their consent between 2021 and 2022; settlement expected to cost 7.7 million shekels

Lital Dobrovitsky | 06.22.23

A decrease in the number of transactions in the last year

It's a buyer's market: Israel's plummeting real estate market

Survey and data from Israel's Central Bureau of Statistics' show that the once booming local property market the country developed in 2022 has crashed considerably, giving buyers the power they previously lacked

Hila Tsion | 06.21.23

Done deal: Omer Adam to launch new car buying app in Israel

Lior Ohana | 06.19.23

Uber to stop operating in Israel next week

The ride-hailing company says that the move is being done to maintain the company's core policy while trying to minimize damage to staff in Israel; company workers in the country to be laid off

Tomer Hadar/Calcalist | 06.16.23

Israeli-American beauty company valued at $1.5 billion in stock sale

Company's controlling stockholder and other investors sell part of Il Makiage parent company's stocks in a deal that capitalizes on the brand's strong technological innovation and large U.S. market share

Golan Hazani/Calcalist | 06.14.23

Shekel bounces back after months of uncertainty on judicial reform

Israeli currency rallies against other global currencies and recovers some of its value after months of gradual bleeding

Gad Lior | 06.06.23

Don’t misread the tealeaves: Israel’s startups are in the pole position

Opinion: Those looking at the proposed judicial overhaul as the reason for the decline of Israeli startup companies recently aren't looking at the complete picture, which shows that they're doing just fine

Michael Fertik | 06.04.23

Ex-Education Ministry deputy chief ditches politics for philanthropy

Avi Ganon tapped to lead nonprofit organization helping marginalized populations start businesses and create job opportunities; 'At IVN, we have the privilege and ability to turn around the lives of many Israeli citizens'

Ynetnews | 06.04.23

My startup failed spectacularly

Israelis are only exposed to the industry’s success stories, unaware that 91% of all startups fail; entrepreneurs insist that there's nothing shameful about shooting for the stars and missing

Or Sopher | 06.02.23

Israeli startup is using AI to create blue checkmarks for businesses

Venturfy AI says aiming to catalyze a paradigm shift in corporate transparency with more than just a tool in a reflection of a commitment to building a 'better, more transparent business world'

Moshe David Rubinstein | 05.18.23

Max Stock is expanding abroad: 1st Portugal branch to open

The chain in Portugal will be called MAX10 and will offer customers products for up to 10 euros per item; The first store is expected to open in the city of Braga and later this year two more branches will open in the country

Navit Zomer | 05.15.23

Now is the time to support Israel's civil society

Opinion: Despite the ongoing disagreements and turmoil in Israeli society, now isn't the time to back away from investing in organizations that can help maintain the country's cultural mosaic and its democratic nature

Andreas Weil | 04.27.23

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