Phoenix, the largest insurance company in Israel, posted a 48% rise in profit on asset management in the second quarter.
Wage costs rose to 75% of the Israel Airports Authority's revenue in the first quarter, and no solution to Ben Gurion Airport's manpower problems is in sight. Tourism
Prof. Matt Allen, guest speaker at next week’s Globes Family Companies Conference, explains the best way to ensure the business is passed on successfully between generations. Economy
Workers from abroad have taken the place of Palestinians but employers are not always providing the housing conditions and other services the law requires, while government enforcement is lacking. Employment
LTX CEO Dr. Zeev Farbman says video will not only be used for creating films and marketing content, but also for training robots, operating avatars, and building simulations. Start ups
The new plan, the fourth proposed since 2019, ignores core questions such as a supercomputer, developing an independent language model, and the electricity shortage. IT
The company, whose plant was destroyed by an Iranian missile, seeks to replace Chinese drones in the IDF and elsewhere. Aero Sentinel CMO: This is a strategic necessity. Aerospace & defense
The Histadrut, that's who. A can of tuna begs to differ. Basic industries
Omer Construction and Engineering, which recently held an IPO, sees only advantages in foreign workers replacing barred Palestinians. Real estate
The Ministry of Finance wants the unemployed, students and yeshiva students to pay more but that won’t cover an annual deficit expected to swell to NIS 18 billion by 2030 and NIS 48 billion by 2050. Economy
A report by Israeli recruiting firm GotFriends finds that while software firms are adjusting to AI with layoffs, defense-tech job vacancies are up 20% while salaries are comparable with other tech sectors. Aerospace & defense
Introducing the ten emerging Israeli tech startups picked by the experts as most likely to succeed. Start ups