Another Step Taken Toward Opening the Banking System to New Entrants
Israel's Bank of Israel publishes draft for new small and new banks, establishing supervisory tiers and gradual implementation to open the banking system.
Business
El Al Faces Record $39 Million Fine for Wartime Price Gouging
Israel's Competition Authority proposes a record $39 million fine for El Al, alleging the national carrier engaged in wartime price gouging during the conflict.
Regulator Fines Bezeq Telecom Over Chronic Customer Service Delays
Israel's Ministry of Communications fined Bezeq International NIS 643,560 for chronic customer service delays, exceeding waiting time regulations.
El Al to Launch Direct Flights to Hanoi, Seoul and Manila
El Al to launch direct flights to Hanoi, Seoul, and Manila in 2026-27, adding nine new destinations to boost tourism, business travel, and economic ties with.
Tel Aviv AI Startup Anima Wins IBM Investment to Revolutionize Enterprise App Design
Tel Aviv AI startup Anima wins IBM investment to revolutionize enterprise app design, integrating with Figma and speeding up projects by 50%.
Knesset Moves Forward on ‘What Is Good for the US Is Good for Israel’ Cost of Living Reform
Israel's Knesset advances a bill to import US-compliant products, lowering cost of living and expanding competition.
Famed Ramat Gan Safari to Be Moved
Ramat Gan Safari moves to Ariel Sharon Park as Minister Silman and Mayor HaCohen sign agreement for environmental, economic growth and improved animal welfare.
Israeli Startup SENAI Raises $6.2M to Monitor Online Threats
Israeli startup SENAI raises $6.2 million in seed funding to enhance its AI platform for real-time monitoring of online threats and high-risk content.
Israel Turns to Christian Pilgrims, Diaspora Ties and AI to Reboot Post-War Tourism
Israel’s post-war tourism industry reboots, focusing on Christian pilgrims and diaspora ties with a NIS 20M campaign. Officials aim to rebuild confidence and.
Orion Security Raises $32 Million to Advance Autonomous Data Loss Prevention
Israeli-founded Orion Security raises $32 million Series A for AI-driven data loss prevention, led by Norwest with IBM. Total funding now $38 million.
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