Money
Israel spends more of its GDP on education than the OECD average, but less per student
Government spending per student in Israel is about 61% lower than the OECD average. Nearly half of the Israeli population is under age 24, and demographic growth erodes the budget per student.
The default cost-efficiency failure that costs the Israeli economy billions annually
Elon Musk is a trillionaire again: Wealth jumped $65b. in a single day
Up to NIS 2 million: New compensation track launched for protection racket victims
Israel’s digital wallet boom signals a new era for online payments
Wet wipes company sold for NIS 178 million
Dynamic recently entered insolvency proceedings, but this morning the court approved its sale to the Ronen Elad Holdings Group for NIS 178 million.
$7.6 billion in half a year: Tech fundraising surged by 52%
The innovation industry concludes a dream first half with $7.6 billion, led by cyber and foreign investors.
The ex-wife concealed a rare blue diamond worth millions of shekels
The man claimed that the woman exploited her time alone in the house to empty a hiding place of jewelry and diamonds worth NIS 3.2 million. The woman denied his claim.
The Finance Ministry’s new move targets small savings
New reform: Instead of paying a penalty to the Tax Authority every time you want to switch to a more profitable track, you will be able to skip between companies and products completely freely.
Aligned is raising $60 million
After being ranked at the top of G2's summer reports, the Israeli company Aligned signs an impressive Series B funding round.
Confessed to stealing from the register – and received NIS 278,000 in compensation
Employers who "cut corners" and do not maintain hour registration as required by law find themselves facing massive lawsuits of hundreds of thousands of shekels.
Kramer opens the summer
Shlomo Kramer, CEO and founder of Cato Networks, celebrated the company's growth, which reached a valuation of $4.8 billion, at an elaborately produced summer party at Hangar 11.
The wealth report: A record number of millionaires worldwide
The Global Wealth Report reveals a surge in personal wealth and a record number of millionaires. Where does Israel rank in average wealth?
Employee fired after 7 years for taking home two board games
The court ordered the reinstatement of an employee who was fired under the claim that he stole two board games from the company, which he found in the restroom and the kitchenette.