Business & Innovation | The Jerusalem Post

Economy Minister Nir Barkat and Finance Minister Bezalel Smotrich speak in the Knesset plenum on February 21, 2024

Economist warns: Israel's war costs could reach 10% of GDP, raising urgent challenges "It is not unlike a second war of independence. And unlike the Yom Kippur War of 1973, which lasted three weeks, its end is not in sight.”

Tech & Start Ups

Hack the Hate: The power of AI technology at work against online hate

"We have a unique opportunity to become a global hub for combating hate": 8200 Alumni Association and Generative AI for Good gathered the finest soldiers in the battle against AI-generated hate.

By RONNIE ROSENMAN

Israeli company AviaHome develops program allowing seniors to remain home while receiving support

The platform’s user-friendly app connects seniors to a vibrant community, allowing them to participate in social gatherings, concerts, and outdoor activities with just a touch of a button.

Mlamdovsky Somech (Left) and Shmilo (Right): "We want to encourage this industry to harness its st

'Hack the Hate' conference: A groundbreaking effort to combat online antisemitism

TODAY: The 8200 Alumni Association and Generative AI for Good are collaborating in a special initiative, harnessing Israeli technologies to combat online antisemitism.

By JERUSALEM POST STAFF

Banking & Finance

OpenAI's stunning $150 billion valuation hinges upending corporate structure, sources say

The outsized funding round has seen strong investor demand and could be finalized in the next two weeks, given the rapid growth of OpenAI's revenue, sources added.

Navigating getting your money into Israel as a new immigrant

The red flags are best avoided. Cooperation with bank questions is more likely to free up your money than suing the bank.

To achieve peace, Israel needs a Hamas bypass operation

Here’s our suggestion for consideration by all concerned.

Market Data

Opinion

EL AL, the quasi-national carrier, once again posted record profits for the first quarter of this year.

Rising prices, bringing hope: What do consumers think of Israel's El Al airline?

The sky-high ticket prices that jumped since last October dramatically contribute to the poor perception of El Al more frequently.

A cargo ship transporting humanitarian aid for Gaza is escorted by Cyprus Port and Marine Police vessels, as seen from Larnaca, Cyprus, March 30, 2024.

Solving Gaza's economic crisis: Could it be the role of financial experts?

The efforts could control the escrow bank account needed to invest in the gas field, receive gas sale proceeds, pay salaries to ordinary Gazan gas workers, and invest in Gazan welfare projects.

TRADERS WORK on the floor of the New York Stock Exchange on Tuesday, a day after the Dow Jones and the S&P 500 had their worst day of trading since 2022, amid a global market sell-off centered around fears of a US recession.

The stock market will go up and down - trust in your portfolio

Your Investments: On average, markets drop at least 10% once a year. Just because it finally makes the news doesn’t mean that investors should panic.

Real Estate

A major step towards shortening Israel's housing construction process

New guidelines to streamline Israel's housing construction process, potentially cut building permit approval times by 1 to 4 years, reducing delays and confusion in the current licensing process.

By OFER PETERSBURG

A year later: Sharp increase in apartment purchases in July

A review by the Ministry of Finance on the housing market shows a 29% rise in housing purchases in July 2024 compared to July 2023, with new apartment sales up by 51%.

By LIAD VAKNISH

Energy & Infrastructure

Israeli Natural Gas Trade Association issues 2024 report on energy security in Israel

One of the surprising finding of the report is that In contrast to Europe, Israel maintained stable energy prices during the Swords of Iron War.

By JERUSALEM POST STAFF

Bazan Group reports strong Q2 2024 results, announces dividend

The company posted impressive USD 96 million in adjusted earnings and USD 61 million in net income, announced a USD 35 million interim dividend.

By JERUSALEM POST STAFF

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