The fund, backed by investors from Pitango, Viola, and Silvertech, has a goal of raising $20 million to ensure early-stage startups can continue to grow during the war with Hamas
The post Venture capitalists launch emergency impact fund for war-affected Israeli startups appeared first on The Times of Israel.

Finance Ministry's plan, which awaits Knesset approval, includes grants to businesses that have suffered indirect damages due to the war and benefits for employees on unpaid leave
The post Cabinet approves war compensation package for affected businesses and self-employed appeared first on The Times of Israel.

Companies planning one-time cash payments to their employees to help them cope with financial hardships during the ongoing war with Hamas
The post Multinational tech firms from SAP to Intel to give Israeli workers wartime grant appeared first on The Times of Israel.

As Israel widens Gaza ground offensive against Hamas, market expects fighting will be limited to the south; last week shekel hit weakest level in 11 years
The post Shekel strengthens as investor fears over war escalation to the north ease appeared first on The Times of Israel.

A protracted conflict, potentially expanding to multiple fronts, could cause even more damage to an economy already battered by the controversial planned legal overhaul
The post Israel’s economy bounced back after previous Hamas wars, but this one may take longer appeared first on The Times of Israel.

In letter to Prime Minister Netanyahu and Finance Minister Smotrich, senior economists call for changing budget priorities and stopping previously planned discretionary allocation
The post Warning of crisis, 300 economists urge government to halt non-war spending appeared first on The Times of Israel.

Energy Ministry says a total of 12 licenses have been given to six companies, four of which are new players in the exploration of natural gas off the country's Mediterranean coast
The post Amid ongoing war, BP and Eni among firms awarded gas exploration licenses in Israel appeared first on The Times of Israel.

Volunteers operate 'civilian war room' as they work with facial recognition software to gather any available information on whereabouts of the over 220 people seized by terrorists
The post Israeli tech workers bring innovation, AI to search for hostages held in Gaza appeared first on The Times of Israel.

Ogen creates emergency economic relief fund to provide loans to small businesses and individuals in financial stress during the ongoing Hamas war
The post Social lender to provide interest-free credit to war-damaged businesses and families appeared first on The Times of Israel.

Tech company's CEO Nir Zohar says it is 'unfathomable' for Israeli employees to be called terrorists by teammate at work
The post Irish Wix employee fired for inflammatory posts about Israel-Hamas war appeared first on The Times of Israel.