For the vast majority of Israelis, coffee drinking culture has become an inseparable part of their lives. In fact, it is so strong that coffee giant Starbucks has failed to break into the local market where Israeli Café Aroma and a myriad of small coffee shops have...
According to a report by Reuters, the Israeli government agreed to sell its Spyder (Surface-to-air Python and Derby) air defence system developed by Rafael to the UAE. This deal is unique as it is the first time this type of equipment has been sold to a Gulf country. ...
When it comes to stock market volatility, this year has been unlike any other in a very long time. In Israel, this has been felt to a lesser degree compared to the main indices in the US and Europe. In fact, at present, it is only just over 2% down since...
Elbit Systems (TASE: ESLT), has been awarded a $76M contract to supply an electronic warfare training capacity to an air force in the Asia-Pacific region. The deal will be in effect for two years. Elbit Systems will deliver a solution to the Air Force in the Asia...
Jerome Powell, the chairman of the Federal Reserve, said on Friday that the Fed is committed to battling inflation and that it would keep raising interest rates in a way that will hurt the US economy to some extent. The Fed would forcefully employ its tools to fight...