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Business and Economy

2023 marked the third consecutive record-breaking year for defense exports, with air-defense systems accounting for 36% of the total deal volume.
United was slated to have its first new flight to Israel on June 6 and Delta to do so on June 7.
In Israel’s hospitality industry, optimism reigns.
Jonathan Sarna, director of the Schusterman Center for Israel Studies at the university, said the school must prepare “as it transitions into a new era where Jews and Jewish institutions feel far less secure than before.”
In the wake of Maldives’ announcement, Israel’s Foreign Ministry warned its citizens against visiting the island tourist destination.
“A prosperous economy requires security, and security requires a prosperous economy,” Amir Yaron said.
“History is being revived in the Jewish Quarter” as ancient homes of Temple priests reopen after a major renovation.
American officials have been urging Israel to increase use of the GBU-39 bombs in Gaza.
Starting Aug. 1, visitors from visa-exempt countries need to fill out a form online ahead of time.
The Bank of Israel said it would focus on “stabilizing the markets and reducing uncertainty,” with the economy showing gradual recovery.
The Competition Authority found Meta’s Facebook subsidiary did not obtain consent for acquisitions.
The development is geared to deepen ties with government officials, as well as U.S. military and local companies.