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Sharon Wrobel

Sharon Wrobel

The Times of Israel

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Inflation edges higher as housing costs and travel prices rise

Consumer prices rose by an annual 2.7% in March, from 2.5% in February, reducing the odds that the central bank will lower already high borrowing...

yesterday 6

The Times of Israel

Sharon Wrobel

Tel Aviv shares suffer moderate decline after Iran’s unprecedented attack on Israel

Major share indices drop less than 1% while defense shares gain; investors will be closely watching the potential threat of a wider regional conflict

previous day 20

The Times of Israel

Sharon Wrobel

Apartment sales increase 19% in February despite ongoing Gaza war, new figures show

Housing market records 7,511 sales in month, led by new homes sold by contractors on the free market offering special deals, Finance Ministry report...

12.04.2024 20

The Times of Israel

Sharon Wrobel

Turkey’s ban on exports to Israel deals fresh blow to war-battered building industry

As fears mount that other countries could follow Ankara’s lead, Israeli experts urge greater investment in local manufacturing to reduce...

11.04.2024 20

The Times of Israel

Sharon Wrobel

Cyberattacks by Iran, Hezbollah have tripled during the war, says Israel cyber czar

Iranian-linked hacker group conducts cyberattacks against Israel from the offices of a disguised IT company in the heart of Tehran, Cyber Directorate...

09.04.2024 20

The Times of Israel

Sharon Wrobel

Bank of Israel holds borrowing costs steady, citing rising geopolitical uncertainty

Central bank holds interest rates at 4.5% amid growing regional tensions, given Iran’s threat to retaliate against Israel and concerns over...

08.04.2024 10

The Times of Israel

Sharon Wrobel

Man arrested for setting Sen. Bernie Sanders’s office in Vermont on fire

Police apprehended 35-year-old suspect who sprayed liquid on floor of lawmaker’s office before setting it ablaze; building interior damaged, but...

07.04.2024 20

The Times of Israel

Sharon Wrobel

Israeli cyber startups lure interest as cybersecurity attacks surge during Gaza war

Merger and acquisition deals of cyber startups amounted to $985 million so far in 2024; cybersecurity watchdog says there was a 2.5 times increase in...

07.04.2024 20

The Times of Israel

Sharon Wrobel

New social impact fund to invest in war-affected young Israeli startups

Partners in the joint venture — Southern Israel Bridging Fund (SIBF), the Rashi Foundation, and ICA in Israel — will invest $4m in...

05.04.2024 10

The Times of Israel

Sharon Wrobel

Wiz founders earn way into billionaires club, bumping up Israelis on rich list

Founders of cybersecurity unicorn and co-founder of Monday.com make it onto the Forbes 2024 billionaires ranking, taking the list of Israelis with the...

04.04.2024 20

The Times of Israel

Sharon Wrobel

Israeli fintech firm Pagaya taps into Arab talent pool during ongoing war

Pagaya increases the number of Arab Israelis at its site in the city of Sakhnin, while the government cuts funds earmarked for the economic...

03.04.2024 20

The Times of Israel

Sharon Wrobel

Fitch removes Israel from ‘credit watch negative,’ affirms A+ score despite war risk

But credit ratings agency changes Israel’s outlook to negative amid risk of regional escalation, more military spending, uncertain economic...

02.04.2024 10

The Times of Israel

Sharon Wrobel

Bank of Israel head urges government to set ‘appropriate’ fiscal priorities in budget

Central bank chief tells lawmakers the need for higher defense spending during war requires fiscal adjustments to prevent debt from rising further and...

31.03.2024 20

The Times of Israel

Sharon Wrobel

Israeli tech startups raise $1.6 billion, in first sign of recovery from war toll

IVC-LeumiTech data shows fundraising rose in first three months of 2024, after drought in first months of conflict

28.03.2024 10

The Times of Israel

Sharon Wrobel

After seven years, Mobileye inaugurates new Jerusalem office campus

NIS 1 billion-plus complex in the Har Hotzvim tech park to be the main R&D site of the self-driving auto technology firm

26.03.2024 30

The Times of Israel

Sharon Wrobel

Israeli venture capital fundraising hit 8-year low in 2023

Year of political upheaval and outbreak of Israel-Hamas war saw funds raised by local VCs plummet 73% from previous year, IVC-Gornitzky report shows

20.03.2024 20

The Times of Israel

Sharon Wrobel

Air travel costs soar amid war, as foreign carriers sluggishly renew Israel flights

Industry experts urge government to incentivize airlines to resume services and flight frequencies as part of a postwar recovery plan for the tourism...

20.03.2024 30

The Times of Israel

Sharon Wrobel

Dutch-owned SPAR to open debut supermarket store in Israel next week

First store to launch on Monday in Kfar Saba, with 10 more planned within months, out of a total 35 set to open over the next five years, as Israelis...

15.03.2024 30

The Times of Israel

Sharon Wrobel

Ryanair suspends Israel flights again, blaming wartime closure of low-cost terminal

Irish low-cost carrier cites high costs borne by passengers, after resuming selected routes on Feb. 1; service was canceled when war broke out on Oct....

13.03.2024 30

The Times of Israel

Sharon Wrobel

Apartment sales jumped 14% in January amid ongoing war, new figures show

With 8,053 real estate deals in month, the highest figure since September 2022, the housing market sees some recovery, according to the Finance...

12.03.2024 10

The Times of Israel

Sharon Wrobel

Despite war uncertainty, Israeli stocks and the shekel attract investors

Even as Gaza conflict continues into its 6th month, investors flocking to buy local assets seen as cheap relative to those in global markets amid...

12.03.2024 20

The Times of Israel

Sharon Wrobel

Fired during war, reservists’ wives band together to battle for job security

Spouses of reserve troops create forum to help each other with employment rights and petition the government to ease their economic burden as their...

08.03.2024 30

The Times of Israel

Sharon Wrobel

Still underrepresented, share of women in Israeli tech workforce stagnates

Women make up a little more than a third of the total number of tech employees but their share of senior management jobs is lower, and only 13% of...

07.03.2024 10

The Times of Israel

Sharon Wrobel

Backed by Microsoft and Cisco, Israel’s Team8 raises $500m to help build startups

Venture group plans to use fresh funds for building and investing in 30 startups in the areas of cyber, data infrastructure, fintech, digital health...

05.03.2024 30

The Times of Israel

Sharon Wrobel

Though voter turnout low, Israelis flock to malls on municipal election holiday

Shoppers hit the stores and cafes, spending NIS 1.577 billion via credit card transactions, an increase of more than 24% compared to last election day...

28.02.2024 10

The Times of Israel

Sharon Wrobel

Israelis line up for smash burgers as Shake Shack opens first eatery in Tel Aviv

The New York-based burger chain has partnered with Israeli retailer Fox-Wizel and restaurant operator Yarzin Sella to open 15-plus branches across...

28.02.2024 60

The Times of Israel

Sharon Wrobel

Israel’s central bank pauses rate cuts, amid ongoing uncertainty over war’s impact

Bank of Israel holds borrowing costs steady at 4.5% and expects the pace of interest rate cuts this year to be gradual and cautious

26.02.2024 20

The Times of Israel

Sharon Wrobel

US-based investment firm secures $106 million for fund to back Israeli startups

Ibex Investors plans to invest in 15 early-stage firms, saying ‘most of the world’s greatest innovations come as a direct result of war and...

21.02.2024 10

The Times of Israel

Sharon Wrobel

War-battered economy plunged almost 20%, marking sharpest contraction since pandemic

With the outbreak of the war, private consumption and investments dropped sharply, while government spending soared amid massive reservist callup and...

19.02.2024 10

The Times of Israel

Sharon Wrobel

Chevron partners greenlight $24m investment to boost gas production at offshore site

Energy firms approve second phase of project to expand natural gas production from Tamar field, after securing a new sales agreement for exports to...

18.02.2024 20

The Times of Israel

Sharon Wrobel

Israeli deepfake detection startup raises first $16 million in seed funding

Clarity’s software is helping to detect fake footage created by generative AI models during the Israel-Hamas war

15.02.2024 7

The Times of Israel

Sharon Wrobel

After credit downgrade, Moody’s lowers deposit ratings of Israel’s five largest banks

Lower rating increases borrowing costs for banks, which in turn will likely be passed on to consumers and lead to higher lending rates

14.02.2024 9

The Times of Israel

Sharon Wrobel

Houthi bypass: Quietly, goods forge overland path to Israel via Saudi Arabia, Jordan

Avoiding attacks on ships in the Red Sea, Israel-based firms run trucking routes from the ports of Dubai and Bahrain to Haifa

14.02.2024 30

The Times of Israel

Sharon Wrobel

Central bank chief appeals to government to take action after Moody’s downgrade

Tel Aviv stocks dip after US ratings agency lowers credit outlook to ‘negative’ and the government shows little indication of a change of...

11.02.2024 20

The Times of Israel

Sharon Wrobel

After Moody’s downgrade, government urged to rethink wartime budget priorities

Business leaders say coalition must go back to drawing board on revised 2024 spending plan, cutting away discretionary funds and ministry chaff to...

11.02.2024 40

The Times of Israel

Sharon Wrobel

Meet the Christian entrepreneur becoming a voice for war-hit Israeli farmers

Kari Warberg Block is raising funds to replace destroyed agricultural equipment after volunteering in kibbutzim and collecting footage to share...

09.02.2024 20

The Times of Israel

Sharon Wrobel

Iran suspected in plot to kill Swedish Jews – report

Iranian couple posing as Afghani immigrants and reportedly working for IRGC were never charged but were reportedly deported in 2022

06.02.2024 20

The Times of Israel

Sharon Wrobel

Israel’s Remilk secures regulatory nod for sale of cow-free dairy in Canada

The okay by Canada’s health watchdog marks the fourth regulatory approval for the use of the startup’s animal-free protein in vegan dairy...

06.02.2024 20

The Times of Israel

Sharon Wrobel

Cybersecurity unicorn Wiz eyes major expansion, public stock offering

US-Israeli cloud security firm seeks to add another 400 employees over the coming year, including in Israel, and sets a goal of reaching $1 billion in...

05.02.2024 9

The Times of Israel

Sharon Wrobel

US cyber firm Proofpoint to lay off Israeli employees as part of global job cuts

The cybersecurity company, which has 300 employees in Israel after making four acquisitions in the country, is planning to slash 6% of its global...

01.02.2024 10

The Times of Israel

Sharon Wrobel

Israel’s Innoviz to trim 13% of its workforce in cost-cutting push

The Nasdaq-listed maker of sensors for self-driving cars, which employs about 500 workers, is realigning operations to extend its cash runway amid a...

31.01.2024 20

The Times of Israel

Sharon Wrobel

Women-led initiative opens doors for southern evacuees needing more than just a job

To cope with war trauma, 710 West tailors employment opportunities for residents of distressed Gaza border region, harnessing remote work options for...

31.01.2024 20

The Times of Israel

Sharon Wrobel

Seeking eco-friendly material, Israeli innovators look to scale up fish-skin handbags

A designer and an engineer join an EU-funded project to test the viability of recycling piscine waste into leather for the fashion industry; they feel...

30.01.2024 10

The Times of Israel

Sharon Wrobel

Majority of multinational companies operating in Israel see limited impact from war

Survey of dozens of firms shows only 10% report severe consequences from ongoing conflict

30.01.2024 30

The Times of Israel

Sharon Wrobel

Google creates $4 million fund to provide lifeline to Israeli AI startups during war

US online search giant seeks to support about 20 AI startups that need immediate funding to keep operating as outside investment plunges

24.01.2024 20

The Times of Israel

Sharon Wrobel

Billionaire investor Ackman, wife buy 5% stake in Tel Aviv Stock Exchange

Investment is part of sale of 18.5% stake in TASE to investors in Israel, the US, Europe and Australia, generating a total of $65 million in net...

24.01.2024 30

The Times of Israel

Sharon Wrobel

Houthi attacks in Red Sea delay arrival of critical Yad Sarah medical equipment

Medical aid volunteer group says 64 containers with medical supplies due this month are delayed, and it’s grappling with shortages

21.01.2024 10

The Times of Israel

Sharon Wrobel

During war visit, Oracle CEO affirms commitment to open second data center in Israel

New data center will be built nine floors below ground level to withstand security threats and to ensure continued cloud operations and services,...

19.01.2024 20

The Times of Israel

Sharon Wrobel

Google is said to start laying off employees in Israel in coming days

The US tech giant employs about 2,000 people in Haifa and Tel Aviv, working across data mining and game theory teams, and other R&D activity, as...

18.01.2024 10

The Times of Israel

Sharon Wrobel

Revised 2024 budget passes 1st hurdle, but critics say it is harmful

The budget needed amending to finance the war effort, but it comes at the price of higher taxes and spending cuts that will harm the weak; will...

17.01.2024 10

The Times of Israel

Sharon Wrobel

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