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Passengers at Ben Gurion Airport near Tel Aviv on June 8, 2026. (Avshalom Sassoni/Flash90)
Plane diverts to Cyprus as crew refuses to land in Tel Aviv
Wizz Air halts flights to Israel, but most other carriers unaffected by renewed fighting
By Sharon Wrobel
Israel keeps airspace open, with only Hungarian low-cost operator and Austrian Airlines canceling service; Transportation Ministry huddles over possible demand to limit airport passenger numbers
People ride bicycles past a digital board displaying fuel prices near a gas station in Sofia, Bulgaria, on May 6, 2026. (Nikolay DOYCHINOV/AFP)
Oil prices surge amid Israel-Iran escalation, tech stocks dive
By Agencies and ToI Staff
Brent crude jumps over $5 to $94 a barrel, while benchmark US crude rises $1 to $91; Samsung down more than 10%, rival SK hynix dips 7.7%
A view of the Tel Aviv Stock Exchange on November 29, 2020. (Miriam Alster/FLASH90)
Tel Aviv shares drop, shekel recedes against dollar as fighting with Iran resumes
By Sharon Wrobel and Agencies
Illustrative: New Israeli shekel bills, September 24, 2023. (Hadar Youavian/ Flash90)
In first since 2022, Bank of Israel buys foreign currency to stem sharp shekel gain
By Sharon Wrobel
Central bank purchases $801 million after shekel reached a 33-year peak against the dollar, raising fears of tech firm layoffs and relocations to cheaper markets
Illustrative: View of the Pazkar Factory near Afula, October 14, 2024 (Michael Giladi/Flash90)
Strong shekel squeezes value of export sales, as industry warns of damage to economy
By Sharon Wrobel
In the first few months of 2026, local export revenue shrank by more than NIS 6.5 billion due to the sharp rise in the shekel's value against the dollar
AI and photoshopped Google Gemini logo in flames.
David Horovitz
Op-ed
David Horovitz
Google’s Gemini AI admits it is unfit for purpose: ‘You should not trust a single thing I say’
Using Google is increasingly unsatisfactory. And its AI tool is utterly unreliable. 'You asked me earlier if there is any point in asking me stuff,' it confided to me this week. 'After what I just did — lying to you immediately after apologizing for lying — the answer is a definitive no'
A man pushes a handcart past closed shops in Jerusalem's Old City, on March 27, 2026, as the area remains closed to visitors amid the war with Iran. (AP Photo/Mahmoud Illean)
1 in 3 Israelis faces lower income as Iran war deepens financial strain
By Sharon Wrobel
After more than two and a half years of wars, over 50% of workers in the north report income losses, and suffer a similar plunge in employment scope, poll finds
Illustrative. An employee works in the tech sector. (Hadas Porush/ Flash90)
Wave of layoffs is sweeping through tech firms, startups
After record year, Israeli tech brain drain raises fears for future growth – report
By Sharon Wrobel
Israel Innovation Authority says R&D activity and management of startups are increasingly moving abroad amid AI-related changes, and as strong shekel raises costs
Illustrative: Offices of the Jerusalem Venture Partners tech investment firm in Jerusalem, February 18, 2019. (Hadas Parush/ Flash90)
June 10, 2026, 8:55 pm
Despite war, Israeli startups snag $8.6 billion, as strong shekel cuts cash runway
Although fundraising by local tech jumped 45% this year, it was invested in fewer companies, mostly cyber and AI; startups hire abroad as shekel fuels costs, according to new report
By Sharon Wrobel
Illustrative: New Israeli shekel bills, September 24, 2023. (Hadar Youavian/ Flash90)
June 7, 2026, 4:11 pm
In first since 2022, Bank of Israel buys foreign currency to stem sharp shekel gain
Central bank purchases $801 million after shekel reached a 33-year peak against the dollar, raising fears of tech firm layoffs and relocations to cheaper markets
By Sharon Wrobel
Illustrative: View of the Pazkar Factory near Afula, October 14, 2024 (Michael Giladi/Flash90)
June 4, 2026, 8:00 pm
Strong shekel squeezes value of export sales, as industry warns of damage to economy
In the first few months of 2026, local export revenue shrank by more than NIS 6.5 billion due to the sharp rise in the shekel’s value against the dollar
By Sharon Wrobel
A man pushes a handcart past closed shops in Jerusalem's Old City, on March 27, 2026, as the area remains closed to visitors amid the war with Iran. (AP Photo/Mahmoud Illean)
June 1, 2026, 7:46 pm
1 in 3 Israelis faces lower income as Iran war deepens financial strain
After more than two and a half years of wars, over 50% of workers in the north report income losses, and suffer a similar plunge in employment scope, poll finds
By Sharon Wrobel
Illustrative. An employee works in the tech sector. (Hadas Porush/ Flash90)
May 31, 2026, 9:34 pm
After record year, Israeli tech brain drain raises fears for future growth – report
Israel Innovation Authority says R&D activity and management of startups are increasingly moving abroad amid AI-related changes, and as strong shekel raises costs
By Sharon Wrobel
Illustrative image of a Wix-made app. (Courtesy/Wix)
May 29, 2026, 12:22 am
Major Israeli tech firms commence sweeping layoffs as AI revolution roils industry
Israeli website builder Wix cuts 20% of global staff as strong shekel fuels costs amid shift to ‘AI-native ways of working,’ with fintech firm Rapyd and software firm Amdocs following suit
By Sharon Wrobel
Screenshot of Hamas body cam footage as terrorists fire on an Israeli vehicle during the terror organization's October 7, 2023, attack in southern Israel, released by the IDF and GPO. (Screenshot)
May 28, 2026, 3:28 pm
Investors, governments eye Israeli AI startup sifting oceans of raw video for intel
Utilized in wake of Oct. 7 attack, Airis Labs says its platform can scan scads of visual data from smartphones, drones, CCTV, social media and more to find useful info faster than humans
By Sharon Wrobel
Elbit Systems' Watchkeeper XR tactical UAV. (Courtesy of Elbit)
May 26, 2026, 8:35 pm
Elbit’s profit soars as global defense needs drive record order backlog
Defense firm reports growing sales of ammunition and munitions to Israel’s military and Europe; total orders top $30 billion at the end of March, with 71% tied to global customers
By Sharon Wrobel
Governor of the Bank of Israel Amir Yaron speaks during a press conference at the Finance Ministry in Jerusalem on August 6, 2025. (Yonatan Sindel/ Flash90)
May 25, 2026, 9:57 pm
Bank of Israel cuts borrowing costs, while flagging geopolitical risks
Local manufacturers attack Governor Yaron for doing too little, too late, as the mighty shekel hurts competitiveness and profitability of exporters
By Sharon Wrobel
Team at Israeli startup Genie Security. (Courtesy of Ben Marash)
May 21, 2026, 4:48 pm
Six-month-old Israeli startup is bought by cyber unicorn Cyera for about $50 million
Genie Security’s two founders and five employees develop technology to detect efforts to leak sensitive data from employee devices, as they increasingly adopt generative AI tools
By Sharon Wrobel
Attendees visit the Meta booth at the Game Developers Conference 2023 in San Francisco, California, on March 22, 2023. (AP Photo/Jeff Chiu)
May 20, 2026, 10:57 pm
Meta begins job cuts in Israel as global layoffs in the name of AI mount
Silicon Valley tech titan that owns Facebook, Instagram and WhatsApp is letting go of about 90 employees in Israel as part of round of layoffs to cut 10% of global headcount
By Sharon Wrobel
Illustrative: A technician working with a tablet inside a big data center room. (iStock/Getty)
May 19, 2026, 8:41 pm
Big data AI startup will open Tel Aviv engineering hub to tap into local tech talent
US-based Fundamental plans to expand its Israel footprint and hire dozens of employees for its platform, which helps firms predict risks and trends like financial fraud and pricing
By Sharon Wrobel
Banking supervisor Daniel Hahiashvili speaks at a press conference in Tel Aviv on May 19, 2025. (Sharon Wrobel/Times of Israel)
May 18, 2026, 7:03 pm
Regulator demands fairness from Israeli banks as they cash in on hefty fees
Banking supervisor warns that lenders that don’t treat their customers well will be ‘in trouble,’ sees the entry of new players catalyzing competition in the local banking system
By Sharon Wrobel
Finance Minister Bezalel Smotrich holds a press conference ahead of the vote on the state budget at the Knesset in Jerusalem, March 29, 2026. (Yonatan Sindel/Flash90)
May 17, 2026, 6:26 pm
Smotrich denies bid to hike retirement age to 70; officials say it’s part of contingency plan
Finance minister insists ‘issue not on the agenda,’ but idea is not new given rising life expectancy, and officials say it could come into force if needed
By Sharon Wrobel
A Wizz Air plane flying over central Israel, December 7, 2025. (Avshalom Sassoni/FLASH90)
May 13, 2026, 8:12 pm
Lufthansa group and Wizz Air to resume Tel Aviv flights after three-month war hiatus
Wizz Air will restart flights to Ben Gurion Airport on May 28; Lufthansa group plans a phased return with Austrian Airlines on June 1, followed by Lufthansa, Swiss and ITA on July 1
By Sharon Wrobel
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