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Sharon Wrobel

Sharon Wrobel

Sharon Wrobel is a tech reporter for The Times of Israel.
European Investment Bank (EIB) Vice President Gelsomina Vigliotti (right) with Alan Tavir, CEO of IDE Technologies Group and European Union Ambassador to Israel Dimiter Tzantchev announce EIB support for Western Galilee desalination project, June 25, 2023. (Courtesy)
June 25, 2023, 9:28 pm
EU financial arm to invest €900m in Israel, including Western Galilee desalination
European Investment Bank allocates €150 million for water facility plus €500m in Bank Leumi credit to encourage green business projects, and assesses €250m for Tel Aviv light rail
By Sharon Wrobel
Illustration of a how car that will run on Electriq~Global's water-based fuel will work (Courtesy)
June 22, 2023, 7:55 pm
Six startups make World Economic Forum tech pioneers list
Global list highlights early growth-stage companies ‘poised to have a significant impact on business and society’; previous cohorts included Google, Twitter, Airbnb, Spotify
By Sharon Wrobel
Israeli startup theGist's single AI-managed hub that centralizes employee workapps. (Courtesy)
June 22, 2023, 4:25 pm
Meet a workplace AI cross-app platform that shows employees what’s important
Israeli startup theGist launches a platform that centralizes employee work apps in one place to manage information overload and boost productivity
By Sharon Wrobel
N-Drip's drip irrgation system in the US. (Martin Hobelman/N-Drip)
June 21, 2023, 9:10 pm
Agritech firm N-Drip raises $44 million in Liechtenstein-led funding round
Drip irrigation tech developer inks cooperation agreement for the marketing of its systems in rice fields in the US, India and other countries
By Sharon Wrobel
Castor plants in a field. (Courtesy)
June 21, 2023, 6:09 pm
Evogene subsidiary nabs $9.1m deal for supply of castor seeds for biofuel production
Casterra signs agreement with top 10 oil and gas company to sell its high-yielding castor bean seeds to be cultivated in Africa
By Sharon Wrobel
Compass Datacenters designs and constructs data centers for some of the world’s largest cloud services providers in North America. (Courtesy)
June 20, 2023, 8:44 pm
Azrieli to sell stake in US data centers firm for about NIS 3.2 billion
Real estate developer expects to record a pre-tax gain of NIS 1.3 billion from the sale of the 32.5% stake
By Sharon Wrobel
Bank of Israel Governor Amir Yaron speaks during a press conference at the Bank of Israel in Jerusalem, on January 7, 2019. (Noam Revkin Fenton/Flash90)
June 20, 2023, 5:08 pm
Bank of Israel head urges lenders to pay fair interest on deposits, current accounts
Central bank chief instructs banks to fully pass on interest rates to deposit holders and come up with a plan to pay interest on the billions of shekels sitting in current accounts
By Sharon Wrobel
In this August 16, 2019, file photo, the logo for JPMorgan Chase & Co. appears above a trading post on the floor of the New York Stock Exchange in New York. (AP Photo/Richard Drew)
June 19, 2023, 6:15 pm
JPMorgan expands commercial banking business to Israel to cater to tech companies
US lender hires new banking team of 10 people to serve local startups and high-tech firms
By Sharon Wrobel
Illustrative: The Tel Aviv Stock Exchange. November 29, 2020. (Miriam Alster/FLASH90)
June 19, 2023, 1:08 pm
Shekel weakens as Netanyahu puts judicial reform back on the agenda
Local currency returns to losses amid renewed uncertainty over the advancement of proposed changes to the judicial system
By Sharon Wrobel
Intel Corp.'s R&D center in Haifa. (Courtesy)
June 18, 2023, 4:36 pm
Intel to invest ‘unprecedented’ $25 billion in chip manufacturing plant in Israel
Netanyahu hails investment as largest ever by a global private company in the country; Kiryat Gat plant to hire thousands
By Sharon Wrobel
Eshkol power plant, Israel's largest natural gas powered plant, near the port of Ashdod. (Courtesy)
June 18, 2023, 1:49 pm
Israel Electric sells Eshkol power plant to private group for over NIS 12 billion
Sale of power plant is part of electricity sector reform to boost competition; Energy Minister Katz says part of proceeds will be used to lower electricity prices
By Sharon Wrobel
A man shops for groceries at a Rami Levy supermarket in Jerusalem on February 3, 2022. (Yonatan Sindel/Flash90)
June 15, 2023, 9:48 pm
Israeli inflation lower than forecast in May, boosting odds of rate hike pause
Consumer price index surprises with lower-than-expected monthly figure of 0.2% versus analysts’ expectations of 0.5%-0.6%
By Sharon Wrobel
Illustrative: Skyscrapers in Tel Aviv. March 2023. (Anna Arinshtein via iStock by Getty Images)
June 15, 2023, 6:24 pm
Tel Aviv moves up to 5th place in annual ranking of best global tech ecosystems
City climbs two spots since last year, in new Startup Genome survey ranking; Silicon Valley maintains its first-place position followed by New York City and London
By Sharon Wrobel
The Tel Aviv Stock Exchange, in the center of Tel Aviv, December 25, 2018. (Adam Shuldman/Flash90)
June 14, 2023, 8:45 pm
Shekel seesaws amid Knesset’s judicial selection drama
Currency regains earlier losses after opposition’s surprise win of seat on panel; Israeli shares close lower amid investor concern over ability to reach broad compromise
By Sharon Wrobel
Outgoing Finance Ministry chief economist Shira Greenberg speaks at the Aaron Institute for Economic Policy conference at Reichman University, June 14, 2023. (Oren Shalev)
June 14, 2023, 2:28 pm
Business execs urge Netanyahu to let opposition have seat on judicial panel
Entrepreneurs and investors warn of ‘irreversible’ damage to economy; outgoing Finance Ministry chief economist calls on government to clear up political uncertainty
By Sharon Wrobel
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