Economics
Latest Economics News
Meta to lay off 100 in Israel, reassign 200 to AI
Meta (formerly Facebook) recently announced that it was laying of 10% of its workforce worldwide - about 8,000 employees. The…
Dalia Energy signs $6.7b Leviathan gas deal
Dalia Energy has signed an especially large natural gas deal over 20 years for its two large power stations: the…
Israeli acquisitions help boost Ondas revenue 12-fold
It would seem that if an Israeli defense company is looking to be sold, its best option these days is…
British Airways postpones resumption of Israel flights
UK carrier British Airways has again postponed its resumption of flights to and from Israel and has extended the cancellation…
Real estate companies report dwindling profits
At the end of last week the Central Bureau of Statistics reported that home prices were rising after two months…
Gov't drops mortgage subsidy plan
Sources inform "Globes" that the government has halted the legislation for subsidizing mortgage borrowers whose monthly repayments rose sharply with…
Construction co BST Group files for TASE IPO
The wave of IPOs on the Tel Aviv Stock Exchange (TASE) continues in full swing. A day after real estate…
Weather satellite co Tomorrow.io raises further $35m
The Israeli-US company’s space-based observation, advanced weather modeling, and generative AI is transforming weather intelligence into mission-critical infrastructure for the…
Discount Bank profit 10% lower, 600 layoffs in 2026
Israel Discount Bank (TASE: DSCT) reported its first quarter results for 2026 today. Net profit was NIS 930 million, down…
Ondas buys Israeli defense software co Omnisys for $200m
US defense technology company Ondas Holdings (Nasdaq: ONDS) has announced that it has announced it has entered into a definitive…
