Economics

Latest Economics News

Tidhar CEO: Home prices down 20% in 4 years

Uri Levin told the EY Israel real estate conference, "We are in one of the most challenging periods for the…

Qualcomm buys Israeli co SAM Seamless Network

Israeli cybersecurity company SAM Seamless Network has announced that it has been acquired by US chip giant Qualcomm. "Globes" has…

Israeli startups raised $3.3b in June

Israeli startups raised a whopping 3.3 billion in June 2026, according to reports and press releases seen by "Globes." The…

Tax Authority raises wealth fund revenue forecast

The Israel Tax Authority has announced a revision of the outlook for revenue from royalties on gas and oil profits…

Why is Israel's largest shopping mall valued so low?

This week, brothers Yigal and Moshe Gindi sold their remaining holding (25%) in the Kenyon Hazahav ("Golden Mall") shopping mall…

Savings reform hits investment provident funds

Over a year has passed since the release of the interim report of the "Arbitrage Committee", which was set up…

AI pushes Elementor to lay off 100

After Wix.com Ltd. (Nasdaq: WIX), another Israeli company in the field of website building is making cuts: Elementor announced this…

Crusoe to invest $10b in data centers in Israel

The US neocloud giant has leased an additional 100 megawatts of data center space at three sites across Israel, bringing…

Nochi Dankner begins new life after bankruptcy

Last Wednesday a short six-page document dramatically changed the life of the former most powerful man in the Israeli economy.…

Rafael signs huge air defense deal with Romania

Rafael Advanced Defense Systems today announced that it has signed an agreement with Romania’s Ministry of National Defense for the…