Economics
Latest Economics News
Submarine procurement inquiry finds systematic failings
Israel’s State Commission of Inquiry into the submarines and vessels procurement affair, headed by former Supreme Court President Justice Asher…
Lemonade jumps after halving premiums for Tesla FSD cars
The share price of Israeli digital insurance company Lemonade (NYSE :LMND) is up by more than 16% after the company…
PayPal buying Israeli startup Cymbio
Payments company PayPal is buying Tel Aviv-based startup Cymbio. Cymbio was founded in 2015 by Roy Avidor, Gilad Zirkel and…
Int'l fiber optic project delays put Israel at risk
Israel is meant to be at the center of at least four international telecommunications projects (if the participation of the…
Assaf Rappaport consortium mulls buying Channel 13
Len Blavatnik, the owner of Israel’s Channel 13, has already decided to sell the TV station, partly due to ongoing…
Integrated transport hubs planned above Ayalon Highway
The plan to build seven integrated transport hubs along the Metro route in the Tel Aviv metropolitan area is underway…
BoI claims mutual hedge funds threaten financial stability
A stormy session of the Knesset Finance committee took place this week on the regulation of mutual hedge funds, an…
Israeli defense-tech co Kela teams with Starling on drones
Israeli defense-tech company Kela Technologies has agreed an exclusive commercial and operational collaboration with US company Starling Inc. As part…
Deep33 Ventures launches $150m deep tech fund
The Deep33 Ventures venture capital fund, which was recently founded in Israel and the US, has announced the launch of…
Hot Mobile accepts NIS 1.88b Delek Israel bid
Delek Israel looks set to buy Hot Mobile from Altice Group for NIS 1.88 billion after receiving an exclusive period…
