Economics

Latest Economics News

Wix raises $250m to invest in AI

Israeli website building company Wix.com Ltd. (Nasdaq: WIX) has raised $250 million in a private placement to institutional investors led…

Wizz Air operating Sinai flights to rescue stranded Israelis

Hungarian low-cost carrier Wizz Air has increased the frequency of flights to Sharm el-Sheikh in Sinai and is expanding operations…

S&P: Despite gravity of situation Israel’s economy is resilient

International ratings agency S&P has made its first remarks about the war against Iran, publishing an update for investors today…

Fig Security emerges from stealth with $38m

Israeli cybersecurity company Fig Security has emerged from stealth with $38 million in Seed and Series A financing rounds. Investors…

Smart Shooter raises NIS 200m in TASE IPO

In the midst of the war with Iran and Lebanon, advanced gunsights developer and producer Smart Shooter has raised NIS…

Polymarket punters predict when the war might end

A day after US President Donald Trump declared that the operation against Iran is likely to last a month, prediction…

Gloat lays off 20% of workforce

Sources tell “Globes” that some customers are not renewing contracts for the company’s flagship product and Gloat is performing a…

Nine killed as Iranian missile hits Beit Shemesh

Nine people have been killed and 51 injured, several seriously, after an Iranian missile hit a public bomb shelter and…

33% of buildings lack adequate structural protection

"Tel Aviv has become a target for Iran not only because it is considered by the Iranians to be the…

Smotrich: War has already cost Israel NIS 9b

Israel’s Minister of Finance Bezalel Smotrich has said that the war against Iran has so far cost NIS 9 billion,…