Economics

Latest Economics News

Israeli delegation to visit US to promote IAI, Rafael IPOs

An Israeli delegation led by Government Companies Authority deputy head Maayan Harel will visit New York next month to investigate…

Anduril to set up Israel operations

Innovative US military technology company Anduril Industries, which raised money recently at a $61 billion valuation, is currently meeting with…

El Al to settle lawsuit from 2000 for NIS 60m

El Al Israel Airlines (TASE: ELAL) will pay compensation of NIS 59.9 million, including costs, in a settlement of a…

Dream Security raises $260m at $3b valuation

Israeli cybersecurity company Dream Security, which was founded by former spyware company NSO Group CEO Shalev Hulio, and former Austrian…

BP, Socar, NewMed to begin Israel gas exploration

The consortium won exploration rights in the block in October 2023, but due to the outbreak of war, they only…

Israel cuts ties with EU’s top diplomat

Israel’s Minister of Foreign Affairs Gideon Sa'ar announced today that Israel is immediately cutting ties with the EU's foreign policy…

Falling bond yields herald lower mortgage interest rates

Good news for mortgage borrowers: the sharp fall in bond yields in Israel is starting to percolate through to the…

Dutch co sues Landa Labs over €16m debt

Dutch company Altana BV, owned by German billionaire Susanne Klatten has filed a lawsuit in the Central District Court to…

Leumi to gift some customers NIS 700

Many Bank Leumi (TASE: LUMI) customers received an unexpected telephone text message today informing them that the bank will deposit…

Vivatech underway in Paris with strong Israeli presence

Humanoid robots loaded with AI were shaking hands with passersby, and flying cars were preparing for lift-off on perhaps the…