Economics
Latest Economics News
Nova stock soars to new peak
The share price of Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 4.9% on Wall Street on Friday after a slight fall on…
Wiz cofounder buys land for Binyamina homes for NIS 28m
Israeli cybersecurity company Wiz cofounder and CTO Ami Luttwak and his wife Ruth have bought three houses on two lots…
Apartments sold and rented
Second-hand apartments sold Tel Aviv and central region Herzliya: A 107 square meter, four-room, fourth floor apartment with a 12…
Cabinet approves Treasury budget chief, accountant general
Israel’s cabinet today approved Minister of Finance Bezalel Smotrich’s two appointments for top positions in the Ministry of Finance: Maharan…
Renting in Tel Aviv: What's up and what's down
Rents in Tel Aviv have been shaken up in the past two years by war, the economy, and planning. The…
Etraveli Group buys Israeli AI travel-tech co Wenrix
Swedish travel-tech company Etraveli Group announced today the acquisition of Israeli AI travel-tech startup Wenrix. Financial terms of the deal…
Hailo cuts 10% of workforce
Israeli chip company Hailo, which develops dedicated processors for running AI applications on smart edge devices, is currently streamlining and…
Elbit expands US production with Sigma howitzer
Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) US unit Elbit America has recently completed manufacturing the first…
Cyera raises $400m at $9b valuation
Israeli AI and data security company Israeli cybersecurity company Cyera today announced the completion of $400 million Series F financing…
IEC suspends ‘service’ charges for rooftop solar panels
The Public Utilities Electricity Authority has instructed the Israel Electric Corp. (IEC) to suspend retroactive ‘systems service costs’ charges to…
