Economics
Latest Economics News
Quantum Art extends Series A financing to $140m
Israeli scalable quantum computing solutions company Quantum Art has announced that it has extended its Series A financing by $40…
Banks ask court to declare Nochi Dankner bankrupt
The debt settlement with the banks, agreed three months ago by former IDB Group controlling shareholder Nochi Dankner, has collapsed.…
Shapir mulls buying control of Ashdod Refinery for NIS 1b
The sharp rise in the price of oil due to the Iran war has boosted the share prices of Bazan…
Shekel-sterling rate heading below NIS 4/£
After the US dollar fell below NIS 3/$ for the first time since 1995, the Israeli currency is consolidating its…
Israeli tech employees hold stock options worth NIS 150b
"There is no doubt that high-tech employees earn huge sums - especially from the equity compensation they receive (in options…
Supreme Court orders financial sanctions for draft evaders
The ruling instructs government bodies to withdraw financial benefits including subsidies for daycare centers, discounts on public transport, discounts on…
Yair Lapid and Naftali Bennett merge parties
Former Prime Minister Naftali Bennet and leader of the opposition Yair lapid MK have announced the merger of their political…
Cyera buys Israeli startup Ryft for over $100m
Israeli AI and data security company Cyera today announced the acquisition of Israeli automated data lake platform Ryft. No financial…
Lyft buys Gett's London taxi-hailing operation
US travel app Lyft has bought the taxi hailing activity of Gett in London for an estimated $50 million. The…
Ondas wins $10m tender to clear mines in Israel
Ondas’ Israeli subsidiary 4M Defense has received an $10 million order as part of the recently announced $50 million demining…
