Economics
Latest Economics News
Apartments sold and rented
Second-hand apartments sold Tel Aviv and central region Tel Aviv: A 58 square meter, three-room, third floor apartment on Melchet…
Gasoline prices to fall sharply Sunday night
The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will fall sharply on Sunday…
Moshe Kahlon handed suspended sentence and fine
The Tel Aviv District Court today approved a plea bargain agreement with Minister of Finance Moshe Kahlon. He was handed…
Elbit leases Ness Ziona building from Vitania
The growing demand for new office space for Israel defense companies continues to surge. Income producing property company Vitania (TASE:…
Dimri family buys units in YH Dimri's Sde Dov project
YH Dimri (TASE: DIMRI), one of the largest companies in residential real estate in Israel, reported some degree of recovery…
Shekel appreciation continues unchecked
The shekel continues to strengthen to levels not seen since for decades against the world’s major currencies. Yesterday the Bank…
Wix CEO blames strong shekel for layoffs
In confirming that the company is laying off 20% of employees, Avishai Abrahami wrote, “A very meaningful portion of our…
Amdocs to lay off 3,000 employees
Israeli tech company Amdocs (Nasdaq: DOX) is preparing for a round of layoffs worldwide, in which the company will downsize…
Leviathan production capacity exceeds expectations
Leviathan, Israel’s biggest gas field, is reporting a much greater production capacity than previously announced, according to Leviathan partner Ratio…
Israeli 3D printing co Stratasys buys MarkForged
Israeli polymer 3D solutions company Stratasys (Nasdaq: SSYS) has announced the acquisition of US company MarkForged from Israeli 3D printing…
