Economics

Latest Economics News

ServiceNow buys Israeli cybersecurity co Armis for $7.75b

US enterprise software company ServiceNow (NYSE: NOW) announced today that it is acquiring Israeli cybersecurity company Armis for $7.75 billion…

Home purchase cancellations on the rise

The special offers by developers that have become very common in the residential real estate market in the past three…

Amid Altice turmoil i24NEWS has uncertain future

Eighteen months ago, i24NEWS chairman Frank Malul told "Globes" that the newly established Hebrew channel would become "a genuine player…

Wizz Air plans Tel Aviv, Eilat bases from March

Following understandings reached between Wizz Air and the Israeli authorities about the establishment of two bases in Israel (at Ben…

Israeli tourism to Japan jumps sharply

The weakening of the yen against the shekel has made prices in Japan very attractive for Israelis observes Eshet Tours…

Mental health treatment co Syremis Therapeutics raises $165m

Israeli biopharmaceutical company Syremis Therapeutics, which is developing medicines for mental health conditions, has announced the completion of a $165…

Haifa seafront penthouse fetches NIS 6.2m

A 117 square meter, four-room, fourth and fifth floor penthouse apartment with a 35 square meter balcony in a new…

Zendesk acquires Israeli co Unleash

US software company Zendesk is opening a development center in Israel through the acquisition of a small artificial intelligence company…

B Communications distributing NIS 2.8b to shareholders

Holding company B Communications (TASE: BCOM), formerly the controlling shareholder in Bezeq (TASE: BEZQ) is going into liquidation, and its…

As the shekel appreciates, when might the BoI intervene?

The shekel is very close to a four-year peak against the US dollar. Today’s representative exchange rate was set at…