Economics

Latest Economics News

Credo buys Israeli optical connectivity co DustPhonics

US chip company Credo Technology (Nasdaq: CRDO) has announced that it is acquiring Israeli startup DustPhonics in a cash and…

Israeli VC firm Iron Nation launches $60m fund

Israeli venture capital firm Iron Nation today announced the launch of its second fund totaling $60 million, of which $50…

Haifa hilltop house sells for NIS 10m

A 460 square meter, nine-room house on a 707 square meter lot on Brandeis Street in Haifa’s Central Carmel has…

Nova overtakes Check Point

Trading in New York last week took place in the shadow of the uncertainty over the fragile ceasefire and the…

Shekel at 30-year strongest against dollar

The ceasefire with Iran and negotiations with Lebanon have seen the shekel hit a 30-year strongest against the US dollar.…

Foreign airlines resuming Israel flights this week

Following the ceasefire with Iran, foreign airlines have been announcing the resumption of flights to and from Israel this week.…

NewMed Energy signs MOU to sell Aphrodite gas to Egypt

NewMed Energy (TASE: NWMD) has signed a memorandum of understanding (MOU) to sell 100 billion cubic meters (BCM) of natural…

Karish gas field resumes production

Following the ceasefire between the US, Israel and Iran, the Karish offshore gas rig is also back in operation, despite…

Israel to step up production of Arrow interceptor missiles

A ministerial committee has approved increased production of Arrow missiles, in a deal which will be worth billions to Israel…

Israel reopens amid uncertainty in north

With the war seemingly over after 40 days of fighting and the Passover holidays over, Israel returns to work today…