Economics

Latest Economics News

Golan Druze adoption of Israeli citizenship surges

More than a third of the Druze living on the Golan Heights have already taken Israeli citizenship, most of them…

Buying a home becoming further out of reach for Israelis

The Bank of Israel is due to announce its latest interest rate decision this afternoon. The market estimates a 60%…

Strong shekel pushes companies overseas

Over the years, many Israeli companies have transferred part of their activities overseas, in order to save costs or to…

IAI signs $1b air defense deal with Israel’s Defense Ministry

Israel Aerospace Industries (IAI) last week announced that it had signed an agreement to sell air defense systems to Israel’s…

Veeva buys Israeli clinical trial data streaming co Yonalink

US cloud software systems provider for the life sciences industry Veeva Systems (NYSE: VEEV), which has a market cap of…

Business credit database approved

Knesset Economic Affairs Committee chairperson MK David Bitan was left a lone figure at the head of the committee room…

Meta to lay off 100 in Israel, reassign 200 to AI

Meta (formerly Facebook) recently announced that it was laying of 10% of its workforce worldwide - about 8,000 employees. The…

Dalia Energy signs $6.7b Leviathan gas deal

Dalia Energy has signed an especially large natural gas deal over 20 years for its two large power stations: the…

Israeli acquisitions help boost Ondas revenue 12-fold

It would seem that if an Israeli defense company is looking to be sold, its best option these days is…

British Airways postpones resumption of Israel flights

UK carrier British Airways has again postponed its resumption of flights to and from Israel and has extended the cancellation…