Economics

Latest Economics News

Real estate companies report dwindling profits

At the end of last week the Central Bureau of Statistics reported that home prices were rising after two months…

Gov't drops mortgage subsidy plan

Sources inform "Globes" that the government has halted the legislation for subsidizing mortgage borrowers whose monthly repayments rose sharply with…

Construction co BST Group files for TASE IPO

The wave of IPOs on the Tel Aviv Stock Exchange (TASE) continues in full swing. A day after real estate…

Weather satellite co Tomorrow.io raises further $35m

The Israeli-US company’s space-based observation, advanced weather modeling, and generative AI is transforming weather intelligence into mission-critical infrastructure for the…

Discount Bank profit 10% lower, 600 layoffs in 2026

Israel Discount Bank (TASE: DSCT) reported its first quarter results for 2026 today. Net profit was NIS 930 million, down…

Ondas buys Israeli defense software co Omnisys for $200m

US defense technology company Ondas Holdings (Nasdaq: ONDS) has announced that it has announced it has entered into a definitive…

Weebit Nano completes $73m raise on ASX

Israeli advanced memory technology company Weebit Nano (ASX: WBT) has raised $11 million (A$15 million) via a share purchase plan…

Kahlon agrees plea bargain on securities offenses

An indictment was filed today against former Minister of Finance Moshe Kahlon in the Tel Aviv Economic Court, as part…

Apartments sold and rented

Second-hand apartments sold Tel Aviv and central region Givatayaim: A 80 square meter, 3.5-room, first floor apartment with parking on…

Israel’s Consumer Price Index jumped in April

Israel’s Consumer Price Index (CPI) rose 1.2% in April 2026 from the previous month, according to Central Bureau of Statistics…