Economics
Latest Economics News
Australian businessman buys Tel Aviv home for NIS 58m
Israeli media star Yaakov Bardugo has sold the Tel Aviv duplex he owns together with his partner for NIS 58…
Akamai buys Israeli browser security co LayerX
Akamai Technologies has announced that it has entered into a definitive agreement to acquire Israeli browser-based AI usage control and…
Coalition submits bill to dissolve Knesset
Coalition chairman MK Ofir Katz submitted a bill last night together with the heads of all the coalition factions to…
Anticipating BoI rate cut, banks cut interest on deposits
One of the clients of Israel’s big banks, who deals with money management, was surprised to discover that the interest…
Hapoalim profit stays high even after new tax
Bank Hapoalim (TASE: POLI) reported net profit of NIS 2.1 billion in the first quarter of 2026, 13% down from…
Lufthansa Group, Wizz Air to resume Israel flights
Lufthansa Group today announced that it will gradually resume Israel flights from June 1, ending three months in which it…
Wix pays $38m earnout payments for Base44
Israeli entrepreneur Maor Shlomo, who founded Israeli vibe coding startup Base44, an AI-based website and app building engine, received another…
Rafael and VW agree deal to produce Iron Dome parts - report
A deal between Israeli company Rafael Advanced Defense Systems and German car giant Volkswagen, which will include the production of…
monday.com beats analysts, announces strategic change
As it does every quarter, the share price of monday.com (Nasdaq: MNDY) responded sharply after the release of the company’s…
Gong ARR exceeds $500m calming AI fears
Israeli unicorn Gong today reported that its annual recurring revenue (ARR) exceeded the $500 million threshold at the end of…
