Economics

Latest Economics News

Israeli tech employees hold stock options worth NIS 150b

"There is no doubt that high-tech employees earn huge sums - especially from the equity compensation they receive (in options…

Supreme Court orders financial sanctions for draft evaders

The ruling instructs government bodies to withdraw financial benefits including subsidies for daycare centers, discounts on public transport, discounts on…

Yair Lapid and Naftali Bennett merge parties

Former Prime Minister Naftali Bennet and leader of the opposition Yair lapid MK have announced the merger of their political…

Cyera buys Israeli startup Ryft for over $100m

Israeli AI and data security company Cyera today announced the acquisition of Israeli automated data lake platform Ryft. No financial…

Lyft buys Gett's London taxi-hailing operation

US travel app Lyft has bought the taxi hailing activity of Gett in London for an estimated $50 million. The…

Ondas wins $10m tender to clear mines in Israel

Ondas’ Israeli subsidiary 4M Defense has received an $10 million order as part of the recently announced $50 million demining…

Israel's population grew 1.4% over past year

Israel's population has reached 10.244 million on the eve of Israel's 78th Independence Day, the Central Bureau of Statistics reports.…

VAST Data confirms $1b raise at $30b valuation

Israeli data storage management solutions company VAST Data today announced the completion of a $1 billion Series F financing round…

“Most of my liquid capital is spent on philanthropy."

Micha Kaufman has been flying light aircraft for the past 30 years. He has tried his hand at most types…

Ramat Gan house sells for NIS 8.4m

A five-room detached house on a 423 square meter lot at 20 Sapir Street in the Ramat Efal neighborhood of…