Economics

Latest Economics News

Part of a trend: Startup Namogoo sold at a loss

Herzliya-based startup Namogoo, which raised $84 million and reached a valuation of $177 million, was sold yesterday in a deal…

Tel Aviv seafront apartment sold for NIS 58m

A 275 square meter apartment on the tenth floor of the SIX 8 tower, to be built near the Dolphinarium…

Delek Group outdoes banks on profit, but dividend lower

Delek Group, controlled by Yitzhak Tshuva and headed by Idan Wallace, reported a NIS 3 billion net profit of the…

Fuhrer and Searchlight selling Bezeq shares for $650m

B Communications (TASE: BCOM), the controlling shareholder in Bezeq Israel Telecommunications Company Ltd. (TASE:BZEQ has begun selling most of its…

Israeli housing rental platform Venn raises $52m

Israeli multifamily housing platform Venn today announced the completion of a $52 million Series Bfinancing round led by NOA and…

75% of Israeli cos hiring less juniors — study

New research covering 17 countries by Israeli-US human resources and payroll platform developer Deel has found that 75% of enterprises…

What has sent Nice tumbling?

The technology company's investor conference apparently disappointed, but analysts remain positive bout the long term.Read the full story

Nvidia to collaborate with Sheba on genome hidden codes

US chip giant Nvidia, Sheba Medical Center in Israel and Mount Sinai Hospital in the US have announced a strategic…

Nvidia joins $200m round raised by Shashua’s AI startup

Exclusive: US chip giant Nvidia has joined the $200 million financing round raised by AA-I Technologies, the new AI startup…

Mangrove’s Israel partners launch new VC fund

European venture capital fund Mangrove Capital Partners is closing down its representative office in Israel, "Globes" has learned. Mangrove was…