Economics
Latest Economics News
Gasoline prices to rise above NIS 7 per liter on Saturday night
The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise on Saturday at…
Mizrahi Tefahot 2025 profit up 3.2%
Mizrahi Tefahot Bank, managed by CEO Moshe Larry, reported NIS 5.6 billion net profit in 2025, up 3.2% from 2024.…
Israeli AI training co Guidde raises $50m
Israeli AI digital adoption platform Guidde, today announced the completion of a $50 million Series B oversubscribed financing round led…
Cato Networks expands office space in Tel Aviv
Israeli cybersecurity company Cato Networks is enlarging its office space in central Tel Aviv to 23,400 square meters. The company…
Israeli startup Gambit Security raises $61m
Israeli AI-native resilience cybersecurity platform Gambit Security today announced that it has emerged from stealth with $61 million in seed…
Knesset cancels VAT exemption hike on personal imports
The Knesset plenum last night voted to cancel Minister of Finance Bezalel Smotrich’s order to double the VAT exemption on…
Goldman Sachs sees shekel as overvalued
Due to possible war with Iran and recent pressure on tech stocks, investment bank Goldman Sachs believes the shekel is…
Israeli web intelligence co Nimble raises $47m
Israeli real-time web search and data platform Nimble today announced the completion of a $47 million Series B financing round.…
BIG Glilot ends first year with promising results
On the second floor of the BIG Fashion Glilot strip mall, an "opening soon" sign is currently posted. Although the…
Israel’s biggest data center to be built in Ashdod
Data centers developer Serverfarm, owned by Manulife investment and the Papouchado family, together with the Israel Infrastructure Fund (IIF) will…
