Economics

Latest Economics News

Apartments sold and rented

Second-hand apartments sold Jerusalem and environs Jerusalem: A 98 square meter, four-room, third floor apartment with parking on Koren Eliyahu…

Iran concerns hit interest rate cut likelihood

With inflation falling to a 4.5-year low, analysts had seen an 80% chance of the Bank of Israel cutting rates…

Guardant Health buys Israeli co MetaSight Diagnostics

US biotech company Guardant Health (Nasdaq: GH) has acquired Israeli precise liquid biopsy company MetaSight Diagnostics for an immediate payment…

Real estate merger: Israel Canada buys Acro for NIS 3.1b

In a huge merger in Israel’s real estate industry, property developer Israel Canada (TASE: ISCN) has acquired the activities of…

Qualcomm leases office space in Netanya

US chip giant Qualcomm is leasing 2,000 square meters of office space from Isras Investment Co. (TASE: ISRS) in Park…

Palo Alto Networks to begin trading on TASE next week

The Tel Aviv Stock Exchange (TASE) reports that US cybersecurity giant Palo Alto Networks (Nasdaq: PANW) will begin trading on…

Elbit teams with Thyssenkrup on submarine parts

German naval defense giant Thyssenkrup Marine Systems (TKMS) and Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) have…

Enlight market cap surges past $10b after strong Q4 results

Enlight Renewable Energy (Nasdaq: ENLT; TASE: ENLT) share price rose 16.04% on Nasdaq yesterday, giving a market cap of $10.3…

Ormat to power Google operations in Nevada

Israeli geothermal and renewable energy company Ormat Technologies Inc. (NYSE: ORA; TASE: ORA) has announced that it has entered into…

Palo Alto Networks to buy Israeli co Koi Security for $400m

Palo Alto Networks (Nasdaq: PANW) has announced it has signed a definitive agreement to acquire Israeli endpoint security company Koi…