Economics

Latest Economics News

Elbit Systems reports $25b orders backlog

Defense company Elbit Systems (TASE: ESLT; Nasdaq: ESLT) reported an orders backlog up by $1.4 billion at $25.2 billion at…

Itron buys Israeli startup Locusview for $525m

US smart energy and water solutions company Itron (Nasdaq: ITRI) has announcerd the acquisition of Israeli startup Locusview for $525…

Bestselling author buys Tel Aviv penthouse for NIS 21m

Tamir Mandowsky, the bestselling author of "Investments for the Lazy" has signed a contract to buy a penthouse in Tel…

Bank of Israel eases dividend restrictions on banks

The Bank of Israel has decided to remove its recent restrictions on dividend distributions by the banks and allow them…

Pelephone signs MOU for acquisition of Hot Mobile

The Bezeq group (TASE: BEZQ) notified the Tel Aviv Stock Exchange yesterday evening that its mobile telephony subsidiary Pelephone and…

Cloud backup co Eon raising funds at $4b valuation

Dream company Eon, co-founded by serial entrepreneur Ofir Ehrlich, who previously sold a company to Amazon for hundreds of millions…

China still winning major Israeli infrastructure deals

At a time when the Western world, and the US in particular, are striving to break away from ties with…

Apartments sold and rented

Second-hand apartments sold Tel Aviv and central region Bat Yam: A 65 square meter, three-room, first floor apartment on Giora…

SoftBank reduces Lemonade stake

Japanese investment giant SoftBank recently is no longer a party in interest in Israeli digital insurance company Lemonade (NYSE: LMND),…

ZIM shareholder group seeks to appoint three directors

Israeli shareholders holding an aggregate of over 8% of the shares in shipping line ZIM Integrated Shipping Services (NYSE: ZIM)…