Economics

Latest Economics News

IAI unit opens suicide drone production plant in Morocco — report

Israel Aerospace Industries (IAI) unit Blue Bird Aero Systems has inaugurated a production facility for suicide drones in Morocco, "Defense…

Israel’s economy grew at 12.4% in Q3

Israel’s gross domestic product (GDP) growth recovered strongly in the third quarter of 2025, after the economy contracted during the…

CPI up 0.5% in October, while home prices fall again

Israel’s Consumer Price Index (CPI) rose 0.5% in October 2025, according to figures released by the Central Bureau of Statistics…

Haifa tops home sales table for first time in decades

For the first time in decades, Haifa is the leading city in Israel for the number of residential real estate…

Salesforce buys year-old Israeli startup for $100m

Salesforce has announced the acquisition of Doti, a young Israeli startup that emerged from stealth mode earlier this year, in…

Israeli quantum computing co Classiq raises $40m

Israeli quantum computing software company Classiq today announced a strategic up-round of tens of millions of dollars with participation from…

AWS to double data center capacity in Israel

Amazon Web Services has leased land near Netanya, on which it can build a 60,000 square meter data center.Read the…

Canadian fund Awz to invest NIS 5b in Ashkelon chip plant

For the first time since Intel's decision to build a fab in Kiryat Gat some 20 years ago, a new…

Israeli gov’t proposes restrictions on holding cash

Much research shows a close connection between the use and possession of cash and crime. The studies also find that…

Caesarstone closes plant in northern Israel, lays off 200

Israeli company Caesarstone (Nasdaq: CSTE), which manufactures quartz and porcelain surfaces for kitchen countertops, bathrooms and interior design, has been…