Economics

Latest Economics News

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…

Greece in talks to procure Israeli air defense systems

Concerned about Turkey, Greece is speeding up negotiations to buy air defense systems from Israel Aerospace and Rafael for €3…

Emigration from Israel rising sharply

The number of Israelis leaving the country has jumped even after taking into account that many immigrants from Russia and…

Amendment 13 is gamechanger on data security enforcement

During a recent privacy and data-security conference in Israel, industry leaders explored the implications of Amendment 13 to Israel’s Privacy…

FIMI raising $1.5b eighth fund

Private equity firm FIMI Opportunity Funds is raising an eighth fund, its largest so far. The firm aims to raise…

Israeli AI security co Sweet Security raises $75m

Israeli AI security company Sweet Security today announced the completion of a $75 million Series B financing round led by…

Cloud co Nebius signs $3b deal with Meta

Dutch-Israeli cloud company Nebius Group has signed a $3 billion deal with Meta to provide computer infrastructure for AI over…

Reit1 buys 45% of Sypholux site in Tel Aviv

Real estate investment trust Reit1 (TASE: RIT1) has agreed to buy 45% of the site of the former Sypholux factory…

Taxation on new cars set to rise substantially in 2026

Yesterday, the Ministry of Finance published its revised taxation schedule for vehicle purchases, which will come into force in January…

Pelephone raises offer for Hot Mobile

The battle to buy Hot Mobile is heating up. After a new offer for the mobile phone company was submitted…