Economics

Latest Economics News

Israeli AI agents co Wonderful raises $100m

Three months after raising $34 million and just nine months after it was founded, Israeli AI agents company Wonderful has…

Shekel at strongest since August 2022 against dollar

The shekel has gained more than 10% against the US dollar since the beginning of the year.Read the full story

Yes revaluation boosts Bezeq's results

Telecommunications group Bezeq has reported a positive third quarter, with a 1.7% rise in core revenue to NIS 2 billion…

Idan Ofer set to make huge gain on Atletico Madrid sale

Idan Ofer, the controlling shareholder in Israel Corporation (TASE: ILCO), will make a huge gain on the sale of Spanish…

Israeli VC fundraising back on the rise

Two months ago, Israeli research firm IVC, together with the Gornitzky law firm and KPMG, published a gloomy report on…

El Al again reports record profits

El Al Israel Airlines Ltd. (TASE:ELAL) has reported net profit of $203 million in the third quarter of 2025, up…

Ramat Hasharon house for demolition fetches NIS 8.8m

A 140 square meter old house on Komemmiyut Street in Ramat Hasharon on a 352 square meter lot has been…

Israel and Turkey battle for drone supremacy

The 2010 Mavi Marmara flotilla had many detrimental effects on Israeli-Turkish relations. One of the least talked about is the…

Tax changes for aviation industry seen leading to higher fares

Via the Economic Arrangements Bill that accompanies the state budget, the Ministry of Finance is promoting several moves that will…

NIS 65b Metro tenders underway

The Metro tenders, amounting to at least NIS 65 billion, get underway today. The stage published today is the pre-qualification…