Economics
Latest Economics News
Vast Data $1b raise to be mainly a secondary offering
The much talked about financing round by Israeli data storage management solutions company VAST Data, which is currently in its…
Israel’s forex reserves hit new record in January
Israel’s foreign exchange reserves at the end of January 2026 rose to a record $233.044 billion, an increase of $3.539…
SSI exec leaves to found AI startup in Tel Aviv
Another senior executive has left the Tel Aviv development center of Safe Superintelligence (SSI), the company set up by former…
Fox to open Dyson store, distribute products in Israel
Fox-Wizel (TASE: FOX) announced today that it has signed an agreement with Dyson Technology Ltd. and Dyson Technology B.V. to…
Lowental Hybrid engines to extend missions of Elbit drones
Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) has chosen Israeli defense-tech startup Lowental Hybrid to supply electrical-hybrid motors that are suitable…
Sde Dov land contamination discovery could delay construction
The Ministry for Environmental protection and Israel Land Authority announced today that recent tests conducted in Tel Aviv’s Sde Dov…
Psagot to represent BlackRock’s TASE iShare funds
Psagot Investment House has been appointed to serve as the operational representative of the foreign funds in Israel of investment…
Fund buys control of car parts co M PInes for NIS 500m
The vehicle parts market continues to arouse interest on the capital market. Private equity firm Israel Legacy Partners has announced…
Israeli weather satellite co Tomorrow.io raises $175m
Israeli weather satellite company Tomorrow.io today announced the completion of a $175 million financing round led by Stonecourt Capital and…
Tax Authority combats fake invoices linked to identity theft
Following the Israel Tax Authority’s success in fighting fictitious invoices, criminal organizations have switched to identity theft to plant huge…
