Economics

Latest Economics News

Treasury drops EV travel tax

As first reported by "Globes", the travel tax on electric vehicles will not be imposed in 2026, and will probably…

Arkin group digital health arm raises $40m second fund

A-Squared Ventures (formerly Arkin Digital Health), headed by Nadav Shimoni, is raising a $40 million second fund. Among the investors…

Israeli co VAST Data wins $1.17b contract with CoreWeave

Israeli company VAST Data, which operates from a development canter in the Expo Tel Aviv - International Convention Center and…

ICL plunges on Dead Sea minerals concession compromise

The Israeli government concession for Dead Sea minerals given to ICL (TASE: ICL: NYSE: ICL) (formerly Israel Chemicals) in 1961…

Smotrich plans 0% income tax for new immigrants

Minister of Finance Bezalel Smotrich and Minister of Aliyah and Integration Ofir Sofer have presented a new initiative in which…

Philippines struggles to impose Israel arms ban

The Philippines government has declared, following domestic political pressure and Israel's refusal to recognize the boundaries of its economic waters…

Short-haul fares lower, long-haul fares higher

November marks the start of the winter season in Israel’s travel industry, and with it this year, after the ceasefire…

Israelis brace for New York mayor’s business policies

The election of Zohran Mamdani as New York mayor, after he has repeatedly spoken out in favor of a boycott…

Smotrich promoting Israel Railways privatization

One of the most major reforms to be put into the draft of the Economic Arrangements Bill, accompanying the 2026…

Armis raises $435m at $6.1b valuation

Israeli cybersecurity company Armis has announced the completion of a $435 million financing round at a company valuation of $6.1…