Economics

Latest Economics News

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…

Elbit Systems wins Singapore Hermes 900 drone deal

The Singapore Air Force has announced that it has decided to replace the Hermes 450 unmanned aerial vehicles (UAVs), which…

Teva beats analysts on Q3, raises guidance

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) has presented strong third quarter results and calmed investors. Despite concerns, the…

Hapoalim gifts shares to 394,000 customers

The move in which Bank Hapoalim (TASE: POLI) offered customers a NIS 100 grant or two shares, currently worth NIS…

House on Galilee kibbutz sold for NIS 5.05m

A 210 square meter house on Kibbutz Hagoshrim in the Upper Galilee has been sold for NIS 5.05 million. The…

US plans $6b weapons sales to Israel — report

The Trump administration is seeking approval from US Congress for the sale of arms to Israel worth nearly $6 billion,…

Apartments sold and rented

Second-hand apartments sold Jerusalem and environs Jerusalem: A 79 square meter, four-room, third floor apartment on Asher Gulak Street in…

Navan files prospectus for Nasdaq IPO

Israeli-US travel booking company Navan has filed a prospectus with the US Securities and Exchange Commission for an IPO on…

Glilot Capital raises $500m for VC funds

This brings the Israeli venture capital firm's total assets under management to over $1 billion, and is a major step…

EU recommends suspending Israel free trade agreement

The European Commission today announced that it is recommending imposing sanctions on extreme Israeli ministers, suspending the free trade agreement…