Economics

Latest Economics News

Upwind Security raises $250m, becomes unicorn

Israeli cloud infrastructure security company Upwind Security announced today that it has completed a $250 million Series B financing round…

M Haderech Mall again up for sale

Australia Israel (TASE: AUIS) is in talks to sell the M Haderech Mall and a recently completed commercial center in…

Amid uncertainty Israeli airlines introduce flexible ticket terms

Amid a feeling of geopolitical security uncertainty foreign airlines flying to Israel have been canceling and rescheduling flights. Now following…

"The shekel could strengthen to NIS 2/$"

Within the next few days the US is expected to complete the deployment of its military forces in the Middle…

Fiverr hits historic low amid AI fears

The share price of Israeli gig economy marketplace Fiverr (NYSE: FVRR) fell last week to an all-time low of $15.70,…

Ness Ziona penthouse fetches NIS 5.4m

A 127 square meter, five-room, fifth floor penthouse with 55 square meter and 10 square meter balconies on Hoshen Street…

Submarine procurement inquiry finds systematic failings

Israel’s State Commission of Inquiry into the submarines and vessels procurement affair, headed by former Supreme Court President Justice Asher…

Lemonade jumps after halving premiums for Tesla FSD cars

The share price of Israeli digital insurance company Lemonade (NYSE :LMND) is up by more than 16% after the company…

PayPal buying Israeli startup Cymbio

Payments company PayPal is buying Tel Aviv-based startup Cymbio. Cymbio was founded in 2015 by Roy Avidor, Gilad Zirkel and…

Int'l fiber optic project delays put Israel at risk

Israel is meant to be at the center of at least four international telecommunications projects (if the participation of the…