Economics

Latest Economics News

Cyera raises $600m at $12b valuation

Israeli AI and data security company Cyera today announced the completion of $600 million financing round at a company valuation…

Israeli startup Aryon Security raises $25m

Israeli startup Aryon Security, which last year unveiled its innovative cloud security solution, has completed a $25 million Series A…

Treasury: Haredi households create NIS 10,500 monthly deficit

The Knesset Finance Committee has approved the daycare bill, which is being promoted by the haredi parties and will now…

Fewer tech workers buying Tel Aviv homes

The housing market in Tel Aviv, which has been slow for a while, now faces additional pressures: the wave of…

Tshuva wants higher shekel price for gas

Several months after receiving Israeli government permission to significantly increase natural gas exports to record levels, NewMed Energy (TASE: NWMD)…

Hailo lays off 50% of workforce

Israeli edge AI chipmaker Hailo today announced it is laying off 110 employees, representing about 50% of the company’s workforce.…

Wizz Air cancels Israel flights

Despite the firing of missiles on Israel by Iran and the Houthi rebels in Yemen, Israel’s Ministry of Transport decided…

Israeli AI efficiency co PointFive raises $60m

PointFive has developed a platform that identifies root-cause waste across cloud infrastructure, data platforms, and AI workloads, then routes automated…

TASE opens on sharp falls; Tidhar down on debut

Following the resumption of Iranian, and Houthi, missile attacks on Israel, and declines on US stock markets at the end…

Houthis declare ban on Israeli ships in Red Sea

This morning, the Houthi rebels in Yemen announced "a complete ban on the transit of Israeli ships or of ships…