Economics

Latest Economics News

Crowdstrike buys Israeli co Seraphic Security for $420m

US cybersecurity company Crowdstrike has announced the acquisition of Israeli cybersecurity company Seraphic Security, which was founded by former Walla!…

Israeli AI drug discovery co Converge Bio raises $25m

Israeli AI platform for accelerated drug discovery and development company Converge Bio, announced today the completion of a $25 million…

eToro lays off 7% of workforce

Less than a year since its Nasdaq IPO, Israeli online trading platform eToro (Nasdaq: ETOR) is laying off 7% of…

Foreign resident buys Kiryat Gat house for NIS 5.18m

A foreign resident has bought a 202 square meter, seven-room semi-detached house on Shvo Street in the Carmei Gat neighborhood…

Arkin raises $100m for early-stage biotech fund

Arkin Capital, which specializes in investments in life sciences and other areas, has announced it has raised $100 million for…

AI21 Labs denies Nvidia acquisition talks

Israeli artificial intelligence company AI21 Labs, co-founded by Prof. Amnon Shashua, has officially denied talks for its acquisition by Nvidia,…

Nova stock soars to new peak

The share price of Nova Ltd. (Nasdaq:NVMI; TASE:NVMI) rose 4.9% on Wall Street on Friday after a slight fall on…

Wiz cofounder buys land for Binyamina homes for NIS 28m

Israeli cybersecurity company Wiz cofounder and CTO Ami Luttwak and his wife Ruth have bought three houses on two lots…

Apartments sold and rented

Second-hand apartments sold Tel Aviv and central region Herzliya: A 107 square meter, four-room, fourth floor apartment with a 12…

Cabinet approves Treasury budget chief, accountant general

Israel’s cabinet today approved Minister of Finance Bezalel Smotrich’s two appointments for top positions in the Ministry of Finance: Maharan…