Economics

Latest Economics News

SNC: Israeli tech cos raised $15.6b in 2025

Estimated private funding raised by Israeli tech companies in 2025 has reached $15.6 billion, signaling a decisive rebound after two…

Shekel at 4-year strongest against US dollar

The shekel is gaining in afternoon inter-bank trading against the US dollar and is trading at levels not seen since…

Smotrich doubles VAT exemption on personal imports

Minister of Finance Bezalel Smotrich has signed an order that will increase the exemption from VAT and customs duties on…

ServiceNow buys Israeli cybersecurity co Armis for $7.75b

US enterprise software company ServiceNow (NYSE: NOW) announced today that it is acquiring Israeli cybersecurity company Armis for $7.75 billion…

Home purchase cancellations on the rise

The special offers by developers that have become very common in the residential real estate market in the past three…

Amid Altice turmoil i24NEWS has uncertain future

Eighteen months ago, i24NEWS chairman Frank Malul told "Globes" that the newly established Hebrew channel would become "a genuine player…

Wizz Air plans Tel Aviv, Eilat bases from March

Following understandings reached between Wizz Air and the Israeli authorities about the establishment of two bases in Israel (at Ben…

Israeli tourism to Japan jumps sharply

The weakening of the yen against the shekel has made prices in Japan very attractive for Israelis observes Eshet Tours…

Mental health treatment co Syremis Therapeutics raises $165m

Israeli biopharmaceutical company Syremis Therapeutics, which is developing medicines for mental health conditions, has announced the completion of a $165…

Haifa seafront penthouse fetches NIS 6.2m

A 117 square meter, four-room, fourth and fifth floor penthouse apartment with a 35 square meter balcony in a new…