Economics

Latest Economics News

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…

Zendesk acquires Israeli co Unleash

US software company Zendesk is opening a development center in Israel through the acquisition of a small artificial intelligence company…

B Communications distributing NIS 2.8b to shareholders

Holding company B Communications (TASE: BCOM), formerly the controlling shareholder in Bezeq (TASE: BEZQ) is going into liquidation, and its…

As the shekel appreciates, when might the BoI intervene?

The shekel is very close to a four-year peak against the US dollar. Today’s representative exchange rate was set at…

Jensen Huang: Israel has become Nvidia’s second home

Nvidia has confirmed "Globes" report that it has chosen the Israel Land Authority (ILA) area in Kiryat Tivon to build…

Prime minister approves gas exports to Egypt

The $35 billion deal for the export of gas to Egypt is officially underway. Prime Minister Benjamin Netanyahu has confirmed…

Nvidia in talks with Mega Or to build huge data center

Mega Or Holdings (TASE: MGOR) data centers unit Mega DC is in talks with US chip giant Nvidia to build…

Job vacancies in Israel hit three-year high

The number of job vacancies in the Israeli economy continued to rise in November 2025, hitting a three year high,…

Compugen restructures AstraZeneca deal to boost cash coffers

Israeli drug discovery and development company Compugen (Nasdaq: CGEN; TASE: CGEN) today announced changes in its commercialization deal with AstraZeneca.…