Economics
Latest Economics News
WSC Sports to lay off over 60 employees
Israeli video technology company WSC Sports is laying off 10% of its workforce of an estimated 680 employees. The company,…
Sharp jump in mortgage taking by foreign residents
In June 2026 foreign residents took out mortgages totaling NIS 686 million, the Bank of Israel reports, up from NIS…
Tax Authority employees arrested in bribery affair
A serious corruption affair was revealed this morning at the Israel Taxation Authority. At the end of a covert investigation…
Neo Security raises $100m to secure AI agents
Israeli-US agentic software control company Neo Security today emerged from stealth with $100 million in funding from Andreessen Horowitz and…
Israeli institutions invest $1b in data centers co EdgeConneX
Israeli institutional investors have invested about $1.03 billion in US data centers provider EdgeConneX, "Globes" has learned. This represents about…
Isracard cancels acquisition of Nir Zuk’s Esh Bank
Six months after signing a memorandum of understanding (MOU) to acquire Israeli digital bank Esh, credit card company Isracard (ISCD)…
Apartments sold and rented
Second-hand apartments sold Tel Aviv and central region Tel Aviv: A 85 square meter, 3.5-room house with 240 square meters…
Keystone signals intent to buy Shikun & Binui Energy
Infrastructure investment fund Keystone Infra (TASE: KSTN), headed by Navot Bar, has signaled to Shikun & Binui (TASE: SKBN) its…
Knesset passes broadcasting reform
Minister of Communications Shlomo Karhi’s reform of the media market passed second and third readings in the Knesset this evening.…
Findings eyes TASE listing after $305m exit collapses
Israeli cybersecurity company Findings signed a memorandum of understanding last August to be acquired by UK compliance solutions company Diginex…
