Economics
Latest Economics News
Israel’s fiscal deficit continues to narrow
Israel’s fiscal deficit for the twelve months to the end of May narrowed to 3.75% of GDP, from 3.8% at…
Apartments sold and rented
Second-hand apartments sold Tel Aviv and central region Herzliya: A 90 square meter, four-room, fifth floor apartment with parking on…
Bank Hapoalim locks dollar exchange rate for summer
Bank Hapoalim is locking the shekel-dollar exchange rate at NIS 2.89/$ for the summer vacation season. The bank has announced…
LivePerson to delist from TASE
SaaS digital messaging and chat company LivePerson (Nasdaq: LPSN; TASE: LPSN) has announced that it is delisting from the Tel…
Bank of Israel buys foreign currency to weaken shekel
The Bank of Israel has reported that it purchased $801 million in foreign currency in May. This followed the sharp…
Israeli retail chains line up to sell cars
The sale of Kia cars by supermarket chain Osher Ad, which scored considerable initial success this week, has spurred moves…
Israeli digital insurer Honeycomb raises $40m
Israeli digital insurer Honeycomb Insurance, which specializes in apartment buildings and condo associations, today announced the completion of a $40…
Layoffs of low-paid workers skew average pay higher
According to initial estimates by the Central Bureau of Statistics, the average monthly gross wage of Israeli workers in April…
Barkat brothers put Meitav up for sale
Meitav Investment House (TASE: MTAV) is for sale. Investment bank JP Morgan has been asked to find a buyer by…
Alpha Tau teams with Tolmar on lucrative prostate cancer deal
Israeli innovative cancer radiation treatment company Alpha Tau Medical (Nasdaq: DRTS) today announced a strategic collaboration agreement with Tolmar International…
