Economics
Latest Economics News
Average wage in Israel up 4.6% in November
The average wage for Israeli workers in November 2025 was NIS 13,587, according to initial estimates by the Central Bureau…
Delek Israel eyes Hot Mobile acquisition
Delek Israel, controlled by Lahav L.R. Real Estate (TASE: LAHV) and Uri Mantzur, is interested in buying Hot Mobile. Delek…
Acro wins tender for historic Tel Aviv power station site
Kvutzat Acro (TASE: ACRO) has won a tender by the Israel Land Authority and Israel Electric Corporations (IEC)to build a…
Israel sees Maduro capture as message to Iran as well
The assessment in Israel is that the capture of Venezuelan president Nicolas Maduro by US forces will have a restraining…
Israeli startups raised $1.5b in December
Israeli startups raised $1.5 billion in December 2025, according to reports and press releases seen by "Globes." The figure may…
Tax Authority hands NewMed $198m tax bill
Israeli oil and gas exploration partnership NewMed Energy (TASE: NWMD), the biggest partner in the Leviathan natural gas reservoir, is…
Swiss Re winding down Israel activities
Global reinsurance giant Swiss Re has decided to significantly reduce its activities in Israel. After doing this in the pension…
Kinneret still below bottom red line despite heavy rains
The Kinneret (Sea of Galilee) has ended 2025 below the bottom red line despite heavier than average annual rainfall so…
3 Israeli cos sign renewable energy deals worth NIS 4.5b
On the final day of 2025, three Israeli renewable energy companies signed deals worth a combined NIS 4.5 billion. OY…
India to procure 1,000 Rafael SPICE air-to-surface missiles
India’s Defense Acquisition Council (DAC), headed by Minister of Defense Rajnath Singh, yesterday approved extensive procurement for an overall $8.7…
