Economics

Latest Economics News

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…

IAI, Rafael withhold gov’t dividend to cover Defense Ministry debt

The Ministry of Defense debts to Israeli defense manufacturers recently exceeded the NIS 10 billion threshold and in response, "Globes"…

Robel Innovation launches counter drone system

Robel Innovation, which specializes in the development of defense solutions and advanced protection and homeland security technologies, has launched Black…

US, Indian companies bid for Metro tenders

The prequalification stage for the Tel Aviv Metropolitan region Metro tenders has ended and NTA Metropolitan Mass Transit has published…

Tax Authority crypto voluntary disclosure disappoints

Last August the Israel Tax Authority published its latest voluntary disclosure procedure, which grants immunity from criminal proceedings for those…

Israeli observability co Coralogix raises $200m

Israeli data and AI platform for observability Coralogix today announced the completion of a $200 million in Series F financing…

Arkia to launch Tel Aviv — Tokyo flights

Arkia has announced that it will launch Tel Aviv - Tokyo flights from October 25. To date Israelis wishing to…

ZutaCore raises $100m for cooling data centers

Israeli waterless liquid cooling company ZutaCore, based in Sderot, has announced the completion of a $100 million Series C financing…