Economics

Latest Economics News

Wiz CEO buys Rishpon plot for NIS 40m

Israeli cybersecurity company cofounder and CEO Assaf Rappaport has purchased a plot of land on Moshav Rishpon for NIS 40…

Blavatnik picks Patrick Drahi as partner in Reshet 13

Len Blavatnik’s Access announced officially this morning that the offer to buy IsraeIi television channel Reshet 13 by Patrick Drahi,…

Tower jumps on Nvidia silicon photonics deal

The share price of Israeli chipmaker Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) rose 14.6% on Thursday and Friday on Wall…

Apartments sold and rented

Second-hand apartments sold Tel Aviv and central region Tel Aviv: A 75 square meter, three-room, second floor apartment on Graetz…

Vast Data $1b raise to be mainly a secondary offering

The much talked about financing round by Israeli data storage management solutions company VAST Data, which is currently in its…

Israel’s forex reserves hit new record in January

Israel’s foreign exchange reserves at the end of January 2026 rose to a record $233.044 billion, an increase of $3.539…

SSI exec leaves to found AI startup in Tel Aviv

Another senior executive has left the Tel Aviv development center of Safe Superintelligence (SSI), the company set up by former…

Fox to open Dyson store, distribute products in Israel

Fox-Wizel (TASE: FOX) announced today that it has signed an agreement with Dyson Technology Ltd. and Dyson Technology B.V. to…

Lowental Hybrid engines to extend missions of Elbit drones

Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) has chosen Israeli defense-tech startup Lowental Hybrid to supply electrical-hybrid motors that are suitable…

Sde Dov land contamination discovery could delay construction

The Ministry for Environmental protection and Israel Land Authority announced today that recent tests conducted in Tel Aviv’s Sde Dov…