Economics

Latest Economics News

US House votes down bill to end Israel aid

The US House of Representatives rejected a bill last night that would have cut off US aid to Israel. The…

Shapir wins Road 6 northern extension tender

Shapir Engineering and Industries (TASE: SPEN) was today declared the winner of the Road 6 northern extension tender by the…

NeuroAI diagnostic co Hemispheric raises $52m

Israeli NeuroAI company Hemispheric has emerged from stealth and announced the completion of a $52 million financing round. After six…

US chipmaker in advanced talks to buy Hailo

A Nasdaq traded US chipmaker is in advanced talks to acquire the activity of Israeli edge AI chipmaker Hailo, sources…

High Court suspends law banning arrests of haredi draft dodgers

Israel’s High Court today issued a temporary injunction suspending the law enacted by the Knesset plenum yesterday to cancel the…

Intel, Tower expanding in Ireland, Japan - just not in Israel

Semiconductor manufacturers Tower Semiconductor (TASE: RSEM; Nasdaq: TSEM) and Intel Corporation (Nasdaq: INTC), which have production facilities in Israel, have…

Rafa offer for sale nets FIMI NIS 500m

Pharmaceuticals company Rafa Laboratories completed its raise via an offer for sale yesterday, and reported the results last night. Private…

Tower Semiconductor set for major expansion in Japan

Tower Semiconductor (TASE: TSEM; Nasdaq: TSEM) has announced a program of strategic expansion of its factory in Japan, and has…

Pelephone signs MOU for acquisition of Wecom

The Bezeq group has announced that its Pelephone mobile telephony unit has signed a non-binding memorandum of understanding to buy…

Rappaport vies with Tshuva for Herzliya hospital

Assaf Rappaport and the other Wiz founders seek to buy 25% of Herzliya Medical Center at a NIS 1 billion…