Economics

Latest Economics News

Israeli quantum computing co Classiq raises $40m

Israeli quantum computing software company Classiq today announced a strategic up-round of tens of millions of dollars with participation from…

AWS to double data center capacity in Israel

Amazon Web Services has leased land near Netanya, on which it can build a 60,000 square meter data center.Read the…

Canadian fund Awz to invest NIS 5b in Ashkelon chip plant

For the first time since Intel's decision to build a fab in Kiryat Gat some 20 years ago, a new…

Wonder Robotics to unveil innovative assault drone

Israeli autonomous drone company Wonder Robotics will launch its new assault drone, the Prodigy, at the UVID Dronetech exhibition, which…

Israeli gov’t proposes restrictions on holding cash

Much research shows a close connection between the use and possession of cash and crime. The studies also find that…

Caesarstone closes plant in northern Israel, lays off 200

Israeli company Caesarstone (Nasdaq: CSTE), which manufactures quartz and porcelain surfaces for kitchen countertops, bathrooms and interior design, has been…

Greece in talks to procure Israeli air defense systems

Concerned about Turkey, Greece is speeding up negotiations to buy air defense systems from Israel Aerospace and Rafael for €3…

Emigration from Israel rising sharply

The number of Israelis leaving the country has jumped even after taking into account that many immigrants from Russia and…

Amendment 13 is gamechanger on data security enforcement

During a recent privacy and data-security conference in Israel, industry leaders explored the implications of Amendment 13 to Israel’s Privacy…

FIMI raising $1.5b eighth fund

Private equity firm FIMI Opportunity Funds is raising an eighth fund, its largest so far. The firm aims to raise…