Economics

Latest Economics News

S&P upgrades Israel's rating outlook

International credit rating agency announced on Friday that it was raising its rating outlook for Israel to "Stable". The rating…

India in talks to produce Israeli Lora, Ice Breaker missiles

Ministry of Defense director general Gen. (res.) Amir Baram last week signed a memorandum of understanding (MoU) with his Indian…

Treasury drops EV travel tax

As first reported by "Globes", the travel tax on electric vehicles will not be imposed in 2026, and will probably…

Arkin group digital health arm raises $40m second fund

A-Squared Ventures (formerly Arkin Digital Health), headed by Nadav Shimoni, is raising a $40 million second fund. Among the investors…

Israeli co VAST Data wins $1.17b contract with CoreWeave

Israeli company VAST Data, which operates from a development canter in the Expo Tel Aviv - International Convention Center and…

ICL plunges on Dead Sea minerals concession compromise

The Israeli government concession for Dead Sea minerals given to ICL (TASE: ICL: NYSE: ICL) (formerly Israel Chemicals) in 1961…

Smotrich plans 0% income tax for new immigrants

Minister of Finance Bezalel Smotrich and Minister of Aliyah and Integration Ofir Sofer have presented a new initiative in which…

Pitango closes $300m for early-stage, healthcare VC funds

Pitango, one of Israel’s longest established venture capital firms, today announced the closing of $300 million for two early-stage investment…

Philippines struggles to impose Israel arms ban

The Philippines government has declared, following domestic political pressure and Israel's refusal to recognize the boundaries of its economic waters…

Short-haul fares lower, long-haul fares higher

November marks the start of the winter season in Israel’s travel industry, and with it this year, after the ceasefire…