Economics

Latest Economics News

EU recommends suspending Israel free trade agreement

The European Commission today announced that it is recommending imposing sanctions on extreme Israeli ministers, suspending the free trade agreement…

Travel booking co Navan to file for Wall Street IPO

US-based travel booking company Navan will file a Form S-1 to the US Securities and Exchange Commission for an IPO…

Iron Beam completes trials ahead of delivery to IDF

Israel's Ministry of Defense and Rafael Advanced Defense Systems, the lead contractor in the Iron Beam laser air defense system,…

Aaron Frenkel increases Tamar Petroleum stake

Israeli businessman Aaron Frenkel has increased his stake in Tamar offshore gas field partner Tamar Petroleum (TASE: TMRP), sources have…

Tech unemployment up, job vacancies down — study

Israel's tech sector, which is the main engine of the economy, is facing a particularly challenging period, according to a…

Roche to buy 89bio for up to $3.5b

Clinical stage biopharmaceutical company 89bio (Nasdaq: ETNB) has announced that it has entered an agreement to be acquired by Roche…

Office towers outside Tel Aviv struggle to find tenants

One office tower on the outskirts of Tel Aviv in the northern business district of Bnei Brak, reflects the current…

Discount Bank to sell control of ICC-CAL to Horesh, Harel

The board of directors of Israel Discount Bank (TASE: DSCT) last night reached agreement with George Horesh's Union Investments and…