Economics

Latest Economics News

Regev pushes to appoint crony as Israel Railways chair

Several days before the dissolution of the Knesset, Minister of Transport Miri Regev is pushing for the appointment of Avner…

Urban renewal plan includes Haifa's tallest building

A sub-committee of the Haifa Local Planning and Building Committee and the city engineer architect Orit Mertz recently approved an…

“Globes” poll of polls: Eisenkot closes gap on Likud

Israel is going to elections, and "Globes" is following the campaign through the latest polls from the leading media outlets…

Institutional investors weakening shekel

The hedging activities of Israel’s institutional investors is the main factor driving the recent depreciation of the shekel but the…

Land contamination threatens thousands of new homes

In addition to Sde Dov, potentially contaminated sites include Herzliya Airport, the Sirkin IDF base in Petah Tikva, and the…

Vietnam defies Eurosatory ban to meet Israeli defense cos

Despite the ban imposed by France’s President Emmanuel Macron on an Israel national pavilion and restricting the products that Israeli…

After a challenging start, Carrefour looks to flotation

After some challenging years since setting up in Israel, this year, Carrefour, the French supermarket chain for which Electra Consumer…

MyHeritage to lay off 15% of workforce

Israeli online genealogy company MyHeritage is laying off dozens of employees. "Globes" has learned that about 15% of the company’s…

Rami Levy's Cando Drones completes TASE IPO

Cando Drones (TASE: CNDO), controlled by Rami Levy Chain Stores Hashikma Marketing 2006 (TASE: RMLI) with a 30.5% stake, has…

Assaf Rappaport buys Israeli social media group

Merit Spread Fund, through which Wiz cofounder and CEO Assaf Rappaport acquired Channel 13, has now acquired 60% of Z…