Economics

Latest Economics News

Psagot to represent BlackRock’s TASE iShare funds

Psagot Investment House has been appointed to serve as the operational representative of the foreign funds in Israel of investment…

Fund buys control of car parts co M PInes for NIS 500m

The vehicle parts market continues to arouse interest on the capital market. Private equity firm Israel Legacy Partners has announced…

Israeli weather satellite co Tomorrow.io raises $175m

Israeli weather satellite company Tomorrow.io today announced the completion of a $175 million financing round led by Stonecourt Capital and…

Tax Authority combats fake invoices linked to identity theft

Following the Israel Tax Authority’s success in fighting fictitious invoices, criminal organizations have switched to identity theft to plant huge…

Amdocs appoints Shimie Hortig as CEO

Israeli software and services provider for telecom and media Amdocs (Nasdaq: DOX) has announced that CEO Shuky Sheffer has decided…

Plus500 hits new peak after entering prediction market

Israeli online trading platform Plus500 (LSE: PLUS) is trading at an all-time high in London. The share price is 6%…

Medtronic to buy Israeli diagnostics co CathWorks

Global medical device giant Medtronic plc (NYSE:MDT) today announced that it will exercise its option to acquire Israeli diagnostics company…

Israeli startup Orion Security raises $32m

Israeli AI-driven contextual data security Orion Security today announced that it has completed a $32 million Series A financing round…

Foreign residents buy Savion home for NIS 17.5m

A 450 square meter villa in Savion has been sold for NIS 17.5 million. The property includes a seven-room, 400…

Solar energy boom gains momentum as huge projects progress

Major steps were taken yesterday as two huge solar energy projects moved forward towards the production stage. In Israel, Rapac…