Economics
Latest Economics News
AI forces Israeli unicorn BigID to lay off 150
Israeli unicorn BigID, which received a valuation of $1 billion two years ago, has joined the wave of tech companies…
Elbit Systems jumps as orders backlog exceeds $30b
Elbit Systems (TASE: ESLT; Nasdaq: ESLT) released its first quarter results this morning, beating the analysts’ consensus on both revenue…
Foreign residents buy Rehavia home for NIS 9.3m
A 177 square meter apartment at 30 Gaza Street in Jerusalem’s Rehavia neighborhood has been sold for NIS 9.3 million.…
Waze still leading drivers astray in north
That familiar disorientating experience since the start of the war is still here when using the Waze GPS road navigation…
Golan Druze adoption of Israeli citizenship surges
More than a third of the Druze living on the Golan Heights have already taken Israeli citizenship, most of them…
Buying a home becoming further out of reach for Israelis
The Bank of Israel is due to announce its latest interest rate decision this afternoon. The market estimates a 60%…
Strong shekel pushes companies overseas
Over the years, many Israeli companies have transferred part of their activities overseas, in order to save costs or to…
IAI signs $1b air defense deal with Israel’s Defense Ministry
Israel Aerospace Industries (IAI) last week announced that it had signed an agreement to sell air defense systems to Israel’s…
Veeva buys Israeli clinical trial data streaming co Yonalink
US cloud software systems provider for the life sciences industry Veeva Systems (NYSE: VEEV), which has a market cap of…
Business credit database approved
Knesset Economic Affairs Committee chairperson MK David Bitan was left a lone figure at the head of the committee room…
