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Here’s how gaming brands can reach wider audiences: “Never make assumptions!”

Israel’s gaming sector is 2% of its GDP - so why is the government ignoring it?

“Israelis are trained in working and managing their businesses under extreme conditions”

TechAir flights from Israel to New York take off January 21

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Have missiles from the Iranian-backed Houthis discovered a loophole in Israeli air defenses?

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Kaltura CEO: "Just like a missile hit our office, a missile hit us with the IPO"

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Windward acquired for $270M by FTV Capital, doubling its IPO valuation

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$41B in exits: Why Israeli cyber startups are a global powerhouse

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8 Israeli cyber companies travel to the UK for collaboration opportunities

Economy

20 stories about Economy

Michal Sela Forum

“How much did my sister’s murder cost?” $2.2 million, says report on economic cost of femicide

01.12.24|Ariela Karmel

A groundbreaking report commissioned by the Michal Sela Forum and conducted by Social Finance Israel reveals that intimate partner violence and femicide cost the Israeli economy approximately NIS 34 billion ($9.35B), with NIS 8.2 million ($2.2 million) per murdered woman. Forum CEO Lili Ben-Ami, whose sister Michal Sela was murdered by her husband, says that prioritizing preventative solutions would save lives and cut public costs.

שכונת סילואן ב מזרח ירושלים

"I want to build more bridges between Palestinians and Israelis": Creating a Palestinian tech hub in East Jerusalem

10.11.24|Ariela Karmel

The ongoing multi-front war has placed great strain on East Jerusalem’s nascent tech sector as well as ties between the Israeli and Palestinian tech industries. With the Palestinian economy facing potential collapse, the stakes for the industry have never been higher.

שער בגין תל אביב הפגנה מפגינים מפגינות מחאה מוחים מוחות חטופים חטופות

2024: A year marked by government incompetence and the strong resilience of Israeli citizens

02.10.24|Elihay Vidal

As is customary at the beginning of each Jewish year, Calcalist reporters summarize the past year and identify the individuals, figures, and phenomena that have had the most significant impact on Israeli society and the economy.

כוחות צה"ל ב טול כרם 3.9.24

West Bank economy faces severe setback amid ongoing Gaza conflict

05.09.24|Doron Peskin

The restrictions imposed by Israel on the Palestinian Authority since the beginning of the war in Gaza have contributed to the growing economic distress in the PA.

Israeli economy ekes out 1.2% growth in Q2 as Gaza war rages on

18.08.24|Reuters

Over the first half of 2024, Israel's economy grew 2.5% at an annual rate versus 4.5% in the same period in 2023

שירה גרינברג כלכלנית ראשית ב משרד אוצר 6.5.20

"Economically irresponsible policy could lead to the emigration of strong populations and a spiral of collapse"

09.07.24|Adrian Filut

The former Chief Economist of the Ministry of Finance, Shira Greenberg, says that unless steps are taken for different sectors of Israeli society to share in the national security and economic burden, "it will mean severe long-term economic damage."

חסות מדיה חברת המילטון ליין אמיר ירון נגיד בנק ישראל

Bank of Israel: “Israel has a good record in terms of coming out of military events”

22.05.24|James Spiro

Professor Amir Yaron made the remarks during his Keynote Speech at the Hamilton Lane Annual Investor Event in Israel

אמיר ירון נגיד בנק ישראל

Bank of Israel Governor: "There’s an economic price for the changing sentiment in the world towards Israel"

15.04.24| Shlomo Teitelbaum, Adrian Filut

Prof. Amir Yaron estimates that the Israeli economy will recover from the war relatively quickly, but emphasizes the need for investments in infrastructure and human capital, and does not rule out raising taxes to strengthen the economy. According to him, a necessary condition for long-term growth is the integration of the ultra-Orthodox into the labor market

“Lack of investment and difficulty in long-term planning means high-tech companies will continue to lay off”

28.01.24|Maayan Manela

The global wave of high-tech layoffs has already reached thousands of workers in Israel, and those who have been laid off are having trouble finding a new job, especially amid Israel’s ongoing war with Hamas.

כנס פיננסים - פאנל נדל"ן מימין שמעון אבודרהם מנכ"ל אמות צבי שיף שותף וראש אשכול פיננסים BDO רון אבידן מנכ"ל אזורים ו נטע-לי בינשטוק כלכליסט וידאו

"The decline in construction will lead to a supply crisis as early as 2024"

25.01.24|Maayan Manela

Ron Avidan, CEO of Azorim Properties, spoke during a real estate panel at Calcalist’s Economy of Tomorrow event along with Zvi Shif, Partner and Head of the Financial Cluster at BDO, about how the labor supply shortage will lead to an increase in real estate prices

כנס פיננסים - יאיר קפלן מנכל בנק ירושלים וידאו

Bank of Jerusalem CEO on the real estate market: "Vulnerable entrepreneurs will go bankrupt"

25.01.24|Shaked Garin

Yair Kaplan spoke at Calcalist, the Bank of Jerusalem, and BDO’s Economy of Tomorrow event about the future of the real estate market, saying that “the government must act preemptively and activate the Housing Cabinet.”

ועידת תחזיות - דב קוטלר מנכ"ל בנק הפועלים

Bank Hapoalim CEO Dov Kotler's perspective on economic changes post-October 7

28.12.23|Shaked Green

Kotler emphasized the need for a revised economic strategy post-crisis when speaking at Calcalist's Forecasts Conference, held in cooperation with Bank Hapoalim and the Phoenix Group

ועידת תחזיות - פרופ ליאו ליידרמן היועץ הכלכלי הראשי בנק הפועלים

Bank Hapoalim Chief Economic Advisor: "Not all policymakers have internalized the great risk of a slowdown in 2024"

28.12.23|Irit Avisar

"Without making fiscal adjustments, there is a high risk that the deficit will reach 6% of GDP," Bank Hapoalim's Chief Economic Advisor Prof. Leo Leiderman said at Calcalist's Forecasts Conference

מלחמת עזה הרמטכ"ל הרצי הלוי עם כוחות צה"ל בתוך רצועת עזה 23.11.23

Funding the rising cost of Israel's defense expenses won't be easy

13.12.23|Adrian Filut

The war in Gaza is expected to increase defense spending on a regular basis by about 0.5%-1% of GDP, which will require the state to find budgetary sources. The treasury has several ways to finance the increase, including increasing the deficit and the debt, a dangerous option that may actually be preferred by the government that will not rush to cut civil spending or raise taxes

ראש הממשלה בנימין נתניהו ושר האוצר בצלאל סמוטריץ

OECD report: lowers Israeli growth forecast, warns government to 're-prioritize' budget

30.11.23|Adrian Filut

The OECD’s Global Economic Outlook report has cut its growth forecast for Israel in 2024 by more than half, and sent a sharp message to the government about using the budget to fund the ultra-Orthodox sector and coalition interests.

יו"ר הרשות הפלסטינית מחמוד עבאס אבו מאזן

A dangerous disengagement: the PA has no economic alternative to the Israeli market

05.11.23|Doron Peskin

The economy in the West Bank is almost entirely dependent on Israel, from Israeli transfers of funds to 150,000 Palestinians employed in Israel.

מייסד מובילאיי פרופ' אמנון שעשוע ומייסד צ'ק פוינט גיל שויד

Will Israeli tech save the Israeli economy?

02.11.23|Sophie Shulman

There are many reasons to be optimistic about the resiliency of Israel’s tech sector right now, however the prolongation of the war could discourage investors and drive away multinational companies

שבוע החדשנות תומר סיימון

“Israeli high-tech is in danger, we could revert to being a third world economy”

01.11.23|Dr. Tomer Simon

In a letter addressed to National Security Advisor Tzachi Hanegbi, Dr. Tomer Simon expresses his serious concern for the future of high-tech in Israel in light of the war and the extensive recruitment of reserves, and makes practical suggestions. Simon serves as Chief Scientist of Microsoft Israel R&D, but his views presented here were not written in the name of the company nor on its behalf.

Finance Ministry increases budget for Israel Innovation Authority Fast Track channel by 300 million NIS

25.10.23|Meir Orbach

The ministry had already pledged 100 million NIS to the channel aimed to support Israel’s high-tech sector, struggling amid Israel’s war against Hamas

מלחמת עזה קיבוץ בארי 21.10.23

Gaza war will cost Israel economy over $17 billion

24.10.23|Adrian Filut

Meitav Investments House estimates that the costs of the war with Hamas will be double the cost of the Second Lebanon War, compensation for all those affected to reach NIS 17 billion ($4.18 billion), and tax revenue loss of NIS 31 billion ($7.1 billion)