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24/7
Headlines
18:17
Why Israeli tech companies are moving to Miami
17:11
Mediaocean acquires Innovid for $500M, delisting it from the NYSE
16:48
Full list of Israeli startup M&As in 2024
16:46
Wiz acquires Dazz for $450 million to strengthen AI-driven cloud security
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1
Cyera doubles valuation to $3B with $300M Series D, total funding hits $600M in seven months
2
Claroty veterans launch Twine with $12M in Seed funding from Dell and Wiz founders to deploy AI cyber workers
3
Salesforce seals $1.9 billion cash deal to acquire cloud backup company Own
4
Wiz acquires Dazz for $450 million to strengthen AI-driven cloud security
5
Prompt Security raises $18 million Series A to protect enterprises from GenAI risks
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Israeli Economy
20 stories about Israeli Economy
Izhar Shay: “They came to destroy, and we are here to build”
13.02.24
|
Ariela Karmel
The former Minister of Science & Technology and veteran tech investor spoke to CTech ahead of Calcalist’s upcoming Mind the Tech conference in New York about his ‘Next October’ initiative, inspired by the death of his son, Yaron, and the other victims of 7/10
What’s behind the strengthening of the shekel?
31.01.24
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Shlomo Teitelbaum
A review published by the Chief Economist at the Ministry of Finance does not provide clear explanations for the strengthening of the shekel. Moreover, the review shows that the Treasury estimated that at this stage the value of the shekel would be lower. For answers one must read between the lines
Israeli Treasury estimates deficit will deepen and stand at 4% at year’s end
10.12.23
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Shlomo Teitelbaum
According to the Accountant General, at the end of November the deficit in the past 12 months stood at about 3.4% of GDP, which is about NIS 62.3 billion, after an increase of 0.8% within a month - mainly due to the war. Tax revenues decreased by about 16.5%
Moody's: Israel's rating may drop if Hamas war escalates
21.11.23
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Irit Avissar
The credit rating agency, which last month placed Israel on "negative watch", published the full report, noting that apart from the development of the war, the rating will also be affected by the government's conduct in navigating the economy during this period.
Economy of war: Bank of Israel expected to lower interest rates by 0.5%
17.10.23
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Adrian Filut
The central bank is already formulating possible scenarios for the economic consequences of the war. According to the least pessimistic scenario, the Israeli economy will suffer a loss of domestic product of approximately $5 billion
Moody's upcoming assessment of Israel's economy thrown into turmoil with outbreak of war
08.10.23
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Adrian Filut
Ahead of Moody's meeting this week to determine Israel's credit rating, it is still difficult to estimate the damage caused by the war, but it is clear that it will worsen the economic situation
Finance Ministry: 60% drop in foreign investments in Israel in Q1 2023
06.09.23
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Shlomo Teitelbaum
According to a Finance Ministry report, the average value of exit transactions in the first quarter of 2023 has decreased by about 80%
Fiverr CEO: "We are witnessing the worst value destruction in Israel's history"
05.04.23
|
Sophie Shulman
"Can you even understand how it feels to know that in two months we have destroyed 30 years of work?” says Fiverr CEO Micha Kaufman
Israel faces threat of yet another round of elections over budget disputes
21.10.20
|
Reuters
Rating agencies have cautioned that further budget delays would raise concerns about Israel’s ability to implement prudent fiscal policies and could affect credit ratings
Back to Normal: Tech First, Culture Last
12.04.20
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Omri Milman
Sectors with high productivity and employment, such as tech, commerce, and industry, will be the first to resume work, according to a new government report on Israel's Covid-19 exit strategy
Israeli Prime Minister Could Be Exposed to Covid-19 After Adviser Tests Positive for Disease
30.03.20
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Shahar Ilan and Adrian Filut
Confirmed cases of coronavirus in Israel reached 4,347 on Monday morning; unemployment rate in the country at 22.7%
The Majority of Israel’s Newly Unemployed: Women, People Under 35
23.03.20
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Shahar Ilan
Nearly 600,000 Israelis have signed up for unemployment since the beginning of the month
Israel’s Finance Ministry, Central Bank Warn Against Financial Disaster
12.01.20
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Gad Lior
Israel’s political stagnation could steer the country towards mounting deficit, hurt social services and other essential government functions
Israel's Economy Up 3.3% in 2019, Report Says
01.01.20
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Billy Frenkel
Private consumption grew by 3.9%, while public expenditure rose by 4.1%, according to a Tuesday report by Israel's Central Bureau of Statistics
Israeli Gender Wage Gap Widened in 2018, Report Says
09.12.19
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Billy Frenkel
Israeli women earned on average 31.6% less than their male counterparts in 2018, according to Israel's Central Bureau of Statistics
In Israel, Millionaires are the New Normal
07.06.19
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Sophie Shulman
With the estimated personal wealth in Israel going up by 45% in the last decade, Israelis are now a premier target for global wealth management bankers
Rise in Number of Israeli Startups Slowing Down
23.05.18
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Amarelle Wenkert
396 Israeli startups shut down in 2016, the highest number in six years, according to a new report
Services Expected to Catch up with Goods in Share of Overall Exports from Israel
26.01.18
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Adrian Filut
Revenues from Israeli services export have doubled in the past five years, from a monthly average of $2 billion to $4 billion, according to a new report by the Israeli governmental bureau of statistics
Tech Companies Will Lead the Israeli Economy Within a Decade, Says Israeli Venture Capitalist Chemi Peres
10.12.17
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Omri Milman
Mr. Peres is a co-founding partner at Israeli venture capital firm Pitango and the son of Late Israeli President Shimon Peres
How Israel’s Venture Capital Industry was Born
06.11.17
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Shimon Peres
An excerpt from Shimon Peres' Autobiography No Room For Small Dreams
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