Israeli Tech Sees Strongest Six-Month Period in 3 Years
There were 60 first-time acquisitions, the most since the first half of 2022. Despite the ongoing regional conflict, global investors continued to dominate with a share of 62 percent.
Shekel Hits 30-Month Strong Point Against US Dollar
A strong shekel is an indication of a strong economy and could lead to a drop in the interest rate, albeit perhaps not immediately.
Norwegian Fertilizer Giant Warns Mideast Wars Could Trigger Peat Shortages, Surge in Food Prices
Fertilizer Prices ‘Extremely Volatile’ in Recent Weeks, Says Yara CEO.
Ogen Launches $30 Million Aid for Victims of Iranian Missile Strikes
Just hours after Iranian missiles struck Tamra, Ogen set up an operations hub to deliver immediate financial support to Arab-Israeli families in the city.
French Court Declines to Stop Macron from Blocking Israeli Pavilions at Paris Air Show
“Despite the French attempt to harm us, visitors, including heads of state and military leaders from around the world, flocked to the Israeli industry pavilions."
Smotrich Strikes Back: Ends Bank Protections for Transfers to Palestinian Authority
"Britain once tried to stop us from settling the very cradle of our homeland, and we will not let it happen again."
Smotrich Warns Israeli Banks Against Judea and Samaria Sanctions
The finance minister said he would promote legislation that imposes high compensation on banks whose clients are harmed as a result of their actions.
Israel’s Defense Industry Sets New Sales Record for Fourth Consecutive Year: $14.8 Billion
“In a challenging and complex year of war, Israel has set a new all-time record in defense exports."
Stanley Fischer, Ex-Bank of Israel Chief Who Saved the Economy in 2008, Dead at...
He was a “leader in whom the Israeli public had absolute trust” who “stood amid all the financial and leadership chaos like a fortress of stability, logic, level-headed judgment and international reputation.”
EL AL Airlines to Drop Tel Aviv-Ft. Lauderdale Route
The airline plans to operate seven flights per week on the Tel Aviv-Miami route. There will be no flights on Shabbat.
20 Israeli Defense Firms Showcase New Tech at DSEI Japan 2025
Brig. Gen. (Res.) Yair Kulas, Head of SIBAT and head of the Delegation noted there is growing global interest in Israeli defense technologies.
Nvidia Deepens Israel Investment with Major Tel Aviv Expansion
Tech Giant Leases 10 More Floors in Rubinstein Towers, Cementing Tel Aviv as Key Hub
Stocks Trade Lower After Moody’s Downgrades US Credit Rating
Nevertheless, Moody’s praised the Federal Reserve for its conservative management of the country’s interest rate.
ADL Calls on Google Shareholders to Oppose Anti-Israel Resolution
On April 17, 2024, Google terminated 28 employees who participated in a 10-hour sit-in to protest the company’s business ties with the Israeli government.
Germany Plans Purchase of Arrow 4 Aerial Defense System Under Development
Berlin purchased the Arrow 3 system about two years ago in a deal worth an estimated 4 billion euros – the largest arms deal in Israel’s history.
Fed Leaves Interest Rate Unchanged Despite White House Pressure
"The Committee is attentive to the risks to both sides of its dual mandate and judges that the risks of higher unemployment and higher inflation have risen."
25 Israeli Defense Firms Exhibit Next-Generation Defense Systems in Greece
Nine of the Israeli defense companies taking part in the delegation are exhibiting at the SIBAT national pavilion; 16 others are exhibiting independently.
Finance Ministry Warns: Natural Gas Reserves Depleting Due to Exports
"The growth rate of renewable energy is still too slow to meet national targets, and infrastructure for storage and import of natural gas has yet to be established.”
MrBeast Goes Kosher
OU certifies chocolate bars under MrBeast Feastables brand.
El Al Profits Soared in 2024 Due to War
El Al, Israel’s national carrier, posted a record net profit of $545 million in 2024.
Israel-Raised Pioneer’s Safe Superintelligence Startup Raises $2b
Ilya Sutskever’s new venture operates with extreme secrecy from offices in Silicon Valley and Tel Aviv.
Azerbaijan, Israel Ink Deal for Gas Exploration
Under the agreement, the Azerbaijan State Oil Company (SOCAR) will team with British Petroleum (BP) and NewMed Energy, run by Yitzhak Tshuva (NWMD), to search Block I.
Israel Approves $1 Billion Development Plan for Druze, Circassian Communities
“This is an unprecedented plan that will catapult Druze society forward,” Netanyahu said of the largest economic initiative proposed for those communities.
Bank of Israel Holds Interest Rate at 4.5%
Since the previous interest rate decision, the shekel has appreciated by 1.9 percent against the US dollar.
2024 Israeli Economy Growth Exceeded Expectations
According to the Bank of Israel, the economy is recovering at a moderate pace.
Trump Unveils Historic Trade Corridor Linking India, Israel, Italy, US
"It's a big development. It's a lot of money going to be spent and we've already spent some, but we're going to spending a lot more."
Trump Backs Biden’s AI Chip Restrictions Against Israel
Israel's Defense Ministry is preparing for the impact of the new restrictions.
Israel Invests $28 Million in Researching Next-Gen Sustainable Aviation Fuel
This fuel will be derived from renewable sources, including used cooking oil, solid organic waste, synthetic gas, residues from the wood and paper industries, and recycled plastics.
Israel’s Average Annual Income Reaches Unprecedented High at $48,166.52
Another key factor behind the sharp rise in tax collections for January is the VAT rate increase from 17% to 18% beginning January 1.
Report: Morocco Buy Artillery from Israel Instead of France
Technical failures convinced Rabat to switch from government-owned KNDS France to Elbit's ATMOS 2000 system.
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