Unilever Freezes Price Hikes in Israel Until Oct. 1

In addition, there will be sales on the company's products in preparation for Purim, Passover and Independence Day, the company said.

Rafah’s Shadow Economy: Profiteering and Corruption in Egypt’s Border Control

Evidence suggests that control of the Rafah crossing has shifted unofficially to Ibrahim al-Arjani, a Bedouin businessman with close ties to prominent figures including Mahmoud al-Sisi, the son of the Egyptian president.

Israeli Economy Contracts by 19.4% in Q4 2023

Despite the war against Hamas, the Bank of Israel expects the economy to grow by 2% in 2024.

Israel Opens Electricity Services to Competition

The competition will cause electricity prices to drop, “saving every family hundreds and even thousands of shekels a year.”

Ohio Buys $30 Million in Israel Bonds

The treasurer described the purchase as “a sound investment.”

Moody’s Downgrades Ratings of 5 Israeli Banks, with ‘Negative’ Outlook

"Social risks for the banks have increased because of the military conflict and the weakened security environment and are also a driver for the negative outlook."

Israeli Startups Raise 32 Percent More in January 2024

The startups raised nearly $500 million last month, as compared to the $340 million raised in the same month one year earlier.

Netanyahu Says Israeli Economy is Strong, Moody’s Downgrade Due to Oct. 7 War

Moody's downgraded Israel's credit rating to A2, which is still five notches above investment grade, but kept the nation's credit outlook at "negative", meaning a further downgrade is possible.

Jewish Organizations Welcome Report on Ending Morningstar’s Anti-Israel Bias

The Jewish group noted that if implemented to their full extent, the expert recommendations will ensure that Morningstar has a superior ESG product.

Japan Ends Ties with Elbit over Gaza War, Cites ICJ Order at The Hague

"We have already suspended new activities related to the MOU, and plan to end the MOU by the end of February," said the CFO of Itochu.

Report: Anti-Zionist Tycoon Eynat Guez Asked Business Insider to Bury a Negative Story Because...

Segal noted that the article was purely business-oriented, but the magazine honored her wish and killed the story.

65,000 Foreigners to Replace PA Arab Construction Workers

Before Oct. 7, more than 95,000 PA Arabs worked in Israel's building sector.

UNRWA Account Blocked by Bank Leumi

The bank noted numerous funds transfers that were carried out in such a manner that did not not allow the bank to trace their source and final destination.

Prices Rise on Israeli Carambo, Magnum Ice Cream, Klik Chocolate

"Reducing the package sizes and increasing the prices follows an increase in production inputs in recent years, including a substantial rise in wages."

Galiladies Celebrate Women’s Entrepreneurship in Northern Israel

One of the highlights of the event was a special sale showcasing Galilean products developed by these entrepreneurial women.

Israel and Greece Increase Energy Cooperation

“We are connecting Israel to Europe through Greece, diversifying Europe’s energy sources in the midst of the energy crisis and strengthening Israel’s position in the region.”

Billionaire Bill Ackman Buys 5% of Tel Aviv Stock Exchange in Secondary Offering

The Tel Aviv Stock Exchange (TASE) made a secondary offering of 17,156,677 ordinary shares at an offering price of 20.60 Shekels ($5.6) per share.

Bank of Israel Governor: War Costs to Reach $57.3 Billion Plus $10.6 Billion in...

Prof. Yaron also noted that it was clear to everyone there would be a long-term increase in the defense budget due to the war.

Israel Expands Quota of Foreign Agricultural Workers

Israeli workers who might have filled the gaps have been called up for military reserve duty.

Number of Israelis Absent from Work Due to War Continues to Decline

In December, about 285,000 employed people in Israel – approximately 7% of the workforce – were absent from their jobs due reasons related to the war in Gaza.

Israel Approves New $1 Billion High-Tech Stimulus Package

The announcement came the same day as the government passed Israel’s 2024 state budget

Israel Bonds Surpassed $2.7 Billion in 2023

Israel Bonds and its affiliates around the world have generated more than $50 billion in investments since it was founded 72 years ago.

Bank of Israel Reduces Interest Rate by 0.25 Percent

"The government should adopt the budget processes required to deal with the costs of the war and with the increased defense budget in the coming years to return the economy as rapidly as possible to a path of sustainable growth and not to deteriorate to lost years."

Construction Labor Crisis Offers Opportunity for Haredim to Triple their Income

One of the most inspired outside-the-box solutions is replacing the missing workers with Israelis.

Intel to Increase Investment in Israeli Chip Plant by $15B

Intel operates four development and production facilities in the Jewish State, employing close to 12,000 people across the country.

Israel’s Favorite Turkish Coffee is Turkish No Longer

"To strengthen our soldiers, we decided to update the packaging during the war and to put out a line of mottos with messages of unity, hope, and belief in the justness of our path."

Maersk Shipping Giant to Resume Red Sea Operations

The announcement means good news for both the Israeli and Egyptian economies.

Billionaire Nelson Peltz Resigns from Wiesenthal Center Board over Call to Boycott Ben &...

Since the October 7 massacre, Anuradha Mittal, founder of the progressive think tank Oakland Institute, and the head of the board of directors of...

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