Economy
The winners of the bid for the privatized company will take on its 440 million NIS of debt and fixed labor agreements.
Israel-Gaza War, Economy
After a sharp decline in annually calculated GDP in the last quarter of 2023 (23%), economic activity bounced back and increased by 14% the following quarter.
Israel-Gaza War, Economy
Despite inflation and displacement, Israeli local consumption is rebounding - with some caveats.
Economy, Sports Illustrated
Minute Media Founder and CEO: "Sports Illustrated is the gold standard for sports media for 70 years."
Local Elections, Economy
Israel Hayom reports that credit card expenses today have risen to over 928 million NIS by 17:00, while voting rates remain about 20% below the previous round of local elections.
Israel-Gaza War, E-Commerce
An analysis by Globes shows that after a significant drop at the beginning of the war, Israelis are back to ordering online.
Israel-Gaza War, Economy
The number of unemployed ticked up slightly, while the number temporarily absent or who ceased looking for work has gone down since December.
Charedim, Economy
There are now more Charedi men working then ever before, primarily due to the pressures of high interest rates and cost of living. However, their work productivity and pay remains relatively low.
Jared Kushner, Finance
The acquisition marks yet another example of Trump's son in law moving to invest in Israeli companies and demonstrate confidence in the country as a whole.
WEF, Davos 2024, Javier Milei
President Javier Milei of Argentina delivers a remarkable address at Davos during the World Economic Forum Annual Meeting 2024. Watch:
Israel-Gaza War, Bank of Israel, Economy
After increasing interest rates over the past few years to curb inflation, the BoI cut the rate by 0.25% amid cautious optimism about inflation and the Israeli economy generally.
Israel-Gaza War, Economy
Data provided to Calcalist by the Shva automated banking service shows consumer spending holding steady a week after Hannukah and just below average for the year.
Argentina, Economy
Argentinian President Javier Milei announced further liberalization and privatization measures to deal with soaring inflation and other economic woes.
Israel-Gaza War, Economy
Ever since October 7, Israel has struggled to fill the gap left in agriculture, construction, and caretaking by Thai workers who fled and Palestinian workers who are barred.
Israel-Gaza War, Budget, Economy
The Knesset Defense and Foreign Affairs Committee Chairman sharply criticized the budget outline for 2023 as a "serious error."
Israel-Gaza War, Budget, Economy
Minister Barkat also said that if businesses in the combat zones collapse and don't survive the war, it will amount to a Hamas victory.
Israel-Gaza War
Rear Adm. Daniel Hagari said that the IDF is regularly assessing how many soldiers it can free up for the economy while maintaining long-term fighting capability.
Israel-Gaza War, Economy
Gallant said "the strength of security and the strength of the economy are intertwined" in a meeting with the Governor of the Bank of Israel.
Israel-Gaza War, Israeli Economy
Since the outbreak of the war, reserve callups and civilian evacuation have led to multiple furloughs and resignations. The Labor Ministry has the numbers.
The Dollar Rises
Despite credit rating agency Fitch's forecast to maintain Israel's credit rating, the dollar rose this morning and traded around 3.77 shekels, reaching a three-year high since the outbreak of the COVID-19 pandemic in 2020.