Israel business

Shekel gains sharply despite interest rate cut

The Iran war led to a 3.3% contraction in GDP (on an annualized basis) in the first quarter

A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking
David Alexander, Deputy CEO of Phoenix Financial

Evolving regional economic opportunities

David Group founder Stella Cohen and Chairman Raanan Agus

Israeli private equity firm David Group launches to invest in mature businesses

Investors are beginning to ask where systems continue to function under stress.

Rethinking risk: Why Israel is no longer the outlier - opinion


Meet the Israeli startup working to merge crypto and mainstream finance as Bitcoin soars

Crypto enthusiasts, sometimes referred to as “HODLers,” are rejoicing in the industry’s recent achievements.

  A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 19, 2021.

Israeli ambassador to Panama: Israeli businesses should examine Panama's potential

Panama is interested in becoming a sustainable investment center and wants to increase cooperation with the State of Israel in technological and economic fields.

 A person holds a flag, after Panama's top court ruled unconstitutional a mining contract with Canadian miner First Quantum to operate a copper mine in the country, following weeks of protests against the deal, in Panama City, Panama, November 28, 2023.

Israel-Germany business ties are strong and growing – German minister

Several Israeli tech executives discussed the future of innovation and the ties between the two countries at ‘Joint Perspectives – A German-Israeli Summit’

 Israeli national flags flutter in front of an office tower at a business park also housing high tech companies, at Ofer Park in Petah Tikva, Israel August 27, 2020.

Moody's downgrades Israel credit rating to 'A2'

Israel's war with Hamas is not the only issue noted by the ratings agency, citing the looming threat at Israel's northern border.

Moody's corporate HQ

Climate innovation center teases a more developed Negev

The center's activities will stretch throughout the Negev and the Arava, from Kiryat Gat to Eilat and Sderot to the Dead Sea.

 DeserTech and Climate Innovation Center leaders gather in Beersheba

1948 Ventures: Bridging innovation and urgency in Israeli tech

After expediting his VC’s launch in order to support Israel during the war, the founder has urged other US VCs to continue investing in Israel’s tech ecosystem.

 1948 Ventures founder meets with President Herzog on October 18th

93% of Israeli business leaders fear missing out on AI advancements

Additionally, only 41% of Israeli business leaders express complete confidence in the accuracy of their data.

 Artificial Intelligence words are seen in this illustration taken March 31, 2023

S&P raises Israel Aerospace Industries’ international credit rating to A-

S&P Global Ratings Maalot Ltd: "The company's rate of output remains almost unaffected by the current fighting and call-up of reservists."

The S&P Global logo is displayed on its offices in the financial district in New York City

2023’s transaction value marks 10-year low, and the war makes it worse

Even before the security crisis in October, the first three quarters of 2023 showed a 60% decrease in volume and a 21% decrease in the number of transactions.

 Illustrative image of credit cards.

Ongoing war could decrease the business sector’s production by 3.8% in Q4 - report

The latest Melnick report gives one of the first concrete indications about the war’s effect on the Israeli economy.

 Israeli national flags flutter in front of an office tower at a business park also housing high tech companies, at Ofer Park in Petah Tikva, Israel August 27, 2020.