Israel economy

Bridging the gap: How Tech-Career is opening hi-tech's doors to Ethiopian-Israelis

23 years and 1,500 graduates after its humble beginnings out of a converted laundromat, Tech-Career attributes its success to a philosophy that networking and shared identity matter as much as coding

Natali Getahon, Tech-Career’s director of partnerships, addresses students.
And how is the government dealing with the debt? By taking on even more debt. U.S. President Donald Trump.

America’s black hole: The debt threatening to swallow the global economy

"We continue to make strategic investments in Ashdod Port as part of our commitment to advanced equipment and future-ready infrastructure."

Ashdod Port launches international tender for double-jib cranes

monday.com's co-CEOs, Roy Mann and Eran Zinman

After firing 600 workers monday.com CEOs seek double pay


21% Increase in purchase of holiday gifts from war-affected businesses

BUYME Reports a 21% Increase in Purchases of Passover 2024 Holiday Gifts from Businesses Impacted by War, Showcasing Support for Local Economy and Small Enterprises.

 Giving a hand: a 21% increase in the purchase of holiday gifts from businesses affected by the war

Iran-Israel conflict: Will S&P credit rating drop harm Israel's economy?

The updated credit score, along with the other recent ratings, has the potential to impact Israel's economy in a number of ways. 

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

Israeli construction to suffer under Turkey's economic sanctions

Turkey's Trade Ministry to restrict exports of a wide range of products to Israel, especially those used for construction, until a ceasefire is declared in Gaza.

 Turkish President Tayyip Erdogan speaks to announce Murat Kurum as his ruling Justice and Development Party (AK Party) candidate in Istanbul's mayoral election in March, in Istanbul, Turkey January 7, 2024.

What does Fitch credit rating mean for Israel?

The rating, published earlier this month, removed a negative watch on Israel's score - an indicator that Fitch no longer plans to drop its rating in the near term.

 Joseph Wolf, CEO of EFG.

War hurt Israeli economy 'on many levels' - Bank of Israel report

2023 presented an obstacle for the Israeli economy, with the contentious judicial overhaul crisis and ongoing Israel-Hamas war sparking questions of resilience.

 View of Bank of Israel main offices in Jerusalem, on January 2, 2023.

Israeli economy minister calls on public to boycott food giant Strauss

Nir Barkat called on the public on Monday to stop buying Strauss Group products due to the company is continuing to raise prices amid the war.

 Economy Minister Nir Barkat speaks during a press conference at his office in Tel Aviv, March 12, 2024.

Despite setbacks, demand for housing in Israel remains, including from foreign residents

While Israel has been rocked by the judicial reform protests and the ongoing Israel-Hamas war, Israel's housing market still faces demand, both from Israelis and foreigners.

 Dafna Landau, (center) Head of the Construction & Real Estate sub-division in Bank Leumi’s Business Division, speaks with Yaakov Quint, Director-General of the Israel Land Authority (left) and journalist Danielle Roth Avneri at the Maariv Economic Conference in Tel Aviv.

9/11 proved that economies can be revived despite ongoing wars - opinion

Lessons from 9/11 can help Israel bounce back.

 WHILE ISRAEL’S economy faced an initial shock following the terrorist attack, similar to the US post-9/11, all signs, as well as historic evidence, point to a fast recovery, says the writer.

Knesset Labor Committee: IDF capitalization pensioners no longer repay loans 'for life'

In a significant move, the Knesset's Labor and Welfare committee has given the green light for certain IDF retirees to halt ongoing monthly repayments on loans taken out against their pensions.

MK Ofir Katz speaks during a Labor and Welfare Committee meeting at the Knesset, the Israeli Parliament in Jerusalem, on February 13. 2024.

Spar chain launches the first branch in Israel

A local retailer invested NIS 10 million in a branch in Kfar Saba. The goal: 2,000 products within three years.

Spar Israel