Recent posts
Recent speculation from foreign financial institutions suggested an impending interest rate cut by the Governor of the Bank of Israel, Prof. Amir Yaron. However, in a move that surprised many, the Bank of Israel opted to maintain the interest rate at 4.5%, defying...
Israeli defence technology company, Elbit, has announced today a significant contract win worth approximately $600 million with Hanwha Defence Australia. The contract is designated for the Land 400 Phase 3 project, aimed at enhancing the capabilities of Redback...
Since the onset of the year, the local foreign exchange market in Israel has exhibited commendable stability. Notably, the shekel has demonstrated resilience, strengthening against the dollar to trade at a rate of 3.63, despite recent growth data publications....
Nvidia, the prominent chip manufacturer with operations in Israel, has once again surpassed market expectations, causing ripples of astonishment throughout Wall Street. In the latest financial report, Nvidia reported a staggering 265% increase in revenue compared to...