According to News 12, another Israeli company is looking to transfer its funds from Israel to banks located abroad out of concern that the government will pass the judicial reform. Wiz, a cloud cyber security company founded by Assaf Rappaport, the former CEO of...
The US rate hikes that took place on Wednesday afternoon, were not the main driving force behind foreign exchange trading in Israel the following day. Contrary to conventional thinking, the shekel actually strengthened against the dollar and the euro on Thursday. In...
Housing prices in Israel have risen rapidly over the last five years. It would be less surprising if this phenomenon was limited to Tel Aviv and its suburbs, but when the national average rise reaches 37%, it just emphasizes the extent of the recent property market...
The past few weeks have been dominated by public protests against the government's judicial reform and the potential consequences it may have on the capital markets in Israel. Indeed, a great number of experts have voiced their concern regarding the possibility of...
The Bank of Israel has released mortgage market data for 2022. During the year, NIS 117.6 billion shekels were borrowed, according to the report. This is the most mortgages ever issued in Israel, and it is NIS 1.5 billion shekels more than the previous year's total....
Only a year ago, many global tech powerhouses operating in Israel announced plans for expansion. It included, among other things, expanding by building new campuses, renting larger spaces, and hiring new employees. However, as the previous year's economic crisis...
Recent history shows that the Israeli stock market and economy can perform regardless of the political situation. Five elections have been held in the last three and a half years, and the economy has continued to grow, with the main indices delivering gains to...
The Finance Ministry of Israel announced on Wednesday that the public debt decreased dramatically last year to 60.9% of GDP compared to 68% in 2021, which is lower than in most of Israel's Western counterparts. This result became possible due to robust economic growth...
The consumer price index (CPI) climbed by 0.3% in December, according to Israel's Central Bureau of Statistics report released yesterday evening. While the annual rate of inflation in the United States and certain European Union countries is slowing, it remained...
Despite the complex knots of tying his Israeli coalition together, Prime Minister Netanyahu clenched his latest government amid a report featuring the massive benefits to Abraham Accords countries. The 2022 trade deals for Israel itself reached more than $2.8 billion....