Articles in "Economy"

Unprecedented $160M Plan to Develop Beit Shemesh Approved

The government of Israel has approved a new NIS 500 million ($160 million) development plan for the city of Beit Shemesh, which is located ...

Finance Minister Liberman Scolds Business Leaders on Covid Complaints: ‘I Will Make Decisions Solely on the Basis of Economic Considerations’

Israel’s Minister of Finance addressed his policies regarding financial aid to businesses suffering due to the continued Covid crisis at ...

Avigdor Liberman on Covid Compensation: ‘We Will Not Distribute Gifts’

Finance Minister Avigdor Liberman held a press conference Sunday where he explained the government’s plans for aiding businesses as the ...

Israeli Exports to Ireland Increased by 517% in 2021

Israeli exports increased to about $140 billion in 2021 and hit a record high, an increase of close to 20% compared to about $114.3 billion ...

Israeli High-Tech Capital Raising Soars to $25.6 B. in 2021, 146% Increase Over 2020

The year 2021 was yet again a record-breaking annum for the Israeli hi-tech scene, raising $25.6 billion in 773 deals. This exceptional ...

Israel’s Elbit Systems Sells Defense and Airborne Electronic Warfare Systems to UAE

Elbit Systems announced Monday that its subsidiary in the United Arab Emirates (UAE) was awarded $53 million contract to supply Direct ...

Cabinet Approves Proposal to ‘Strengthen Israeli Industry in the Planning and Construction Sectors’

The Cabinet of Israel at its weekly meeting Sunday approved the proposal made by Prime Minister Naftali Bennett and Economy and Industry ...

Survey: 21% of Israelis Live Below Poverty Line; Corona Grants Saved Standard of Living

The National Insurance Institute of Israel (NII) published its annual Poverty and Inequality Report for 2020 in which it underscored the ...

Despite Pandemic, Israel Sees All-Time High in Exports

Israeli exports increased to about $140 billion in 2021 and hit a record high, an increase of close to 20% compared to about $114.3 ...

Israeli Air Purification Tech Named Entrepreneurial Company of the Year by Leading US Business Consulting Firm

Aura Air, an Israeli air purification company offering solutions that make air clean and safe, was announced as the 2021 Entrepreneurial ...