Articles in "Economy"
Israel’s Economy Expands Despite War, Inflation Falls to 1.5%
Israel’s economy showed continued resilience ahead of the Jewish New Year of Rosh Hashanah, with gross domestic product (GDP) rising 3.2% ...
Israel, Germany Explore Turning Volkswagen Plant Into Defense Hub
Israel’s Rafael Advanced Combat Systems, the German state of Lower Saxony and Aurelius Capital signed a declaration of intent Monday to ...
Bank of Israel Cuts Interest Rate to 3.25% in Third Consecutive Reduction
The Bank of Israel on Tuesday lowered its interest rate by 0.25 percentage points to 3.25%, the third consecutive cut, citing moderating ...
Israel Launches Consortium to Prepare Communications Networks for Quantum Threats
Quantum computers could one day break some of the encryption protecting the Internet, and an Israeli-led consortium is working to make sure ...
Bank Leumi Profit Rises as Israel’s Banking Sector Shows Resilience Amid War
Israel's Bank Leumi reported strong second-quarter results on Tuesday, with net income rising 8.5% year-on-year to NIS 2.8 billion ($940 ...
Moody’s Leaves Israel’s Credit Outlook Stable, Praises Economic Resilience Despite War Costs
Moody’s left Israel’s sovereign credit rating unchanged at Baa1 with a stable outlook, signaling confidence in the economy’s ability ...
Israel’s Welfare System May Run Out of Reserves by 2035 as War Costs, Aging Population Mount
Israel’s wartime fiscal burden is colliding with an aging population and a fast-growing welfare bill, as officials warn ...
Israel’s Southern City That Sheltered War Evacuees to Receive Major Development Boost
The Israeli government on Sunday approved a five-year development plan for the southern city of Eilat and the Hevel Eilot Regional Council, ...
Israel Unveils $1.3B Boost for Northern Infrastructure and Services
The Israeli government on Thursday approved a supplementary development plan for the Northern District worth approximately NIS 4 billion ...
Bank of Israel Buys $801 Million in Forex Amid Shekel Volatility
The Bank of Israel purchased approximately $801 million in foreign currency in May, according to its monthly reserves report, in an ...
