Articles in "Economy"

Israel Officially Approves Privatization of Haifa Port

The Ministerial Committee on Privatization approved on Tuesday the privatization of the Port of Haifa, officially concluding a two-year ...

In Historic Event, Israel Begins Pumping Gas to Egypt

Natural gas began to flow from Israel to Egypt, a historic event and "an important development that will serve the economic interests of ...

Israel’s Hi-Tech Saw 1,210 Exits Totaling at $111.3 B in Past Decade

Investments in Israel's ever-growing hi-tech scene soared over the past decade, with the total exits value reaching $111.3 billion in 1,210 ...

Israel Successfully Raises $3 Billion in US Dollar Bond Issue

Israel completed a successful bond issue on Wednesday, selling $3 billion worth of government bonds, despite the government's large ...

Israel’s Foreign Exchange Reserves Swell  

Israel’s foreign exchange reserves at the end of December 2019 stood at a record $126 billion, an increase of $3.64 billion from their ...

Israeli Armis Cybersecurity Firm Acquired for $1.1 B.

Insight Partners intends to acquire the Israel-based Armis cybersecurity firm at a $1.1 billion valuation, the firm stated Monday. This ...

Israeli Government Ran NIS 12 Billion Over Budget in 2019

The Israeli government ran a deficit of 3.7% of the GDP, significantly higher than the deficit target set in the 2019 budget, which stood ...

Israel and Panama’s Free Trade Agreement Goes into Effect

The global trade war continues to escalate as a free trade area agreement between the State of Israel and the Republic of Panama went into ...

IAI to Build Dror 1, Israel’s National Communications Satellite

Israel Aerospace Industries (IAI) on Thursday announced that it has won the government tender to develop and build Dror 1, Israel's ...

Ex-Prime Minister Barak’s Medical Marijuana Firm Signs Massive Trade Deal with Global Distributer

The Israeli medical marijuana firm Canndoc announced on Thursday that it has signed a deal with Tilray, one of the world's leading medical ...