Articles in "Economy"

Israel Sees Sharp Decline in Hi-Tech Exports in 2019

Israeli export of hi-tech, one of the country's most important sectors, has declined in 2019 and is expected to decrease by 4.1% by the end ...

Israeli Salaries Continue to Grow in 2019, Hi-Tech Workers Earn More Than Double the Average Income

The Israeli job market showed positive development in 2019, as the average salary reached NIS 10,856 in September, growing by 4.6% since ...

Bank of Israel Publishes Standards for ‘Open Banking,’ Promoting Financial Transparency

The Bank of Israel (BOI) on Wednesday published a draft of its proposed standards for proper banking management on "Open Banking," inviting ...

JP Morgan Becomes Primary Dealer for Israeli Government Bonds

Israel's Accountant General Roni Hizkiyahu on Tuesday signed in agreement with JP Morgan, one of the world's leading financial ...

Tesla Opens Subsidiary in Israel, Eying Electric Vehicle and Solar Energy Markets

After months of speculation, the world's largest electric car manufacturer Tesla confirmed its plans to enter the Israeli market by ...

Israelis Endorse Black Friday as Shopping Holiday – Spend Nearly One Billion NIS in One Day

Israelis spent NIS 915.23 million on their credit cards on Black Friday, the international shopping holiday after Thanksgiving, according ...

Israelis Grow Richer on Average as Income Inequality Rises Slightly

Israel's average household income grew significantly faster than expenditure in 2018, leaving the average Israeli with more disposable ...

Despite Market Predictions, Bank of Israel Keeps Interest Rate at 0.25%

The Bank of Israel on Monday announced it has decided to keep the interest rate at 0.25%, defying analyst predictions that the Israeli ...

October: Israel’s Unemployment Rate Reaches Historic Low

Israel's unemployment rate fell to a record low of 3.4% in October, according to Israel's Central Bureau of Statistics (CBS), indicating a ...

Israel Ranked Second in the World in ‘Hot 150 Cybersecurity Companies To Watch In 2020’

Cybersecurity Ventures, a leading internet cyber-security magazine, has ranked Israel second in the world in the number of promising ...