Strong shekel pressures Israeli high-tech
The shekel’s rise to levels not seen in decades was interpreted by the markets as a vote of…
Israel in the eye of the storm — But the economy tells a different story
While the shock originating in the Middle East is pushing many economies worldwide toward higher inflation, higher interest…
Bank of Israel lowers interest rate by half a point, now sitting at 3.5%
The Bank of Israel Monetary Committee lowered the national interest rate to 3.50% from 3.75%, the bank announced…
Strong shekel makes Israeli tech workers pricier than their US counterparts, study shows
Israeli tech developers have become more expensive than their US counterparts for the first time in many years,…
Israel ranks 18th in global wealth list as 8,800 Israelis become new millionaires
Israel ranked 18th in average personal wealth in the world in 2025 as the number of millionaires continued…
Israel approves NIS 360m five-year development plan for Eilat
The government approved a Five-Year Plan to develop Eilat and the Eilot Regional Council, an undertaking expected to…
Inflation and housing prices show continued declines in Israel
Israel’s Consumer Price Index (CPI) fell by 0.3% in May, according to figures has released by the Central…
Kahan Scholarships help Israeli tennis champions pursue their dreams
The Israel Tennis & Education Centers have awarded NIS 200,000 in Anna and Michael Kahan Scholarships to four…
High-tech sector accounts for 58% of Israel’s exports, even with strong shekel
Israeli high-tech companies accounted for 58% of Israel’s total exports in 2025, according to the annual report on…
Bank of Israel cuts rates, inflation stable despite Iran war
The Bank of Israel lowered short-term interest rates for the third time in six months on Monday, citing…
Israel’s inflation dynamics remain under control
Inflation is back on investors’ radar globally. Energy prices are rising, geopolitical risks remain elevated, and in many…