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Business

According to Israel’s Central Bureau of Statistics (CBS), in the second quarter of 2022 the country’s Gross Domestic Product (GDP) increased by an annual...

Business

The Bank of Israel reported that its foreign currency reserves have declined. Israel’s foreign exchange reserves at the end of August 2022 stood at...

Business

The Monetary Committee of the Bank of Israel (BOI) raised interest rates for the second time in the last two months. This time the...

Business

Fitch Ratings has affirmed Israel’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘A+’ with a Stable Outlook. This is great news for Israel Startup...

Business

No fewer that 5 Israeli tech firms have now announced lay off so far this month alone.

Business

The Bank of Israel (BOI) reported that Israel’s foreign exchange reserves at the end of June 2022 stood at $193.81 billion, a decrease of...

Israeli Politics

The Monetary Committee of the Bank of Israel (BOI) Monday announced a decision to increase the interest rate by 0.5 percentage points to 1.25...

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According to the ECA, Tel Aviv is now the fifth most expensive city globally, while Jerusalem has jumped to 15th.

Israeli Politics

The Bank of Israel (BOI) has decided to raise the interest rate to 0.75 percent. This marks the second time in the last month...

Business

Standard and Poors (S&P), one of the world’s top credit rating agencies has decided to preserve Israel’s already high credit rating at AA-. The...