Israeli Tech Exits Decline 80% in 2022 to $16.9 Billion
2022 proved to be a difficult year for the tech industry in Israel, as the number of ‘exits’, which refers…
Bank of Israel States Education Funds Required for Boosting Human Capital
On Monday, Amir Yaron, the Governor of the Bank of Israel, highlighted the importance of investing in the education system…
The Sharing Economy – Why Start-Ups Choose to Share Workspaces
There is no denying that we live during a costly time, and sadly enough, there doesn’t seem to be an…
Fertilizer Giant to Pay Compensation for Pollution of Negev Stream
On Wednesday, ICL, the fertilizer giant in Israel, announced that it would pay compensation of NIS 115 million to the…
Isracard to Lay Off 12% of its Workforce
The largest credit card company in Israel, Isracard has decided to cut costs and streamline operations, due to which it…
Bank of Israel Chief Hints of More Rate Hikes after November
On Monday, the Bank of Israel announced that it was raising the benchmark interest rate in the country for the…
Strauss Chocolate Bars Return to Shelves Months after Recall
One of the largest food product manufacturers in Israel, Strauss Group announced on Tuesday that a chocolate factory had resumed…
Tnuva’s Price Rise Goes into Effect as all Eyes on Shufersal
On Tuesday, the expected price hike from Tnuva on most dairy products came into effect, with the exception of the…
Bank of Israel Increases Interest Rate for Sixth Time this Year
On Monday, the central bank in Israel increased the benchmark interest rate for the sixth meeting in a row. It…
Housing Prices Rise 20% and Consumer Goods by 4.9% in 2022
The Central Bureau of Statistics (CBS) released a report on Tuesday, which showed that there was an almost 20% increase…