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Government to Hit Pause in its Efforts for Shutting Down Kan Broadcaster

According to a report on Thursday, the government has decided to hit pause on almost all the items that are…

Central Banks Calls on Government for Raising Tax on Residential Property

On Monday, the Bank of Israel presented the new government of the country with a list of recommendations for dealing…

Shares, Government Bonds Fall as Judicial Overhaul Plans Dampen Investor Sentiment

On Sunday, shares in Israel dropped and recent days have also seen the country’s currency weaken due to rising investor…

Israeli Inflation in 2022 Highest at 5.3% since 2008

There was an annual increase of 5.3% in consumer prices in Israel in 2022, which was a rise of 2.8%…

Major Agency Issues Warning about Israel’s Credit Rating

Standard & Poor’s (S&P) recently issued a warning about the credit rating of Israel suffering from a negative impact due…

Smotrich Nixes Taxes on Sugary Drinks and Plasticware

The first move by the new Finance Minister, Bezalel Smotrich, came on Sunday when he instructed ministry officials to roll…

New Year Brings Price Hikes in Gasoline, Electricity, Property and Water Tax

A range of essential products and services saw their prices go up at midnight, which means that consumers were saddled…

Israel will Build 3,000 New Housing Units for Elderly Population

This week, the Jewish Agency, the Construction and Housing Ministry and the Finance Ministry, approved a new agreement. The said…

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…

Israel Becomes 4th Best-Performing Economy in OECD Countries this Year

The Economist recently put together the list of best-performing OECD countries in 2022 and Israel was ranked fourth amongst them.…