Israel economy

Israelis' wealth grows 80% in six years

According to Bank of Israel figures, the Israeli public's portfolio of financial assets was worth a record NIS 7.4 trillion-a growth of NIS 1.1 trillion within a year, and an 80% rise within six year

New Israeli Shekel banknotes are seen in this picture illustration.
Housing Prices.

Israel's cost of living surpasses wealthiest European countries

David Alexander, Deputy CEO of Phoenix Financial

Israel’s hidden strength: Institutional capital pools

A hand is seen holding several dollar bills before the Israeli flag in this illustrative image.

Shekel at 30-year strongest against dollar


War hurt Israeli economy 'on many levels' - Bank of Israel report

2023 presented an obstacle for the Israeli economy, with the contentious judicial overhaul crisis and ongoing Israel-Hamas war sparking questions of resilience.

 View of Bank of Israel main offices in Jerusalem, on January 2, 2023.

Israeli economy minister calls on public to boycott food giant Strauss

Nir Barkat called on the public on Monday to stop buying Strauss Group products due to the company is continuing to raise prices amid the war.

 Economy Minister Nir Barkat speaks during a press conference at his office in Tel Aviv, March 12, 2024.

Despite setbacks, demand for housing in Israel remains, including from foreign residents

While Israel has been rocked by the judicial reform protests and the ongoing Israel-Hamas war, Israel's housing market still faces demand, both from Israelis and foreigners.

 Dafna Landau, (center) Head of the Construction & Real Estate sub-division in Bank Leumi’s Business Division, speaks with Yaakov Quint, Director-General of the Israel Land Authority (left) and journalist Danielle Roth Avneri at the Maariv Economic Conference in Tel Aviv.

9/11 proved that economies can be revived despite ongoing wars - opinion

Lessons from 9/11 can help Israel bounce back.

 WHILE ISRAEL’S economy faced an initial shock following the terrorist attack, similar to the US post-9/11, all signs, as well as historic evidence, point to a fast recovery, says the writer.

Knesset Labor Committee: IDF capitalization pensioners no longer repay loans 'for life'

In a significant move, the Knesset's Labor and Welfare committee has given the green light for certain IDF retirees to halt ongoing monthly repayments on loans taken out against their pensions.

MK Ofir Katz speaks during a Labor and Welfare Committee meeting at the Knesset, the Israeli Parliament in Jerusalem, on February 13. 2024.

Spar chain launches the first branch in Israel

A local retailer invested NIS 10 million in a branch in Kfar Saba. The goal: 2,000 products within three years.

Spar Israel

Shekel drops as Hezbollah hits North

Israel's uncertain security situation and the threat of war in the north was part of Moody's downgrade of the country's credit rating last month.

 An illustrative image of a graph going down.

Bringing a globally popular brand to succeed in the local arena as well?

Brands that have made the leap and those that haven't yet: What are the chances that we will see Primark and Starbucks in Israel?

 Food brands that came from America and failed to win the heart of the Israeli consumer

Bitcoin's triple trigger - opinion

Every four years, as if by the decree of some digital Poseidon, the reward for mining new bitcoins is slashed in half, reducing the influx of new coins into circulation.

 BITCOIN IS charting a bold course through uncharted waters, says the writer.

Israel's high-tech industry is a beacon of resilience - opinion

Despite the challenges and uncertainties, Israeli entrepreneurs and innovators have continued to work, create, and collaborate.

 AN AION Labs company creation workshop takes place last year in Rehovot.