finance

Bank Leumi to open National Infrastructures department

In the past few years, Bank Leumi led the financing of a number of prominent projects including the Purple Line of the Tel Aviv Light Rail. 

UN General Assembly vote on a Palestinian statehood may affect US funding

The UN General Assembly may vote on recognizing Palestinians as full members, likely gaining approval despite concerns, affecting US funding and statehood.

By REUTERS
07/05/2024

Hims & Hers Health faces stock decline after CEO's comments on student protests

The anti-Israel statement came amid significant campus demonstrations, resulting in an 8% drop in the company’s stock price last Friday.

What is the impact of October 7 on Israel's economy?

According to David Zaikin, founder and CEO of the Key Elements Group, the Jewish state's economy has proven resilient.

Tnuva hikes food prices after January NIS 200 m. dividend issue

The rise in price of price-controlled dairy was announced last month, and follows an Israeli government system for updating these prices.

By MOSHE COHEN , EVE YOUNG
01/05/2024

S&P cuts Israel's credit rating amid Iran escalation

"We forecast that Israel's general government deficit will widen to 8% of GDP in 2024, mostly as a result of increased defense spending," S&P Global said in its statement.

By EVE YOUNG , REUTERS
19/04/2024

J.P. Morgan Innovation Center chief: 'Most important thing for my career was focus'

Passover perspectives: Israeli executives answer the Four Questions

By NIR SHAHAF
18/04/2024

Teva joins world’s top 20 pharmaceutical companies

After years of financial and legal problems, Israel’s Teva Pharmaceutical Industries Ltd. named No.19 among the world’s top 20 best-earning pharmaceutical companies.

What does Fitch credit rating mean for Israel?

The rating, published earlier this month, removed a negative watch on Israel's score - an indicator that Fitch no longer plans to drop its rating in the near term.

15/04/2024

Israel-Hamas war doubles Israel's debt raising in 2023

The outbreak of the Israel-Hamas war in October led to a doubling of Israel's borrowing in the past year, with the state raising 160 billion shekels in debt.

By REUTERS
15/04/2024
Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use and privacy policy