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In a significant financial move, S&P Global Ratings announced on Wednesday night that it has downgraded Israel's credit rating from A+ to A, now accompanied by a negative outlook. This change suggests that further downgrades could occur in the near future

Israel Aerospace Industry officially opened its new Ofak factory for electronic production in Ofakim, following an investment of NIS 50 million. This inauguration comes just seven months after the company's Board of Directors approved the proposal by Chairman Amir Peretz

Since Sunday evening, Israeli Prime Minister Binyamin Netanyahu and former rival Gideon Sa'ar have re-entered a political partnership, each sticking to their established roles in this complex dance of alliances. Sa'ar and his colleague Ze'ev Elkin have executed a calculated political maneuver, achieving the maximum possible under current circumstances

Starting at midnight between Monday and Tuesday, the price of 95 octane gasoline in self-service stations will decrease by 13 shekels, bringing it to NIS 7.16 per liter (including VAT). This marks the third consecutive decline since August

On Friday, Israeli Prime Minister Benjamin Netanyahu delivered a charged speech at the United Nations General Assembly in New York, as dozens of diplomats walked out in protest. Netanyahu, undeterred, spoke about Israel’s fight for survival, stressing that the country seeks peace but is surrounded by enemies intent on its destruction

Prime Minister Benjamin Netanyahu has backtracked on a ceasefire agreement with Lebanon that he verbally supported in talks with the U.S. and France, following intense political pressure from his coalition in Israel, diplomatic sources revealed Thursday. Initially, Netanyahu, along with Minister Ron Dermer, had been regularly updated and gave their blessing to the American-French proposal for a temporary ceasefire. However, during his flight to the U.S., Netanyahu reversed course after facing criticism from within his government

Air Haifa, Israel's newest airline, announced on Wednesday that it has received its operational license from the Ministry of Transport and has officially begun selling tickets on its website, airhaifa.com

The software giant Salesforce announced this evening (Tuesday) the acquisition of the Israeli company Zoomin. The amount of the deal has not been published, but according to estimates the amount that Salesforce will pay in the first stage is approximately $350 million and may increase to $450 million after the addition of personal rewards to the company's employees and entrepreneurs, subject to a series of conditions

The Israel Innovation Authority published its annual report today, summarizing the state of the country's high-tech sector since the outbreak of the Iron Swords War on October 7. The report highlights concerning trends, including a slowdown in recruitment, changes in the industry’s workforce composition, and declining attractiveness to foreign investors

Senior officials in Israel’s economy, after meeting with economists from Standard & Poor’s and Moody's, have raised concerns that an all-out war with Hezbollah—and potentially Iran—could lead to an immediate downgrade of Israel’s credit rating. These meetings highlighted the rating agencies' apprehension about the continued conflict in Gaza and along the Lebanese border and the increasing strain on Israel’s fiscal stability