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 Annual inflation in Israel remained stable in January:  annual rate amounts to 2.6%
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Inflation in Israel has remained stable in January, with the Consumer Price Index (CPI) holding steady, according to the latest report from the Central Bureau of Statistics (CBS). This stability has led to an annual inflation rate of 2.6%, marking the lowest level since November 2021

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Feb 15, 2024

U.S. Strikes Iranian Revolutionary Guard Targets as Tehran Retaliates Against American Bases
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The United States and Iran have entered a new and dangerous phase of direct military confrontation after American forces launched strikes against targets belonging to Iran's Islamic Revolutionary Guard Corps (IRGC), following an Iranian attempt to threaten shipping in the Strait of Hormuz and attacks against U.S. forces in the region

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Sep 1, 2026

 ChatGPT Escalation in Southern Lebanon: IDF Targets Hezbollah and Hamas Operatives
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Tensions have escalated in Southern Lebanon following a series of targeted Israeli airstrikes, resulting in casualties among Hezbollah and Hamas operatives. The strikes, aimed at weakening militant infrastructure, have intensified amid heightened military activities in the region

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Jul 18, 2024

Shufersal intend to lead aggressive cuts of NIS 300 million a year and lay off 250 employees
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Four months after Yitzchak Abarkhan returned to Shufersal, this time as chairman, and led to the appointment of Uri Waterman as CEO of the company, in the coming weeks the two intend to lead an aggressive streamlining program for the company. Restoring the operating profitability of the food stores to a level of 3.5%-4% will require a cut of NIS 250-300 million per year in the company's operating expenses in view of the erosion of its market share

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Oct 18, 2022

Finance Ministry Moves to Double Tax-Free Online Import Limit to $150
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The Ministry of Finance on Tuesday published a draft order to double the tax exemption threshold on personal imports—from $75 to $150—a change expected to take effect within at least 21 days. According to the Tax Authority, the reform is projected to reduce state revenues by approximately NIS 1 billion per year

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Nov 27, 2025

 The rate of new doctors graduating from Israeli universities is the lowest in the OECD
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The problem of overcrowding and the rate of population growth in Israel is one of the fundamental problems discussed in recent years and is a real challenge for education, transportation, housing, and other systems. Another significant challenge of the increase in the population and its accelerated aging is imposed on the health system - which must continue to provide the public with medical services of a high level, with reasonable availability and accessibility at the very least. A new OECD report illustrates the magnitude of the challenge or, in less subtle words, the major crisis that...

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Oct 19, 2022

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Oct 19, 2022

Israel Prepares for Attacks Amid Heightened Tensions with Iran and Hezbollah
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David Ignatius, veteran diplomatic and security commentator for The Washington Post, expressed cautious optimism yesterday regarding the escalating situation in the Middle East. Relying on American and Israeli sources, Ignatius suggested that there remains a possible way out of the current conflagration. According to him, the Biden administration has managed to deter Iran from launching a widespread attack on Israel, and Israeli Prime Minister Benjamin Netanyahu is showing signs of flexibility on the ceasefire agreement and hostage deal with Hamas. The unknown variable remains Hezbollah,...

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Aug 7, 2024

IAI will take part for the first time in the world air exhibition that will be held in Bahrain
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The aerospace industry will take part for the first time in the world air exhibition that will be held in Bahrain. At the prestigious exhibition, which will be held between November 9 and 11, IAI will present its range of developments that reflect the forefront of technology, including products for civil aviation, radars, air defense systems, coastal defense and defense systems using drones. The advanced systems of the aerospace industry will be displayed in the impressive pavilion that the company will build, which will mark 70 years of expertise and innovation. This is the first time an...

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Oct 26, 2022

Pepper the digital bank from Beit Leumi received official approval to trade in virtual currencies
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Pepper, the digital bank from Beit Leumi, received official approval from the Bank of Israel this weekend to allow its customers to trade in virtual currencies. The service, which was announced about six months ago, will be available to customers through the Pepper INVEST capital market trading application and is expected to be launched within the next month, when the waiting list for the service will open in the coming days. In addition, in the future the service is expected to be extended to Bank Leumi customers as well

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Oct 29, 2022

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