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IMF: Israel is in the 9th place in the world in the GDP per capita ranking With $ 43,689
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19th place in the world in the GDP per capita ranking - the figure that sounds almost dreamy, appears in the IMF database. With $ 43,689, Israel is below only 18 countries out of 194 countries in GDP per capita in nominal terms. These IMF figures present a flattering picture, but they are problematic. When you look at the significant figure that allows comparison to other countries - GDP per capita in terms of purchasing power parity (PPP), GDP per capita in Israel is $ 40,547, and its place in the world ranking is 35, similar to what it had for several years And Macau, we are about 30th...

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Apr 27, 2021

Symantec acquires Israeli startup "Luminate Security" for more than $ 200 million
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Symantec announced the acquisition of Luminate Security, an Israeli start-up that develops a platform for secure access to enterprise applications in a single-value connection. According to estimates, the scope of the transaction is more than 200 million USD. Lumenate was founded by experienced entrepreneurs. The company's CEO, Ofer Samadry and, Leonid Belkind and Eldad Livni former Check Point's employees. until recently the Israeli company raised $ 14 million. Luminate has 40 employees in Israel and in the UD

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Feb 12, 2019

Israel and Turkey Exchange Sharp Words Over Erdogan's Anti-Israel Remarks
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The diplomatic tension between Israel and Turkey escalated on Sunday after Israeli Foreign Minister Gideon Sa'ar condemned Turkish President Recep Tayyip Erdogan’s recent comments about Israel. Erdogan, during a visit to a mosque marking the end of Ramadan, attacked Israel, calling for its destruction. He declared, "May Allah destroy Zionist Israel for the sake of His holy name. We must see what is happening there, and therefore we must unite and be strong and be brothers here, may Allah always strengthen our unity."

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Mar 30, 2025

First time since the establishment: Yes and Bezeq International offer a triple bundle service
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For the first time since the establishment of YES, yes and Bezeq International have announced a triple triple service in which the customer will be able to receive, in one package: television services, Internet at 100 megabytes (infrastructure and supplier) and home telephone. The new triple will be marketed together with Bezeq International, but the brand that will accompany the activity will be yes, in order to respond competitively to its competitors in the television market, which has long offered triple packages and thus had a significant advantage over it

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Jul 14, 2019

Bank of Israel  granted a bank license and permits to a new bank which will be called "Esh-Bank"
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Bank of Israel Governor Amir Yaron and Bank Supervisor Yair Avidan granted a bank license and permits to control the bank - which will be called Ash Israel Bank. Bank entrepreneurs Yuval Aloni, Nir Tsuk, Alex Liberant and Alon Shay received the permit. Prof. Shmuel Hauser, former head of the Israel Securities Authority, will serve as chairman of the bank. This is the second license given to a new bank in the system within a period of three years. The receipt of the control permits and the conditional bank license will allow the entrepreneurs to move forward and complete the mechanical,...

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Dec 25, 2022

The Israeli gaming company Beach Bum is being sold for half a billion dollars
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The Israeli gaming company Beach Bum is being sold for half a billion dollars to the French hyper-casual gaming company VOODOO, Calcalist has learned. In the first phase, shareholders will receive $ 300 million, and later an additional $ 200 million subject to meeting targets. The company employs 150 people in its offices in Raanana. Beach Bum, whose mobile games are based on popular board games like backgammon that have adapted to the digital world, has barely raised outside capital since its inception in 2015. In the first round, held in 2016, it raised only $ 3 million, and has not...

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Sep 30, 2021

Medtronic acquires the Israeli start-up Nutrimano for about $ 100 million
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Medtronic acquires the Israeli start-up Nutrimano, which analyzes information and creates nutrition analyzes. The Israeli start-up has raised $ 10 million to date. In a statement issued by Medtronic, the value of the agreement was not disclosed, but the market estimates that the deal is worth $ 100 million. VETRINO has developed tools for the collection, processing and analysis of nutrition data, suitable for both end users and organizations. The company collects information about users from a variety of sources, such as home computing and various medical sensors (such as glucose...

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Nov 21, 2018

Bezalel Zini brother of Shin Bet Director is suspected of Cigarette Smuggling Into Gaza
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Bezalel Zini, the brother of Shin Bet Director David Zini, is suspected of smuggling cigarettes into the Gaza Strip, a case that was cleared for publication on Tuesday. A prosecutor’s statement submitted against Zini and other suspects includes, controversially, a clause relating to aiding the enemy in time of war — though legal sources stress it is not yet certain this charge will be included in the final indictment

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Feb 3, 2026

Central Bureau of Statistics: September 4,727 new dwellings were sold to the public -  A 45% jump
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A survey published by the Central Bureau of Statistics (CBS) regarding demand for new dwellings shows that despite the holidays, in September this year 4,727 new dwellings were sold to the general public - a 45% jump compared to September 2020, when 3,258 new dwellings were sold; compared to the previous month (August 2021 ) Where 3,902 new apartments were sold, an increase of 21%. On an annual basis (last 12 months - October 2020-September 2021), this is a 34% increase in the sale of new dwellings, after 51,454 new dwellings were sold in the past year, compared with 38,401 new dwellings...

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Nov 14, 2021

The volume of mortgage performance soared in May to a peak of NIS 9.473 billion
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The volume of mortgage performance soared in May to a peak of NIS 9.473 billion. This emerges from data published by the Bank of Israel. In May, there was a 14% increase compared to the amount of mortgages marketed by the banks in April, and an increase of 82% compared to May 2020 - which was affected by the corona closures. The increase in the amount of mortgages reflects the increase in the marketing of apartments, the prices of apartments and the upward trend in the rates of leverage and risk that buyers take on in the effort to purchase apartments

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Jun 15, 2021

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