Economy

"When you create defense for your neighbors, you create defense for Israel," senior Israel Aerospace Industries executive says. 

Ratio Energies CEO Yigal Landau says building a long-term project will require the mobilization of all parties, including government institutions.

Despite forming more than 50% of Israeli exports, Israel Innovation Authority figures show the two communities' participation in the high-tech industry is declining.

Russia's invasion of Ukraine has emphasized to both Israel and Europe the importance of natural gas, even if only as a transitional energy source on the way to renewables.

"We are determined to return inflation to its target," Bank of Israel Governor Amir Yaron told Channel 12 News

EU and Israeli officials are said to be holding advanced negotiations over the sale of natural gas. If finalized, Israel could begin exporting gs to Europe as early as next winter.

Conference on agritech sees Israeli and Italian businesses explore collaboration and finalize massive deals.

Consumer PriceConsumer Price Index climbs on the heels of price hikes in fresh produce, clothing, transportation, and entertainment. Home prices rise by 16.3% rise over the past fiscal year. Index

International credit rating agency expects Israel's economy to grow by 5.5% in 2022.

Telefonica, Europe's third-largest telecoms company, aims to increase investments in Israel's high-tech sector this year, including in e-health and other consumer-facing business.