Economy

Credit Suisse study reveals that the number of millionaires in Israel dropped by only 154 in 2020, despite the unprecedented economic challenges.

VentureIsrael's investment strategy focuses on companies with clear-cut technological advantages, an experienced management team and a flexible business strategy.

In April, the international credit agency moved Israel's economic outlook from "positive" to "stable." Finance Ministry: Decision encouraging.

The Integrated Business Roundtable, founded with the belief that the path to peace between Israelis and Palestinians will come through investment in high-quality enterprises, held its second annual Israeli-Palestinian Economic Forum.

International cargo shipping company opens route between Haifa Port and Jebel Ali Port in the United Arab Emirates. Zim: Direct service to UAE would lead to future growth.

Fields of particular interest to heads of companies in Israel include agriculture and industry. Surprisingly, 22% of 230 CEOs surveyed said they already had business dealings in the UAE, directly or through third parties.

Second-quarter figures show the worst GDP drop since Israel's establishment. Jobless numbers hit nearly one million amid the second national lockdown.

Deal to allow Delek Group, one of Israel's largest companies, to repay the balance of its debt to the banks, release Delek Drilling from lien held by its bondholders.

Bank of Israel Governor Amir Yaron has urged Netanyahu’s cabinet to pass the 2021 budget as soon as possible to help the economy recover.

Members of Association of Retail, Fashion, and Café Chains in Israel plan to open nationwide on Sunday, with the exception of cities, towns, and local authorities coded 'red' under the stoplight system. "We're drowning," association says.