Economy of israel

Amid shekel-dollar crisis: Hi-tech sector gains strength as Israel's main export with 58% in 2025

The trend is driven mainly by the sector's dominance of Software-as-a-Service (SaaS) projects, which export these services overseas and are highly dependent on foreign-currency income.

Evening view of the Tel Aviv skyline. October 26, 2025.
People walk near office towers at a business park also housing high tech companies, at Ofer Park in Petah Tikva, Israel August 27, 2020

Tech industry mutating before our eyes

(ILLUSTRATIVE) A logo of Meta AI sits outside the Meta House on the opening day of the 55th annual meeting of the World Economic Forum in Davos, Switzerland, January 20, 2025.

Behind the layoff headlines lies a more complex reality - opinion

Minister of Economy Nir Barkat

Can Israel’s economy survive after a seven-front war?


Gaza war means longer hours, more accidents for bus drivers

The Knesset Economic Committee approved an extension of working hours for bus and truck drivers to up to 14 hours a day during the war, putting additional strain on them.

 A bus driver sits in a bus as Palestinian youths are reflected in the windshield during a visit by Jerusalem Mayor Nir Barkat in the East Jerusalem neighbourhood of Issawiya January 4, 2012. REUTERS/Ammar Awad (JERUSALEM - Tags: POLITICS)

Squeezing Israel's human capital during a difficult time - opinion

What could the outcome of the state budget for 2024 be?

 PRIME MINISTER Benjamin Netanyahu and Justice Minister Yariv Levin attend a debate and voting on the state budget bill, in the Knesset plenum, in December.

How could a credit rating downgrade impact Israeli wallets, markets?

Decisions made by rating agencies will undoubtedly have a lasting impact on financial landscape, government's fiscal policies, and overall well-being of Israeli citizens.

 Rocket fall in Netivot, this month. The rating is used by investors to determine the level of risk in that country

Israeli reservist forced to sell business as reserve duty stretches over 100 days

Store owner Gal Anav announced the liquidation of his business in a facebook post amid the ongoing conflict with Hamas.

New Israeli Shekel bills are seen in front of a downwards-trending graph (illustration)

Economic optimism soars, yet CEOs grapple with AI, climate uncertainties

Notably, 39% of CEOs anticipate a significant increase in their company’s headcount by 5% or more in 2024, signaling a hopeful trajectory for employment worldwide.

New Israeli Shekel bills are seen in front of an upwards-trending graph (illustration)

Strauss Group to hike prices, lay off 150 workers

The company says that the decision to raise prices follows large rises in prices of raw materials in the past year.

 BAMBA COMING off the production line at a Strauss plant in Sderot.

December 2023 Consumer Price Index records a 0.1% decrease from November

Noteworthy declines were recorded in fresh fruits and culture and entertainment (2.2%); clothing and footwear (1.8%), and furniture and household equipment (0.7%).

 An illustrative image of a graph going down.

Tech sector surges amid 2023 challenges, anticipates growth in 2024

With private funding approaching $10 billion and stabilizing to 2019 levels, the ecosystem showcases a discerning yet robust investment environment.

Israel Start up

Restoring Zionist ‘Iron Wall’: A proposal for renewed Israeli ideology - opinion

Offering components of national vision and renewed ideological-theological principles of action that will anchor the existence of the State of Israel securely into the future.

 A PALESTINIAN receives financial aid from Qatar through an exchange office in Rafah, Gaza Strip, in 2021, as part of the UN Humanitarian Cash Assistance Program. Hamas’s conduct is not guided by Palestinian economic welfare, but rather by annihilationist rationale, says the writer.

Comptroller's report on cost of living unveils critical issues in Israel's economy

As the government formulates the 2024 budget, it must evaluate the war's impact on living costs and address the deficiencies highlighted in the report.

New Israeli Shekel bills are seen in front of a downwards-trending graph (illustration)