Shekel
July spending record: Daily average reached NIS 1.771 Billion
Shva data for July points to a 5.8% surge in charge card spending compared to last year, reaching NIS 54.857 billion. Meanwhile, cash withdrawals from ATMs climbed to a record NIS 6.057 billion.
Strong shekel squeezes Israeli high-tech as AI reshapes the industry - opinion
Lahav 433 questions figure close to senior Likud circles over alleged concealment of assets
Innovation Authority launches NIS 1 billion solution for companies hit by shekel-dollar crisis
Israel in the eye of the storm — But the economy tells a different story
The State of Israel sits at the center of the geopolitical turbulence, yet precisely at this juncture many of its macro indicators look better than those of quite a few countries far removed from it.
Bank of Israel lowers interest rate to 3.5% in response to strong shekel, halt in war with Iran
The Bank of Israel Monetary Committee, headed by Amir Yaron, announced that the national interest rate will be lowered once again to 3.5% as inflation declines and the shekel remains strong.
Israel approves NIS 360m five-year plan to transform Eilat into southern economic and tourism hub
Eilat Mayor Eli Lankri thanked the government for approving the plan, which in his words, "places Eilat in its rightful position within the national priorities."
Inflation and housing prices show continued declines in Israel
Housing prices declined 1.3% over the past year, oil prices fell following the Iran agreement, and the dollar recovered after an early drop.
Kahan scholarships help Israeli tennis champions dream big
This year marks the 10th anniversary of the Kahan Scholarship Program, which has been supporting outstanding Israeli tennis players since 2016.
Israeli families could save hundreds on summer attractions, price check finds
With some 2.6 million students heading into summer break, consumer clubs say early planning and price comparisons can cut the cost of family outings.
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.
Amdocs to lay off 3,000 employees
The entire technology industry is experiencing aggressive cuts, partly due to the changes brought about by AI.
Shekel gains sharply despite interest rate cut
The Iran war led to a 3.3% contraction in GDP (on an annualized basis) in the first quarter
Bank of Israel cuts interest rates, inflation stable despite Iran war
Exporters have called on the Bank of Israel to lower rates or intervene in the foreign exchange market.
