Banking & Finance

Financial news, data and analysis.

Duty-free VAT lessons - opinion

A district court has just issued a judgment clarifying when zero-rate VAT applies to services for foreign residents.

By LEON HARRIS
13/08/2022

These Israeli apps can help you handle the high cost of living

Oren Goldstein: “Now that price hikes are taking place in every field, we absolutely must be on top of all these details.”

By ILANA SHTOTLAND
13/08/2022

Israel's average monthly salary falls sharply

The sharp fall in salary may be attributed to the return of more lower-paid workers who were furloughed during the COVID-19 pandemic as well as the slowdown in the tech sector.

By IDAN EREZ/GLOBES/TNS
05/08/2022

Mortgage market mayhem: Public owes banks NIS 505 billion

High-interest rates haven’t cooled the market. In June, the public received mortgage loans amounting to NIS 11.9 billion, an increase of 2.5% over June 2021.

By YEHUDA SHARONI/MAARIV
01/08/2022

Price collusion probe shows Israel is serious about retail competition - analysis

An extensive investigation, paired with PM Lapid’s vendetta against the cost of living, is indicative of the government’s commitment to solving Israel’s economic pickle.

Israeli shekel staged strong comeback in July

During July, the Israeli shekel strengthened 5.1% against the basket of the world's major currencies.

By GUY BEN SIMON/GLOBES/TNS
01/08/2022

Upstep looking to crowdfund $4m.

This is Upstep's second crowdfunding campaign, after 2021 one, in which the company raised $2.5m., breaking a crowdfunding record in Israel.

Rising cost of living forces expats to leave Gulf countries

Lower-paid foreigners have been largely unaffected by the surging cost of living.

By HUDHAIFA EBRAHIM/THE MEDIA LINE
01/08/2022

Want a successful business? It’s all about networking - interview

Networking expert Gil Petersil supplies valuable advice on changing economies, the future of crypto and how to succeed in a more difficult market.

Sternum’s IoT security makes major strides in defiance of tech tumble

TECH TALK: More than 500 tech employees in Israel were laid off in a single day on July 24. But not all tech fares badly in times of economic uncertainty.

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