Economy of israel

Teva collaborates on skin disease treatment, releases targets

Under the agreement with Royalty Pharma, the companies will jointly develop the anti-IL-15 antibody, TEV-'408, which is in a phase 1b trial for the treatment of vitiligo

Logo of Teva Pharmaceutical
View of the southern Israeli town of Beer Sheva. March 31, 2025.

Fuel prices in Israel to drop below 7 shekels per liter for first time since 2023

 Israel flag with stock market finance, economy trend graph digital technology.

Economic recovery must be Israel’s priority for 2026 - opinion

View of the Haifa port in the Northern Israeli city of Haifa, November 17, 2024.

Rising Israeli exports approach pre-war peak, Economy Ministry predicts $160 billion


Israel's credit rating drops: How will it hit our wallets? - opinion

What is a credit rating, how is it determined, and how will Moody's dramatic decision impact Israelis?

Protesters gather in the Habima Square yesterday.

Netanyahu, Liberman stand on opposite ends of credit rating drop debate

While Netanyahu claims economy is strong despite credit rating change, MK blames political turmoil for nation's threatened credit rating.

 MK Avigdor Liberman attends a State Control Committee meeting at the Knesset, the Israeli Parliament in Jerusalem, on September 13, 2023.

Moody's downgrades Israel credit rating to 'A2'

Israel's war with Hamas is not the only issue noted by the ratings agency, citing the looming threat at Israel's northern border.

Moody's corporate HQ

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.