Economy of israel

The banking system 

Banks are essential to the modern economy and in Israel, they are a key part of the country's remarkable development.

A bunch of Israeli New Shekel banknotes in the hand on the Bills background.Conceptual Image for Finance and Banking
‘We now have a clearer view of what is already happening in Israel’s labor market, and we should shift the debate toward how to prepare and equip the labor market for the changes that are unfolding.’

AI is already reshaping Israel's workforce, and policy must catch up - opinion

Investors are beginning to ask where systems continue to function under stress.

Rethinking risk: Why Israel is no longer the outlier - opinion

Israel Navy missile ship patrols near gas field‏

Trump’s five day window for Iran deal may decide Israel’s inflation path, expert tells ‘Post’


Netanyahu adviser says markets ignore Moody's Israel cut, investors see beyond Gaza war

The shekel ILS = currency now stands at 3.66 per dollar versus 3.68 before the ratings action, in which Moody's kept its outlook at negative to imply a further cut.

 Avi Simhon, chairman National Economic Council attends the conference of the Israeli newspaper "Makor Rishon" at the International Convention Center in Jerusalem, December 8, 2019.

The road to recovery following Moody’s hits on Israel’s credit rating - opinion

Indirect impacts could arise through decisions of the government and the Knesset on economic policy issues

 The logo of credit rating agency Moody's Investor Services is seen outside the office in Paris

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)