Economy

20 stories about Economy
בטי סופר

“Lack of investment and difficulty in long-term planning means high-tech companies will continue to lay off”

28.01.24|Maayan Manela
The global wave of high-tech layoffs has already reached thousands of workers in Israel, and those who have been laid off are having trouble finding a new job, especially amid Israel’s ongoing war with Hamas.
כנס פיננסים - פאנל נדל"ן מימין שמעון אבודרהם מנכ"ל אמות צבי שיף שותף וראש אשכול פיננסים BDO רון אבידן מנכ"ל אזורים ו נטע-לי בינשטוק כלכליסט וידאו

"The decline in construction will lead to a supply crisis as early as 2024"

25.01.24|Maayan Manela
Ron Avidan, CEO of Azorim Properties, spoke during a real estate panel at Calcalist’s Economy of Tomorrow event along with Zvi Shif, Partner and Head of the Financial Cluster at BDO, about how the labor supply shortage will lead to an increase in real estate prices
כנס פיננסים - יאיר קפלן מנכל בנק ירושלים וידאו

Bank of Jerusalem CEO on the real estate market: "Vulnerable entrepreneurs will go bankrupt"

25.01.24|Shaked Garin
Yair Kaplan spoke at Calcalist, the Bank of Jerusalem, and BDO’s Economy of Tomorrow event about the future of the real estate market, saying that “the government must act preemptively and activate the Housing Cabinet.”
ועידת תחזיות - דב קוטלר מנכ"ל בנק הפועלים

Bank Hapoalim CEO Dov Kotler's perspective on economic changes post-October 7

28.12.23|Shaked Green
Kotler emphasized the need for a revised economic strategy post-crisis when speaking at Calcalist's Forecasts Conference, held in cooperation with Bank Hapoalim and the Phoenix Group
ועידת תחזיות - פרופ ליאו ליידרמן היועץ הכלכלי הראשי בנק הפועלים

Bank Hapoalim Chief Economic Advisor: "Not all policymakers have internalized the great risk of a slowdown in 2024"

28.12.23|Irit Avisar
"Without making fiscal adjustments, there is a high risk that the deficit will reach 6% of GDP," Bank Hapoalim's Chief Economic Advisor Prof. Leo Leiderman said at Calcalist's Forecasts Conference
ראש הממשלה בנימין נתניהו ושר האוצר בצלאל סמוטריץ

OECD report: lowers Israeli growth forecast, warns government to 're-prioritize' budget

30.11.23|Adrian Filut
The OECD’s Global Economic Outlook report has cut its growth forecast for Israel in 2024 by more than half, and sent a sharp message to the government about using the budget to fund the ultra-Orthodox sector and coalition interests.
יו"ר הרשות הפלסטינית מחמוד עבאס אבו מאזן

A dangerous disengagement: the PA has no economic alternative to the Israeli market

05.11.23|Doron Peskin
The economy in the West Bank is almost entirely dependent on Israel, from Israeli transfers of funds to 150,000 Palestinians employed in Israel.
מייסד מובילאיי פרופ' אמנון שעשוע ומייסד צ'ק פוינט גיל שויד

Will Israeli tech save the Israeli economy?

02.11.23|Sophie Shulman
There are many reasons to be optimistic about the resiliency of Israel’s tech sector right now, however the prolongation of the war could discourage investors and drive away multinational companies
Dror Bin IIA

Finance Ministry increases budget for Israel Innovation Authority Fast Track channel by 300 million NIS

25.10.23|Meir Orbach
The ministry had already pledged 100 million NIS to the channel aimed to support Israel’s high-tech sector, struggling amid Israel’s war against Hamas
מלחמת עזה קיבוץ בארי 21.10.23

Gaza war will cost Israel economy over $17 billion

24.10.23|Adrian Filut
Meitav Investments House estimates that the costs of the war with Hamas will be double the cost of the Second Lebanon War, compensation for all those affected to reach NIS 17 billion ($4.18 billion), and tax revenue loss of NIS 31 billion ($7.1 billion)
ועידת שוק ההון 2022 ‍אמיר כהנוביץ כלכלן ראשי, הפניקס אקסלנס וידאו

Israel’s post-war economic roller coaster: Recession, then rebound

18.10.23|Almog Azar
Economist Amir Kahanovich predicts that the Israeli economy will enter a recession following the war but that there will be an economic rebound. "Now there is a standstill, but past experience shows that it is temporary"
תל אביב בורסה Tel Aviv Stock Exchange

Institutional investors move over $8 billion out of Israel in first six months of 2023

31.07.23|Almog Azar
Local investors are also seeking opportunities in struggling companies, with Klirmark Capital raising NIS 2.7 billion from Israeli institutions for that purpose
תל אביב מבט מלמעלה 6.6.23

Investment in Israeli high-tech down 65% in Q2 to $1.78 billion

28.06.23|Meir Orbach
Despite the number of transactions also falling 48% year-over-year, Q2 saw a 2% increase in investment compared to the first quarter of the year
עובדי הייטק משרד אופן ספייס עבודה

More than half of new Israeli startups registered abroad in Q1 of 2023

09.05.23|Ariela Karmel
According to a new report, some 56% of new Israeli startups choose to register abroad in the first quarter of the year, with an additional 49 companies in the process of transforming into American firms
ברק עילם מנכ"ל נייס

NICE CEO: "Every conversation with investors starts with the madness of the Israeli government"

27.04.23|Diana Bahur-Nir
Barak Eilam discusses the existential threat the judicial coup poses to Israeli tech and why AI could be a huge growth engine for the company
מוסף חג העצמאות 25.4.23 הפגנה נגד ההפיכה המשטרית בתל אביב ההתייצבות הייטק בחזית

Israeli high-tech must contend with the global economy and its own government to survive

27.04.23|Sophie Shulman, Meir Orbach
The shrinking of Israeli high-tech comes amid the global economic downturn, but it is clear to those within the industry that without a return to political sanity, the industry and the Israeli economy will suffer
מייסדי פאגאיה מימין אביטל פרדו יהב יולזרי ו גל קרובינר - חדש

Pagaya suspends full immediate withdrawals from Opportunity Fund

16.04.23|Almog Azar
The Pagaya Opportunity Fund, the largest P2P fund in Israel, manages about NIS 4.7 billion ($1.28 billion), and says that it will instead use a mechanism to transfer funds on a quarterly basis