Knesset Finance Committee Advances 2025 Budget After 13-Hour Debate
After a marathon 13-hour debate, the Knesset Finance Committee approved the 2025 state budget on Sunday night, paving the way for its final...
Economy
One in Five Israelis Lived in Poverty in 2023, Report Finds
Nearly two million people in Israel were living below the poverty line in 2023, with approximately 872,400 children and 158,500 senior citizens affected, according to…
Israeli Tech Funding Hits Three-Year High, Fueled by Enterprise Software and Mega M&A Deals
Israeli high-tech companies raised $9.3 billion in private capital during the first half of 2025, marking the strongest six-month period ...
Israel’s War Economy: Financial Statements Show Cost of National Defense and Reconstruction
Israel's Accountant General published the state's consolidated financial statements for 2024 on Sunday, revealing the deep and wide-ranging ...
Azerbaijan’s SOCAR Enters Israeli Energy Market with $1.25B Tamar Gas Deal
Israeli businessman Aaron Frenkel has finalized a landmark deal selling a 10% stake in the Tamar offshore gas field to Azerbaijan’s ...
Israeli Finance Minister Unfazed by Sanctions Over Gaza Policy, Says He Has No Foreign Assets
Israeli Finance Minister Bezalel Smotrich on Wednesday defiantly dismissed sanctions placed on him the previous day by Britain and other ...
Scientists Shatter MRI Limits with Atomic-Scale Imaging
In a groundbreaking development, Israeli and German scientists have built an MRI device capable of resolving features as small as a ...
Smart Messaging Helps Consumers Avoid Overdrafts, but Only Some Benefit. Here’s Why
Artificial intelligence can help consumers avoid overdraft fees -- if the messaging is right and the users are in a position to respond -- ...
Majestic Negev Buzzard Spotted in Israel Stirring Conservation Hopes
A rare and majestic visitor captured the hearts of nature enthusiasts at Israel's Ein Avdat Nature Reserve this week -- the Negev buzzard, ...
Israel Launches $1.4B National Food Security Strategy for 2050 Amid Growing Threats
Faced with mounting threats to its food supply, Israel unveiled its National Food Security Plan 2050 on Monday, laying out a sweeping ...
Israel Moving to Replace U.S. Aid with ‘Win-Win’ Investment Model
Israeli officials are laying the groundwork to phase out a longstanding U.S. foreign aid model for a new framework based on joint investments, innovation and equal partnership.
‘I Lose 30% Every Time’: How Hamas Profits From Gaza’s Cash Crisis
A shadowy market of Hamas-linked money changers have become Gaza’s gatekeepers of cash, enriching the terror group while ordinary Palestinians find that accessing salaries can cost as much as 40 percent, The Press Service of Israel has learned.