Israel’s ZIM Shipping Sold to Germany’s Hapag-Lloyd for $3.7 Billion
Germany's Hapag-Lloyd and Israel's FIMI acquire ZIM Shipping for $3.7 billion, ensuring Israel maintains strategic maritime interests despite local opposition.
Economy
Israel.com economy coverage: markets, business, technology, and economic policy affecting Israel and the region.
Israel Pushing for Price Supervision of Matzah as Passover Approaches
Israel's Ministry of Economy pushes for urgent matzah price supervision ahead of Passover, citing two companies' 80% market control and excessive profits.
Tel Aviv Stock Exchange TASE Recap, June 10, 2026
On June 10, 2026, the Tel Aviv Stock Exchange (TASE) indices experienced a downturn, with the TA-90 index closing down 2.21%.
Shekel Exchange Rates End of Day Wednesday, June 10, 2026
The Bank of Israel released end-of-day currency exchange rates for June 10, 2026, with the US Dollar trading at 2.9730 NIS and other major currencies showing.
Consumer Confidence Index Up Slightly in May
Israel's consumer confidence index improved to -16% in May 2026, up from April's -20%, driven by increased optimism about future household economic situations.
Israel Sees Mixed Trends in Imports of Major Appliances
Israel's Tax Authority reported mixed appliance import trends in May 2026, with refrigerators and washing machines rising, while dryers and dishwashers saw.
Tel Aviv Stock Exchange TASE Recap, June 9, 2026
On June 9, 2026, the Tel Aviv Stock Exchange (TASE) saw declines across major indices, including the TA-35 and TA-90, with equity turnover at NIS 4.61 billion.
Shekel Exchange Rates End of Day Tuesday, June 9, 2026
The Bank of Israel released end-of-day shekel exchange rates for Tuesday, June 9, 2026, detailing shifts against currencies like the US dollar and Euro.
Israel Launches $42M Grant Program to Boost Northern Economy
Israel's Ministry of Economy and Industry launches a $42.5 million grant program to aid businesses and industry in northern Israel.
Imports of Private Vehicles Down 8.8%
Private vehicle imports in Israel decreased by 8.8% in May 2026 to 22,155 units, reports the Israel Tax Authority.
Net Balances of Businesses Are Up
Israel's Central Bureau of Statistics reports improved business net balances in May 2026 after the Iran conflict ceasefire lifted restrictions.
Tel Aviv Stock Exchange TASE Recap, June 8, 2026
On June 8, 2026, the Tel Aviv Stock Exchange (TASE) reported mixed index performance, with the TA-35 up 0.33% and the TA-90 down 1.11%.
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