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 ...
Economy
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, ...
Government Report Disputes Calls to Ban Trawl Fishing in Israel
A new Israeli government report challenges calls to ban trawl fishing, citing evidence of improving marine ecosystems and fish populations.
Israel’s Economy Grew in 2025, but War Left a $47 Billion Hole
Israel's economy saw accelerated growth in 2025, but the Bank of Israel's report revealed a $47 billion output loss from war, per Governor Amir Yaron.
Agreement Reached on Compensation for Public Employees Temporarily Laid Off During War
Israel's Finance Ministry and the Histadrut have reached an agreement on compensation for public sector employees temporarily laid off due to the war.
Government Moves Forward on State Funded Leave for People Not Working Due to War
Israel's Ministerial Committee approved state funding for workers on unpaid leave during the conflict with Iran, with the bill now heading to the Knesset.
More Than Three Millions Residential Apartments in Israel
Israel's Central Bureau of Statistics reports over 3 million residential apartments as of July 2025, with owned units at 69.8% and rental units at 29.6%.
Nonfinancial Private Sector Debit Up 2.8% Fourth Quarter 2025
Israel's nonfinancial private sector debt reached 2.5 trillion Shekels ($800 billion) in Q4 2025, up 2.8%, according to the Bank of Israel.
Israel Sees $4.3 Trade Deficit in February
Israel's trade deficit hit $4.3 billion in February 2026, as imports of 8.75 billion dollars dwarfed 4.4 billion dollars in exports.
Fewer Job Vacancies in February
Israel saw a decrease in job vacancies in February 2026 to 148,219, down from January's 150,838, according to the Central Bureau of Statistics.
One Quarter of Israeli Businesses Report Closures or Minimum Operations Due to War with Iran
One quarter of Israeli businesses are closed or operating minimally due to the war with Iran, affecting small businesses most severely.
Shekel Exchange Rates End of Day Thursday, March 19, 2026
The Bank of Israel reported end-of-day shekel exchange rates for March 19, 2026, with the US Dollar, Euro, and Yen seeing notable increases.
Navigation