Israel/Economy

According to the finance minister, these corporations “purchase media influence” to block any move toward liberalization.

“This is a place to engage with challenges and create new opportunities for Israeli industry,” said Israeli President Herzog

The stock market index cited the reduced probability of security risks after the U.S.-mediated ceasefire agreement with Hamas

The agreement could make Cyprus the first European importer of Israeli natural gas, pending approval from both governments.

All customers can receive a refund. We continue to closely monitor the security situation in Israel.’

'We believe there is a gap between Moody’s assessment and the full economic picture,' responded Yali Rothenberg, the director of the Israeli State Comptroller’s Office.

'The price gouging of an essential and irreplaceable service during an emergency by a monopoly is a disgraceful and illegal act' the lawsuit claims

Israel and Greece, two nations connected by rich maritime histories and present-day geo-strategic interests, share a promising future of development and cooperation in the Eastern Mediterranean

Swiss, Brussels, Austrian, Lufthansa, and Air Europa announced flight to Ben Gurion Airport will be canceled after a missile from Yemen fell near Terminal 3

Economy and Industry Minister Nir Barkat said that Israeli authorities were caught off guard when the Trump administration placed a 17 percent tariff on Israeli goods

Collection of customs from imports from the United States amounts to approximately 42 million shekels ($11 million) per year • Smotrich asked the economy & agriculture ministers to hasten the process

Despite the budget approval and fiscal adjustments, the country's credit rating remained at its lowest level so far, with a negative forecast • Moody's stressed this is not a rating action

The Azerbaijani company SOCAR and British BP have received licenses to search for natural resources in Israeli waters • The companies will survey a new area in the northern part of Israeli waters

A recommendation for one billion shekels ($270,000) – for bereaved families, families of captives, siblings and children of released hostages, and residents of a town near Gaza – is set to be approved

The head of the Histadrut labor union said that he would respect the court's decision, calling the strike an 'important step' in showing solidarity with families of hostages

Regional tensions and the continuation of the war contributed to the downgraded credit rating, along with a very high level of uncertainty and a continued increase in security expenses

The low-cost giant Ryanair announced that all its flights to Tel Aviv will be canceled until August 26 • Lufthansa group clarified that it will continue the comprehensive cancellation until August 21

The decision comes amid escalating tensions in the region, following recent targeted assassinations in Iran and Lebanon

The US corporation tried to buy the information security company for a sum of $23 billion • CEO Asaf Rappaport says the company is now aiming for an initial public offering

The Central Bureau of Statistics recorded a slight rise in the unemployment rate in May, with 240,000 Israelis aged 15 and over seeking work for at least the past 12 months

"The government needs to make sure that it makes the right balances and budget adjustments in light of growing permanent security expenses," Yaron stated

Company supplies simulators, UAVs, artillery, munitions, control systems, communications, high powered lasers and others to Israel's Defense Ministry

Amid the ongoing war in Gaza and the Israel-Iran rising tensions, the agency also lowered Israel's credit outlook from 'stable' to 'negative'