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Israel/Economy

View of the oil refineries of Haifa and the industrial area, on May 5, 2017.

4 min

Economy

The Ministry of Energy recommends relocating the Bazan factory from Haifa to the south of the country

The government ministry's recommendation is published in accordance with the State Comptroller's recommendation to maintain refining capabilities in Israel

i24NEWS

Read time: 4 min.


تزويد سيارة بالوقود، صورة توضيحية

3 min

Economy

Israeli gasoline prices to equal 2012 record after new increase

The maximum government-regulated price for a liter of self-service 95-octane unleaded gasoline will increase by 16 agorot to 8.25 shekels

i24NEWS

Read time: 3 min.


Le Premier ministre Benjamin Netanyahou rencontre des officiers de Yamam le 13 juin 2024.

4 min

Economy

New report reveals average monthly salary in the Shin Bet and Mossad

The Ministry of Finance has published the salary report for defense system employees for the years 2023-2024, which reflects, among other things, the impacts of the war

i24NEWS

Read time: 4 min.


Mossad head Roman Gofman, archive

3 min

Economy

The head of Mossad supports the creation of a Bedouin industrial zone in the Negev

Roman Gofman believes that job creation in Bir Hadaj could strengthen security and reduce the influence of criminal networks

i24NEWS

Read time: 3 min.


Banque de Jérusalem et Mali et Liel Yahalomi

3 min

Economy

“Customer funds are safe”: Bank of Jerusalem denies rumors amid the disappearance of the Yahalomi family members

Bank of Jerusalem, where Mali Yahalomi is employed, issued a statement to its customers after the bank’s share price fell sharply by 12.3%

i24NEWS

Read time: 3 min.


KKKL-JNF representatives meet with local leaders in northern Israel

3 min

Economy

KKL-JNF approves $284.7 million plan to develop northern Israel

The funding will target infrastructure, housing, education, and population growth across the region

i24NEWS

Read time: 3 min.


Illustration - Shekels

3 min

Economy

Israel sets new export record as overseas sales hit $169 billion

Israeli exports climbed to $169 billion in 2025, exceeding the previous all-time high set in 2022

i24NEWS

Read time: 3 min.


CEO of OpenAI Sam Altman talks to CEO of Google DeepMind Demis Hassabis, not seen, on the sidelines of the G7 summit, Wednesday, June 17, 2026

2 min

Economy

OpenAI expands to Israel: first commercial hires and tech outreach

The world’s leading AI developer is planting its flag in one of the planet’s most talent-dense innovation hubs, and it’s bypassing R&D to go straight for the deal flow

i24NEWS

Read time: 2 min.


View of the northern Israeli town of Jish, in the Upper Galilee, October 8, 2024.

5 min

Economy

A new vision for the North: $6.3 billion plan set for the Galilee's revival

The initiative includes a new $1.1 billion investment targeting housing, transportation, healthcare and security in Galilee communities, following last week's $5.2 billion package for northern border

i24NEWS

Read time: 5 min.


4 min

Economy

'Win-win for economy and diplomacy': Smotrich tells i24NEWS new 'Isaac Accords' will unlock massive Israeli capital

Speaking in Washington, the Finance Minister outlines a strategic push to leverage Israel’s $2 trillion capital reservoir through a new IDB partnership, strengthening ties with Latin American allies

Mike Wagenheim

Read time: 4 min.


Illustration - Station-service israélienne

2 min

Economy

Israeli fuel prices to drop 27 agorot per liter starting at midnight

Shekel strength and falling global oil prices drive the biggest monthly cut in recent months

i24NEWS

Read time: 2 min.


WIX Campus in Tel Aviv, Israel

3 min

Economy

Wix preps for largest layoff in company history, cutting up to 1,000 jobs amid AI pressures and profit losses

The Israeli web development company is set to cut roughly 20% of its global workforce as it pivots toward AI amid eroding profitability and a 50% collapse in its share price this year

i24NEWS, Henry Kirshner

Read time: 3 min.


Illustration - Billets de banque israéliens

3 min

Economy

The shekel reaches its highest level against the dollar in 30 years

Despite the conflicts, the Israeli economy remains strong and its currency has reached a historic level against the dollar, to the point of worrying exporting companies

i24NEWS

Read time: 3 min.


أوراق دولار أمريكية - صورة توضيحية

2 min

Economy

For the first time in 30 years: the dollar drops below 3 shekels

The dollar exchange rate continues to decline and its value stands at less than three shekels • This is a three-decade low in the value of the currency

i24NEWS

Read time: 2 min.


FILE - Skyscrapers line the skyline of Tel Aviv, Israel, on April 18, 2018.

4 min

Economy

Investing between two homes: What Jewish-American portfolios can learn from 20 years of data - oped

At every level of risk, the optimal portfolio includes US stocks, Israeli stocks, US housing, and Israeli housing. Investors should not choose between the US and Israel- they should combine both.

Dr. Ido Kalir

Read time: 4 min.


Illustration - Soldats israéliens

2 min

Economy

Israel approves compensation plan for reservists with 6.2 billion shekel budget

The plan strengthens support mechanisms for economic, family, and psychological needs, addressing the cumulative strain on reservists after several years of intensive activity

i24NEWS

Read time: 2 min.


Le contrôleur de l'État israélien, Matanyahu Englman

3 min

Economy

State Comptroller: Israel entered war unprepared to cover civilian compensation costs

State Comptroller report says Israel began the Iron Sword war without knowing whether its compensation fund could cover civilian losses, exposing major financial, planning, and oversight failures

i24NEWS

Read time: 3 min.


Maquette numérique du futur campus Nvidia à Kiryat Tivon

2 min

Economy

Nvidia announces new Israeli campus, plans for 10,000 employees

"Israel is home to some of the brightest technologists and engineers in the world, and has become Nvidia’s second home. Our new campus will be a place where our teams can build the future of AI"

i24NEWS

Read time: 2 min.


Benjamin Netanyahou et Eli Cohen

2 min

Economy

Netanyahu announces $35 billion gas deal with Egypt

“This is the largest gas transaction in the history of the State of Israel,” the Israeli PM said

i24NEWS

Read time: 2 min.


Prime Minister Benjamin Netanyahu at the cabinet meeting

2 min

Economy

Israel's gov't cabinet approves 2026 budget heavy on defense spending

The new budget allocates 112 billion shekels ($35 billion) for defense, an increase from the 90 billion shekels earmarked in an earlier draft.

i24NEWS

Read time: 2 min.


Le ministre israélien des Finances, Betsalel Smotrich

2 min

Economy

Smotrich accuses Israeli Agrifood giants of 'abusive monopolies'

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

i24NEWS

Read time: 2 min.


Dr. Ron Tomer

2 min

Economy

2025 high-tech conference opens in Tel Aviv with focus on post-war growth

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

i24NEWS

Read time: 2 min.


Un drapeau israélien sur lequel est inscrite la phrase en hébreu "ensemble nous vaincrons", au centre commercial Azrieli à Tel-Aviv

2 min

Economy

S&P revises Israel outlook to 'stable' after Gaza ceasefire

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

i24NEWS

Read time: 2 min.


Israel's offshore Leviathan gas field in the Mediterranean Sea, on September 29, 2020.

2 min

Economy

Israel to power Europe? Energean strikes gas deal with Cyprus

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

i24NEWS

Read time: 2 min.


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