JERUSALEM, May 24 Israel should aim to reduce
its budget deficit from 2020 by cutting tax benefits and other
measures, the International Monetary Fund said in its
preliminary annual report published on Friday.
JERUSALEM Israel's central bank is expected to hold the line on short-term interest rates this week for a fourth straight decision amid a strengthening shekel that has helped to contain inflation while the economy sped ahead in the first quarter.
JERUSALEM, May 15 Searchlight Capital Partners
moved a step closer to taking control of Israel's largest
telecoms group, Bezeq Israel Telecom, after its parent
company said on Wednesday it was satisfied with Searchlight's
JERUSALEM Medical cannabis could become an investment bubble in Israel, the country's market regulator warned, as cash floods into a rapidly-expanding industry where few companies yet make money. | Video
TEL AVIV Israel-based Teva Pharmaceutical Industries Ltd on Thursday forecast a sharp rise in revenue next year from its new migraine drug Ajovy and reported a slightly smaller-than-expected drop in first-quarter profit.
JERUSALEM E-commerce giant Amazon has reached out to Israeli retailers to enable them to sell directly to customers in Israel using its online platform.
JERUSALEM, April 18 Four of the five rate
setters at the Bank of Israel voted to keep the benchmark
interest rate at 0.25 percent when they met on April
8, minutes of the discussions showed on Thursday, citing
concerns over global economic growth.
JERUSALEM A parliamentary panel has proposed lawmakers oversee Israel's banking regulator after blaming the central bank for being too lax on regulation that led to high-profile loan defaults by some of the country's largest borrowers.
NESS ZIONA, Israel Nano Dimension, a pioneer in 3D printers for circuit boards, expects to keep up a steep rate of sales growth while reducing its cash burn as it taps demand from new sectors such as defense and space exploration, the company's leaders said.
JERUSALEM Ultra-Orthodox Jewish parties did well in Israel's national election and will likely bring hefty demands for more government payouts to coalition talks, making it harder for Prime Minister Benjamin Netanyahu to rein in a growing budget deficit.