Trigo technology deployed in a supermarket The Central Bureau of Statistics reported the inflation rate for January was negative 0.4%. Major pricing decreases, totaling 6.4% were reported in clothing, as well as a drop of 0.8% in entertainment costs and 0.5% on food....
n In 1965, when I visited Tel Aviv for the first time, it sported the newly completed Shalom Tower. The majestic skyscraper stood 34 floors high and was said to be the tallest building in Israel and the Middle East — a...
According to IVC Research Center, 2019 was a record year of exits for Israeli corporations, garnering an annual total of $21.7 billion. There were 138 deals in total, with the largest single deal being the acquisition of Mellanox by Nvidia for $6.9...
The Central Bureau of Statistics (CBS) reported a rise in the unemployment rate in Israel. In the month of November, Israel’s unemployment rate rose from 3.5% to 3.9% the month before. The CBS also revised October’s figure, initially reported to be 3.4%...
November was another banner month for startups raising capital in Israel. A total of $840 million was raised last month. The following is a list of startups that raised money: AgriTask $8.5 million
Zim reported the following financial and operating highlights for the Three Months Ended September 30, 2019: Total revenues were $842.0 million compared to $840.7 million in Q3 2018, a 0.2% increase;ZIM carried 725 thousand TEUs compared to 730 thousand...
The Ministry of Energy unveiled a new plan that would bring the percent of the energy produced in Israel by alternative means to between 25-30% by 2030. The current plan calls for the country to reach 17% by 2030. According to Energy...
The Central Bureau of Statistics announced that prices rose by 0.4% in October vs. September. In addition, they reported that the price of apartments went up 0.2%. The price increase was expected. Over the last year, the cumulative price increase came to...
The Israeli political system remains paralyzed. On Saturday night, tens of thousands rallied in Tel Aviv's Rabin Square to mark the 24th year since his assassination, and to hear MK Binyamin "Benny" Gantz (who currently holds the mandate to form the government)...
The unemployment rate in Israel is once again at its historically lowest rate — 3.7%.  The rate, which had gone up to 4.1% in July, and dropped back to 3.8% in August, went down to 3.7% in September. The only negative data...