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Shufersal to lay off 150

Shufersal said, "As part of the process of examining the needs of the company, it was decided to implement resource adjustments in the workforce situation."

BoI governor: Further taxation steps will probably be needed

Governor of the Bank of Israel Amir Yaron is not contemplating higher interest rates, but stresses the need for fiscal responsibility.

Rakefet Russak-Aminoach appointed chair of chip co Hailo

SolarEdge share price hits five-year low

The Israeli company's share price fell earlier this week after its US rival Enphase published its financial results showing a slower than expected recovery in the industry.

Average wage in Israel jumps again

Initial figures for February 2024 show that the average monthly wage was NIS 13,297, up 10.7% from February 2023.

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