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Moody's Deals Israel Another Blow - Downgrades Its Biggest Banks

Moody’s, one of the world’s most important credit ratings agencies, has struck again. For the second time in less than a week, it made a move that will have dramatic repercussions for Israel’s economy: Moody’s downgraded the ratings for Israel’s five largest banks – Leumi, Hapoalim (the workers), Mizrahi Bank, Discount and Benleumi (international). The […] ....

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War in Gaza Costs Israel More than IDR 700 Million

Israel's ongoing war in Gaza is expected to cost the Israeli economy US$48 billion or equivalent to IDR 746.6 trillion throughout this year and next year. ....

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How Israel's government can ensure tech sector recovery - Al-Monitor: Independent, trusted coverage of the Middle East

Data shows that fundraising for Israeli technology firms fell more than 65% in the second quarter from over $5 billion in the same period in 2022. ....

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Israel approves Netanyahu-led committee to tackle cost of living

Opposition MKs say that such a committee already exists and hasn't been convened since the government's formation in December. ....

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Tel Aviv Stock Exchange picks economist Kandel as new chair

The Tel Aviv Stock Exchange has appointed veteran Israeli economist and former advisor to the prime minister, Eugene Kandel, as its new chairperson, the bourse said on Monday in a regulatory filing. ....

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