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Economy Ministry

A Zim cargo ship is seen outside the port of Haifa on May 1, 2026. (Sharon Leibel/Flash90)
July 8, 2026, 3:17 pm
National security concerns threaten to capsize sale of Israeli shipping giant Zim
Government must okay $4.2 billion deal with Hapag-Lloyd, but officials raise red flags over German firm’s Gulf backers and worry non-Israeli owners could leave country without vital strategic lifeline
By Sharon Wrobel
Ignite DeepTech accelerator for young startups launches first cohort, April 2025. (Courtesy)
April 27, 2025, 11:59 pm
Intel-backed accelerator kicks off first cohort for Ignite startup program in Israel
Ignite DeepTech, a project to foster and grow young companies, selects 10 startups in areas of cybersecurity, biotech, and road safety to participate in new initiative
By Sharon Wrobel
Shoppers and supermarket staff seen at the new branch of a Mahsanei HaShuk chain in Katzrin, on the Golan Heights, on November 22, 2022. (Michael Giladi/Flash90)
January 3, 2025, 1:57 pm
Along with soaring prices, Israel rings in 2025 with economic reforms, but will they work?
With a few behemoths dominating imports of food, cosmetics and other products, changes are intended to lower costs including by boosting competition; experts have their doubts
By Sue Surkes
A wheat field and a vineyard near Kibbutz Hulda, south central Israel, on April 13, 2024. (Nati Shohat/Flash90)
December 5, 2024, 8:18 am
Ministries working to get country’s 1st food security plan ready by end of April
Agriculture Ministry budget cuts overshadow ambitious plan to grow more local produce, move Israelis to healthy Mediterranean diet
By Sue Surkes
Palestinian workers stand in line at the Erez crossing to Israel, September 28, 2023. (Atia Mohammed/Flash90)
March 24, 2024, 8:05 pm
Despite ostensible ban, tens of thousands of Palestinians working in Israel — report
Although defense minister and IDF barred entry of laborers into Israel after October 7, TV network says some 2,400 businesses have been exempted for ‘humanitarian’ purposes
By Jeremy Sharon
Economy Minister Nir Barkat (left) meets with Saudi Commerce Minister Majid bin Abdullah Al-Qasabi at the WTO conference in Abu Dhabi, February 26, 2024. (Courtesy Economy Ministry)
February 26, 2024, 9:35 am
Barkat talks peace with Saudi counterpart in UAE: ‘We can make history together’
On sidelines of World Trade Organization meeting in Abu Dhabi, ministers shake hands, exchange phone numbers amid talk of potential landmark regional deal that includes normalization
By Lazar Berman
Economy Minister Nir Barkat attends an Economic Committee meeting at the Knesset, Jerusalem, on January 3, 2024. (Yonatan Sindel/Flash90)
February 7, 2024, 7:55 pm
Economy minister issues ultimatum to food companies that hiked prices in wartime
Barkat gives them 72 hours to reverse increases or be put on ‘blacklist,’ hints he suspects illegal price coordination; manufacturers say government causing rise in cost of living
By ToI Staff
Economy Minister Nir Barkat arrives for a meeting at the Prime Minister's Office in Jerusalem, January 3, 2023. (Yonatan Sindel/Flash90)
February 17, 2023, 3:39 pm
Business leaders share judicial shakeup jitters with economy minister
Heads of Fox fashion chain, Azrieli, Tnuva and others convey concerns to Nir Barkat, warn of mass withdrawal of capital from Israel
By Ash Obel
Illustrative: Ultra-Orthodox men clash with police and security guards during a protest against construction work for the Jerusalem Light Rail, on June 8, 2022. (Yonatan Sindel/ Flash90)
January 8, 2023, 7:30 pm
Economy Ministry rebuffs Haredi minister, says rail work on Shabbat will continue
UTJ had earlier demanded maintenance work on intercity rail system be halted on Jewish day of rest; Netanyahu said to promise non-critical work will be halted
By Ash Obel
Arab students working on a project at Moona, a nonprofit technology incubator in the Galilee that aims to build bridges between Israeli Jews and Arab youth through space technologies (Courtesy)
December 29, 2022, 3:39 pm
Israel earmarks NIS 21.6 million to boost Arab employment in high-tech
Programs funded by the Israel Innovation Authority and the Economy and Industry Ministry seeks to train and help find jobs for 2,239 Israeli Arabs in the local tech industry
By Sharon Wrobel
American TV host Conan O'Brien visits the Western Wall in the Old City of Jerusalem on August 28, 2017, to film an episode of his travel series 'Conan Without Borders.' (Yonatan Sindel/Flash90)
December 9, 2022, 9:33 am
12 foreign productions win government incentives to film in Israel
Long-awaited tax program is designed to boost Israel as a center for foreign movie and series production
By Jessica Steinberg
A woman looking at televisions in a store. (Filipovic018 at iStock, Getty Images)
August 31, 2022, 11:34 pm
From Thursday, imported electrical appliances will need to meet EU standards alone
Allowing importers to declare that products meet EU law rather than pay for tests by Israel Standards Institute expected to cut costs, widen choice of goods
By Sue Surkes
Bread for sale at the Rami Levy supermarket in Jerusalem on July 17, 2022. (Yonatan Sindel/Flash90)
July 26, 2022, 8:21 am
Government agrees to limit rise in bread prices, end price controls by April 2023
Under deal hammered out with Economy Ministry, price of common dark bread will be raised about 5% at first, then again in December; price controls to be ended in 2023
By ToI Staff
An illustrative image of a smart robotic farming concept. (sarawuth702 via iStock by Getty Images)
April 14, 2022, 6:35 pm
Israel, South Korea launch new program for robotics tech cooperation
Initiative to offer funding of up to $5.3 million per joint project for two to four years
By Ricky Ben-David
People ride bicycles on empty Jerusalem roads on Yom Kippur, the Day of Atonement and the holiest of Jewish holidays, September 16, 2021. (Flash90)
January 5, 2022, 4:41 pm
Israel to ease rules on imports of goods to boost competition, reduce cost of living
Economy Ministry says thousands of items — electronics, bicycles, eyewear, toys — that already meet international standards will benefit from reform of regulations
By Ricky Ben-David
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