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ISRAEL AT WAR - DAY 338

high-tech economy

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May 6, 2023, 12:47 pm
Start-Up Education Powers the Start-Up Nation
Investment in STEM education for children is the most important thing Israel can do to build a secure, prosperous, and more equitable future.
By Boaz Ozery
A sign for Moody's Corp. in New York, August 13, 2010. (AP Photo/ Mark Lennihan/ File)
March 7, 2023, 11:57 pm
Moody’s warns judicial shakeup could scorch Israel’s credit outlook
Company says overhaul will weaken country’s institutional strength, leading to ‘longer-term risks for economic prospects’
By ToI Staff
Illustrative: An aerial view of the Tel Aviv Stock Exchange and the surrounding area, April 20, 2022. (Matanya Tausig/Flash90)
March 1, 2023, 8:44 pm
Fitch affirms Israel’s A+ rating, but warns of impact of planned judicial overhaul
Ratings agency cites risks to Israel’s system of checks, investor sentiment; cautions about importance of central bank independence for credibility of policy-making
By Sharon Wrobel
The Tel Aviv Stock Exchange, December 25, 2018. (Adam Shuldman/Flash90)
February 8, 2023, 2:57 am
Tech firm Skai said set to pull funds from Israel due to judicial overhaul plans
Company worth reported $1b joins others in move to withdraw from market amid proposed legal shake-up; Finance Ministry officials warn uncertainty threatens state revenue
By ToI Staff
Prime Minister Benjamin Netanyahu at an event at Haifa Port on January 31, 2023 (Shir Torem/Flash90)
January 31, 2023, 4:59 pm
Netanyahu says opponents trying to harm economy with criticism of judicial overhaul
PM claims political rivals seeking to spook investors due to ‘bitterness’ over election loss; Lapid: Netanyahu’s own ‘bitterness’ over corruption trial is destroying democracy
By ToI Staff
Illustrative: View of the Tel Aviv Stock Exchange, November 29, 2020. (Miriam Alster/Flash90)
January 30, 2023, 1:18 pm
50 ex-ministry heads, treasury chiefs join financial warnings over judicial overhaul
Former senior officials, many of whom worked under Netanyahu for years, say reforms could cause ‘long-term’ damage to economy
By Tobias Siegal
A combination of photos showing former Bank of Israel governors Karnit Flug (L) and Jacob Frenkel. (Yonatan Sindel and Yossi Zeliger/Flash90)
January 22, 2023, 10:49 pm
Ex-Bank of Israel chiefs warn judicial overhaul ‘could deal severe blow’ to economy
Jacob Frenkel, Karnit Flug say ‘strength of judicial system a central factor determining Israeli economy’s status in world’; dozens of companies plan strike Tuesday
By ToI Staff and Sharon Wrobel
View of the Supreme Court as seen from a rooftop in Jerusalem on September 7, 2018. (Yonatan Sindel/Flash90)
January 13, 2023, 5:43 pm
Israel’s credit rating could take a hit due to judicial shakeup, major agency warns
Top S&P official says weakening of institutions, checks and balances could have significant effects, as could new hardline policies in West Bank that may increase instability
By ToI Staff
People wait in line at a polling station to cast their ballots, during Israeli elections, in Tel Aviv, Israel, November 1, 2022. (AP/Oren Ziv)
November 15, 2022, 12:03 am
S&P reaffirms Israel’s AA- rating, citing ‘wealthy, resilient’ economy
Agency forecasts Israeli GDP growth of 6% this year, but just 2% in 2023, given global economic trends
By Ricky Ben-David
Illustrative. Shoppers at a mall in the northern Israeli city of Kiryat Shmona, July 24, 2022. (Michael Giladi/Flash90)
August 4, 2022, 8:46 pm
Average salary in Israel falls slightly; tech wages hold steady
Monthly salaries for Israeli workers average NIS 11,753 ($3,514); tech employees pull in about NIS 26,828 ($8,019)
By Ricky Ben-David
An illustration of a centaur businessman and a businessman riding a unicorn. (rudall30 via iStock by Getty Images)
June 6, 2022, 12:09 pm
Out with the unicorns, in with the centaurs? A new tech milestone takes shape
Leading investment firm BVP says global tech and VC community should look to a horse of a different color to measure promising ventures
By Ricky Ben-David
Illustrative: French Orthodox Jewish students study during a class on coding, at the Developers Institute Coding Bootcamp, in Tel Aviv on February 21, 2019. (Hadas Parush/Flash90)
March 22, 2022, 10:15 am
Battle for tech talent in Israel heats up as war in Ukraine rages — report
New tech jobs index survey by investment firm OurCrowd shows tech sector was gearing up for hiring spree to fill important R&D roles before Russian invasion
By Ricky Ben-David
UAE Ambassador to Israel, Mohamed Al Khaja (right) and Executive Director at Start-Up Nation Central Wendy Singer. (Eran Beeri)
February 14, 2022, 5:36 pm
Israeli tech sector is strong but ‘areas of vulnerability’ pose challenges
Wendy Singer, outgoing executive director of Start-Up Nation Central, looks back at nearly a decade of innovation outreach with the organization
By Ricky Ben-David
Israeli Prime Minister Naftali Bennett leads the cabinet meeting at the Prime Minister's Office in Jerusalem on February 13, 2022. (Amit Shabi/POOL via Flash90)
February 13, 2022, 5:44 pm
OECD head says Israel should focus on equality, competition beyond tech sector
Mathias Cormann, secretary-general of the 38-member economic organization, tells cabinet meeting that cutting red tape, tackling gaps key to economic performance
By Ricky Ben-David
Economy Minister Orna Barbivai in Jerusalem, on June 14, 2021. (Sraya Diamant/Flash90)
December 27, 2021, 9:18 pm
Tech sector leads Israeli exports, projected to reach record high of $140b in 2021
According to Economy Ministry, exports up 18.5% from last year; services exceed goods exports for 1st time
By Ricky Ben-David
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