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Israeli economy
Israeli air force aerobatic team fly during a military training for the upcoming Israel's 73rd Independence day in Jerusalem, on April 12, 2021 (Photo by Yonatan Sindel/Flash90)
April 14, 2021, 6:01 pm
Israel at 73: How the tech sector saved the economy from the worst of COVID
Nation seems to be winning virus battle, with economy hit, not shattered; political deadlock, inequality, unemployment and creaking infrastructure are wars still waiting to be won
By Shoshanna Solomon
Vaccinations in Logrono, northern Spain, March 19, 2021. (AP Photo/Alvaro Barrientos)
April 6, 2021, 5:17 pm
IMF raises Israel, global growth forecast as vaccinations pave way out of crisis
In report, financial institution warns of ‘daunting challenges’ still ahead, since vaccinations are not being administered at the same pace around the globe
By Shoshanna Solomon
Governor of the Bank of Israel Amir Yaron, left, presents the central bank's annual report to President Reuven Rivlin, April 6, 2021 (Mark Neyman, GPO)
April 6, 2021, 4:11 pm
Stable government, budget needed for Israel to exit crisis – central bank chief
Bank of Israel governor Amir Yaron says taxes will need to be raised to curb debt, but not this year; monetary policy to stay expansionary
By Shoshanna Solomon
Israelis enjoy the day in Wolfson Park, outside of Tel Aviv, during the Jewish holiday of Passover, March 31, 2021. (Miriam Alster/FLASH90)
March 31, 2021, 8:21 pm
Active COVID-19 cases drop to lowest level since June 2020
With economy open and most Israelis vaccinated, number of serious infections dips under 400, hitting three-month low
By TOI staff
Bank of Israel Governor Amir Yaron, speaking at the Eli Hurvitz Conference on Economy and Society organized by the Israel Democracy Institute, December 17, 2019 (Michal Fattal)
March 31, 2021, 12:00 pm
Israel may need tax hike to cut virus-swollen debt, Bank of Israel says
Pandemic spotlights absence of economic safety net that can be rolled out quickly when needed, central bank says, and lack of adequate data infrastructure for targeted assistance
By Shoshanna Solomon
Israelis at the art market on Nahalat Binyamin Street in Tel Aviv, on March 30, 2021. (Miriam Alster/Flash90)
March 30, 2021, 9:34 pm
S&P says Israeli political instability not affecting credit rating… yet
Ratings agency warns ‘fiscal risks could build’ if continued gridlock in Knesset hampers government’s ability to rein in spending
By TOI staff
Microsoft's new campus in Herzliya, Israel, inaugurated in Nov. 2020 (Amit Geron)
March 30, 2021, 12:40 pm
Microsoft reportedly seeking to invest over $1 billion in Israel
According to Globes, tech giant’s CEO Satya Nadella earlier this month informed Netanyahu of expansion plans including a new data center and chip R&D
By Shoshanna Solomon
View of the Tel Aviv Stock Exchange, December 25, 2018. (Adam Shuldman/Flash90)
March 24, 2021, 3:02 pm
Investors yawn at election stalemate as focus stays on pandemic, global markets
‘People have gotten used to the fact that this is how it is here, and believe that in the end things will work out,’ says capital markets strategist at Bank Leumi
By Shoshanna Solomon
The Daily Briefing
March 18, 2021, 1:53 pm
Podcast: Daily Briefing Mar. 18 – The future is now: An Israeli artificial womb
Tune in Sunday through Thursday to hear ToI editors and reporters quickly catch you up on what’s important today
By TOI staff
Israelis at a cafe in Tel Aviv on March 11, 2021. (Miriam Alster/FLASH90)
March 18, 2021, 12:12 pm
As economy reawakens, fears of sluggish rebound for labor market linger
Ministry offers grants to encourage furloughed employees to return to work; former Bank of Israel head Karnit Flug warns that tackling unemployment is key to recovery
By Shoshanna Solomon
Israelis at bars in Jerusalem's Mahane Yehuda market on March 12 2021. (Olivier Fitoussi/Flash90)
March 12, 2021, 10:45 pm
Restaurants fully booked as Israelis flock back after year of restrictions
Some places reporting 10-day waiting lists for a spot; credit card use jumps after eateries, cafes reopen
By TOI staff
A Bank Hapoalim cash machine. (Yonatan Sindel/Flash90)
From the WebMarch 11, 2021, 9:49 am
Israel’s Bank Hapoalim moves fourth quarter profit, loan deferments sink
Reuters: Israel’s largest bank earned NIS 915 million ($267 million) in the October-December period, compared with a net loss of NIS 629 million in the fourth quarter of 2019
The office of the future, as imagined by Rotem Kenan & Maya Schuldenfrei for Check Point, which rounds the shape of the open space (Courtesy)
March 7, 2021, 12:36 pm
With work-from-home here to stay, what will become of the office?
Cybersecurity firm Check Point selects 3 winners in design competition to tackle workplace changes wrought by the pandemic, saying all companies should get on board
By Shoshanna Solomon
Bank of Israel Governor Amir Yaron, speaking at the Eli Hurvitz Conference on Economy and Society organized by the Israel Democracy Institute, December 17, 2019 (Michal Fattal)
From the WebFebruary 22, 2021, 5:18 pm
Bank of Israel holds key rate at 0.1%, concerned over new COVID-19 variants
Reuters: The nation is emerging from a third lockdown of nearly two months that the central bank says had a more moderate impact on the economy than previous rounds
Fiverr employees at work in its Tel Aviv offices, August 6, 2017 (Shoshanna Solomon/Times of Israel)
February 18, 2021, 12:54 pm
Propelled by pandemic, Fiverr reports 77% jump in 2020 revenue to $190 million
The company, which connects businesses with freelancers offering digital services, posts net loss of $14.8 million for the year; sees strong 2021 sales growth
By Shoshanna Solomon
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