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Ministry of Economy and Industry

An illustrative view of the city of Haifa and the Haifa Port. (liorpt via iStock by Getty Images)
July 20, 2022, 11:10 pm
Israeli exports projected to reach record high of $165b in 2022
Economy Ministry says exports of goods and services up 15% from last year; services, led by tech sector, expected to exceed goods for second consecutive year
By Ricky Ben-David
Illustrative: A man shops for bread in a supermarket in Jerusalem. (Orel Cohen/Flash90)
July 15, 2022, 5:29 pm
Major supermarkets freeze bread price hike, as government scrambles for solution
Lapid to hold ‘urgent’ meeting to develop strategy to deal with planned 20% rise in the cost of bread products
By ToI Staff
White sliced bread seen at the Angel Bakeries Factory in Jerusalem, August 16, 2010. (Abir Sultan/Flash90/File)
July 13, 2022, 10:34 pm
Government announces 20% rise in price of regulated bread
Affected products include sliced and unsliced white and dark loaves, challah; economy minister vows to lower prices once cost of raw materials goes down
By Tobias Siegal
German pharmaceutical giant Bayer's logo at the company's Berlin headquarters, May 2016. (brunocoelhopt via iStock by Getty Images)
June 29, 2022, 9:30 pm
Pharma giant Bayer to set up cybersecurity center in Israel
German multinational to operate large local cyber unit tasked with creating partnerships with local tech ecosystem
By Ricky Ben-David
An undated aerial picture of the Mekorot water company's Shafdan wastewater treatment plant in Rishon Lezion, central Israel. (Mekorot)
June 20, 2022, 12:15 pm
Italy scouts for Israeli water tech as drought concerns mount
Largest delegation of Italian water utility companies wraps up visit to Tel Aviv and Jerusalem to learn from Israel’s water successes
By Ricky Ben-David
A man walks in front of a billboard for Egyptian President Egyptian President Abdel-Fattah el-Sissi, with Arabic that reads 'Long live Egypt,' at the annual Cairo International Book Fair, in Cairo, Egypt, Thursday, Jan. 27, 2022. (AP Photo/Amr Nabil)
May 29, 2022, 7:03 pm
Israel, Egypt to boost economic ties, step up bilateral trade to $700m
Economy Ministry says countries to develop commercial crossing as joint employment area, engage in R&D cooperation, and increase economic activity
By Ricky Ben-David
Israeli Minister of Innovation, Science and Technology Orit Farkash Hacohen (left) meets with visiting Canadian Minister of International Trade Mary Ng, March 15, 2022. (Ministry of Innovation, Science and Technology)
March 16, 2022, 5:38 pm
Canadian trade minister lauds ‘productive’ Israel trip, touts science, tech collab
Mary Ng wraps up three-day visit following meetings with Israel ministers of economy and innovation
By Ricky Ben-David
Finance Minister and Yisrael Beytenu party chairman Avigdor Liberman speaks during a faction meeting at the Knesset, on January 31, 2022. (Yonatan Sindel/Flash90)
January 31, 2022, 4:57 pm
Liberman slams ‘cynical’ food price rises, defends hike in fuel and electricity cost
Finance minister claims Israel experiencing ‘mildest price rise in the world’; Bennett, Lapid, Liberman said set to discuss handouts to businesses
By ToI Staff
People shop at a supermarket branch in Givat Shaul, Jerusalem, October 27, 2021. (Yonatan Sindel/Flash90)
January 30, 2022, 9:13 pm
Finance, economy ministries warn major food companies against price hikes
Ministries threaten to ‘take the required steps to secure a fair, competitive economy,’ in letters to Osem, Strauss and 5 other food firms
By Ricky Ben-David
A flag of the United Arab Emirates in flies in Dubai. (typhoonski via iStock by Getty Images)
January 23, 2022, 3:27 pm
Israeli startups head to Dubai to tout medical, health technologies
Thousands of entrepreneurs, healthcare professionals from across region to gather at Dubai World Trade Center for major health conference
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
Prime Minister Naftali Bennett speaks with Economy and Industry Minister Orna Barbivai at the Knesset on October 11, 2021. (Yonatan Sindel/Flash90)
January 2, 2022, 7:49 pm
Government approves planning and construction reform in business sector
PM Bennett and Economy and Industry Minister Orna Barbivai announce shortened approval process, new center to issue building permits
By David Brummer
Japan’s Trade Minister Hiroshige Seko speaks during an exclusive interview with The Associated Press at his office in Tokyo Thursday, Aug. 23, 2018; (AP Photo/Eugene Hoshiko)
January 14, 2019, 12:16 pm
Mitsubishi, other Japanese firms visit Israel to strengthen business ties
Japanese investments in Israel total some $3.5 billion over the past five years, Israel’s Economy Ministry says, as senior delegation, including minister, arrives
By Shoshanna Solomon
Ultra-Orthodox men (illustrative photo: Yehoshua Yosef/Flash90)
July 31, 2018, 11:14 am
Israel boosts funding for ultra-Orthodox tech entrepreneurs
A similar program will be announced for Arab Israeli entrepreneurs, Innovation Authority says; aim is to increase participation of minorities in booming startup scene
By Shoshanna Solomon
Aharon Aharon, CEO of Israel Innovation Authority, at a conference in Tel Aviv (Courtesy Ofer Vaknin)
January 10, 2018, 2:36 pm
Israel sets incentives to boost R&D and manufacturing in periphery
New companies or established firms building manufacturing facilities in renewable energy, nanotechnology, biotechnology, and IoT, will now qualify for grants
By Urvashi Verma
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