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ECONOMY

Doha skyline  credit: Shutterstock Diamond agreement brings Israel and Qatar closer

Qatar plans a free trade zone for diamonds and gold, and needed Israeli consent to join the countries entitled to trade in diamonds.

Mansour Abbas  credit: Noam Moskowitz, Knesset Spokesperson's Office Five-year plan for Israeli Arab population launched

Ra'am leader Mansour Abbas: The time is past in which we were a statistic without influence in Israeli politics.

Andrew Abir  credit: Lior Mizrahi BoI deputy governor: Inflation not a concern right now

Andrew Abir tells "Globes" that the Bank of Israel can afford to maintain an expansionary monetary policy.

Karine Elharrar Photo: GPO Kobi Amsalem Israel and Jordan sign water for energy deal

Jordan will export to Israel 600 megawatt of 'green' electricity and Israel will consider exporting up to 200 million cubic meters of desalinated water to Jordan.

Amir Yaron Photo: Yonatan Bloom Bank of Israel leaves rate unchanged

This decision was expected after the lower than forecast October Consumer Price Index (CPI) rise of 0.1%, which reduced the pressure to raise the interest rate.

Amir Yaron  credit: Jonathan Bloom Pressure eases for Bank of Israel interest rate hike

With inflation moderating and the shekel at peak strength, analysts see the Bank of Israel's expansionary policy continuing for a while yet.

Eran Yaacov Photo: Israel Bar Association Spokesperson C'ttee proposes ending reporting exemption for new immigrants

Israel's Committee on Amendments to International Taxation recommends canceling the exemption from reporting on foreign income and assets for new immigrants and returning residents.

Eran Yaacov C'ttee proposes clearer residence rules, taxing digital currency

"Globes" has obtained the recommendations of the the Committee on Amendments to International Taxation.

Leviathan rig Photo: Marc Sellem Jerusalem Post Israel's Sovereign Wealth Fund to begin operating mid-2022

The Fund, which will invest surplus profits from natural resources, was due to begin operating in 2018, but profits have been lower than expected.

Yair Golan  credit: Oron Ben Hakun Israel to have new work safety authority

To fix Israel's atrocious record, Deputy Minister of the Economy Yair Golan is promoting a single authority covering all aspects of safety at work.

Car import delays cut Israel's Q3 growth

Israel's GDP grew by only 2.4%, on an annualized basis, in the third quarter of 2021, according to the first estimate of the Central Bureau of Statistics.

Automatic large plastic bottle banks scarce despite Deposit Law

In two weeks a deposit will be charged in Israel on large plastic drink bottles but few automatic bottle banks have been deployed.

Supermarket shopping photo: Kadya Levy CPI up only 0.1% in October, housing prices up 0.7%

Over the past 12 months, the Consumer Price Index has risen 2.3% and housing prices have risen 9.9%.

Job center Rishon Lezion Photo: Aviva Gantzer Unemployment in Israel back on the rise

In the second half of October, unemployment rose to 5.6% from 5.1% in the first half of the month, the Central Bureau of Statistics reports.

Ministry of Finance Photo: Rafi Kutz Treasury revises Israel 2021 growth forecast up to 7.1%

Israel's Ministry of Finance has revised Israel's growth forecast for 2021 upwards from 5.5% to 7.1%.

Avigdor Liberman at Real Estate Appraisers Convention  credit: Itamar Saida Liberman sees housing prices up 11% this year

Minister of Finance Avigdor Liberman: We'll close the gap between supply and demand within three to four years.

Prof. Daniel Hershkowitz Photo: GPO Haim Zach Report: 6,500 civil service jobs to become obsolete

A report prepared by Israel's Civil Service Commission sees 15% of civil service jobs soon becoming obsolete due to digitalization.

shekel  / Photo: Shutterstock, Shutterstock.com The shekel: What's changed between 2008 and now?

The Bank of Israel's reasons for foreign currency purchases are different from what they were in the global financial crisis, leading to a different outlook.

High-tech office Photo: Shutterstock Can Palestinians ease Israel's tech employee shortage?

Israel wants to issue permits for 500 Palestinian tech employees but there is little enthusiasm, with many preferring the 'remote' employment status quo.

traffic jam  photo: Shutterstock, ASAP Creative There's money, but road congestion solutions will take time

After two lost years, the Transport Ministry has its biggest budget ever. It will mostly go to public transport.

Hospital  credit: Einat Lavron Health, transport, food: How the budget affects our lives

Queues at clinics and traffic jams won't disappear tomorrow, but the 2021-2022 budget contains important long-term measures.

Naftali Bennett boards the plane to Scotland  credit: Haim Zach, GPO The climate crisis is about now, not 2050

Like other leaders, Naftali Bennett is avoiding real action in the hope that future technologies will come to the rescue.

Shekels Photo: Shutterstock Why is the shekel so strong?

Four factors that are making the shekel appreciate, yet keeping the Bank of Israel on the sidelines.

Why do we need the digital shekel?

"Globes" discusses the reasons the Bank of Israel might issue digital shekels and the advantages and drawbacks for the public and banks.

Michal Braverman-Blumenstyk / Photo: Yossi Zaliger PR Bring Israeli tech brains back home

Repatriating just 10% of the Israeli techies based abroad will solve the industry's manpower problem, but it will take serious planning,  says Michal Braverman-Blumenstyk.

Yamit Naftali Photo: Daniel Shitreet Israel must meet its target for reducing methane emissions

Only through investment in innovative solutions together with regulatory support and budgetary planning based on a long-term economic model, will Israel achieve its ambitious target to reduce methane emissions.

Kibbutz Amiad Photo: Eyal Izhar Kibbutzim successfully embrace the capitalist spirit

With businesses worth billions and investors waiting in line, in the last six months alone 10 kibbutz companies have been sold for hundreds of millions of dollars.

New immigrants / Photo: Sasson Tiram How to encourage tech aliya

The government plans to fill Israel's technology worker shortage from the Diaspora. "Globes" offers some tips.

Globes Israel's Growth Champions Call for Entries: Globes ranks Israel's Fastest Growing Companies


Globes and international business data company Statista are seeking the Israeli companies with the fastest rate of revenue growth from 2017-20.

40 Under 40 Efrat Levy Globes 40-Under-40 seeks Israel's most promising young leaders

"Globes" Israel Young Leadership project, 40-under-40, is underway and registration is open for all those who see themselves as worthy contenders.

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