ECONOMY

In its worst-case scenario, the Bank of Israel Research Department sees Israel's GDP shrinking 6.5% in 2020 and very low growth in 2021.

The soon to be signed agreement was delayed because of Korean political concerns that have been removed by Israel-UAE normalization.

The employees, representing 7% of the bank's work force, will take voluntary early retirement by the end of 2021.

Targets for power production from renewable resources are not being met, while the Transport Ministry has failed to curb private car use.

Prico: The exchange rate is threatening growth in the Israeli economy and encouraging tech companies to look abroad.

In the second half of September the unemployment rate rose to 17.1% nearly double the 9.7% from the first half of the month due to the lockdown, the Central Bureau of Statistics reports.

The rating agency sees the downward pressure on prices in Israel as short-term.

The joint declaration was accompanied by a series of memoranda on economic cooperation.

Minister of Environmental Protection Gila Gamliel is extending the law to 1.5 liter drink bottles because manufacturers have not met their recycling targets.

When failures happen, long-term reputation counts for more than apologies.

Israel's GDP contracted by 28.7%, on an annualized basis, in the second quarter of 2020, according to the third and revised estimate of the Central Bureau of Statistics.

Prime Minister Benjamin Netanyahu: We must to be cautious in exiting from this lockdown, to avoid a third one.

Israel's Finance Ministry is allowing the self-employed to withdraw from private pension funds. Insurance Agents Association: It's a disgrace to call savings unemployment pay.

Israeli tech companies are on course for another record capital raising year in 2020 but seed funding for early stage startups is drying up.

The central bank has lowered the leverage ratio requirement "to allow banking corporations the business flexibility required at this time."

Minister of Finance Israel Katz is pressing for small businesses to be allowed to open.

This is an improvement on the IMF's forecast in June of a 6.3% contraction of Israel's GDP this year.

For the second successive year, Transparency International ranks Israel in its highest category for enforcement against bribery of foreign officials.

The deficit has widened even though the government has only handed out half of the amount allocated to boosting the business sector because of the crisis.

Minister of Finance Israel Katz has reacted to the criticism leveled at him over Keren Terner's resignation with a Facebook post.

After five months as Ministry of Finance director general Terner is leaving following disputes with Israel Katz and the political paralysis on the budget.

Minister of Environmental Protection Gila Gamliel and Petah Tikva Municipality draw up battle plans. Can Israel eradicate the formidable Formosa subterranean termite?

With the coalition partners locked in a power struggle, Israel's economy is the loser.

More Israeli tech companies are raising large financing rounds at "double unicorn" valuations. Is a tech bubble forming?

Some managers are toxic most of the time; most managers are toxic some of the time. How to deal with them?

Planning authorities are being asked to approve six new marinas for luxury yachts because of an acute shortage of berths.

UAE Minister of Economy Abdulla bin Touq al Marri waxes enthusiastic about the possibilities that the peace agreement with Israel opens up.

Prof. Erika James, the first woman and person of color to become dean of the Wharton School tells "Globes that diverse cultures and people in an organization breeds innovation.

In some ways, Bahrain holds greater potential than the UAE for Israeli business, but the great prize is the connection to its powerful neighbor.

The Israel Innovation Authority Advanced Manufacturing Division has the mission of injecting innovation into Israel's traditional industries.

NASA's experience in overcoming astronauts' sense of isolation holds lessons for managing teams working remotely.