ECONOMY

Teva had been in talks to sell its active pharmaceutical ingredients activity but a deal never materialized.

Workers are flocking from Intel to Nvidia, but overall the manpower shortage is constraining the growth of Israel's vital technology sector.

Between 2013 and 2023 there was a decline in the proportion of employees with high psychometric scores who joined the public sector, the Ministry of Finance Commissioner of Wages has found.

As the daycare bill passes through the Knesset, the Ministry of Finance budget division has presented serious objections to its ramifications.

Representatives of Israel development centers of global tech giants say the critical ‘red line,’ in which tech workers in Israel are more expensive than in Silicon Valley, must not be reached.

Israel’s fiscal deficit for the twelve months to the end of May fell to the lowest since the outbreak of the war in October 2023.

The Houthi rebel group in Yemen says Israeli ships and ships associated with Israel will be considered military targets.

The average wage in April was 4% higher than in April 2025, though  lower than in March.

Ministry of Finance officials oppose the initiative, which would cost the state an estimated NIS 6-7 billion annually in revenues.

The Ministry of Defense debts to Israeli defense manufacturers recently exceeded the NIS 10 billion threshold, “Globes” has learned.

The amount of tax collected so far has fallen well short of the NIS 2-3 billion the Tax Authority had expected.

EU ambassador to Israel Michael Mann justifies sanctions on human rights violators, but admits that Europeans underestimate the trauma of October 7.

The organization predicts that the rebound from the war with Iran will come in 2027, with economic growth of 5.6%, and calls for "rebuilding fiscal buffers".

Governor of the Bank of Israel Amir Yaron told the Eli Hurvitz Conference that the shekel's appreciation could depress inflation, justifying interest rate cuts.

34,454 tech employees lost their jobs over the past month in Israel. Companies are blaming AI and the strength of the shekel against the weakening US dollar, but that’s not the full picture.

The alarming under-achievement of Israeli school students will have dire economic and social consequences unless decisive action is taken now, warns Yeholot CEO Yardena Bagantz.

In a third revision, the Ministry of Finance now sees Israel's economy growing by 4% this year, although this is still well below its forecast before hostilities began with Iran and Hezbollah.

Companies are profitable, demand is high, but the race is on to become leaner and more agile, and the current wave of layoffs is the result.

The Israeli technology company will cut 10% of its workforce worldwide including hundreds in Israel, “Globes has learned.”

In confirming that the company is laying off 20% of employees, Avishai Abrahami wrote, “A very meaningful portion of our costs are shekel-denominated, while our revenue is largely dollar-denominated.”

"Globes'" exposure of the Tax Authority's plans for keeping tech companies taxable in Israel has drawn fierce responses and dire warnings, although not everyone objects.

The Israeli company, which has developed an enterprise data security platform, says it is fully embracing the changes brought about by AI.

Governor of the Bank of Israel Amir Yaron explains to "Globes" what made an interest rate cut possible, amid continuing risks.

A bill, described by opponents as draconian, will if enacted require tech unit veterans to pay tax in Israel for 10 years, even if working abroad, and domicile companies they found in Israel.

The Bank of Israel has cut the rate for the third time since November 2025.

Water meter tech company Arad has transferred production to Spain, Italy, and Mexico. Manufacturers Association president Avraham Novogrotzky says this is a sign of things to come.

A study by Phoenix Financial finds that lower interest rates will not be enough to make a home purchase attainable for the average Israeli household.

The move is designed to curb the monopoly of the banks in credit to small and midsize businesses and boost competition.

Former accountant general Yali Rothenberg explains why Israel's macro success fails to percolate through to everyday life, and what to do about it.

20% of the workforce in Israel, will be transferred to new jobs in teams dealing with the development of AI, “Globes” has learned.

With the Knesset election being brought forward, the tight timetable will not allow the measure to proceed.