Spike missile credit: Rafael Netherlands to procure Rafael's Spike LR2 missiles

The Netherlands Army has announced it will procure more than 200 medium-range anti-tank missile launchers for an investment of as much as €250 million.

Shekels credit: Shutterstock Vladerina32 Shekel rebounds in volatile forex market

Poria Financial Planning chairman Or Poria: We see the shekel strengthening in the long term.

IMCO propulsion system for armored vehicle credit: Ministry of Defense Publicly traded Israeli defense companies see boom in orders

War at home and abroad has boosted the share prices of defense companies traded on the Tel Aviv Stock Exchange.

Ilya Sutskever credit: Cadya Levy Ilya Sutskever raises $1b for AI co SSI - report

SSI will focus on building a small highly trusted team of researchers and engineers in Palo Alto and Tel Aviv, company executives have told "Reuters."

Real estate value credit: Shutterstock Justice Ministry mulls abolishing betterment levy

Discussions are underway on reform of the real estate tax, which has become a bureaucratic monster.

Shekel depreciates credit: Tali Bogdanovsky Shekel sharply weaker in wake of Wall Street falls

Mizrahi Tefahot Bank chief economist Ronen Menachem: The hostage deal uncertainty and judicial reform talks also weaken the shekel but Smotrich's 2025 deficit plans could offset the depreciation.

Average wage in Israel credit: Shutterstock Rita Kapitulski Israel's average monthly wage still rising

In July 2024, the average wage in Israel was NIS 13,683, up 6.7% from July 2023, the Central Bureau of Statistics reports.

Norway wealth fund CEO Nicolai Tangen credit: Reuters Norway fund under growing pressure over Israel

Norway's sovereign wealth fund is considering toughening the ethical criteria for its investments, and disinvesting from more global companies connected to Israel's war in Gaza, "Reuters" reports.

Intel Haifa development center credit: Shutterstock Israeli from start to finish: Intel unveils Lunar Lake CPUs

The new processors for personal computers, development of which was managed by an Israeli team in Haifa, incorporate an AI engine.

Augmented reality credit: Shutterstock 90 laid off in Israel as Meta trims metaverse program

The layoffs, which were delayed because of the October 7 massacre, took place in January.

Slicing up the public pie credit: Shutterstock Treasury mulls plan to hike VAT to 18.5%

The government has already approved raising VAT to 18% from January 1, 2025 as part of a special budget that was passed after the start of the war.

Minister of Finance Bezalel Smotrich credit: Noga Melsa Smotrich's 2025 budget plan: Tough measures to pay for war

Finance Minister Bezalel Smotrich aims to narrow the deficit with a freeze on public sector pay, pensions and allowances, and higher income tax for the lowest tax bracket.

Menora Mivtachim chairman Eran Griffel and CEO Michael Kalman credit: Guy Hamui and Nati Levy Menora Mivtachim renews pursuit of Isracard

The Israeli insurance and finance firm is offering to buy a 32% controlling core in the credit card company.

Guy Amosi credit: Lilach Baram Uncertainty stymies Israel's office real estate market

Avison Young Israel CEO Guy Amosi says companies prefer to wait and see before expanding office space but says there will be a boom after the war.

Minister of Finance Bezalel Smotrich credit: Noam Moskovitch Knesset Spokesperson Smotrich touts restrictive 2025 deficit target

Discussions on the 2025 budget have resumed, but government sources question whether the minister of finance and the prime minister are in step.

Cousins Shmuel Harlap (left) and Ephraim Shpitalni credit: Tamar Matsafi, company presentation Couple set to pocket NIS 340m from finance co sale

Adv. Ephraim and Odelia Shpitalni own 60% of Gamla Harel, which Harel Insurance has offered to buy at a NIS 560 million valuation.