Benjamin Netanyahu and Bezalel Smotrich credit: Ronen Zvulun Reuters IMF halves Israel's 2024 growth forecast

The International Monetary Fund sees Israel GDP growth of just 1.6% in 2024.

KPMG's Ilanit Adesman and Ofer Golan credit: Tamar Matsafi and Cadya Levy Private cos challenge central banks on digital currencies

At the Globes Tech IL Conference, KPMG Israel senior executives provided insights into the dramatic race to provide digital currencies.

Entitle founders Ron Nissim and Avi Zetser credit: Dima Kremenitsky BeyondTrust buys Israeli access security co Entitle for $150m

Tel Aviv-based Entitle has developed a privilege management solution that discovers, manages, and automates just-in-time (JIT) access and identity governance.

Meytal Vaizberg talks to Sarit Firon and Hamutal Meridor credit: Tamar Matsafi "World sentiment is not in our favor"

Team8 Capital managing partner Sarit Firon and Vintage partner Hamutal Meridor told the Globes Tech IL Conference about the difficulties of raising investment during the war.

Governor of the Bank of Israel Amir Yaron credit: Yonatan Bloom Analysts turn pessimistic on interest rate cut prospects

The March CPI reading was higher than forecast, but that is not necessarily the main reason for estimating that an interest rate cut by the Bank of Israel is not imminent.

Inflation credit: Tali Bogdanovsky Inflation back on the rise, housing prices rising again

Israel's Consumer Price Index rose 0.6% in March, higher than expected, while apartment prices rose for the third consecutive month.

Snappy founders Hani Goldstein and Dvir Cohen credit: Elad Malka Gift platform Snappy raises $25m as valuation halved

The financing round was completed at a company valuation of $180-200 million, half of the $400 million valuation given to Snappy when it raised $70 million in 2021.

Shekels credit: Shutterstock Vladerina32 Shekel stronger in volatile trading

The Israeli currency appreciated strongly this morning but gave up much of the gains, after today's representative rate was set, on US reports that Israel might retaliate today for Iran's attack.

easyJet credit: Michal Raz-Haimovich easyJet suspends Israel flights until October

While many airlines are resuming flights, UK low-cost carrier easyJet has announced a halt in flights until October 27.

Yishai Davidi credit: Yonatan Bloom FIMI sells Orbit Technologies shares to institutions

The sales, for a total of NIS 100 million, were chiefly to More Investment House and Meitav. Private equity firm FIMI remains the controlling shareholder.

Cars ready for export from Turkey in 2023 credit: Shutterstock Could car exports to Israel be Erdogan's next target?

Turkey is the fourth largest source of vehicles imported into Israel. Trade relations with China are looking less rosy as well.

Vision credit: Eyal Fischer RevitalVision announces success in new trials

RevitalVision's products treat certain eye conditions by retraining the brain.

SouthUp CEO Gil Shwarsman credit: PR Gaza border's SouthUp incubator resumes operations

The Negev tech incubator has also established an impact fund for new startups to help with the rebirth of the region.

Elbit Systems products credit: Tali Bogdanovsky Iran boosts Israel's defense industry

Sigma CEO Yair Shani: Iran has done excellent sales promotion for Israel's defense companies.

New housing in Israel credit: Shutterstock Housing deals in Israel show signs of recovery

In February 2024, 7,490 homes were sold, according to the Central Bureau of Statistics, up 27.4% from February 2023.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Tel Aviv, Or Yehuda, Elad, Pardes Hana-Karkur, Nof Hagalil and Beersheva.