Posts Tagged: Israeli economy
Mitsubishi Enters Commercial Agreement With Israeli Car Data Broker Otonomo
CTech - Israeli-based car data broker Otonomo Technologies announced Monday it has entered a commercial agreement with auto company Mitsubishi Motors. The financial terms of...
Startup Employees Make Double the Average Israeli Wage, Report Says
CTech - The average monthly wage of a startup employee in Israel is NIS 20,000 (approximately $5,780), twice as much as the country’s general average...
The Israeli Economy’s Greatest Growth Generator Is Also its Biggest Enemy
CTech - On Sunday, Israel’s Central Bureau of Statistics (CBS) published economic data for the third quarter of 2019, revealing the Gross Domestic Product (GDP)...
Israel Innovation Authority to Encourage Institutional Investments in Tech with $4.3 Million Program
CTech - The Israel Innovation Authority, the government's tech investment arm, will invest NIS 15 million ($4.3 million) to promote investments by Israeli institutional investors...
Clashes With Gaza Are Still Ongoing, But History Shows Their Effects on Israel’s Economy Will Likely Be Minimal
CTech - On Tuesday, large parts of Israel were paralyzed with many businesses shut down by order of the Israeli Home Front Command due to...
Israel’s Business, Commerce Center Partly Shuts Down Following Missile Threat
CTech - An Israeli airstrike on Gaza Monday night that killed Islamic Jihad commander Bahaa Abu al-Atta ignited border conflict yet again, leading Israel’s south...
With $2.24 Billion in Funding in a Single Quarter, Israeli Tech Companies Set a Six-Year Record
CTech - Israel-based or linked companies raised $2.24 billion across 142 deals in the third quarter of 2019, more than in any quarter since 2013,...
IMF Cuts Israel’s Growth Forecast for 2019, Again
CTech - Bad news for the global economy and for Israel — the International Monetary Fund cut its global growth forecast for 2019 yet again,...
Tourist Entries to Israel in September Increased by 44 Percent Year-Over-Year
CTech - Approximately 405,000 tourist entries into Israel were recorded in September, 44 percent more than in September 2018 and 46 percent more than September...
The Morning After the Election: Stability Is a Major Challenge
CTech - Israel’s most immediate needs are unrelated to the identity of its next prime minister. They have already been discussed, identified, and detailed in...
High Costs Mean Many Israelis Live Beyond Their Means
CTech - Half of all adult Israelis have good credit scores, on paper. But that does not mean they are managing to keep their head...
Tel Aviv University Among 10 Best Undergraduate Programs for Entrepreneurs Globally
CTech - Tel Aviv University (TAU) is the eighth-best global undergraduate program in terms of producing venture capital-backed entrepreneurs, according to the Pitchbook University 2019...
Israelis Pay More for Basic Necessities
CTech - Ahead of the country’s general election set for September 17, the Israeli government has been boasting lower prices of goods and services, allegedly...
Fitch Affirms Israel’s A+ Rating, Citing Strong Growth
CTech - On Thursday, Fitch Ratings affirmed Israel's long-term foreign-currency issuer default rating of A+, with a stable outlook. In early August, Standard & Poor's...
