The Israel Innovation Authority (IIA) launched a competitive proceeding to establish new high-tech incubators with up to a 40 million Sheke...

Israel is set to increase its defence budget by 42 billion shekels over the next two years to address escalating security challenges. The a...

Israel’s twin conflicts in Gaza and Iran have pushed its defence spending to historic highs, with the country now burning through over $725...

Israel's Ministry of Defense and the IDF Home Front Command have signed an agreement with the Ministry of Finance to build about 10,000 new...

Israeli cabinet ministers are set to vote on the 2025 wartime budget, aiming to control spending and increase taxes to fund military confli...

Fitch downgraded Israel's credit rating to "A" from "A-plus" due to escalating geopolitical risks and prolonged conflict in Gaza. The agenc...

Bank of Israel Governor Amir Yaron supported forming a committee to scrutinize Israel's defense budget, emphasizing that the ongoing war do...

Reserves in November stood at $198.169 billion and rose in December mainly due to a revaluation that increased the reserves by $5.4 billion...

Briefing lawmakers, the ministry's deputy budget commissioner Itai Temk in said the war was expected to stretch at least two months into 20...

The activity, they said, "exceeded the short-selling that occurred during numerous other periods of crisis" such as the 2008 financial cris...

Half of the cost would be in defence expenses that amount to some 1 billion shekels a day. Another 40-60 billion shekels would come from a ...

Israel's security cabinet decided to take money from tax revenues it transfers to the Palestinian Authority and set it aside for Gaza. Furt...

Five-year credit default swaps, which pay the owner in the event of an bond issuer defaulting, have risen to 93 basis, well above Friday's ...

The central bank said it would sell as much as $30 billion and extend up to $15 billion through swap mechanisms as part of an unprecedented...

The shekel had already weakened by 10% so far in 2023 to a rate of 3.86 per dollar on political turmoil, and on the heels of what is expect...

The surprise attack by Hamas on Israel has had a significant impact on Middle East markets, with stocks falling and creating a volatile wee...

Disgraced former prime minister Ehud Olmert today became Israel's first ex-premier to be jailed as he began serving a 19-month sentence.