$12.4B Paid to Israelis, Businesses in War Compensation Since Oct. 7 Attack
The Israel Tax Authority announced $12.4 billion ($38.3B NIS) in war compensation has been paid to Israelis and businesses since the Oct. 7 Hamas attack.
Economy
Tel Aviv Stock Exchange Bets Big on Foreign Investors, Targets 15%-18% Growth
Tel Aviv Stock Exchange (TASE) CEO Ittai Ben Zeev unveiled a new strategic plan in Tel Aviv, targeting 15%-18% growth by 2031 through increased foreign.
Tel Aviv Stock Exchange Market Value Tops $1 Trillion
The Tel Aviv Stock Exchange (TASE) reached a $1 trillion market value for the first time, significantly outperforming global benchmarks during the Hebrew year.
As Israels EV Adoption Plunges, Government Warns of Economic Costs
Israel's EV adoption has sharply declined, prompting the Energy Ministry to warn of billions in economic costs without intervention. Tax hikes and poor.
Israels Economy Expands Despite War, Inflation Falls to 1.5%
Israel's Finance Ministry reports the economy expanded 3.2% in H1 2026, with inflation dropping to 1.5% and foreign investment reaching $26 billion despite war.
Survey Finds Heavy Financial Toll of War on Israeli Households and Reservists
A new survey commissioned by the IFCJ in Jerusalem found 42% of Israeli households experienced worsening finances since the Oct. 7, 2023 war, especially.
The government today approved our new five-year plan for the development of Eilat and the Eilat region, amounting to approximately NIS 360 million. Eilat and the Eilat region are the southern pearl of the State of Israel
Israeli government approves NIS 360 million five-year plan to develop Eilat region, boosting healthcare, infrastructure, and tourism.
Bank of Israel Buys $801 Million in Forex Amid Shekel Volatility
The Bank of Israel purchased $801 million in foreign currency in May to stabilize the shekel amid its volatility, pushing reserves to a record high in Israel.
Bank of Israel Cuts Interest Rate to 3.75% on Strong Shekel and Easing Inflation
The Bank of Israel, led by Gov. Prof. Amir Yaron in Jerusalem, reduced its key interest rate to 3.75% amid a strong shekel and moderating inflation.
El Al Posts First Quarterly Loss Since 2023 Amid War and Weakening Dollar
El Al posted a $67 million net loss in Q1 2026, its first since 2023, primarily due to the war with Iran and a 40-day closure of Israeli airspace.