Economy

Insurance companies' profits surged this quarter to NIS 2.85 Billion

Phoenix and Menora Mivtachim led a 20% Q2 profit surge to NIS 2.85B across Israel's top insurers, prompting raised business targets and major dividend payouts.

A record-breaking quarter for insurance: Profits soar to NIS 2.85 billion as market leaders double down on ambitious target growth.
US President Donald Trump reacts as he speaks to the media with US Treasury Secretary Scott Bessent behind him, on the day of a NATO leaders' summit in Ankara, Turkey, July 8, 2026.

Strategy or physical withdrawal: What does Washington’s shift from airstrikes to sanctions signify?

US Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, DC, US, August 20, 2026.

Treasury Secretary Bessent says US entering 'endgame' with Iran, will sever economic lifelines

An Iranian woman shops in a local market in Tehran, Iran, April 28, 2026

Iranian worker’s suicide attempt exposes Islamic regime's economic crisis, expert says


Amid shekel-dollar crisis: Hi-tech sector gains strength as Israel's main export with 58% in 2025

The trend is driven mainly by the sector's dominance of Software-as-a-Service (SaaS) projects, which export these services overseas and are highly dependent on foreign-currency income.

Evening view of the Tel Aviv skyline. October 26, 2025.

Russia's sinking economy leads Kremlin to aggressively seek Western tech, war secrets - report

Some European intelligence officials suggest that the aggressive measures Russia is taking to procure Western technology and defense secrets may be due to the state of its economy.

Russian President Vladimir Putin attends a meeting with Amur Region Governor Vasily Orlov in Moscow, Russia March 2, 2026

EU Ambassador Mr. Michael Mann and his senior team visit Ashdod port

Ashdod Port hosted a senior delegation from the European Union this week, headed by the EU Ambassador to Israel, Michael Mann.

From right: Shaul Schneider, Chairman of Port of Ashdod; the European Union Ambassador; and Nissan Levy, CEO of Port of Ashdod.

National plan to rehabilitate the Galilee with a NIS 3 billion investment announced

The objective of the investment is to re-energize the region, demographically and economically, by encouraging young families to move there.

Mount Tavor.

Bank of Israel cuts interest rates, inflation stable despite Iran war

Exporters have called on the Bank of Israel to lower rates or intervene in the foreign exchange market.

 BANK OF Israel headquarters in Jerusalem: Israel’s favorable environment for economic development has been accompanied by an impressive improvement in the country’s credit rating, say the writers.

Iran’s oil gamble could turn Gulf attrition into Tehran’s own nightmare - opinion

As attacks spread across Gulf energy infrastructure, Iran may discover its own oil economy cannot survive prolonged attrition.

Smoke rises above Riyadh, Saudi Arabia, March 5, 2026

How the IRGC's shadow economy keeps Iran's nuclear program alive - analysis

How Iran is financed, and why US attempts to pressure Iran in the Strait of Hormuz have failed

The Islamic Republic has built alternative financial systems, and while ordinary Iranians have absorbed severe economic pain.
Premium

Europe’s applause for Abbas is failing Palestinian democracy - opinion

As Abbas tightens control, Western governments are applauding a Palestinian political system that has denied elections for 20 years.

Yasser Abbas, member of the Fatah Central Committee, attends the announcement of results of the 8th General Conference of Fatah during a press conference in Ramallah, the West Bank, May 18, 2026.

The Reagan lesson for Iran: Defeat the regime, defuse the bomb - opinion

Reagan’s Cold War statecraft offers lessons for confronting Iran’s regime and nuclear ambitions.

US PRESIDENT Ronald Reagan (left) and prime minister Menachem Begin speak at the White House.

Kharg Island and the new energy war over Iran’s collapsing oil exports - opinion

Iran’s Kharg Island shows the hidden cost of sanctions: empty oil terminals, environmental damage, and mounting pressure.

A satellite image shows an oil terminal at Kharg Island, Iran, February 25, 2026. 2026