Banking & Finance

Financial news, data and analysis.

October looks as if it will be challenging for the Israeli economy

ECONOMIC AFFAIRS: Besides inflation, the shekel-US dollar rate will also impact the interest rate decision.


Payment fraud: A growing threat to companies worldwide

A total of 88% of US corporations reported payment breaches in the last year

Israel’s economy saw only 0.1% growth in August, worrying report says

Here's a closer look at the key factors influencing the Israeli economy as highlighted in August’s Index.

Just before Yom Kippur, Israel is getting GILTI

It remains to be seen what will finally be enacted and when. Financial, insurance, and e-commerce groups, among others, may be impacted.


New York Stock Exchange decorated in Israel's colors

The New York Stock Exchange honored Economy Minister Nir Barkat's visit by decorating with blue and white Israeli flags.

Amid Israel turmoil, markets want continuity at central bank helm

Yaron's five-year term ends at the end of 2023 and he has been tight-lipped on his plans.


Gal Gadot's mac and cheese company raises $13 million to bring in new investors

Gadot and her business partner Jen Zeszut thought to market Goodles to everyone, as the product had initially been marketed for kids. 

Israeli water company Mekorot issues bonds for NIS 620, sees high demand

Mekorot, which manages Israel's water supply, witnessed an overwhelming demand that reached NIS 1.8 billion, which is three times the initially planned issuance. 

Jared Kushner to invest half a billion shekels in Israeli company

This will be the first investment in an Israeli company by Affinity Fund, which was founded by Kushner in 2021.


Rising prices and financial struggles impact High Holy Days season

IFCJ launches aid operation to support needy families amid the High Holy Days.

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