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ECONOMY

Moshe Kahlon photo: Tamar Matsafi Israel's debt-to-GDP ratio falls

Finance minister Moshe Kahlon described the fall as,  "An achievement for the Israeli economy, the Israeli people, and especially for future generations."

Water Merging water corps would save NIS 500m

Water Authority: Reducing the number of water corporations from 55 to 13 would save NIS 496 million a year.

R.Aminoach, M.Rubino Photos T.Matsafi J. Bloom Leumi CEO: More cuts on the way

Bank Leumi CEO Rakefet Russak-Aminoach told "Bloomberg" at the 2017 World Economic Forum in Davos that the Israeli bank must continue streamlining.

Eugene Kandel Start-Up Nation Central: Promoting Israeli innovation

Former National Economic Council chairman Prof. Eugene Kandel tells "Globes" why he chose to manage a philanthropic organization that services private industry for free.

Tamar Egypt sees gas self-sufficiency by 2018

Egyptian Minister of Petroleum Tarek el-Molla's statement is a major blow to potential Israeli gas exports to Egypt.

Ashdod Port Israel's Q3 growth revised upwards

The Central Bureau of Statistics has upwardly revised the third quarter growth figures to 3.6%. 

Avi Tiomkin  photo: Einat Levron "Home price slide has begun and will accelerate"

Avi Tiomkin: When the change occurs, its speed and force will surprise everyone.

Moshe Asher Photo: Eyal Yizhar Tax Authority probing US accounts held by Israelis

The US Internal Revenue Service has given the Israel Tax Authority data on over 35,000 Israelis with US bank accounts.

Temporary bridge over Jordan Photo: Rafi Kotz Israel, Jordan begin building free trade zone

Plants slated to compete with China in cheap production are projected to provide 13,000 jobs for Jordanians and Israelis.

Fresh produce Photo: Tamar Matsafi Negative inflation in 2016 for third consecutive year

With the CPI unchanged in December, Israel again recorded negative inflation. Home prices rose 8.1% over the past year.

Confiscated contraband Photo: Ministry of Defense Attempts to smuggle goods into Gaza up 165%

New devices to detect smuggling have been installed at the border crossings.

El Al, photo: Sivan Farag El Al pilots hint at further disruptions

The El Al Pilots Committee is protesting management's decision to put pilot instructors over 65 on forced leave.

Founding of Kedumim 1975  photo: GPO How much do the settlements really cost?

Israel has no separate budget for expenditure beyond the Green Line, so the answer depends on whom you talk to.

Wix Photo: PR Israeli high-tech cos look abroad when hiring

Shortages of software engineers and high salaries in Israel are pushing companies to Eastern Europe.

Ron Magen Photo: PR Executive headhunting in the Holy Land

IRC Israel CEO Ron Magen talks about the growing need to find top executives for multinationals with Israel operations.

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