Economic news in Israel / Palestine

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Country Israel / Palestine

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2026-01-26 Energy

Chevron Approves Leviathan Gas Field Expansion to Boost Eastern Mediterranean Energy Supply

Chevron has announced its final investment decision to expand the giant Leviathan natural gas field offshore Israel, marking a strategic move to strengthen ener...

2026-01-06 Economy

Bank of Israel Surprises Markets with Second Rate Cut to 4%

The Bank of Israel unexpectedly cut its benchmark interest rate by 25 basis points to 4%, marking its second consecutive rate cut. The Bank of Israel said the m...

2025-12-15 Energy

Energean Expands Energy Investments in Israel Beyond $3 Billion

Energean is accelerating its regional expansion across the Eastern Mediterranean, with CEO Mathios Rigas confirming that Energean has invested more than $3 bill...

2025-12-15 Economy

Israel’s Economy Faces One of Its Worst Periods Amid War Losses

Israel’s economy is going through a particularly challenging phase amid prolonged fallout from military conflicts, placing mounting pressure on growth and finan...

2025-12-14 Economy

Palestine Economy Between International Recognition and Losses: Searching for Viability

The recent wave of international recognition of the State of Palestine marks a significant political shift, raising fundamental questions about the future of th...

2025-12-14 Economy

Israel Economy Grows 12.4% in Q3 Driven by Consumption and Investment Rebound

Israel's economy recorded a strong rebound in the third quarter of 2025, delivering an impressive annualized growth rate after a sluggish performance in the pre...

2025-12-14 Economy

Israel’s Defense Budget to Exceed $34 Billion in 2026

Israeli authorities announced that the defense budget for 2026 will reach a record level, reflecting sustained security pressures and elevated military spending...

2025-12-14 Economy

Trump Tariffs Put Pressure on Israel’s Economy and Tech Investment

Israel’s central bank has warned that Trump tariffs imposed by the United States are increasingly weighing on the domestic economy, raising risks for financial...

2025-12-14 Economy

Israel’s Economy Contracts Sharply in the Second Quarter of 2025

Israel’s economy recorded a sharp contraction in the second quarter of 2025, weighed down by the fallout from military hostilities that led to widespread busine...

2025-12-14 Economy

Potential European Sanctions Put Pressure on Israel’s Economy

European sanctions are increasingly in focus as the conflict in Gaza intensifies, with growing calls within the European Union to adopt tougher measures against...

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