The recent raise in gasoline price stirred up the nation as many protested against the decision to raise prices to 8 NIS per liter. Eventually, Prime Minster Netanyahu intervened and cut back the raise so that the new 95-Octane Petrol price reached as of March, 1st 2012 reached 7.74 NIS ... Read More

According to the recent report of the Central Bureau of Statistics of Israel (CBS), Israel 's GDP in 2011 grew by 4.8% (year-o-year) which is a similar rate to the grow rate of the GDP in 2010 and much higher than the growth rate in 2009: This estimate is based of ... Read More

Bank of Israel enjoyed for the appreciation of the NIS  during October as the Bank's reserves inclined by $545 million.   According to the recent press release by Bank of Israel, the Bank's foreign exchange reserves inclined during October by $545 million compared to September 2011; the total foreign exchange reserves ... Read More

Bank of Israel continues to increase its forex reserves on a steady basis; last month the Bank raised its reserves by $135 million.   According to the recent press release by Bank of Israel, the Bank's foreign exchange reserves rose during August by $135 million compared with July 2011; the total ... Read More

According to the recent publication by Central Bureau of Statistics of Israel (CBS), the GDP of Israel continues to grow but at a slower pace: During the second quarter of 2011 the Israeli Gross Domestic Product grew by 3.3% in annual terms. This is a decrease in the growth rate from ... Read More

The protests that swept Israel's streets in the past few weeks all revolve in some way the high prices, the lack of service that the people get from its government and the high burden of taxes that Israel's citizens have to pay. In regards to the taxes let's examines this ... Read More

The American rating agency Standard and Poor's kept Israel's credit rating unchanged at A/A- with a stable outlook; this was after the rating agency downgraded US's credit rating from AAA to AA+ by the end of last week.  Standard and Poor's reported that in line with the recent US credit ... Read More

The leading Israeli company that is traded in NASDAQ, Teva Pharmaceutical Industries has experienced in the last several days sharp falls during August. The recent falls in the past few days were mainly due to the backwind push of major stock markets falls not only in the US but also ... Read More

Want a more detailed analysis on Israel’s natural gas market? IBR can do it for you…read here for more  Natural gas in Israel News update According to the Prospectus published in the Tel Aviv Stock Exchange by Delek Drilling, one of the partners in Tamar with holding shares of 15.6%, there is ... Read More

According to the recent wages report published by the Central Bureau of Statistics, the Israeli average wage in current prices reached 8,698 NIS (roughly $2,560 on a monthly scale and nearly $30,670 in annual terms), which is nearly 3.4% compared with March's and nearly up by 6% from April 2010 ... Read More