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Γ„ltere BeitrΓ€geTimes of Israel

Strong shekel squeezes value of export sales, as industry warns of damage to economy

04. Juni 2026 um 17:00

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In the first few months of 2026, local export revenue shrank by more than NIS 6.5 billion due to the sharp rise in the shekel's value against the dollar

The post Strong shekel squeezes value of export sales, as industry warns of damage to economy appeared first on The Times of Israel.

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Smotrich instructs ministry to build task force to help tech firms with shekel surge

03. Juni 2026 um 18:57

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Amid wave of mass layoffs, Finance Ministry officials meet with tech reps, insist that government won't directly intervene to stabilize currency and instead look to limit damage

The post Smotrich instructs ministry to build task force to help tech firms with shekel surge appeared first on The Times of Israel.

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Motorola Solutions buys Israeli drone defense startup D-Fend for $1.5 billion

02. Juni 2026 um 15:04

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Raanana-based firm uses radio waves to commandeer UAVs instead of jamming or intercepting them; system deployed in over 30 countries; described as largest-ever Israeli defense tech exit

The post Motorola Solutions buys Israeli drone defense startup D-Fend for $1.5 billion appeared first on The Times of Israel.

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1 in 3 Israelis faces lower income as Iran war deepens financial strain

01. Juni 2026 um 16:46

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After more than two and a half years of wars, over 50% of workers in the north report income losses, and suffer a similar plunge in employment scope, poll finds

The post 1 in 3 Israelis faces lower income as Iran war deepens financial strain appeared first on The Times of Israel.

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