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☐ β˜† βœ‡ Times of Israel

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

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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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☐ β˜† βœ‡ Times of Israel

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

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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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☐ β˜† βœ‡ Times of Israel

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

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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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☐ β˜† βœ‡ Times of Israel

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

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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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☐ β˜† βœ‡ Times of Israel

After record year, Israeli tech brain drain raises fears for future growth – report

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Israel Innovation Authority says R&D activity and management of startups are increasingly moving abroad amid AI-related changes, and as strong shekel raises costs

The post After record year, Israeli tech brain drain raises fears for future growth – report appeared first on The Times of Israel.

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