Is Cyprus becoming Israelโs backyard?
Israeli capital, water technology, and real estate are making Cyprus a strategic and economic extension of Israel.
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Israeli capital, water technology, and real estate are making Cyprus a strategic and economic extension of Israel.
Residents report rising prices as the latest restrictions bite, leaving families unable to afford extra supplies.
Tech is driving the economy, and investments are flowing in. But food costs are rising and debt is growing.
After shrinking briefly in the aftermath of the October 7,ย 2023 attacks, Israel's GDP is predicted to grow by 4 percent this year. The country's tech sector โ specifically its defence startupsย โ has played a big part in this performance but challenges, notably demographic ones, are on the horizon. Meanwhile, the destruction caused by Israel's war in Gaza has reduced GDP per capita in the Palestinian enclave by 83 percent and reconstruction plans there have yet to begin.