Stay updated with breaking news from Maplecroft Kinnear. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Israel's economy may face ratings downgrades, falling foreign investment and a weaker tech sector if turmoil arising from the government's contentious judicial reforms continues, investors and...
ALBAWABA – The Israeli economy may face rating downgrades, dips in foreign investment and weakening tech sectors, as turmoil and tensions continue
Israel's economy may face ratings downgrades, falling foreign investment and a weaker tech sector if turmoil arising from the government's contentious judicial reforms continues, investors and...
Israel's economy may face ratings downgrades, falling foreign investment and a weaker tech sector if turmoil arising from the government's contentious judicial reforms continues, investors and analysts warn. "The main issue for external investors looking at Israel at the moment is just the uncertainty," said Hamish Kinnear, senior Middle East and North Africa analyst at Verisk Maplecroft.
The big worry is that upheaval could knock investment into Israel's technology sector — the poster child of the economy that accounts for almost a fifth of GDP, more than half of exports and a quarter of income tax revenues.