Treasury: Foreign investments in Israel plunged 60% in 1st quarter this year

Foreign investment in Israel has dived by 60 percent in the first quarter of this year, according to a report published by the Finance Ministry Wednesday.

Israel lured about $2.6 billion in foreign investment in the first three months of the year, reflecting a 60% decline compared to the average quarterly figures recorded in 2020 and 2022, according to the data, which did not compare this year to 2021 as it was a record year and viewed as an outliner.

A drop was seen in both the number of foreign transactions and the number of foreign investors during the first quarter of the year. READ MORE