Category: Aviv
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Tel Aviv prices are more expensive than Champs-Elysees
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“Among the eleven apartments sold in the pre-sale of the Gat Rimon project in Park Mesilla in Tel Aviv (between Neve Zedek Market and Levinsky Market), ten of the buyers are foreign residents. There are Australians, English and French. Some of them have bought to live there.” “And some of…
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Tel Aviv prices are more expensive than Champs-Elysees
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“Among the eleven apartments sold in the pre-sale of the Gat Rimon project in Park Mesilla in Tel Aviv (between Neve Zedek Market and Levinsky Market), ten of the buyers are foreign residents. There are Australians, English and French. Some of them have bought to live there.” “And some of…
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Turkish Airlines still saving Tel Aviv flight slots
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Turkish Airlines suspended operations with Israel with the outbreak of war in October 2023. However, the airline decided to keep its flight locations at Ben Gurion Airport. In the aviation industry, take-off and landing slots at airports are an expensive and valuable resource and one of the most important assets…
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Tel Aviv penthouse sold for NIS 20m
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A penthouse apartment under construction as part of a historic building at Kaplan Street 6 in Tel Aviv has been sold for NIS 20 million in bare shell form. The 200 square meter apartment on the eighth floor in Beit Hazofer will have a 49 square meter balcony overlooking Itamar…
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El Al suspends Tel Aviv – Moscow flights
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The Israeli airline will reconsider the situation at the end of March after an Azerbaijani Airlines plane crashed while making an emergency landing last week, after Russian air defenses identified it as an enemy plane. El Al Israel Airlines Ltd (level:Ellal) Today, it announced the cessation of flights between Tel…
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New airline Tech-Air reveals Tel Aviv – New York fares
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The new airline created by the high-tech protest movement DemocraTech today posted a registration form for those wishing to reserve seats on the planned Tel Aviv-New York flights. The registration form reveals that the company plans to operate three direct weekly flights between Tel Aviv and New York that will…
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Tel Aviv PR agency opens tech-focused US branch
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Zamir Dahabash Public Relations Agency, Shalom Tel Avivexpanding into the US market with Tell New Yorka strategic communications and crisis management company specializing in technology. Tamar Harel will head the New York office. In fact, the American company has been operating for a year already, providing services to American and…
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Tech leaders plan $800 Tel Aviv – New York return fares
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For more than a year, American airlines have not operated regular flights to Israel, and they left El Al Israel Airlines Ltd (level:Ellal) as the only carrier that operates direct flights between Israel and the United States. The worsening situation imposes a virtual siege on sectors of the economy that…
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YH Dimri leads Tel Aviv 35 Index race
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The battle over the single ticket for the Tel Aviv 35 Index, the main index of the Tel Aviv Stock Exchange, has reached its peak. Until yesterday, insurance group Menora Miftachim was the leading candidate to join the index, but recent moves by YH Dimri Construction and Development (TASE: DIMRI),…
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Rents in Tel Aviv resume rise
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The average monthly rent for an apartment in Tel Aviv in the second quarter of 2024 was 7,000 shekels, an increase of 4.9% over the second quarter of 2023, according to what the Central Bureau of Statistics reported. Despite this statistical increase, industry sources say that rents have practically fallen.…
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Tel Aviv court orders OpenWeb to freeze ousting of CEO
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Israeli open sharing platform Unicorn Open web CEO and co-founder Nadav Shoval achieved a temporary victory in the Tel Aviv District Economic Court, which ordered his dismissal to be suspended until the court discusses the matter between the two parties at the end of the month. Cheval is in dispute…
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In huge deal Patrick Drahi buys Tel Aviv Mandarin Oriental
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Global businessman Patrick Drahi bought Tel Aviv’s luxury seafront Mandarin Oriental project on Yarkon Street last year, Globes has learned, in a huge deal valued at nearly NIS 900 million. The two 25-storey buildings are also known locally as the Dolphinarium Towers. One of the two towers will be a…
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Tech employees prefer to live in Tel Aviv
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Technology employees are among the highest earners in Israel with the average gross monthly salary reaching NIS 32,215 in June, more than double the national average salary, according to the Central Bureau of Statistics. Between June 2023 and June 2024, the average Technology Employee salary increased by 8%, compared to…
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David’s Sling intercepts first Hezbollah missile fired at Tel Aviv
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It has been almost a year since the start of Operation Iron Swords, but while the intense rocket attacks on northern Israel continue, Hezbollah this morning, for the first time ever, fired a ballistic missile at the Tel Aviv area. It was intercepted by Israeli air defenses. David’s Sling system.…
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Tel Aviv ranked 41 for number of centi-millionaires
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Tel Aviv ranks 41st in the world in terms of the number of millionaires (those with investable liquid wealth of at least $100 million), according to the 2024 Millionaires Report by Henley & Partners and New World Wealth Research. The report found that there are 212 millionaires living in Israel,…
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Tel Aviv ranked 41 for number of centi-millionaires
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Tel Aviv ranks 41st in the world in terms of the number of millionaires (those with investable liquid wealth of at least $100 million), according to the 2024 Millionaires Report by Henley & Partners and New World Wealth Research. The report found that there are 212 millionaires living in Israel,…
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Melisron buys Aviv Development stake for NIS 625m
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This is the third real estate exit for Doron Aviv and his sister Dafna Harlev after selling Osif to Arkady Gaydamak in 2007, and 50% of Aviv Development to Melisron in 2022 for NIS 845 million. Leora Ofer’s Melisron (TASE: MLSR) has acquired the entire stake in Aviv Development, owned…
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Foreign airlines resume Tel Aviv flights after pre-emptive strike
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It was business as usual at Ben Gurion Airport today, with 60,900 passengers expected to pass through on 353 international flights arriving and departing. Yesterday, more than 50,000 passengers passed through the airport, despite Israeli airspace being closed for several hours in the morning due to the Israel Defense Forces’…
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El Al milks monopoly on Tel Aviv – New York flights
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Since the outbreak of war last October, US airlines have dramatically reduced their flights to and from Israel and have now cancelled all of them, leaving El Al Israel Airlines Ltd. (level:Ilal) as the sole carrier on the Tel Aviv-New York route. This situation was clearly demonstrated in El Al’s…