Category: Israel
-
Two US airlines resume Israel flights
•
On Friday, the American airline Delta Air Lines will resume its flights to and from Israel for the first time since the outbreak of war last October. The airline will operate a daily direct flight from New York’s JFK Airport to Tel Aviv. Two days later, United Airlines will resume…
-
Average wage in Israel fell in April
•
Preliminary figures for April 2024 show the average monthly wage was NIS 13,270, down 6% from NIS 14,079 in March 2024, the Central Bureau of Statistics reported. Preliminary figures for April 2024 show the average monthly wage was NIS 13,270, down 6% from NIS 14,079 in March 2024, the Central…
-
Israel gov’t bond yields hit 13-year high
•
The Israeli government bond market is showing worrying signs. This week, the yield on 10-year bonds rose above 5% for the first time since 2011. Meaning: demand for the Finance Ministry’s large debt offerings is declining, and the country is forced to pay higher interest. The 10-year bond is considered…
-
7-Eleven shuts down in Israel
•
Another international brand today officially joined the list of international chains that have failed in their attempts to appeal to Israeli tastes as the 7 Eleven franchise has ceased, just 18 months after opening its first outlet in the country. Israeli franchising company Electra Consumer Products (TASE: ECP) announced in…
-
Israel Canada buys prime Tel Aviv site for NIS 443m
•
A 45-storey tower will be built on the site between Dubnov Street and Leonardo da Vinci Street, which is currently used as a car park. The parking lot located at 4-6 Dubnov Street in central Tel Aviv, between Dubnov Street and Leonardo da Vinci Street, was sold at an Israel…
-
Jobless figures indicate tight labor market in Israel
•
The Central Bureau of Statistics announced today that the unemployment rate in Israel remained unchanged in April at 3.4%. Seasonally adjusted figures show a slight increase of 0.1% in the proportion of people aged 15 and over in the labor force. The broad unemployment rate, which includes those on unpaid…
-
Israel stocks higher at close of trade; TA 35 up 0.25% By Investing.com
•
Investing.com – Israeli stocks rose after the close on Sunday, as gains in the stock sector pushed shares higher. At the close in Tel Aviv, it rose by 0.25%. The best performers of the session were big Shopping Centers Limited (TASE:) stock rose by 2.88%, or 1,050.00 points, and its…
-
ICJ orders Israel to halt Rafah operation
•
The International Court of Justice in The Hague ordered Israel to halt its military operation in Rafah, south of the Gaza Strip, due to the “direct threat” to the rights of the civilian population. The court also ordered that free access be provided to the Rafah border crossing between the…
-
We want to be a bridge between Israel and the world
•
In Israel, Novartis is focusing on marketing and clinical trials, but the country’s president, Elad Maron, says: “We know we can do more. We want to leave our mark outside of Israel.” “Novartis is one of the leaders in its field in Israel. It provides treatment to about 650,000 people…
-
Israel falling behind on AI, study finds
•
A new study conducted by the Institute for Policy and Research Israel rises In collaboration with Google, an examination of Israel’s place in the global AI race reveals some troubling trends, including only a moderate rise in investment in generative AI compared to other countries, and an expected shortage of…
-
Israel confiscates AP camera equipment over live feed to Al Jazeera By Reuters
•
JERUSALEM (Reuters) – Israeli authorities confiscated AP photography equipment on Tuesday, saying the agency was violating the law by providing live broadcasts to Al Jazeera TV, the Associated Press and Israel’s Communications Ministry said. The law, passed in April, allows the government to order foreign broadcast stations to temporarily cease…
-
S&P sees slow recovery for Israel
•
In a special update on the Israeli economy, international rating agency Standard & Poor’s expressed pessimism about the speed of the post-war recovery that can be expected, despite the jump in GDP announced in the first quarter. “Israel’s first-quarter GDP estimates released by the Central Bureau of Statistics (CBS) on…
-
Not a blow that Israel can shrug off
•
The Prosecutor of the International Criminal Court in The Hague, Karim Khan, announced today that he will submit requests for arrest warrants against Prime Minister Benjamin Netanyahu and Defense Minister Yoav Galant, as well as against Yahya Sinwar and prominent Hamas figures Mohammed Deif and Ismail Haniyeh. . Who decides…
-
Fewer butterflies, more invaders: Nature in retreat in Israel
•
The State of Nature in Israel 2023 report, issued by the Steinhardt Museum of Natural History, the Israeli National Center for Biodiversity Studies at Tel Aviv University, the Ministry of Environmental Protection, the Jewish National Fund, and the Israel Nature and Parks Authority, was published yesterday, and it makes for…
-
Biden administration advancing over $1b arms sales to Israel
•
Less than a week after halting the supply of 2,000-pound bombs and artillery shells to Israel, the administration of US President Joe Biden informed Congress yesterday of its intention to move forward with an arms and ammunition package for Israel worth more than a billion dollars. The Wall Street Journal…
-
Air Canada suspends Israel flights until August
•
Passengers wishing to fly directly between Israel and North America this month can only do so on El Al Israel Airlines. Air Canada has suspended the resumption of its flights to Israel until August 5. Following the Iranian missile attack on Israel last month, the Canadian airline initially suspended its…
-
New home sales in Israel up 21% in Q1
•
According to the Central Bureau of Statistics, 23,250 new homes were sold in the first quarter of 2024. Israel’s housing market has set back five years in terms of the number of new homes sold but at 40% higher prices, according to figures published by the Central Bureau of Statistics…
-
Turkey rescinds relaxations on trade with Israel
•
Yesterday, the Turkish Ministry of Trade distributed a directive to exporters of construction materials to Israel allowing them to resume trade for a period of three months, despite the comprehensive ban announced by Turkey on exports to Israel. But reports in the Israeli press and media, as well as a…