Category: Israel

  • Mortgage taking in Israel fell in June

    Mortgage takings last month fell slightly compared to May, but were 18% higher than in June 2023, the Bank of Israel reported. Mortgage loans granted in Israel in June 2024 fell slightly compared to May, despite estimates from senior banking officials who expected another increase in June, supporting the trend…

  • “LEQEMBI” Lecanemab) Approved for the Treatment of Alzheimer’s Disease in Israel By Investing.com

    TOKYO and CAMBRIDGE, Mass., July 12, 2024 – (JCN NewsWire) – Eisai Co., Ltd. (OTC:) and Biogen Co., Ltd. (NASDAQ:) today announced the approval of the beta-amyloid (Aβ)-degrading monoclonal antibody “LEQEMBI” (generic name: lecanemab) in Israel as a treatment for Alzheimer’s disease (AD). Treatment with LEQEMBI should be initiated in…

  • Exclusive-Bank of Israel waiting for digital euro ahead of digital shekel launch By Reuters

    By Stephen Sher JERUSALEM (Reuters) – The Bank of Israel remains committed to its plans to issue a digital currency to improve Israel’s payments system and boost innovation, but it is unlikely to launch it before other advanced economies. “We are all waiting for the first Western central bank to…

  • How many people are leaving Israel? No-one really knows

    How many Israelis left Israel last year? A Globes survey of all the bodies that monitor the numbers (the Israel Tax Authority, the Population and Immigration Authority, the National Insurance Institute, and the Central Bureau of Statistics) revealed that none of them really know the answer. What’s more, even when…

  • Yields on Israel gov’t shekel bonds reach 13-year high

    Growing fears of an escalation in the confrontation between Israel and Hezbollah in Lebanon have increased pressure on Israeli government bonds. Yields on long-term government bonds have risen in recent days, reflecting the increased risk that investors attribute to the state of Israel’s debt. The yield on 10-year shekel government…

  • Israel layoffs reflect eBay’s global decline

    Until a decade ago, eBay was synonymous with online retail. Along with Amazon, it was the place to go for new and used items, some of which the platform marketed through limited-time auctions that offered discounts to those who managed to register in time. The auction format it pioneered, “bidding,”…

  • What embargo? Turkish-made cars still arriving in Israel

    In early May, the Turkish government imposed a ban on exports to Israel, including vehicles manufactured in Turkey. But recent figures suggest that the ban is ineffective. According to Transportation Ministry figures released this week, 2,847 private and commercial vehicles manufactured in Turkey were delivered to Israel between May and…

  • Average wage in Israel remains high

    The average wage in the Israeli economy remains at record levels. In April 2024, the average wage in Israel was NIS 13,506, up 7.3% from April 2023, according to the Central Bureau of Statistics. However, there is a significant decrease from March 2023, when the average wage was NIS 14,000,…

  • India supplying rockets and UAVs to Israel – report

    India is manufacturing missiles and drones for Israel to use in the Gaza war, according to Al Jazeera. The cooperation between India and Israel is mainly based on missiles, Zain Hussain, a researcher at the Stockholm International Peace Research Institute, told Al Jazeera. According to the institute, the Indian company…

  • India supplying rockets and UAVs to Israel – report

    India is manufacturing missiles and drones for Israel to use in the Gaza war, according to Al Jazeera. The cooperation between India and Israel is mainly based on missiles, Zain Hussain, a researcher at the Stockholm International Peace Research Institute, told Al Jazeera. According to the institute, the Indian company…

  • Israel spent $1.1b on nuclear weapons in 2023 – report

    The International Campaign to Abolish Nuclear Weapons ranked Israel seventh in terms of investment in nuclear weapons last year. The International Campaign to Abolish Nuclear Weapons estimates that Israel spent about $1.1 billion on nuclear weapons in 2023. The International Campaign to Abolish Nuclear Weapons was awarded the Nobel Peace…

  • US has sent Israel thousands of 2,000-pound bombs since Oct. 7 By Reuters

    By Humeyra Pamuk and Mike Stone WASHINGTON (Reuters) – The Biden administration has sent Israel large numbers of munitions, including more than 10,000 highly destructive 2,000-pound bombs and thousands of Hellfire missiles, since the start of the war in Gaza, two U.S. officials familiar with an updated report said. List…

  • Israel Railways electrification delayed by war and politics

    Over the past two years, work stoppages at night and on Saturdays, strikes, war, breakdowns and other delays have accumulated. As a result, the completion of the Israel Railways’ flagship strategic project of the past decade – the NIS 12 billion electrification of the national railway network – has become…

  • Israel Police deploying US blacklisted Chinese traffic cameras

    Israeli police are using Chinese-made cameras to recognize license plates as part of their project to enforce the “Hawk Eye” traffic system, which does not meet the standards required in Western countries such as the United States and the Netherlands. Globes learned that most of the cameras used by the…

  • Protests at Citigroup HQ over Israel and climate change reach fever pitch

    Citigroup Inc. urged employees not to get drawn into brawls with protesters targeting the bank’s New York headquarters, a sign that a prolonged activist campaign is beginning to affect employees and executives alike. Climate activists have sought to close the entrance to the bank’s main office since early June Video…

  • Israel and Morocco defense cooperation deepens

    The Israeli Navy’s new landing ship, INS Komemiyut, which arrived in Israel this week from the United States, did so after contacting Morocco to receive supplies, according to information received by Globes from sources familiar with the matter, and supported by ship logs on the Vessel website. Finder. As part…

  • Israel and Morocco defense cooperation deepens

    The Israeli Navy’s new landing ship, INS Komemiyut, which arrived in Israel this week from the United States, did so after contacting Morocco to receive supplies, according to information received by Globes from sources familiar with the matter, and supported by ship logs on the Vessel website. Finder. As part…

  • Israel upgrading plutonium in Dimona nuclear reactor – report

    Israel is modernizing its nuclear arsenal, according to the Stockholm International Peace Research Institute (SIPRI). Israel is developing plutonium for its reactor at the nuclear research facility in Dimona, according to the institute’s annual report. Stockholm International Peace Research Institute (SIPRI) on nuclear weapons. The researchers point out in their…

  • Mortgage taking in Israel at highest since 2022

    Mortgage loans rose to NIS 7.8 billion in May 2024, according to preliminary figures released by the Bank of Israel today – the highest number since September 2022. Mortgage takings rose to NIS 7.8 billion in May 2024, according to preliminary figures released by the Bank of Israel today —…

  • War pushes up housing prices in Israel

    The housing price index published by the Central Bureau of Statistics rose by 3.6% between November 2023 and March 2024 after falling by 2.5% in the previous ten months. The average price of an apartment in Israel in the first quarter of 2024 reached 2.23 million shekels, after the market…