Category: Israelis
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Israelis Wary of Lebanon Truce Trickle Back to Damaged Homes
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Breadcrumb links BMN Business The school is out of service, having been hit by heavy shrapnel in July. Some houses are closed from direct strikes. Many hectares of avocado orchards were lost to fires started by missiles. Article writer: Bloomberg News Ethan Bruner Published on December 7, 2024 • 4…
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Israelis more deterred by canceling flights than travel warnings
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The Netherlands, Sri Lanka, Thailand and the United Arab Emirates are countries that are popular with Israelis and considered safe, but have recently been hit with travel warnings by the government. To make matters worse, earlier this week, Chabad’s representative in the Emirates, Rabbi Zvi Kogan, was kidnapped and murdered,…
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As Bitcoin soars Israelis missing out on cryptocurrencies
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Cryptocurrency investors abroad are ecstatic after the election of Donald Trump who promised to support digital currencies. Several major overseas institutional investors have placed the leading cryptocurrency Bitcoin, which has reached a record high of $89,000, in their investment portfolios. But in Israel the picture is completely different. Israeli institutional…
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Over half Israelis’ savings flow to S&P 500 in 2024
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Until three years ago, the S&P 500 Index, which comprises the largest companies in the US, was the province of expert investors in Israel. Barely 1% of the total amount of money invested for the long term was channeled to the US index, NIS 6 billion in total. A great…
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Over half Israelis’ savings flow to S&P 500 in 2024
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Until three years ago, the S&P 500 Index, which comprises the largest companies in the US, was the province of expert investors in Israel. Barely 1% of the total amount of money invested for the long term was channeled to the US index, NIS 6 billion in total. A great…
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Cosgrave’s Web Summit prospering without Israelis
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Several days after October 7, 2023, Paddy Cosgrave angered Israel’s tech community, which was still licking its wounds, with a series of tweets in which he criticized Israel’s response in Gaza, which appeared to leave no viable options for responding to… Cruel attack. After years in which Cosgrave, as CEO…
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Israelis shunning NIS 200 bills due to abolishment fears
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With the Israeli government considering scrapping the 200-shekel banknote to fight the black economy and tax evasion, some Israelis are reportedly already taking action. Although the Bank of Israel has poured cold water on the idea, saying that “no sufficiently well-founded professional justification has been provided,” there are reports of…
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Israelis’ long-term savings up 10% in 2023
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The public’s long-term retirement and savings assets rose by about 10% last year, reaching NIS 2.5 trillion, according to the comprehensive report published by the Capital Markets, Insurance and Savings Authority, headed by Amit Gal, for 2023. Last year was a turbulent one for Israelis and the Israeli economy, but…
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Israelis stay home and boost retail revenue and profit
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The second-quarter financial results of most Israeli retailers showed that the war is good for business. With fewer Israelis traveling abroad for vacation, the money stayed in the local economy, benefiting shopping malls, fashion chains and food chains. Alongside this, there was a drop in sales at discounts and special…
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Israelis flee Tel Aviv for more affordable housing
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Moving to Tel Aviv and living in the big city is often a stage in the lives of many young people. As the economic center of Israel, it is clear why Tel Aviv is a magnet for young people from all over the country. However, new data reveals that in…
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Israelis shun France, Turkey for vacations in Greece, Balkans
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Every summer, airlines increase the frequency of their flights to popular holiday destinations for Israelis. This year, since the war and Iranian missile attack, international airlines have cut or stopped flights to and from Israel entirely, and it is not clear when they will return to their regular schedules. However,…