Category: Israels
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Work moves slowly ahead on one of Israel’s biggest hotels
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After years of delay, construction has resumed several months ago at the 47 -room SARona Hotel in Tel Aviv. The high will contain an area of 40,000 square meters of hotel spaces, commercial spaces with an area of 2000 square meters, a commercial area of 20 thousand square meters of…
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New regulation for Israel’s ports underway
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The arrangement of Israel’s ports is scheduled to start today with the signatures of the Ministry of Transport, Miri Regev and the Minister of Finance, Bizalil Soutrich, on the documents of the certificates for the ports. This arrangement was first reported by “Globes” in April last year, and since then…
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Israel’s Sheba climbs in “Newsweek” world hospital top ten
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The United States magazine “Newsweek” included the Sheba Medical Center in Tel Hashomer in Israel as the best hospital in the world. Last year, “Newsweek” ranked the Sheba Medical Center in ninth place, and was in the past in tenth place. “Newsweek” collects the best hospital classifications with a German…
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Israel’s biggest mall opens Thursday
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Tase: Big opens the largest mall in Israel on Thursday – Glilot Big Fashion. More than 44 dnams (11 acres) is widespread with an area of 43,000 square meters of commercial spaces and 169,000 square meters of parking space and services, along with a 43 -storey office tower with 75,000…
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Israel’s economy grew 1% in 2024, above expectations
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Despite the war, Israel’s gross domestic product grew by 1 % in 2024, above the initial expectations, the Central Bureau of Statistics is in its first evaluation. However, this figure reflects the domestic GDP growth of the individual of 0.3 %, due to population growth last year, after the growth…
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$20b CyberArk becomes Israel’s second most valuable co
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Israeli cybersecurity company Cyberark program He continues to gain. At the end of 2023, the stock price exceeded a mark of $ 200 for the first time, and after 10 months, the brand crossed $ 300, and last week, after less than four months, the threshold of $ 400 penetrated,…
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BIG Glilot – Israel’s biggest shopping center set to open
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When fashion chain Factory 54 opened a pop-up store in Herzliya’s Arena Mall late last month, the discounts of up to 90% were cause for celebration among consumers. From a business perspective, however, this was anything but a celebration. It was a liquidation sale for one of the mall’s anchor…
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Cyberattack again disrupts Israel’s credit card payments
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SHVA (Automatic Banks Services Ltd.), which provides communications in Israel between various criminals to pay for credit card transactions, hung up disturbances and preventing payments from about 11 am this morning. The company said: “The cause is investigated by the company’s professional teams,” and there will be “updates on any…
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Israel’s fiscal deficit narrows after record state revenues
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Israel’s financial deficit has decreased sharply from 6.9 % of GDP in the twelve months until the end of December 2024 to 5.8 %, or 115 billion New, in the twelve months until the end of January 2025. The improvement in the financial deficit follows a record number of 63.1…
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Trump removes obstacles to Israel’s 2025 budget approval
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The state budget opportunities for the year 2025 increased by Knesset, the Ministry of Finance sources believed after the meeting in Washington between US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu. The ambitious plan presented by Trump to convert the Gaza Strip into a region controlled by the…
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Israel’s Iron Beam set for deployment this year
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The air defense system in Israel is scheduled to operate in the second half of 2025, and now the “National Defense” website has published comments about the regime from the head of the advanced defense systems in Raphael Juffal Steinz. “We had to find a way to bypass the atmosphere…
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Israel’s Defense Ministry awards Elbit $80m F-16 protection deal
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An Israeli electronics company for defense Elbit Systems Ltd. (Nasdak: Eslt;; level:EsltA $ 80 million contract was granted by the Israeli Ministry of Defense for Defense and Initial Installation of the Air Advanced Self-Protection Group on the F-16I fleet. Elbit Systems already provides a group of defense systems for different…
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Israel’s fiscal deficit falls below 7%
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Israel’s fiscal deficit narrowed for the third month in a row and ended 2024 at 6.9% of GDP, the Finance Ministry reported. The deficit in the twelve months until the end of December 2024 amounted to 136.2 billion shekels. After a year of war on several fronts and mass evacuations…
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Israel’s bullish markets see hostage deal as just the start
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In recent days, the financial markets in Israel have behaved as if they know something that we do not know. As rumors of a ceasefire grow, the shekel grows stronger, and stock market gains point to hopes far beyond an end to the fighting in Gaza. Market sources are optimistic…
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New surtax targets Israel’s wealthiest
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Families in the top 0.01% of wealth in Israel will pay an average of NIS 300,000 more in additional tax in 2025, according to calculations based on Finance Ministry projections for a new law, which took effect on January 1 and seeks to expand tax collection from the wealthy. While…
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New surtax targets Israel’s wealthiest
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Families in the top 0.01% of wealth in Israel will pay an average of NIS 300,000 more in additional tax in 2025, according to calculations based on Finance Ministry projections for a new law, which took effect on January 1 and seeks to expand tax collection from the wealthy. While…
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Pratt & Whitney postpones closure of Israels BTL
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Two years after US aerospace manufacturer Pratt & Whitney announced the closure of the Israeli factory Blades Technology (BTL), the situation on the ground has changed. It was expected that 900 employees would be laid off at the Nahariya factory. But a source close to the matter told Globes that…
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Pratt & Whitney postpones closure of Israels BTL
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Two years after US aerospace manufacturer Pratt & Whitney announced the closure of the Israeli factory Blades Technology (BTL), the situation on the ground has changed. It was expected that 900 employees would be laid off at the Nahariya factory. But a source close to the matter told Globes that…