Category: Jerusalem
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Jerusalem Red Line extension awaits ribbon cutting
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“Globes” has learned that safety approvals to open the extension of the Rail Light Rail Line Line Line Line line were received last week. However, the final approval was delayed from the Ministry of Transport, while a date was found for the ribbon cutting ceremony attended by Prime Minister Benjamin…
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Jerusalem Red Line extension awaits ribbon cutting
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“Globes” has learned that safety approvals to open the extension of the Rail Light Rail Line Line Line Line line were received last week. However, the final approval was delayed from the Ministry of Transport, while a date was found for the ribbon cutting ceremony attended by Prime Minister Benjamin…
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Foreign residents dominate Jerusalem city center housing market
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There was a discussion two years ago about the Azurim plan to convert the workshops and offices area at Yermiyahu Street and AHHOLIAV Street near the western entrance to Jerusalem to 14-20 residential floors. Looking at the plans, the Planning and Building Committee in the Jerusalem County, between the President…
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Jerusalem light rail extension to open this month
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From Sunday, the light Jerusalem line of the railway of passengers will not take five days, as experimental operations are performed on the full line with the new extensions to Hadassah Ain Kirim in the south and Nifa Yakov in the north. Private bus roads will be presented as alternatives…
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Bank of Jerusalem renews bid for Isracard
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Although it signed a new investment agreement with Delek Group and canceled its previous agreement, signed in October, with the insurance company Menora Mivtashem, the credit card company Isracard still has another suitor that has not given up hope: Jerusalem Bank. Yesterday evening, the bank, headed by Yair Kaplan, sent…
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Jerusalem records Israel’s most expensive housing deals
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This year, instead of summarizing the year in the luxury housing market, Globes lists the most expensive deals in Israel’s 10 largest cities. In comparing cities, Jerusalem surprised this year by recording the largest deals in Israel, while Tel Aviv came in second place by a large margin. However, since…
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Bank of Jerusalem raises bid to merge with Isracard
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The race to acquire Isracard (TASE: ISCD) heats up as Jerusalem Bank (TASE: JBNK) joins Delek Group (TASE: DLKG) and Menora Mivtachim (TASE: MMHD) in bids to buy the Israeli credit card company. Last Wednesday, Delek Group offered to buy a controlling stake in Isracard at a company valuation of…
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Bank of Jerusalem to bid for Isracard
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Jerusalem Bank (TASE: JBNK) joins the race to acquire credit card company Isracard (TASE: ISCD). The details of the offer submitted by the bank are not yet clear, but it said in a statement that “the bank’s board of directors decided to inform “Isracard” of its intention to submit an…
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Metro to serve Jerusalem population of 1.8m by 2050
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What will Jerusalem look like in 2050? According to plans submitted to a special hearing for Jerusalem District Planning and Construction, there will be a metro (underground railway) operating in the city, 220,000 new homes will be built and the population of the metropolitan area will double to 5 million.…
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Metro to serve Jerusalem population of 1.8m by 2050
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What will Jerusalem look like in 2050? According to plans submitted to a special hearing for Jerusalem District Planning and Construction, there will be a metro (underground railway) operating in the city, 220,000 new homes will be built and the population of the metropolitan area will double to 5 million.…
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Despite objections 42-floor “Burj Jerusalem” tower approved
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More than 200 objections did not stop the Jerusalem District Planning and Building Committee from approving a plan to build a 42-story tower near Mount Herzl in the capital, a source close to the matter told Globes. The controversial plan at the Epstein complex overlooks the Yad Vashem Holocaust memorial…
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Tenders issued for huge Jerusalem office projects
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Earlier this week, the first step was taken to build three new mega-projects in Jerusalem, including 300,000 square meters of government office space. Tenders issued by the Finance Ministry’s Accountant General’s Office and the Government Assets Management Authority target the financing, design, planning, construction and maintenance of the Har Hotzvim…
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JNF indecisiveness delays development of Jerusalem land
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In one of the largest real estate deals ever seen in Jerusalem, in January 2023, Jewish-American real estate tycoon Gary Barnett purchased land owned by the Greek Patriarchate for NIS 750 million. The deal was intended to end the deadlock over leasing the land so it could be developed. But…
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Jerusalem Germany Colony house sold for NIS 32m
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The Templar House in the German Colony in Jerusalem, which was intended to be preserved, was sold for NIS 32 million. The house, located at the corner of Yitzhak Karmia Street and Yohanan Smuts Street, was purchased by a family that immigrated to Israel from the United States 10 years…
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Luxury homes: Jerusalem booms, Herzliya slumps
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A recent surge in deals in Jerusalem’s luxury housing market, with prices exceeding NIS 10 million, puts the city second only to Tel Aviv in terms of the number of luxury deals in the past 18 months, according to Globes. Tel Aviv continues to lead the luxury housing market in…
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Jerusalem light rail delays pile up
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Delays are piling up in the expansion of Jerusalem’s light rail system. Globes has learned that the Green Line between Mount Scopus and Gilo, which was scheduled to open next year, will now not open until March 2026. And the Red Line extension, originally scheduled to open in July 2023,…
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Jerusalem Metro preliminary planning tender issued
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The Transportation Master Plan Team, which oversees the construction of transportation infrastructure in Jerusalem, today published a tender for the initial planning and feasibility study of metro lines in Israel’s capital. The tender was issued after the Jerusalem Municipality and the Ministry of Transportation determined that the city’s light rail…