Category: NIS
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Central Tel Aviv lot fetches NIS 644m
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Acro Real Estate (TASE: ACRO) and Kata Group won the Israel Lands Authority auction for the Israel Military Industries (IMI) plot of land on Hashalom Street in central Tel Aviv with a bid of NIS 644 million plus NIS 67 million. Development costs. This amount is five times the minimum…
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Imco signs NIS 377m IDF armored corps deal
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Israeli Defense Electronics Solutions Company AIMCO INDUSTRIES The Israeli Ministry of Defense today announced a multi-year framework agreement worth NIS 377 million, under which Emco will manufacture and supply electrical systems and subsystems, including advanced video management systems, voltage management systems and instruments, for the IDF’s armored combat vehicles –…
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Average monthly wage in Israel exceeds NIS 14,000
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Preliminary figures for March 2024 show that the average monthly wage reached NIS 14,108, an increase of 3.5% from March 2023, according to Central Bureau of Statistics reports. Preliminary figures for March 2024 show that the average monthly wage reached NIS 14,108, an increase of 3.5% from March 2023, according…