Tel Aviv's lplanned Azrieli Spiral Tower Tel Aviv looks to the skies

In the coming decade, the current tallest buildings in Tel Aviv, Ramat Gan and Givatayim will be dwarfed by a new generation of high-rise developments.

Gil Shwed  credit: Cadya Levy Gil Shwed to sell Check Point shares worth $200m

The sale arises from options allocated to Shwed in 2017. He is due to step down as CEO and become executive chairperson, but no successor has yet been announced,

New homes credit: Shutterstock New home sales in Israel up 21% in Q1

According to the Central Bureau of Statistics, 23,250 new homes were sold in the first quarter of 2024.

Residential construction in Ashkelon  credit: Shutterstock/Yuri Dondish April mortgage taking shows continuing recovery

Mortgage taking in April 2024 was 28% higher than in April 2023.

Knesset credit: Shutterstock Roman Yanushevsky On Independence Day eve Israel's population reaches 9.9m

The population has grown by 1.9% or 189,000 since last Independence Day, the Central Bureau of Statistics reports.

Assaf Goldberg and Danny Tocatly  credit: Gil Gibli Alleged irregularities put publicity-shy dynasties in spotlight

The Goldberg and Tocatly families discreetly dominated stock market operations systems for half a century, but a problematic venture into provident funds has brought unwelcome attention.

Israeli apartments Credit: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel in Tel Aviv, Givat Shmuel, Hod Hasharon, Ramla, Shlomi and Kiryat Malakhi.

Air Canada suspends Israel flights until August

This month passengers wishing to fly directly between Israel and North America can only do so on El Al Israel Airlines.

Moody's  credit: Shutterstock/Daniel J. Macy Moody's leaves its Israel rating unchanged

"The current A2 rating adequately captures Israel's elevated exposure to geopolitical risks."

Recep Tayyip Erdogan  credit: Shutterstock/Mr. Claret Red Turkey rescinds relaxations on trade with Israel

Comments by Israeli Foreign Minister Israel Katz forced the Turkish government into denying reports of renewed exports of construction materials.

Exports being loaded at Ashdod Port  credit: Tamar Matsafi Israeli exporters warned on South Africa

Ashra, the Israel Foreign Trade Risks insurance Corporation, says one outcome of political instability in South Africa could be a ban on payments to Israel.

Idan Ofer credit: Sivan Farag Idan Ofer again loses on EVs

Ten years ago, Better Place collapsed with losses of NIS 3 billion. Now, OPC, controlled by Ofer's Kenon Holdings, is writing off its much more modest investment in charging station company Gnrgy.

SolarEdge CEO Zvi Lando credit: Eyal Izhar SolarEdge dips after another weak quarter

First quarter revenue was 78% below the the corresponding quarter of 2023.

Teva  credit: Cineberg/Shutterstock Teva schizophrenia drug Phase III results excite analysts

Evercore ISI analyst Umer Raffat believes that sales could amount to more than $1 billion annually.

Yali Rothenberg credit: Shlomi Yosef Fiscal deficit widens beyond government's target

Israel's fiscal deficit continued to widen in April, reaching 7% of GDP over the past 12 months, or NIS 132.2 billion, the Ministry of Finance accountant general Yali Rothenberg reports.

Port of Gemlik in Turkey  credit: Shutterstock Turkey approves renewal of exports to Israel

The approval is temporary and only for factories that have already worked with Israel.