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.
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,
According to the Central Bureau of Statistics, 23,250 new homes were sold in the first quarter of 2024.
Mortgage taking in April 2024 was 28% higher than in April 2023.
The population has grown by 1.9% or 189,000 since last Independence Day, the Central Bureau of Statistics reports.
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.
A selection of recent real estate deals in Israel in Tel Aviv, Givat Shmuel, Hod Hasharon, Ramla, Shlomi and Kiryat Malakhi.
This month passengers wishing to fly directly between Israel and North America can only do so on El Al Israel Airlines.
"The current A2 rating adequately captures Israel's elevated exposure to geopolitical risks."
Comments by Israeli Foreign Minister Israel Katz forced the Turkish government into denying reports of renewed exports of construction materials.
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.
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.
First quarter revenue was 78% below the the corresponding quarter of 2023.
Evercore ISI analyst Umer Raffat believes that sales could amount to more than $1 billion annually.
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.
The approval is temporary and only for factories that have already worked with Israel.