News

The 320 square meter apartment is on the 34th floor of the 44-floor Tel Aviv tower, which will include a Six Senses hotel.

Minister of Justice Yariv Levin insists the High Court of Justice order to convene the Judicial Selection Committee to appoint a new Supreme Court president is illegal.

The increase was mainly the result of a revaluation that increased the reserves by about $4.243 billion, the Bank of Israel reports.

Israel's Attorney General Gali Baharav Miara has made it clear to the High Court of Justice that the decision to change the way in which the Civil Service Commissioner is chosen is illegal.

The Israeli company's share price fell sharply on Friday after reports that Intel is considering options for selling part of its 88% stake in order to ease its liquidity problems.

A selection of recent real estate deals in Israel in Holon, Beit Dagan, Ra'anana, Modi'in, Zikhron Yaakov and Tirat Hacarmel.

Israel's Ministry of Finance has received a radical proposal from former senior officials and businesspeople to tackle black capital and tax evasion, and narrow the fiscal deficit.

Former ambassador to the UN Erdan is believed to be the candidate favored by Minister of Defense Yoav Gallant to head the state-owned aerospace company..

Deputy chief minister of Maharashtra Devendra Fadnavis says the plant will eventually produce 80,000 wafers annually.

Own has developed a platform that provides companies with backup to protect against the loss of essential data.

Azerbaijan is offering major tax incentives to startups that move operations to the country.

At the same time many foreign airlines are resuming flights to Israel this week.

The Netherlands Army has announced it will procure more than 200 medium-range anti-tank missile launchers for an investment of as much as €250 million.

Poria Financial Planning chairman Or Poria: We see the shekel strengthening in the long term.

War at home and abroad has boosted the share prices of defense companies traded on the Tel Aviv Stock Exchange.

SSI will focus on building a small highly trusted team of researchers and engineers in Palo Alto and Tel Aviv, company executives have told "Reuters."

Discussions are underway on reform of the real estate tax, which has become a bureaucratic monster.

Mizrahi Tefahot Bank chief economist Ronen Menachem: The hostage deal uncertainty and judicial reform talks also weaken the shekel but Smotrich's 2025 deficit plans could offset the depreciation.

In July 2024, the average wage in Israel was NIS 13,683, up 6.7% from July 2023, the Central Bureau of Statistics reports.

Norway's sovereign wealth fund is considering toughening the ethical criteria for its investments, and disinvesting from more global companies connected to Israel's war in Gaza, "Reuters" reports.

The new processors for personal computers, development of which was managed by an Israeli team in Haifa, incorporate an AI engine.

The layoffs, which were delayed because of the October 7 massacre, took place in January.

The government has already approved raising VAT to 18% from January 1, 2025 as part of a special budget that was passed after the start of the war.

Finance Minister Bezalel Smotrich aims to narrow the deficit with a freeze on public sector pay, pensions and allowances, and higher income tax for the lowest tax bracket.

The Israeli insurance and finance firm is offering to buy a 32% controlling core in the credit card company.

Avison Young Israel CEO Guy Amosi says companies prefer to wait and see before expanding office space but says there will be a boom after the war.

Discussions on the 2025 budget have resumed, but government sources question whether the minister of finance and the prime minister are in step.

Adv. Ephraim and Odelia Shpitalni own 60% of Gamla Harel, which Harel Insurance has offered to buy at a NIS 560 million valuation.

The group suspended flights to and from Israel after the the deadly rocket attack on Majdal Shams on July 27.

A two month legal review by the new Labor government has found that some British defense exports, "might be used in violation of international law in Gaza."

Israeli tech entrepreneur, who lost his daughter in the Supernova music festival, says that according to all indications a hostage deal is on the table and for political reasons has not been closed.

After rejecting offers valuing the company at up to $1.7 billion last year, the Israeli polymer 3D solutions company now has a market cap of just $489 million.

Israeli private equity firm FIMI has reduced its stake in the aviation industries company from 51.8% to 26.8%.

Intel is reportedly considering splitting into a production company and a development company. It employs thousands of people in Israel in both categories.

The Ministry of Finance petitioned the Labor Court for an injunction to end what it says was a blatantly political strike.

The general strike in support of the families of Israeli hostages in the Gaza Strip may continue for another day, unless the courts intervene.