Globes - Israel Business News
Israel signs $5.2b Boeing deal for F-15 fighter jets. The Ministry of Defense is procuring 25 advanced F15IA jets for delivery from 2031. Israel's forex reserves fell sharply in October. Shekel gains against dollar, bucking global trend. Trump and heavy losses drag SolarEdge to new low.
Rents in Tel Aviv resume rise - Globes
Oct 13, 2024 · The average monthly rent for an apartment in Tel Aviv in the second quarter of 2024 was NIS 7,000, up 4.9% from the second quarter of 2023, the Central Bureau of Statistics reports. Despite this statistical rise, industry sources say that in practice rents have fallen. Real estate agent Shirli Werner from Re/Max - Ocean, which manages three ...
ENERGY - Globes
The Israeli solar energy company's market cap is currently $840 million, a fraction of the $19 billion market cap at SolarEdge's peak three years ago. The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise on Thursday at midnight November 1, by NIS 0.04 per liter to NIS 7.12 per liter.
ECONOMY - Globes
S&P sees Israel's economy shrinking this year. S&P Global Market Intelligence's research department predicts 3.2% growth in Israel next year and 3.6% in 2026. In Israel Nvidia snaps up employees leaving Intel. Intel's layoffs coincide with major expansion in Israel by its rival Nvidia, which is taking advantage of the situation.
Israel's forex reserves again hit new record - Globes
Israel’s foreign exchange reserves at the end of September 2024 hit a record high of $220.377 billion, an increase of $2.992 billion from their level at the end of August, which was itself a new record, the Bank of Israel reports. The level of the reserves relative to GDP at the end of September was 42.8%. The increase was the result of a ...
News - Globes
2 days ago · Upwind, cofounded in 2022 by CEO Amiram Shachar, who previously founded cloud security management company Spot.io, which was sold to NetApp for $450 million in 2020, is raising the money at s $850-900 million valuation, "TechCrunch" reports. 10/11/2024 16:21 Start ups Globes correspondent.
Treasury plans higher tax on Israel's wealthiest - Globes
According to the Ministry of Finance’s forecast, raising the surtax rate from 3% to 5% will yield NIS 1 billion to the state in 2025, and NIS 1.5 billion each year thereafter. In addition, expanding the applicability of the surtax on real estate investments will add NIS 420 million revenue in 2025 and another NIS 510 million when the measure ...
Globes - Israel Business News
Jul 11, 2024 · Search Results: found 1,024 results for "" Thu: TASE ends week on new record 7/11/2024 Globes correspondent. Shekel gains against dollar, bucking global trend 7/11/2024 Hezi Sternlicht
HEALTHCARE - Globes
New initiative connects Israeli tech to UK healthcare. The Dangoor Health-Tech Academy will foster collaboration between Israeli startups and Britain's National Health System, initially focusing on AI or automation-driven healthcare solutions.
MARKET - Globes
Israel's forex reserves fell sharply in October. Israel’s foreign exchange reserves at the end of October 2024 fell to $216.074 billion, a decrease of $4.303 billion from their level at the end of September, the Bank of Israel reports.