Israel’s national water company, Mekorot, announced a net profit of about NIS 215 million for 2024, showing a 14% increase from NIS 189 million in 2023. The net profit for the company in the fourth quarter reached NIS 49 million, which…
Category: 6. Business
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One Zero CEO: Bank account abuse is easily solved
Eyal Gafni told the Globes “Going Long on Israel” Conference that with higher awareness the public can stop keeping their money in current accounts with zero returns.
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Neighborhood of the future in Jerusalem to begin with major investment
Tadmor Group, Aridar, Abu, Azorim, and Mimushim announce that the Jerusalem Local Planning and Building Committee has recommended for approval, under conditions, the urban building plan for the prestigious “Har Nof Slopes” project—one of…
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Shekel rebounds on volatile forex market
Without a further trigger, such as an escalation on the security front or a further deterioration in political stability, there is no expectation in the market for foreign exchange turmoil.
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It’s already a tradition: Mizrahi Tefahot’s leading women in real estate
This is the third year that Mizrahi Tefahot Bank has brought together leading women in the real estate field in Israel in one morning and in one place. This year, the conference, which concluded International Women’s Month, hosted…
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FIMI CEO: Foreign investors flocking back to Israel
Ishay Davidi told the Globes “Going Long on Israel” Conference that investors who pulled out of Israel after October 7 have begun returning in large numbers.
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Accountant General: No prospect of rating upgrade
Ministry of Finance Accountant General Yali Rothenberg sees 2025 as a stabilizing year for Israel’s debt:GDP ratio.
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Wix employees gain $102m on options
The intrinsic value of options exercised by Wix employees in 2024 rose to $102 million from $19.5 million in 2023.
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Tel Aviv stocks: Rebound or long slide?
Statistics show a two-thirds chance of high returns after a steep one-day fall. Yields on Israel government bonds are rising sharply.
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AG slams gov't for seeking to be above the law
Attorney General Gali Baharav-Miara did not attend the cabinet meeting, which unanimously passed a no confidence vote in her.
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