Category: 6. Business
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90 High Holborn sold for £180 million a gain of £385 million for Teddy
The Teddy Sagi Group has been steadily realizing its assets, concluding its Holborn holdings with the sale of its final property. LabTech has now sold all six of its Holborn properties, with the 90 High Holborn transaction alone closing at… Continue Reading
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Mekorot Bonds successful institutional demand is 2.33 billion
Mekorot, Israel’s national water company, successfully completed the institutional stage of raising tradable bonds on Sunday through Series 11 expansion. The company originally aimed to raise NIS 800 million in debt, while as part of the… Continue Reading
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After court victory, 5 Israeli cos exhibit at France’s Euronaval
Five Israeli companies participated today in the prestigious Euronaval exhibition, which opened in France, five days after the Paris Commercial Court struck down the decision by the French government to bar Israeli companies from… Continue Reading
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New initiative connects Israeli tech to UK healthcare
The Dangoor Foundation, in partnership with the UK-Israel Tech Hub at the British Embassy in Israel, launched the Dangoor Health-Tech Academy today. The academy seeks to introduce pioneering Israeli technology to UK healthcare… Continue Reading
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Rosenberg: U.S. election will be heavily contested
Rosenberg Research President and Founder David Rosenberg told the Financial Post last week that the upcoming U.S. presidental election could bring uncertainty into the equities markets and, by nature, higher precious metals prices.
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Metro to serve Jerusalem population of 1.8m by 2050
How will Jerusalem look in 2050? According to plans presented to a special hearing of the Jerusalem District Planning and Building there will be a Metro operating in the city, 220,000 new homes would have been built and the… Continue Reading
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How much do Mossad employees earn? The monstrous sum Yossi Cohen paid fo
Yossi Cohen, former Mossad chief and now a representative of the SoftBank investment fund in Israel, purchased an apartment in the luxury RAINBOW project by Israel Canada in the sought-after Sde Dov neighborhood in Tel Aviv. The apartment,… Continue Reading
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Defense Ministry to sell homes around Israel
The Ministry of Defense has published a public auction for the sale of 19 apartments worth an estimated NIS 28-30 million. The Ministry of Defense has published a public auction for… Continue Reading
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Aryt Industries jumps on NIS 310m US order for fuses
Israeli defense company Aryt industries (TASE: ARYT), which is based on the Gaza border in Sderot, today reported a large order for fuses worth NIS 310 million. The new order almost doubles its backlog of orders to NIS 700 million,… Continue Reading
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Second only to Ukraine: The cost of Israel’s defense burden
The defense budget approved by the government for 2025 is NIS 117 billion, or 6.5% of Israel’s GDP. The amount is NIS 15 billion above the Ministry of Finance’s original proposal, and almost NIS 60 billion more than in a regular… Continue Reading
