Category: 6. Business

Israel’s housing price rises have gained renewed momentum, and unlike previous months, when most of the increases came from second-hand apartments, in the last few months of 2024 a change in the trend became evident, with most of…

Nvidia’s announcement yesterday that it is building one of Israel’s largest data centers in Mevo Carmel near Haifa at an investment of more than $500 million, which will also include its new labs, is the latest example of the US…

Israel’s Consumer Price Index (CPI) fell 0.3% in December, more than expected with analysts predicting a 0.1% fall, after the CPI rose 0.5% in October. In the twelve months 2024, the rate of inflation fell to 3.2%, from 3.4% at…

The financial markets in Israel have in recent days been behaving as if they know something we don’t. As rumors of a ceasefire grow, the shekel is strengthening, and the stock market gains suggest hopes that go far beyond an end…

The partnership operating the IPM power plant led by the Keystone Fund recently deposited with the local planning and building committee a major plan to build a new data center in Be’er Tuvia. The move, which still requires approval…