The OECD has published a model tax treaty to fix the taxable profit of companies that import physical goods from a related foreign supplier. Much international trade is done this way.
The model treaty issued last September is known as the…
Category: 6. Business
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Will US military aid to Israel stay solid under Trump?
The new-old President of the US Donald Trump refuses to fight other peoples’ wars, and so the US presence in the Middle East, including the military aid to Israel, whether through monetary grants or through physical presence,…
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Hotel co Pies Siam completes TASE IPO
Hotel company Pies Siam (TASE: PIES) began trading on the Tel Aviv Stock Exchange yesterday. The company was founded and is controlled by veteran real estate developer Shlomo Dahokey, who serves as chairman. Until recently Pies Siam…
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Air India to resume Israel flights
After more than six months without direct flights to India, Air India has announced the resumption of operations on the Tel Aviv-Delhi route starting March 2, 2025 with five weekly flights.
Delhi serves as a significant hub for…
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Turkey hints at end of Israel trade embargo
When the war broke out, Syria was part of the Iranian axis, while Turkey led the Muslim Brotherhood axis, which supports Hamas but also abhors Shiites. Fifteen months later, Turkey has maintained the same policy, but the uprising…
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Energean signs $2b Dalia power plants gas deal
Energean plc (LSE: ENOG; TASE: ENOG), managed by CEO Mathios Rigas, announced this morning that it has signed a binding memorandum of understanding (MoU) to provide 12 billion cubic meters (BCM) of natural gas to Dalia Energy’s…
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Shekel hits two-year strongest against US dollar
After reaching its strongest for two years against the dollar yesterday, the shekel is weakening today against the US currency, although firm against the euro. In morning inter-bank trading the shekel-US dollar exchange rate is up…
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Bank Yahav offers lowest fees for banking services, Bank of Israel finds
Bank Yahav charges the lowest fees for checking account activities, according to a report by the Bank of Israel’s Banking Supervision Department presented to the Knesset Economic Affairs Committee on Wednesday.
Bank Yahav, associated with…
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Sano implements first industrial solar heating system from Kibbutz Magen
Sano, Israel’s leading non-food consumer products company, has become the first industrial company to implement an innovative solar heating system from Kibbutz Magen near Gaza, according to a statement released by the company earlier this…
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Cantor names monday.com a top pick in AI-driven software stocks
The continued expansion of AI and GenAI (generative artificial intelligence) has created opportunities for software infrastructure companies in these worlds, and US investment bank Cantor has picked stocks expected to benefit from this…
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