The announcement of the return of major European airlines to Israel including Lufthansa Group, Air France, British Airways and easyJet has increased the likelihood that US airlines will join the wave of resumptions and return to Israel.
Category: 6. Business
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Delta Airlines mulls resuming Israel flights before April
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Trend Reversal? 2024 ends with unexpected drop in apartment
A new report from Israel’s Central Bureau of Statistics reveals a surprising downturn in apartment sales during the final months of 2024, despite earlier positive trends. While sales showed a 65.2% increase compared to the same period in…
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Greylock appoints Mor Chen as Israel partner
US venture capital fund Greylock, which over the years has invested in Facebook, Instagram, and Palo Alto Networks, is returning to Israel with local representation after more than a decade. As previously reported by Globes, the…
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Israeli AI mental healthcare co Eleos raises $60m
Israeli AI mental healthcare company Eleos Health today announced the completion of a $60 million Series C financing round led by Greenfield Partners, with participation from existing investors F-Prime Capital, Eight Roads, Menlo…
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Bank Leumi EVP: The north will rebound in 2025
“Businesses and households in the north have undoubtedly suffered a hard blow, but not a fatal one. The north will recover and return to prosperity, but the recovery process will be long,” Bank Leumi EVP and head of banking division…
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Ofra Strauss: New factory in north is our response
“I hope that at the end of the year we will open the new factory that we have been building for the past three years in Ahihud. After three years of construction, several hundred million shekels that we have invested in technologies…
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Credit card co ICC-CAL seeks NIS 4b valuation
Investment bank J.P. Morgan has been hired by Israel Discount Bank (TASE: DSCT) and First International Bank of Israel (TASE:FTIN1; FTIN5) to promote the sale of Israel Credit Cards (ICC) – CAL. The bidding war for control of rival…
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As market prices rating upgrade, Treasury mulls o’seas offering
The hostage release and ceasefire agreement between Israel and Hamas has already contributed to economic recovery in Israel. The country’s risk premium and yields on government bonds have fallen sharply from their levels at the…
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S&P, Fitch cautious on ceasefire’s impact on Israel rating
International credit rating agencies S&P and Fitch Ratings both say that the ceasefire and hostage release agreement between Israel and Hamas could alleviate the factors behind their negative outlooks for Israel’s rating, but that…
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BoI governor Yaron sees interest rate falling in second half
Governor of the Bank of Israel Amir Yaron said in an interview with CNBC at the World Economic Forum in Davos yesterday that inflation in Israel was “still above our target, which is between 1% and 3%.”
“We expect inflation in the…
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