Category: 6. Business
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German arms exports to Israel up sharply
According to data from the German Foreign Ministry, in the last three months alone, Germany has approved defense exports to Israel worth about €94 million. Contrary to reports that… Continue Reading
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S&P sees Israel’s economy shrinking this year
S&P Global Market Intelligence’s research department predicts 3.2% growth in Israel next year and 3.6% in 2026. A comprehensive report by S&P Global Market Intelligence’s research… Continue Reading
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Soaring Prices Cool China’s Gold Buying, Consumption Falls 11%
(Reuters) China’s gold consumption witnessed a significant decline in the first nine months of 2024, dropping 11.18% to 741.732 metric tons compared to the same period last year, according to the China Gold Association. The decrease… Continue Reading
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Yossi Cohen buys NIS 14m Tel Aviv apartment
Former Mossad chief Yossi Cohen, who currently serves as SoftBank investment fund’s representative in Israel, has bought an apartment in Israel Canada’s (TASE:ISCN) Rainbow project in Sde Dov in Tel Aviv. Cohen is paying NIS 14… Continue Reading
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Newmont earnings results give mining investors pause
Shares of Newmont Corp. (NYSE:NEM) dropped heavily last week following a Wednesday earnings release that, while solid, did not meet investor expectations amid a gold rally not seen since 2011. Shares dropped as much as 19% from the stock’s… Continue Reading
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Strategist: October the best month on record for gold ETFs
Gold powered through its “September curse” and followed up with a record-breaking October, according to Blackrock EMEA Investment Strategy Head Karim Chedid. The analyst recently told Bloomberg that $4 billion moved into gold ETFs in… Continue Reading
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Oil prices dip dramatically after Israel’s attack on Iran
Oil prices fell more than $3 per barrel on Monday after Israel’s retaliatory airstrikes on Iran over the weekend avoided targeting Tehran’s oil and nuclear facilities, easing fears of supply disruptions in the Middle East. For more… Continue Reading
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Preparing for TAMA 38? Key clarification issued by the tax authority
A few weeks ago, the Tax Authority announced that it had begun issuing a new type of publication: professional position papers. These are brief and focused publications, usually addressing a specific issue on a particular topic. Following… Continue Reading
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Defense Ministry signs NIS 2b laser defense system deal
Israel’s Ministry of Defense director general General Eyal Zamir (res.) last night signed a NIS 2 billion order to expand serial production of Iron Beam – the first laser interception system developed by Israel. As part of the… Continue Reading
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Theatron Jerusalem: A fusion of history, hospitality, and heart
In the heart of Jerusalem, where ancient echoes mingle with the pulse of modern life, a unique project has been taking shape for over a decade. Theatron Jerusalem, a visionary endeavor by the Hasid family, is more than just a luxury hotel… Continue Reading
