Category: 6. Business
-
Gil Shwed to sell Check Point shares worth $200m
For a long time, Check Point (Nasdaq: CHKP) CEO Gil Shwed has received no salary (beyond the minimum wage), and no bonus, but allocations of options only, at his request. The aim is to create alignment between Shwed’s compensation… Continue Reading
-
Evacuees’ return to the South: Hundreds of apartments approved in quick
The National Planning and Construction Council, on Tuesday, May 7, recommended to the Interior minister an exemption from a plan and permit for constructing up to 300 housing units for Kibbutz Kfar Gaza evacuees in Kibbutz Ruchama. This… Continue Reading
-
On Independence Day eve Israel’s population reaches 9.9m
The population has grown by 1.9% or 189,000 since last Independence Day, the Central Bureau of Statistics reports. Israel’s population has reached 9.9 million on the eve of Israel’s… Continue Reading
-
New home sales in Israel up 21% in Q1
According to the Central Bureau of Statistics, 23,250 new homes were sold in the first quarter of 2024. Israel’s housing market has gone back five years in terms of the number of new… Continue Reading
-
Alleged irregularities put publicity-shy dynasties in spotlight
2024 should have been a special year for the Goldberg family. Exactly fifty years ago ,in 1974, Shimon Goldberg founded FMR, which became a dominant company in the provision of trading systems to financial institutions in Israel,… Continue Reading
-
April mortgage taking shows continued housing market recovery
There was a relatively high amount of mortgage taking in April when the public took NIS 5.91 billion worth of loans even though the eight day Passover holiday reduce the number of business days last month. The level of mortgage… Continue Reading
-
Air Canada suspends Israel flights until August
This month passengers wishing to fly directly between Israel and North America can only do so on El Al Israel Airlines. Air Canada has suspended the resumption of flights to Israel… Continue Reading
-
Gamida Cell has a second chance to be an Israeli success story
Success through technological innovation has become a cornerstone not just of the Israeli economy but of its society as well. The start-up culture woven throughout the country’s fabric has driven founders to create projects that have… Continue Reading
-
Surprising price: Tel Aviv entrance land sold for surprising price
After years of a sought-after and once-polluted plot in Gush Dan laying dormant, the Israel Land Authority revealed last Monday that the tender for building 528 apartments in the HaShalom Ta’as complex at Tel Aviv’s entrance was awarded to… Continue Reading
-
Moody’s leaves its Israel rating unchanged
Late on Friday, Moody’s Ratings released an update on Israel, leaving the Government of Israel’s A2 foreign-currency and local-currency issuer ratings and negative outlook unchanged, with a negative outlook. In its reasons for the… Continue Reading