Category: 6. Business
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Despite the heavy fighting, there has been no damage to the water supply
Mekorot CEO Amit Lang spoke at length about the challenges facing the Israeli water sector during the war, and the continuing efforts to connect the entire country to the national water carrier at the Infrastructure, Energy, and… Continue Reading
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UBS: Demand for platinum jewelry may increase in China
A note released by Switzerland-based UBS suggests rising gold prices and subsequent noticeable drop in jewelry demand could spark new interest in platinum as a designer metal. “According to a new report from Platinum Guild International… Continue Reading
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WPM CEO: Global gold investment patterns will fuel price increases
Randy Smallwood, CEO of Wheaton Precious Metals (WPM), recently told CNBC a shift in global gold investment patterns is fueling the yellow metal’s historic price rise. While the eastern part of the world, particularly China, has long been a… Continue Reading
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US Jewish community buys 64 Beit Shemesh apartments
Foreign residents are continuing to buy Israeli apartments in group purchases. Rotem Shani Development and Investment (TASE: RTSN) yesterday reported that it has begun marketing its latest project in Beit Shemesh and begun its… Continue Reading
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Putin Confirms BRICS Developing Independent Payment System
At the Russian Energy Week forum in Moscow, President Vladimir Putin announced that the BRICS nations are actively working on creating their own payment and settlement system. This initiative is aimed at reducing dependence on Western… Continue Reading
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Timora real estate fund appoints Sagi Cohen CFO
Timora real estate fund has appointed Sagi Cohen CPA as the fund’s new CFO. Cohen (42) has more than 15 years of experience in the income producing real estate market in Israel and Poland, having previously served as CFO of Giron… Continue Reading
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European airlines offering affordable fares still flying to Israel
With the EU recommending that airlines halt flights to Israel, North American airlines having canceled flights weeks ago, and Israeli airlines fully booked for the holidays, there are still options for entering and leaving the… Continue Reading
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IVC-LeumiTech: Despite war startup raising up 32%
Despite the war, investments in Israeli startups in the first nine month of 2024 amounted to $7.22 billion, up 32% from the first nine months of 2023, IVC-LeumiTech reports in its quarterly survey. There is a certain upward bias in… Continue Reading
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Azerbaijani president visits IAI booth at ADEX 2024
Baku, Azerbaijan, and Manila, Philippines – Israel Aerospace Industries (IAI) recently participated in two of the world’s most prominent defense exhibitions: ADEX 2024 in Azerbaijan and ADAS 2024 in the Philippines, showcasing its… Continue Reading
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Registration opens for discounted apartment lottery: Here is the full li
You’ve been waiting, and now it’s here: The Ministry of Construction and Housing and the Israel Land Authority opened registration this morning (Monday) for the eighth “Apartment at a Discount” lottery. The lottery will be open for five… Continue Reading
