The shekel has strengthened sharply against the US dollar this morning, and the assessment on the market is that the main reason is the substantial progress reported on a deal to obtain the release of Israeli hostages held by Hamas…
Category: 6. Business
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Carlton Tel Aviv hotel produce BBQ feasts to IDF combat troops
The Carlton Tel Aviv Hotel’s management, staff, and owners recently receive brought a taste of home to the IDF soldiers located along Israel’s borders. In an initiative designed to raise spirits and improve morale, the hotel group prepared…
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Nvidia in advanced talks in Israel over new tax benefits
Leading international tech companies, led by Nvidia, are currently in advanced talks with Israel’s Ministry of Finance on innovative tax arrangements in Israel, “Globes” has learned. In the talks, chip giant Nvidia has proposed a…
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Nvidia in advanced talks in Israel over new tax benefits
Leading international tech companies, led by Nvidia, are currently in advanced talks with Israel’s Ministry of Finance on innovative tax arrangements in Israel, “Globes” has learned. In the talks, chip giant Nvidia has proposed a…
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Turkish Airlines still saving Tel Aviv flight slots
Turkish Airlines halted Israel operations with the outbreak of the war in October 2023. Even so the airline has decided to save its flight slots at Ben Gurion airport. In the aviation industry, slots – reserved times for takeoffs…
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US co Chainalysis buys Israeli fraud detection co Alterya
US blockchain giant Chainalysis has announced that it is acquiring Tel Aviv-based startup Alterya. This is the company’s second acquisition in Israel after acquiring Hexagate last month. Chainalysis will pay $160 million for…
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Herzliya top, Bat Yam bottom for quality of life
Herzliya has the best quality of life of Israel’s 18 biggest cities, the Central Bureau of statistics reports, overhauling Kfar Saba, which was in top spot last year. Bat Yam and Jerusalem are anchored at the bottom as the Israeli…
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Accountant-general says 2025 budget must be passed
The budget deficit at the end of 2024 stood at 6.9% of GDP, according to a first estimate by the Finance Ministry, Accountant-General Yali Rothenberg reported Monday.
This number is well below the approved ceiling of 7.7% set in mid-December…
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Arkia teams with Tech-Air to launch New York flights
Arkia Israeli Airlines is launching Tel Aviv – New York flights in cooperation with Tech-Air, the initiative of the DemocraTech high-tech protest movement. The new route will be launched from February until May with three weekly…
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Israel’s fiscal deficit falls below 7%
Israel’s fiscal deficit has narrowed for the third consecutive month and ended 2024 at 6.9% of GDP, the Ministry of Finance reports. The deficit for the twelve months to the end of December of 2024 was NIS 136.2 billion. After a…
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