Category: 6. Business
-
Israel’s energy security report for 2024
Israel is the largest energy supplier in the Eastern Mediterranean and leads OECD countries in the preservation of natural gas for future use, according to the Israeli Natural Gas Trade Association’s 2024 report on energy security in… Continue Reading
-
Gold Eyes $2,500 Amid China’s Deflation; Silver Surges on $970M Acquisit
On Monday, Gold (XAU/USD) traded around $2,495, seeing brief gains before facing resistance below $2,500. The early rise was fueled by concerns over weak US employment data and rising geopolitical tensions, particularly the conflict between… Continue Reading
-
Michakashvilis to pay NIS 540m to keep iconic Tel Aviv buildings
A pricing procedure for the sale of 10 prestigious buildings in Tel Aviv was completed today with an offer of NIS 540 million accepted, sources inform “Globes.” The winning group in the auction is part of the Michakashvili family,… Continue Reading
-
What you need to know about Telegram, embattled app Hamas uses to spread its message – explainer
(JTA) — Telegram, the wildly popular messaging platform beloved by the far right and instrumental to both sides in the Israel-Hamas war, has suddenly found itself in the crosshairs of European law enforcement and regulators. French… Continue Reading
-
Tower to build fab in India? “Easier said than done”
At the weekend, official Indian sources reported on X (Twitter) a huge investment by Israeli semiconductor manufacturer Tower Semiconductor (TASE: TSEM; Nasdaq: TSEM) together with Indian conglomerate Adani Group headed by Gautam… Continue Reading
-
Mobileye to shut down lidar R&D affecting 100 jobs
Israeli company Mobileye Global Inc. (Nasdaq: MBLY) has announced that it is closing down internal development of next-generation frequency modulated continuous wave (FMCW) lidars for use in autonomous and highly automated driving… Continue Reading
-
New towers to transform Ramat Gan skyline
The future of Rata Gan as one Israel’s cities with the biggest number of towers s in the process of being realized. The Tel Aviv District Planning and Building Committee urban renewal subcommittee will today discuss four of Ramat… Continue Reading
-
As expected: Municipality leaders strongly oppose the cancellation of de
A strongly worded letter of opposition was sent on September 5 to Interior Minister Moshe Arbel and Justice Minister Yariv Levin, signed by over 110 municipality leaders. The local authorities are firmly opposed to the cancellation of… Continue Reading
-
Week in miners: Harmony drops, Perseus buys and silver supply lags
It’s been a busy week in miners as Harmony Gold revised guidance leading to a drop in share price, Perseus announced yet another acquisition of Predictive and silver mining supply continues to fail to meet demand. Harmony Gold shares… Continue Reading
-
Israel’s fiscal deficit climbs again
Israel’s fiscal deficit has risen again for the seventeenth successive month, after reaching zero in March 2023. The deficit for the twelve months to the end of August this year was 8.3% of GDP, or NIS 161 billion, Ministry of… Continue Reading
