Globes - Israel Business News
Israel signs $5.2b Boeing deal for F-15 fighter jets. The Ministry of Defense is procuring 25 advanced F15IA jets for delivery from 2031. Israel's forex reserves fell sharply in October. Shekel gains against dollar, bucking global trend. Trump and heavy losses drag SolarEdge to new low.
Rafael to unveil new battlefield air defense solution - Globes
Oct 10, 2024 · The solution includes the laser-based Lite Beam system and the 30 mm Samson remote weapon system. At the AUSA (Association of the United States Army) annual meeting and exposition due to begin on Monday, Israeli state-owned defense company Rafael Advanced Defense Systems will unveil unmanned air defense systems designed to provide ground troops with comprehensive protection and lethal ...
UBS sets out forecasts for shekel as conflict widens - Globes
In a survey of the Israeli economy, Swiss bank UBS notes that the economy has been in a challenging and complex situation since the attack by Hamas on October 7, 2023, and sets out projections for the shekel on the basis of three scenarios. "The GDP and fiscal hit to the Israeli economy since 7 Oct 2023 amid lingering uncertainty about the ...
Tue: Banks lift TASE - Globes
The Tel Aviv Stock Exchange rose today. The Tel Aviv 35 Index rose 0.25%, to 2,098.39 points, the Tel Aviv 125 Index rose 0.10% to 2,092.39 points; but the BlueTech Global Index fell 0.85% to 413.18 points. The All Bond corporate bond index rose 0.07% to 385.71 points. Turnover totaled NIS 1.51 billion in equities and NIS 4.64 billion in bonds.
ECONOMY - Globes
Weather and war blight Israel's olive oil output. "Globes" examines why prices have risen 40% over the past year for the healthy, delicious and traditional staple. CPI unexpectedly fell in September. Annual inflation in Israel has fallen slightly to 3.5% as housing price rises moderate, the Central Bureau of Statistics reports.
BoI Governor: We must conduct responsible economic policy
BoI Governor: We must conduct responsible economic policy. Speaking after the announcement that the interest rate will remain unchanged, Amir Yaron urged the government to ensure continued financial robustness and economic growth in the future. Bank of Israel Governor Prof. Amir Yaron opened his remarks at the press conference following the ...
Cosgrave's Web Summit prospering without Israelis - Globes
9 Oct, 2024 14:35. Meytal Vaizberg and Assaf Gilead. After criticizing Israeli actions in Gaza, Paddy Cosgrave said last year's Web Summit was the worst in its history. But he expects a 30% increase in revenue this year. Several days after October 7 2023, Paddy Cosgrave angered Israel's tech community, which was still licking its wounds, with a ...
Treasury plans higher tax on Israel's wealthiest - Globes
According to the Ministry of Finance’s forecast, raising the surtax rate from 3% to 5% will yield NIS 1 billion to the state in 2025, and NIS 1.5 billion each year thereafter. In addition, expanding the applicability of the surtax on real estate investments will add NIS 420 million revenue in 2025 and another NIS 510 million when the measure ...
EU cancels recommendation not to fly to Israel - Globes
Oct 10, 2024 · Many European airlines such as Wizz Air and Aegean are likely to renew flights to Israel in the coming few days. The European Union Aviation Safety Agency (EASA) has canceled its recommendation not to fly to Israel. This is a major step in the resumption of flights to Ben Gurion airport by many European airlines in the coming days.
Mon: TA 35 Index up 7% in Q3 - Globes
Sep 30, 2024 · The All Bond corporate bond index rose 0.11% to 385.51 points. Turnover totaled NIS 2.34 billion in equities and NIS 4.96 billion in bonds. The Tel Aviv 35 Index rose 7% in the third quarter of 2024. On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.162% from Friday, at NIS 3.710/$, and the ...