Banking
Category: Banking
Amid reports of an imminent end to the cease-fire and the tragic shooting attack in Jerusalem claiming three lives and injuring seven, the shekel experiences a downward trend today. The dollar responds by surging 0.9%, reaching approximately NIS 3.71, while the euro climbs 0.3%, trading near NIS 4.05
Nov 30, 2023
Category: Banking
The Israeli technology sector is witnessing a resurgence, buoyed by new opportunities and resilient innovation, despite ongoing challenges in attracting investment. While investment remains a primary hurdle for the ecosystem, favorable valuations and substantial growth potential present promising prospects for investors eyeing Israeli innovation
Mar 31, 2024
Category: Banking
The Bank of Israel’s Monetary Committee has decided to keep the interest rate unchanged at 4.5%, marking the tenth consecutive month that the rate has remained at this elevated level. The decision aligns with the expectations of most analysts. This is despite a single interest rate cut in January 2024, from 4.75% to 4.5%. Additionally, the bank has revised its growth forecasts for 2025 and 2026, lowering its predictions by 0.5%, now forecasting 3.5% and 4% growth, respectively
Apr 7, 2025
Category: Banking
A Houthi drone exploded in Eilat on Wednesday afternoon, injuring at least 20 people — two of them seriously — in the third attack on the southern resort city in two weeks. Despite the strike, Israelis quickly returned to the malls and the promenade, which appeared busy just hours after the blast
Sep 24, 2025
