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Discount Bank: Net Profit Grows 2.1% to NIS 4.3 Billion - Announces New Strategic Plan for 2030
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Discount Bank reported a modest increase in net profit for 2024, reaching NIS 4.3 billion, up 2.1% from NIS 4.2 billion in 2023. However, the bank's return on equity (ROE) declined to 14.2%, compared to 15.7% in the previous year. Despite the slight dip in ROE, the bank posted solid results, driven by strong performance in the fourth quarter

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Mar 11, 2025

 Support for Israel Hits Record Low Among Americans - Among Democrats and Younger Generations
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A recent survey has revealed a significant decline in American support for Israel, with only 46% of adults expressing more sympathy for Israel over the Palestinians when asked, "Who do you sympathize with more?" This marks the lowest level of support Israel has seen in the 25 years the survey has been conducted and follows a similar downward trend seen in 2024, when support was recorded at 51%, tying with 2001 for the lowest ever recorded

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Mar 11, 2025

Israeli Average Salary Rises by 5.1% in 2024 Outpacing Inflation reaching NIS 13,514
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According to data released today by the Central Bureau of Statistics, the average salary for an employee position in Israel increased by 5.1% in 2024, reaching NIS 13,514 compared to NIS 12,863 in 2023. This growth significantly outpaced the consumer price index (CPI), which rose by 3.2% during the same period. However, this wage increase also has a downside for National Insurance benefits, which are linked to the CPI and are expected to be eroded by approximately 2%

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Mar 4, 2025

Boston Scientific Acquires Israeli Startup SoniVie for $360 Million - Blood Pressure Treatment
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In a significant move for the Israeli medical technology sector, Boston Scientific has acquired the remaining 90% of shares in the Rehovot-based startup SoniVie for $360 million. The deal may increase by an additional $180 million depending on the achievement of certain milestones, a common arrangement in acquisitions within the field. This acquisition comes after Boston Scientific already owned a 10% stake in SoniVie

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Mar 4, 2025

Oscar Drama: Israeli-Palestinian Collaboration "No Other Country" Wins Oscar for Best Documentary
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In a groundbreaking achievement, the Israeli-Palestinian film No Other Country won the Oscar for Best Documentary at the 95th Academy Awards on Sunday night. The documentary, which has sparked significant controversy in Israel, presents a stark and powerful portrayal of life under Israeli occupation in the Masafar Yatta community in the southern Hebron Hills

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Mar 3, 2025

Prime Minister Netanyahu Admits Military Secretariat Received Warning of Hamas Attack on October 7th
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In a significant shift from previous statements, Prime Minister Benjamin Netanyahu confirmed this evening that his military secretariat had received a message on the night of October 7th indicating that Hamas was preparing for an attack. This is the first time Netanyahu has acknowledged the existence of such a message, contradicting earlier claims from his office that no warning signs had reached them

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Mar 2, 2025

Border Controllers Cancel a Strike After Reaching an Agreement on Salary Dispute
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Border controllers of the Population Authority within the Ministry of the Interior announced on Friday that they would strike at border crossings, including Ben Gurion Airport, in response to a salary dispute. However, within two hours, the strike was canceled after the Histadrut, Israel's trade union, reached an agreement with the state to resolve the issue

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Mar 1, 2025

Multiple Explosions Target Buses in Bat Yam: Bomb Attack Fails to Claim Casualties
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A large-scale bomb attack was thwarted last night (Thursday) in Bat Yam, where three bombs exploded in buses across two separate parking lots, but remarkably, there were no casualties. Multiple police forces rushed to the scenes to investigate and track down possible suspects. In a stroke of luck, a fourth bomb was discovered in a bus near Wolfson Hospital in Holon and successfully neutralized

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Feb 20, 2025

Controversial Bill Aims to Penalize Foreign Donations to Organizations Promoting Democratic Values
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In a move that could have significant consequences for civil society organizations, the Israeli government has advanced a bill to impose an 80% tax on donations from foreign political entities to non-governmental organizations (NGOs). The bill, sponsored by MK Ariel Kellner, passed the Ministerial Committee for Legislative Affairs and is set for a preliminary reading later this week, likely to be discussed in the Constitution Committee

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Feb 16, 2025

Sagi Dekel Chen Yair Horn and Sasha Tropanov— Israeli Hostages Released in Gaza as Part of Deal
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Sasha (Alexander) Tropanov, Sagi Dekel-Chen, and Yair Horn, who have been held captive by Hamas in Gaza since October 7, 2023, were released today as part of the sixth phase of the hostage deal. The three men arrived at the junction point in Khan Yunis, where they were handed over to the Red Cross before being transferred to IDF forces at the border for medical assessments

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Feb 15, 2025

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