Popular Articles

Prime Minister Naftali Bennett recommends the Israeli public not to make non-essential trips abroad
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Prime Minister Naftali Bennett recommends that the Israeli public not make non-essential trips abroad. During a tour of Ben Gurion Airport, Bennett said that there may be significant changes in the policy of departure and entry into Israel. "If you have not yet booked a flight abroad and you do not have to - do not book," he said. "Whoever does not have to go abroad - who did not go. This is not a guideline but a recommendation. Travel the country. The contagion incident in Binyamina originated in a family returning from a vacation in Cyprus, not a red country - and became infected. We will...

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Jun 22, 2021

Mortgage record: in 2021 homebuyers received NIS 116 billion from banks - an increase of 149%
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The year 2021 culminated in a record mortgage takeover: homebuyers received NIS 116 billion from banks, a sum that skyrocketed demand and apartment prices to unprecedented highs. This is an increase of 149% compared to 2020, which was also a record year in real estate, in which the banks marketed NIS 78.1 billion in mortgages. And a jump of 11% compared to the previous month, November 2021. The total number of new mortgages granted by banks in Israel in November is NIS 10.98 billion, an increase of 2.5% compared to NIS 10.7 billion in October

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Jan 11, 2022

 IBC Unlimited launched internet infrastructure on optical fibers - Might reach up to 10 gigabytes
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The company IBC Unlimited launched a home internet infrastructure on optical fibers that can reach a speed of up to 10 gigabytes thanks to XGS-PON technology. In the first phase, consumers will be offered a speed of up to 5 gigabytes. The move will require customers to replace end equipment (router)

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Oct 3, 2022

Nationwide Teacher Strike: Tel Aviv Labor Court Orders Immediate End to Wildcat Strike by Teachers
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The Tel Aviv Labor Court issued a decisive ruling on Tuesday, ordering teachers and kindergarten teachers across the country to "immediately return to regular, full and proper work" and to cease any further disruptions — including the coordinated use of sick leave as a form of protest

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May 7, 2025

June: Public borrowed NIS 11.588 billion mortgages -  a jump of about 93% compared to last year
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According to data from the Bank of Israel, in June the public borrowed NIS 11.588 billion. This is a jump of about 93% compared to June last year, when only last month (May) broke an all-time record when mortgages were taken out in the amount of NIS 9.47 billion. Since the beginning of the year, the public has taken out mortgages amounting to NIS 51.7 billion, and assuming that mortgages continue at a similar rate, the public will take out mortgages worth more than NIS 100 billion this year, with an all-time high of more than NIS 78 billion broken last year. . The average annual...

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Jul 11, 2021

Israel Faces Record Budget Deficit of 4% of GDP Amid Rising the Gaza War Expenses
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In a press conference on Sunday, Accountant General Yehli Rotenberg disclosed that Israel is on track to end 2023 with the highest budget deficit in recent history, standing at 4% of the GDP. The announcement coincided with the release of state budget data for November, indicating an accumulated deficit of 3.4% of GDP, totaling NIS 62.3 billion

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Dec 10, 2023

Attorney General Mandelblit: "functional" fortification might result from Netanyahu's trial
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Attorney General Avichai Mandelblit did call on the High Court to reject the petition of the Movement for Quality of Government, which demanded the declaration of the prime minister's imprisonment due to his criminal trial, but the saga of the imprisonment is just beginning. , Which may lead to imprisonment. The adviser pointed to two main parameters that could lead to Netanyahu's imprisonment. The first parameter: "functional" fortification resulting from his involvement in the trial against him. "The possibility cannot be ruled out categorically that in exceptional concrete...

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Apr 19, 2021

Rating Agencies Signal Potential Downgrade for Israel if Conflict Escalates with Hezbollah
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Senior officials in Israel’s economy, after meeting with economists from Standard & Poor’s and Moody's, have raised concerns that an all-out war with Hezbollah—and potentially Iran—could lead to an immediate downgrade of Israel’s credit rating. These meetings highlighted the rating agencies' apprehension about the continued conflict in Gaza and along the Lebanese border and the increasing strain on Israel’s fiscal stability

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Sep 23, 2024

In the past 12 months 49,000 new apartments were purchased - 32% jump
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The housing market is turbulent: According to the Central Bureau of Statistics (CBS), in the 12 months of September 2020 to August 2021: 49,000 new apartments were purchased, a 32% jump compared to the previous 12 months September 2019 - August 2020. In that period 37,000 appartments were purchased. In the 12 months that passed until September 2021, construction also began on 13,000 apartments that are not for sale (for example, by purchasing groups and projects of your home)

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Oct 14, 2021

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