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A 68% jump in the number of new dwellings sold in September this year, which stood at 3,459 compared to 2,050 sold last September; This emerges from data from the annoying bureau of statistics published on Thursday. According to the data in total in the third quarter of 2020 (July-September 2020), 10,140 new apartments were sold - a jump of about 19% compared to the corresponding quarter last year, in which 8,467 new apartments were sold. The CBS data is similar to the analysis of the chief economist at the Ministry of Finance, Shira Greenberg, published on Sunday. According to Greenberg,...

The government has given the green light to a comprehensive five-year plan aimed at reducing social and economic disparities and driving economic growth in East Jerusalem. The ambitious initiative, spanning from 2024 to 2028, will receive approximately NIS 3.2 billion in funding. The decision follows collaborative efforts between the Minister of Jerusalem and Israeli Traditions, Meir Parosh, the Ministry of Finance, the Jerusalem Municipality, and various government ministries

Three of the world's most recognized and innovative football clubs, Arsenal, Liverpool and Premier League Manchester City will leverage True View technology to capture each and every element of football from every angle. The technology recreates the action on the field and offers it from an ideal point of view or from the player's point of view. It does this by using Intel's unmatched data processing capability with one goal - to pass the experience on to fans. The technology was developed at Intel Israel by the Intel sports team, which is run by Dudu in Nayoun Imagine that you are...

The average mortgage amount reached a peak of NIS 975,000 in March - another step up in mortgage activity, which reflects the increase in apartment prices and the leverage of bank customers, in light of the rise in apartment prices. This, is without a corresponding increase in the equity of apartment buyers. Investors finance the increase in total mortgages by increasing repayments and increasing the average duration of the mortgage repayment. Data from the Bank of Israel show that 13,780 mortgages were taken out in March - an increase of 15.5% compared with February, which mainly reflects...

The diplomatic tension between Israel and Turkey escalated on Sunday after Israeli Foreign Minister Gideon Sa'ar condemned Turkish President Recep Tayyip Erdogan’s recent comments about Israel. Erdogan, during a visit to a mosque marking the end of Ramadan, attacked Israel, calling for its destruction. He declared, "May Allah destroy Zionist Israel for the sake of His holy name. We must see what is happening there, and therefore we must unite and be strong and be brothers here, may Allah always strengthen our unity."

The Knesset committee approved the recommendation of the public committee for determining the salary for Knesset members, according to which the salary of Knesset members should be increased by 5.1%, instead of the automatic update of 12.5% in accordance with the increase in the average salary in the economy

In January 2022, there was a sharp decrease in the volume of mortgages taken by Israelis compared to December, when an all-time record of mortgages by homebuyers was set. This could indicate the purchase of fewer apartments at the beginning of 2022 than in the last months of 2021. Data from the Bank of Israel published today (Sunday) show that in January the public took out almost NIS 10 billion in housing loans (to be exact: NIS 9.966 billion), compared with NIS 12.219 billion in December 2021. In November the public took NIS 10.985 billion, in October NIS 10.688 billion and in the...

According to the preliminary investigation of the Israeli spacecraft Beresheet's landing maneuver, following an IMU malfunction a command was uploaded to the spacecraft. This led to a chain of events in the spacecraft, which turned off the main engine and prevented proper engine activation. The SpaceIL and Israel Aerospace Industries (IAI) team continues to investigate what occurred during the mission. In the coming weeks, final results of the investigation will be released