Popular Articles
Category: Real Estate
Between July 2018 and June 2019, there was a 6.4% increase in the number of dwellings under construction, compared to the 12 months prior to the period under review. This is what data from the Central Bureau of Statistics (CBS) published. According to the figures, in the said year construction of 51,890 apartments began, compared with 48,750 apartments which began construction in the previous 12 months. The CBS survey shows that construction data also showed a slight increase of 2.1%: in the 12 months beginning in July 2018, construction of 50,380 apartments was completed, compared to...
Sep 19, 2019
Category: Financial
Wissotzky also raises the price of its products. Tnuva, the largest food company in Israel, raised the prices of dairy products not under the price control order by 2.2 percent. Among the unregulated products whose price will rise: salty cheeses, yellow cheeses on the shelf, special cheeses, delicacies, milk drinks and some yogurts
Aug 6, 2018
Category: Real Estate
Buyers in based neighborhoods pay the lowest average interest rate on the mortgage, while low-income neighborhood buyers pay the highest interest rates on average. This is according to a study published by the Bank of Israel. The study, conducted by Dr. Natalia Pressman and Dr. Nitzan Tzur Ilan of the Bank of Israel Research Division, attempted to examine the impact of various factors on determining the interest rate to reflect the risks posed by regional housing market characteristics. The analysis is based on over 80,000 mortgages provided by the banking system in 2013-2010 and the...
Dec 10, 2019
Category: Health
Ten teenage boys and girls were killed in the flood disaster in Tsafit river in the southern part of Israel' the Negev. The boys and girls, members of a pre-army preparatory program from central Israel and high school students, were part of a group of 25 travelers. 15 were rescued safely, including a boy and girl of about eighteen who were lightly injured. The two suffer from hypothermia. Air Force choppers and IAF personnel participated in the dark hours in search of the missing and used thermal means for night vision. Late at night the body of the girl was discovered at the age of 17....
Apr 26, 2018
Category: Capital Market
Frutarom, which was acquired by the US IFF last year at a huge exit, made unapproved payments" as part of its operations in Russia and Ukraine, IFF noted with the release of its Q2 2019 financial statements. According to IFF's preliminary findings, one of the top executives allegedly involved in the payments in question is Uri Yehudai, former president and CEO of Frutarom. In the merger deal completed last October, Yehudai was to serve as an outside advisor to the company, but is not yet a consultant. A Jewish response was received
Aug 6, 2019
Category: Financial
The labor dispute at Bank Hapoalim intensified today (Monday) as the bank’s workers’ organization announced a new wave of industrial action. Beginning tomorrow (Tuesday) and continuing indefinitely, 8,000 employees will hold regional strikes, with a different part of the country affected each day
Oct 20, 2025
Category: Capital Market
The Bank of Israel announced the cessation of the foreign currency purchases program aimed at offsetting the effect of gas production on the exchange rate, which began at the end of the tenure of former Governor Stanley Fischer, coinciding with the end of the term of the Governor, Karnit Flug. The dollar posted a sharp drop, moving from a 0.2% rise to a drop of 0.36% and is now trading around NIS 3.6767
Nov 12, 2018
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