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Category: Capital Market
Israeli government tabled the largest state budget in the country's history, totaling 582 billion shekels, before the Knesset, 21 days after its initial approval. This budget marks a significant increase of 68 billion shekels compared to the earlier 2024 budget set in May 2023. Notably, it includes substantial cuts across all government ministries except for defense and yeshiva budgets
Feb 6, 2024
Category: Government
In the ongoing conflict between Israel and Hamas, senior intelligence officers from the US military have indicated that while Israel has managed to damage Hamas's fighting capabilities, complete destruction remains elusive, according to reports from The New York Times. While estimates of casualties among Hamas fighters were not provided publicly, private conversations suggested significant losses
Feb 9, 2024
Category: Government
Recent reports from the Wall Street Journal indicate that Israel has proposed a plan to Egypt involving the establishment of extensive tent cities in Rafah. These tent cities would accommodate residents who are to be evicted in preparation for an expansion of the military operation against Hamas in and around the city
Feb 12, 2024
Category: Capital Market
Inflation in Israel has remained stable in January, with the Consumer Price Index (CPI) holding steady, according to the latest report from the Central Bureau of Statistics (CBS). This stability has led to an annual inflation rate of 2.6%, marking the lowest level since November 2021
Feb 15, 2024
Category: Government
In a tragic incident this morning, a young man lost his life and eight others sustained injuries as three terrorists opened fire on vehicles along Route 1 near the A-Zaim checkpoint in the Maale Adumim area. The attack caused chaos and panic among commuters, resulting in a pregnant woman being seriously injured. Fortunately, medical teams swiftly responded, transferring all injured individuals to hospitals in Jerusalem for urgent treatment
Feb 22, 2024
Category: Government
Negotiations resumed in Paris yesterday, marking a significant step forward in efforts to broker a new deal between Israel and Hamas. This evening, the outline for the proposed agreement was made public, with the War Cabinet set to review and likely approve the agreed-upon lines during tonight's session. Following the conclusion of yesterday's meeting, mediators reached a consensus on the fundamental principles of the deal, including the release of abductees and compensation for Israel. Speaking to News 12, a senior political official expressed optimism, stating, "There is significant...
Feb 24, 2024
Category: Government
Residents of numerous localities across Israel are gearing up for a crucial second round of mayoral elections on March 10. Following initial voting held on Tuesday, none of the candidates managed to secure more than 40% of the votes, necessitating a runoff between the top contenders
Feb 28, 2024
Category: Hitech
In a surprising move, Amdocs, one of Israel's leading hi-tech companies, has issued layoff notices to nearly 100 employees, with termination effective from April 1. This latest round of cuts comes merely half a year after the company's announcement of its intention to lay off 2,000 workers worldwide, including approximately 250 in Israel
Feb 28, 2024
Category: Government
In a tragic incident Thursday, two individuals lost their lives in a shooting attack at a gas station near the entrance to the Ali settlement in the West Bank. The assailant, identified as Mahmoud Manassera, 31, from the Qalandiya refugee camp and affiliated with Fatah, opened fire on two Israeli citizens at the station
Feb 29, 2024
Category: Government
The United States began airdropping food aid to the Gaza Strip on Saturday, utilizing three C-130 transport planes to deliver 66 shipments, including over 38,000 prepared meals. This initial airdrop did not include water or medical equipment
Mar 2, 2024