Posts Tagged: Israel Economy
Israel’s S Capital Raises Second Investment Fund of $120 Million
S Capital, an Israel-based venture capital investment firm, said on Monday it closed a second direct investment fund of $120 million that will focus on...
Israel Sells Record $25 Billion in Bonds as Investors Show Confidence in Economy
JNS.org - To cover the rising costs of the coronavirus pandemic, and a near total economic shutdown, Israel’s treasury sold a whopping $25 billion in...
Israelis Told to Wear Face Masks in Public, Mark Religious Holidays With Close Family Only
All Israelis should wear face masks while in public as a precaution against the coronavirus, and upcoming Jewish, Muslim and Christian holidays should be marked only...
Bank of Israel: Economic Shutdown Due to Coronavirus Could Eat Up 10 Percent of GPD
JNS.org - The shutdown of Israel’s economy due to the coronavirus pandemic will come at a cost of up to NIS 130 billion ($36 billion),...
Israelis Ordered to Stay at Home, as Coronavirus Crisis Worsens
Israeli Prime Minister Benjamin Netanyahu on Thursday tightened a national stay-at-home policy, announcing guidelines aimed at halting the spread of the coronavirus would now be...
Israel’s Bank Hapoalim Will Pay $870 Million to End US Tax Probe
Israel's biggest bank, Hapoalim, said on Wednesday it expects to pay $870 million to settle a US tax evasion investigation. The bank said in a regulatory...
In New Directives, Health Ministry Urges Israelis to Remain at Home
Amid the ongoing coronavirus pandemic, Israel’s Health Ministry published new directives on Tuesday telling people to largely remain at home, except if they were seeking...
Israel Adds Another $1.3 Billion to Help Economy Deal With Coronavirus
Israeli Finance Minister Moshe Kahlon on Monday said the government will expand its aid package to help businesses hurt by the coronavirus crisis by another...
Israel Imposes Unprecedented Mandatory 14-Day Coronavirus Quarantine on All Arrivals
Israel will require anyone arriving from overseas to self-quarantine for 14 days as a precaution against the spread of coronavirus, Prime Minister Benjamin Netanyahu said...
Amid Corovirus Outbreak, Israel’s Flag Carrier El Al to Lay Off 1,000 Employees
Israel's flag carrier El Al said it was laying off 1,000 of its 6,000 employees and cutting the salaries of its top management as it...
Cellcom Israel to Buy Golan Telecom
Cellcom Israel Ltd , Israel's largest mobile operator, said on Tuesday it would buy smaller rival Golan Telecom for 590 million shekels ($172.59 million). The company...
Israeli and Palestinian Farmers Pay the Price as Politicians Bicker
Israel and the Palestinian Authority have opened a new front in their decades-long conflict by getting locked in a trade dispute -- and farmers on both...
Israel Securities Regulator Eyes Rule Changes for Digital Platforms
Israel's markets watchdog said on Monday the authority would make regulatory changes to adapt to technological innovations such as digital markets. "The implication is that these...
After Recording-Setting Year With 4.55 Million Visitors, Israel’s Tourism Ministry Worried by Ad Budget Cuts
Israel received a record number of tourist visits in 2019 but growth could be slowed this year due to cuts in spending on advertising to promote...
