Israel's fiscal deficit continued to widen in April, reaching 7% of GDP over the past 12 months, or NIS 132.2 billion, the Ministry of Finance accountant general Yali Rothenberg reports.
Ten years ago, Better Place collapsed with losses of NIS 3 billion. Now, OPC, controlled by Ofer's Kenon Holdings, is writing off its much more modest investment in charging station company Gnrgy.
Ashra, the Israel Foreign Trade Risks insurance Corporation, says one outcome of political instability in South Africa could be a ban on payments to Israel.
Following its unscheduled cut to Israel's credit rating in April, S&P is due to release its routine country review this week. Analysts assess what might happen.
According to United's flight schedule there are no flights to and from Israel until June 1, although the US carrier has made no official announcement on the matter.
Israel’s foreign exchange reserves at the end of April 2024 stood at $208.109 billion, a decrease of $5.632 billion from their level at the end of March, the Bank of Israel reports.
The company expects to double its workforce from 90 to 180 over the next 18 months with many of the new hires planned for the company's development center in Herzliya.