Tidhar Group has received approval from the Tel Aviv District Planning and Building Committee to build a 45-floor high-rise office tower at 17 Abba Hillel Street.
Housing prices in Israel rose at the end of 2023 but "Globes" finds that discounts worth 10%-15% on new apartments went beneath the radar of the Central Bureau of Statistics.
After the economy contracted nearly 20% in the fourth quarter because of the war, GDP per capita fell last year, the Central Bureau of Statistics reports.
The decision by Chevron and the other partners in the gas reservoir comes six months after then energy minister Israel Katz approved greater exports to Egypt.
The company, which has developed and marketings a helmet for deep transcranial magnetic stimulation, has seen its share price rise 230% in the past year.