The Finance Ministry seeks to scrap VAT exemption on overseas purchases, for a potential increase of NIS 3 billion in revenue; Israeli retailers welcome the move, but what about the citizens?
Israeli tourism attempts a rebound as bookings for cruises in January, Passover, and summer vacations surge following a two-month downturn at the outset of the war.
The shekel-dollar rate has dropped below NIS 3.6, indicating the Israeli currency’s increasing strength — but it may be coming as a result of deeper issues.
A recent report by the Ministry of Housing and Urban Development reveals a 15% drop in new construction starts, indicating a stagnation in the real estate market that affects both supply and demand.
Approval has been granted for 1,000 units in Dalit El Carmel's new neighborhood • Sumei town in Upper Galilee is also set to expand, welcoming 2,000 homes amid infrastructure enhancements
A lack of effective government highlights the necessity for substantial reform in Israel's civil infrastructure, increasing investment in several areas.
Cancellations and rate increases are expected to continue into the first quarter, recommends customers book 4-6 weeks in advance to ensure space on vessels.
The October 7 massacre saw Israeli employees to be called up for IDF reserve duty and funding dried up. despite it all, Israel’s hi-tech industry is bouncing back.
Following the October 7 massacre, capital markets declined sharply, the shekel depreciated much more than in previous conflicts, and budgetary costs of the war may total 10% of GDP.
The Houthi leader has meanwhile threatened to escalate attacks to include US naval ships, raising the prospect of a wider conflict around the Bab al-Mandab strait.
The Shaare Zedek Arieli Innovation Hub – whose acronym is SHAAR –will focus on transformative startups, advancing innovative technologies, and supporting pioneering research and development.
Developers make a comeback in Azar Gardens - Ramat Gan, with a second tender for long-term rentals. Land prices increased by 25%, and Prashkovsky won the bid for 195 apartments.