After a rise of almost 190% in its share price in the past twelve months, and 98% for the…
Tag: NIS
Defense Ministry to receive extra NIS 42b
After months of heated negotiations, the Ministry of Finance and Ministry of Defense have reached agreement on providing budget…
Pelephone offers NIS 2b to buy Hot Mobile
Bezeq mobile phone unit Pelephone has submitted the offer to Patrick Drahi’s Altice International, which owns Hot. …
Mania Bialik’s Tel Aviv apartment up for sale for NIS 14.75m
Tel Aviv-Yafo Municipality is selling the apartment of the late Mania Bialik, wife of national poet Hayim Nahman Bialik.…
El Al CEO to depart with NIS 20m in pocket
El Al Israel Airlines Ltd. (TASE:ELAL) CEO Dina Ben-Tal Ganancia unexpectedly announced yesterday that she is stepping down before…
Gov’t companies reported NIS 7.6b profit in 2024
While many Israeli companies experienced a slowdown in 2024 because of the war, the combined revenues of the 68…
Lewis family sells NIS 210m Isrotel stake
After selling the stake, the Lewis family’s holding in the Israeli hotel chain will fall from 74% to 69.6%. …
Rafael buys Tel Aviv office space for NIS 521m
Government-owned Rafael Advanced Defense Systems is buying 16,000 square meters in the Cosmopolitan 1 project in Tel Aviv’s Hassan…
As shekel gains strongly, is it heading for NIS 3/$?
In the wake of Israel’s ceasefire with Iran, the strong appreciation of the shekel is continuing. In afternoon inter-bank…
NIS 100b flowed into TASE during Iran operation
After six straight trading days of rises in the Tel Aviv Stock Exchange (TASE) main indices, the market fell…