Banking & Finance

Financial news, data and analysis.

Money

Rewire by Remitly removes fees for international transfers from Israel

Rewire by Remitly eliminates fees for money transfers from Israel to 130+ countries, making international remittances more affordable for migrant workers and students.

Your investments: Measure for measure

Don’t expect a secure retirement if you don’t save.

By AARON KATSMAN
30/01/2025
Calculating taxes

Your Taxes: Surly surtax

As part of the 2025 budget tax package, the Knesset passed an amendment that expands and increases what is sometimes known as the “Rich Man’s Tax” on high-income taxpayers.

By LEON HARRIS
30/01/2025

Izhar Shay's SPAC finds new acquisition target

The SPAC, headed by Izhar Shay and Ziv Elul, has announced a merger with Israeli company Gadfin.

By SHIRI HABIB-VALDHORN/GLOBES/TNS
29/01/2025

Mizrahi Tefahot: Divert investments back to Israel

"Growth in Israel is relatively high and the deficit is expected to decline and is significantly lower than most of the Western world," said Mizrahi Tefahot regional financial advisor David Shelly.

By NETANEL ARIEL/GLOBES/TNS
29/01/2025

Israeli shekel strongest for two years against the US dollar

Bank of America published a forecast about the Israeli currency. The bank's analysts expect the shekel to continue to strengthen if the ceasefire agreements are fully implemented.

By GLOBES/TNS
24/01/2025

Bank Yahav offers cheapest account fees, Bank of Israel finds

Bank Yahav charges the lowest fees for transactional services, while Mizrahi-Tefahot charges the highest.

Is the OECD Amount B treaty second rate for Israeli distributors?

Your taxes: Israel is an OECD member but is not a covered jurisdiction for Amount B purposes. So the Israeli Tax Authority may not accept Amount B calculations from Israeli importers and exporters.

By LEON HARRIS
20/01/2025

Could taxes end up saving the planet?

Your taxes: Exploring global carbon pricing strategies, Israel's climate goals, and the challenges of reducing greenhouse gas emissions.

By LEON HARRIS
17/01/2025

2024 deficit 6.9% of GDP, 2025 budget must be passed, says accountant-general

The provisional budget is much lower than the proposed budget for 2025, and it is impossible to continue to function over time without passing the 2025 budget, the accountant-general said.

13/01/2025
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