The figure for the end of July was 8.1% of GDP, or NIS 155 billion.
Municipality leaders warn that canceling development levies, promoted by the Ministry of Justice and Planning Administration without local authority input, could severely impact public services.
Russia just announced a staggering 600% increase in its Gold buying plans for next month. With the BRICS Summit ahead and the US election on the horizon, this could signal an unprecedented Gold rush.
The organization is making this effort amid the escalation of Hezbollah's rocket fire.
The Knesset Finance Committee approved nearly NIS 400 million for evacuee aid, sparking criticism over fund allocation and timing.
Always remember that time is your ally, and that over the long-term stock market investing has shown to be a very powerful approach to wealth building.
The war in Gaza and the fighting with Hezbollah on the northern border have impacted Israel’s economic sectors, particularly small businesses.
Uncertainty about the 2025 budget and adjustments needed to shrink the deficit may make lowering inflation harder, the BOI said.
In understanding what's happening in the gold and silver markets, it's helpful to think about the reasons why investors around the globe continue to purchase precious metals.
What might have been by far the largest acquisition of an Israeli start-up by a global giant in history – Intel bought Mobileye for $15b. in 2017 – was scrapped. Here's why.