Shekel
Israel approves NIS 360m five-year plan to transform Eilat into southern economic and tourism hub
Eilat Mayor Eli Lankri thanked the government for approving the plan, which in his words, "places Eilat in its rightful position within the national priorities."
Inflation and housing prices show continued declines in Israel
Kahan scholarships help Israeli tennis champions dream big
Israeli families could save hundreds on summer attractions, price check finds
Bank of Israel cuts key rate by .25 percent after Gaza ceasefire
It represents the first reduction in nearly two years, as a ceasefire in Gaza eased inflation and reduced geopolitical risk.
Israel on the path to $1 trillion: Strong economy, weak infrastructure - opinion
With a population of roughly 10 million, Israel benefits from a large and expanding labor force. Its $580 billion nominal GDP and $58,000 GDP per capita reflect how far the country has come.
Israel pushes to outlaw possession of over NIS 200,000 in cash
Opponents of the move claim that it severely violates privacy and limits economic freedom.
New community model helps Israelis with disabilities age with dignity
The framework, developed by SHEKEL and approved by the Welfare and Social Security Ministry, integrates housing, employment, and holistic supports within city neighborhoods.
Israel’s stock market jumped 50%, Is it time to rebalance? - opinion
The Tel Aviv Stock Exchange rallied sharply, with sentiment improving, thanks to a perceived easing of threats from Hezbollah and Iran, as well as strong corporate results led by the financial sector.
Court indicts teen for stealing thousands from Israeli synagogue, linked to break-in at second
The Beit She'an Juvenile Court indicted the 15-year-old boy who stole approximately 4,500 shekels from one synagogue and is linked to a break-in at a different synagogue in the city.
KPMG acquires Israeli tech company Q.V. in million-NIS bid to strengthen competitive advantage
Q.V. is an Israeli technology company that specializes in advanced, AI-powered solutions on SAP infrastructure for large enterprises.
Tel Aviv shares hit record highs after US strikes Iran nuclear sites
Bond prices increased as much as 0.2% on Sunday. The shekel does not trade on Sunday but it has rallied from 3.61 per dollar on June 11 to 3.48 on Friday and is up some 1% this month.
Smotrich orders cancellation of waiver on cooperation with Palestinian banks
This move could effect the collapse of the PA.
Southern Israel resident convicted of one million NIS fraud through phishing
Magistrates’ Court Judge Anat Choleta found that the defendant exploited Bank Hapoalim’s “Deposit Envelope” service to commit fraud totalling nearly NIS 1 million.
