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ISRAELI SHEKEL
War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...
Israel approves plan to buy F-35 and F-15I fighter jets amid Iran warIsrael is poised to enhance its aerial capabilities with the procurement of state-of-the-art F-35 and F-15IA fighter jets. This important d...
‘Israel is stronger than ever, our pilots can reach any point in Iranian skies,’ says Prime Minister NetanyahuIsrael's Prime Minister Benjamin Netanyahu stated the nation is stronger than ever. He outlined a new defense strategy focusing on strength...
Israel to spend $110 billion to develop independent arms industry in next decade: NetanyahuIsrael plans a massive investment of 350 billion shekels, approximately 110 billion US dollars, to build its own arms industry. Prime Minis...
Coffee and cash: How Hamas pays its civil servants in secretKarim, a public works ministry employee in Gaza's Hamas-run government, received what seemed like an ordinary message on his phone -- an in...
Israeli forces seize nearly $450,000 in West Bank raidIsraeli police reported seizing approximately 1.5 million shekels in "terror funds" during a raid on a currency exchange in Ramallah. The o...
Tel Aviv shares hit record highs after US strikes Iran nuclear sitesIsraeli stocks surged to record highs following U.S. strikes on Iranian nuclear sites, perceived by investors as a significant step in prev...
Can Israel keep paying for its war with Iran? Defence experts say it goes at $725 million a day and...Israel’s twin conflicts in Gaza and Iran have pushed its defence spending to historic highs, with the country now burning through over $725...
Israeli cabinet set to approve austerity budget amid warsIsraeli cabinet ministers are set to vote on the 2025 wartime budget, aiming to control spending and increase taxes to fund military confli...
Israel confiscates USD 2.7 million in Hamas terror fundsIsraeli security forces arrested 21 Palestinians suspected of financing the Hamas terrorist organization and confiscated over USD 2.7 milli...
Tel Aviv bourse says no unusual trading ahead of Oct 7 Hamas attackThe activity, they said, "exceeded the short-selling that occurred during numerous other periods of crisis" such as the 2008 financial cris...
War with Hamas to cost Israel above $50 billion: ReportHalf of the cost would be in defence expenses that amount to some 1 billion shekels a day. Another 40-60 billion shekels would come from a ...
Israel to deduct money earmarked for Gaza from tax transfers to Palestinian AuthorityIsrael's security cabinet decided to take money from tax revenues it transfers to the Palestinian Authority and set it aside for Gaza. Furt...
Budget hit from Israel-Hamas war likely manageable -Israel central bank chiefBank of Israel Governor Amir Yaron stated that Israel's war with Hamas in Gaza will have fiscal implications, but the country's solid fisca...
Bank of Israel to sell up to $30 billion of forex to stabilise shekelThe shekel had already weakened by 10% so far in 2023 to a rate of 3.86 per dollar on political turmoil, and on the heels of what is expect...
Israel markets sink, businesses shut after Hamas attackIsraeli stock and bond prices fell, and businesses closed following a deadly attack by Hamas gunmen from Gaza. Tel Aviv share indices dropp...
Middle East stock markets plunge as Israel goes to war with HamasThe surprise attack by Hamas on Israel has had a significant impact on Middle East markets, with stocks falling and creating a volatile wee...
In first for Israeli banking, Leumi to enable crypto tradeThe statement gave no launch date, saying regulatory approval is pending. Leumi is one of Israel's two largest banks.
Israel's Benjamin Netanyahu faces legal trial and political tribulationsIsraeli Prime Minister Benjamin Netanyahu's legal and political troubles will play out simultaneously on Monday, at his corruption trial an...
- Palestinian central bank head departs after difficult term
Palestinian president Mahmud Abbas approved the resignation of central bank chief George Abed on Sunday after a turbulent term in which the...