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US Dollar, Euro Rise in Foreign Currency Trade

Both the US dollar and the euro rose against the shekel.

Israel Thwarts Hamas Efforts to Smuggle Money, Materiel Into Judea, Samaria

The Shin Bet says operations will continue to block future smuggling of money and materiel by terrorists.

Israeli Shekel Drops Against US Dollar

The Israeli shekel has weakened against the US dollar and other foreign currencies.

Average Israeli Salary Rises in September

The average Israeli salary rose by 2.2% in September to NIS 8,935, according to a report by the Central Bureau of Statistics on Thursday.

Netanyahu OKs Fortified Daycare Centers Near Gaza

The Cabinet on Sunday unanimously approved an allocation of NIS 7.6 million in order to complete the financing of building protected daycare centers in communities with 0-7 kilometers from the Gaza Strip.

Computer Giant to Invest $5 Million in Israeli Education

Computer giant Intel has announced that it will invest five million dollars (NIS 20 million) into Israeli high schools over the next four years, to provide advanced science, technology, engineering and math education to students in the “startup nation”.

January Elections Budget Approved in Israel

The Central Elections Commission approved a budget for the upcoming elections on Sunday.

Man Who Found Majdi Halbi Wants His Reward

Ibrahim Kozli, the man that found the body of missing Druze soldier Majdi Halbi is demanding the NIS 10 million reward that the organization...

NIS 1 Billion in Mortgages Granted in First Half of October.

In the first half of October, NIS 1 billion have been granted in new mortgages. Considering that seven days were taken up by Jewish holidays, this is a robust number, according to a report by Israel’s Globes business magazine online.

Olmert “Standing Tall” After Receiving Commuted Sentence

Former prime minister Ehud Olmert told a press conference Monday that he leaves court “standing tall” after being handed a one year suspended sentence and a fine of NIS 75,300 for breaching the public trust in what has been called the “Investment Center Affair”.

Israeli Police Investigating Defense Ministry Embezzlement

Israeli police are concluding an investigation that a senior official in the Ministry of Defense embezzled more than NIS 2 million earmarked for defense...

Israel’s Gas Cost Drops, Tax Still 55%

The price of gas was lowered overnight Sunday by 2.15%, making the maximum price of self-serve 95-octane gasoline 16 agorot per liter less - NIS 7.27.

Haredi Draft Proposal Offers Few Sticks, Many Carrots

The Plesner Committee, tasked with crafting an alternative to the Tal Law for haredi service in Israel, is reportedly drafting a proposal which would defer the enlistment of haredi men till age 22, offer financial incentives to yeshivot that have younger enlistment rates, and begin to levy economic sanctions on haredim who don't enlist by age 23.

Tomato Shortage Leads to Price Surge in Israel

A tomato shortage has led to a surge in prices for the juicy Israeli staples, with prices estimated to reach NIS 16 per kilo...

On the Eve of Yom HaShoah, Israel’s Government Increases Holocaust Survivors’ Benefits

On the eve of Yom HaShoah, Prime Minister Benjamin Netanyahu's cabinet on Tuesday adopted the recommendation of the Prime Minister, Finance Minister Yuval Steinitz,...

List of Israel’s Wealthiest Politicians

In the ranking of wealthiest politicians in the country by “Forbes Israel”, the top seat goes to Minister of Galilee and Negev Development Silvan...

Israel Home Prices Down For First Time in Almost 3 Years

Home prices have fallen in the third quarter of 2011, for the first time in 30 months, according to an article in Israel's Globes...

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