Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b - Globes
Nov 19, 2024 · The bank's mortgage portfolio grew 10% year-on-year, outstripping growth in lending to any other sector. A week after "Globes" reported on the restrictions that Bank Leumi is placing on deals involving contractors’ loans to homebuyers, the bank’s third quarter financials released this morning contain indications of the reasons for the decision.
Bill proposes abolition of public broadcasting in Israel
Nov 20, 2024 · Communications Minister Shlomo Karhi and MK Tally Gotliv call for privatization of the Israel Public Broadcasting Corporation (Kan), and for shutting it down if no suitable buyer is found. Minister of Communications Shlomo Karhi and MK Tally Gotliv (both Likud) plan to raise a bill at Sunday’s ...
Israel's Q3 growth figures unexpectedly robust - Globes
Nov 17, 2024 · Initial estimates show 3.8% growth, on an annualized basis, in the third quarter of 2024, the Central Bureau of Statistics reports. Initial estimates show unexpectedly robust 3.8% growth, on an annualized basis, in the third quarter of …
Israel ranked 17th for military power - Globes
Global Firepower ranks the conventional military capabilities of 145 countries. Iran is 14th. Israel is ranked 17th in the world for military strength, while Iran is 14th, according the Global Firepower rankings for 2024.. Since 2006, Global Firepower has published a ranking of the military forces of 145 countries, rating each country’s conventional means of making war on land, sea, and in ...
Israeli cloud management co ScaleOps raises $58m - Globes
ScaleOps optimizes resources with its fully automated, real-time cloud resource management platform powered by AI. Israeli real-time automated cloud resource management company ScaleOps today announced the completion of a $58 million Series B financing round led by Lightspeed Venture Partners, with participation from previous investors NFX and Glilot Capital Partners, and new investor Picture ...
Hapoalim Q3 profit up 14% - Globes
Nov 18, 2024 · Bank Hapoalim's board has declared a dividend of 40% of the third quarter profit, partly in cash and partly as a share buyback. Bank Hapoalim, headed by Yadin Antebi, has opened the reporting season for Israel’s banks with financials showing 14% growth in third quarter net profit to NIS 1.9 billion.
Globes - Israel Business News
Business news and analysis from Israeli financial daily “Globes”, covering the economy, finance, information technology, healthcare, defense, real estate, and more, updated throughout Israel's working week.
Rush to real estate triggers risk warnings - Globes
More is not alone, however. Last Thursday, insurance company Migdal Insurance and Financial Holdings (TASE: MGDL) and real estate development financing company Bareket Capital (TASE: BRKT) (founded by Gil Deutsch and Roni Biram and headed by Adi Gazit) entered into a financing agreement with a group of landowners that is building two residential towers (156 apartments) in Bat Yam at an ...
As Bitcoin soars Israelis missing out on cryptocurrencies
President-elect Donald Trump's support for cryptocurrencies has boosted the industry as Israeli institutional investors get left behind. Cryptocurrency investors abroad are in euphoria over the election of Donald Trump who has promised to back digital currencies.
Discount Bank posts 40% profit rise, announces share buyback
Nov 18, 2024 · The bank will buy back shares up to a total of NIS 500 million. Israel Discount Bank posted a 40% rise in third quarter profit to NIS 1.2 billion.