News
Dollar drops below 3 shekels for first time since 1995 as Israeli currency surges
3+ hour, 44+ min ago (968+ words) ynetnews For the first time in 31 years, the U. S dollar has fallen below the 3-shekel threshold, continuing a prolonged weakening trend against Israel's currency During continuous trading Wednesday, the dollar was hovering around NIS 2. 99 Its official representative rate, set earlier…...
The reality of new construction quality in Israel
1+ week, 2+ hour ago (1042+ words) While Israeli construction is structurally strong and increasingly modern, gaps in finishes, execution and buyer-driven upgrades create wide variations in quality, leaving international buyers to navigate a complex and evolving market Over the years, and throughout many journeys with clients,…...
Israel's budget deficit narrows to 4. 2% of GDP despite war costs
1+ hour, 4+ min ago (1022+ words) Data show rolling 12-month deficit fell to 89. 5 B shekels in March, helped by continuing budget and delayed war outlays; officials say much larger deficits expected once defense spending, ministry funding and business compensation begin flowing The March figure, the first…...
The future doesn't wait, and neither do they
4+ hour, 47+ min ago (519+ words) {"0":"From startups to global stages, ynet Global presents a new generation of Jewish and Israeli leaders redefining influence, right now","4":"ynet Global presents a new generation of Jewish and Israeli leaders redefining influence, right now"}...
This is what El Al's upgraded luxury lounge at Ben Gurion looks like
11+ hour, 53+ min ago (655+ words) {"0":"The lounge in Terminal 3 is available to the airline's top tier customers; Access to the lounge cannot be purchased on a one-time basis and is granted solely as a status benefit","4":"The lounge in Terminal 3 is available to the airline's…...
Idan Ofer buys Manhattan office tower in $350 million bet on housing conversion
16+ hour, 49+ min ago (814+ words) ynetnews Israeli businessman and billionaire Idan Ofer is buying a New York office tower known as 845 Third Avenue for an estimated $350 million, with plans to convert it into a residential building in a bid to raise its value The 21-story…...
Ukraine raises alarm over Russian ship carrying 'stolen' grain to Haifa Port
17+ hour, 45+ min ago (575+ words) ["Ukraine raises alarm over Russian ship carrying 'stolen' grain to Haifa Port'ynetnews","Kyiv says Russian cargo ship ABINSK carries wheat from Ukrainian territory under Russian occupation, urges Israel to investigate whether shipment unloaded in Haifa, warning Israeli territory must not…...
Israel pushes bioconvergence as next economic frontier
20+ hour, 50+ min ago (751+ words) {"0":"Government-backed program says Israel has mapped 188 bioconvergence companies and committed hundreds of millions of shekels to research, infrastructure, regulation and training as it seeks to turn the multidisciplinary field into a new engine of growth","4":"Gov-backed program says Israel mapped…...
Israel's economy flooded with dollars, raising fears for exports, jobs and growth
1+ day, 1+ hour ago (884+ words) Dollar fell from 3. 7 to 3. 1 in a year as foreign investment surged; exporters warn profits are shrinking, with firms considering moving activity abroad while Bank of Israel resists intervention over inflation concerns Israel's economy is being flooded with dollars, driving a…...
Water crisis fuels demand for smarter irrigation as Israeli startup cuts waste with new tech
1+ day, 6+ hour ago (998+ words) Israeli startup BSprinkler has developed a mechanical sprinkler that reduces overlap and overwatering by adjusting its range to match specific areas, improving efficiency without electronics Water scarcity is rapidly emerging as one of the defining global challenges of the coming…...