Globes - Israel Business News
WEBBusiness 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.
Mizrahi Tefahot posts highest Q2 ROE among Israel's banks
WEBAug 15, 2024 · Mizrahi Tefahot’s annualized return on equity for the second quarter of 19.9% is the highest of all the banks, and compares with 16.4% for Bank Hapoalim, 15.9% for Bank Leumi, and 14.1% for Discount Bank. It is however lower than Mizrahi Tefahot’s own annualized return on equity for the corresponding quarter of 2023 of 22%.
Inflation in Israel rises back above target range - Globes
WEBAug 15, 2024 · In the twelve months to the end of July 2024, the rate of inflation has risen to 3.2% from 2.9% at the end of June, according to figures released by the Central Bureau of Statistics today. Thus inflation has risen back above the Bank of Israel's annual target range upper limit of 3%.
News - Globes
WEB2 days ago · 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.
El Al's profit keeps climbing - Globes
WEBAug 15, 2024 · El Al Israel Airlines (TASE: ELAL) has again broken its own record, posting a net profit of $147.4 million for the second quarter. This represents a massive 84% increase over the $80.5 million profit for the first quarter, which itself was the airline’s best ever quarter until now.
Israel and Morocco defense cooperation deepens - Globes
WEBJun 19, 2024 · The Israel Navy's new landing craft, the INS Komemiyut, called in at Tangier for supplies, when sailing between the US and Israel. The Israel Navy's new landing craft, the INS Komemiyut, which arrived in Israel this week from the US, did so after calling into Morocco to take on supplies, according to information received by "Globes" from sources familiar with the matter, and backed up by the ...
Israeli startups provide IDF with tech advantage - Globes
WEBAug 15, 2024 · Israeli startups provide IDF with tech advantage. “Globes” looks at five of the main startups with which the Ministry of Defense has been collaborating since the outbreak of the war: Smartshooter, Xtend, Regulus, CopterPIX and Robotican. Throughout the 10 months of the war, the IDF and Ministry of Defense have recorded a range of ...
Per capita growth negative in Q2 - Globes
WEBAug 18, 2024 · The Central Bureau of Statistics reports negative GDP per capita growth of 0.4% in the second quarter, on an annualized basis.
Should Israel take Turkey's invasion threat seriously? - Globes
WEBJul 29, 2024 · Yesterday (Sunday), Turkish president Recep Tayyip Erdogan threatened to invade Israel, in the same way as Turkey was involved in the wars in Libya and Nagorno-Karabakh. It’s no surprise that President Erdogan, Hamas’s closest friend, should again attack Israel verbally, but even in Israel’s Ministry of Foreign Affairs there was ...
Israel's exports rise sharply in 2022 - Globes
WEBDec 25, 2022 · According to a conservative estimate by the Ministry of Economy and Industry's Foreign Trade Administration (FTA), Israel's exports of goods and services will amount to at least $160 billion in 2022, a new record and up more than 10% from last year, when exports of goods and services totaled a then record $144 billion.
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