Banking & Finance

Israel's national water company, Mekorot, achieved 95% of its development goals, amounting to approximately 1.2 billion shekels.

Just hours after the ceasefire in the North took effect, the bank reopened its doors, becoming the first to resume operations in the city.

While we wait for the Israeli 2025 budget to pass, here is some other Israeli tax news.

‘We willingly relinquished our fiscal rights in order to buy peace, but we are not getting what we are paying for,’ says Maurice Hirsch, Director of the Initiative for Palestinian Authority

The State Comptroller stressed the need to examine how to collect taxes from the cryptocurrency market before the government raises taxes for the public.

Hamilton Lane’s Co-CEO arrives in Israel for his fourth time since the war amid rising tensions in the region: “I believe in Israel’s innovative spirit” 

The Finance Ministry laid out a number of factors that could impact the growth projection, causing it to rise or fall.

President Vladimir Putin is keen to build up BRICS - which has expanded to include Egypt, Ethiopia, Iran and the United Arab Emirates as well as Brazil, Russia, India, China and South Africa.

The economy was supported by gains in consumer and state spending and in investment in fixed assets, while exports fell.

Israel's economic professionals have stressed it, Ratings agencies have said it - Israel needs a responsible budget for 2025, and it needs to show it can pass one now.