Business and Economy
The maximum price for 95-octane unleaded gasoline will be 8.09 shekels ($2.64) per liter, roughly equivalent to $9.98 per gallon.
Despite Pretoria’s legal campaign against Israel in The Hague, an Israeli firm is investing in one of South Africa’s most promising offshore energy projects.
The Israeli PM said he expects post-war pipelines to bypass the waterway, stripping Iran of its leverage over global oil supplies.
The Foreign Ministry said that the record figures reflect “the strength, resilience and global competitiveness” of the country’s economy.
A consortium of banks led by Bank Leumi has signed a $3.1 billion agreement for the line that will connect Haifa, the Krayot region and Nazareth.
Affinity Partners remains the Israeli insurer’s top shareholder after the $342.8 million sale, citing long-term commitment.
The cybersecurity company, founded by two IDF Unit 8200 veterans, will acquire the fellow Israeli startup in cash and stock.
Qatar’s 17% voting stake in Volkswagen is not currently blocking an Iron Dome production deal.
The Cabinet decision instructs the minister of economy and industry to prohibit the import of such products, in accordance with accepted standards in international law.
The 1 billion shekel fast-track initiative gives early-stage companies an extra six months of operational runway to combat the strong shekel.
ITA Airways’ move followed a security alert issued by the U.S. embassy in Jerusalem over heightened regional tensions.
They can still work in industrial zones.
