In 2023, approximately 66,590 apartments (both new and second-hand) changed hands, marking a 35% decline compared to the previous year, as per a report released by the Central Bureau of Statistics. Of these, 42% were new apartments, totaling around 27,930 units, reflecting a 30.7% decrease from 2022. About 6,860 of these new units were sold […]
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The municipality of Jerusalem, through the local planning and building committee, approved four plans on February 11 for deposit in the district committee for urban renewal in Kiryat Menachem, within which 1,709 housing units will be built, including two giant towers of 41 stories each. In addition, the plan includes an area for public use […]
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Oil prices regained some ground in Asian trade on Wednesday amid concerns over attacks on shipping in the Red Sea and growing expectations that cuts to US interest rates will take longer than thought. Brent crude futures rose 24 cents or 0.3% to $82.58 a barrel by 7:21 GMT, while US West Texas Intermediate crude […]
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Bank Hapoalim and Bank Leumi will each pay a fine of NIS 1 million, and Isracard will pay a fine of NIS 250,000, the Bank of Israel announced. This comes as part of financial sanctions against banks due to service disruptions and consumer issues, which were investigated by undercover Bank of Israel officials. Bank Hapoalim […]
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Apple froze development of its new foldable iPhone after screens provided by manufacturers did not meet the company’s strict testing standards, according to a report by Chinese technology blogger Fixed Focus Digital. The report claimed that Apple tested a number of foldable devices from other companies as part of its research and development process, which […]
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The Partner Internet and phone service group is preparing for its upcoming entry into the residential electricity consumer market, by launching the Partner Power brand. In recent weeks, the company has started a pilot program with its employees, leading up to the official launch to the general public. It will offer three plans: a fixed […]
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In the upcoming years, Israel’s North will enjoy an increase it in the amount of water it receives thanks to a new project by the country’s national water company. Mekorot, which celebrated its 87th anniversary since its establishment on Thursday, has launched a project to supply more water to the Haifa, Nesher, and Carmel regions. […]
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As Israel experiences a downgrade in its credit rating, a similar fate has befallen its leader. Prime Minister Netanyahu, once considered a respected statesman on the international stage, has lost his rating. And similar to Moody’s forecast, the forecast is negative. Until last year, the free world regarded Netanyahu as a statesman, one with whom […]
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Ryanair, the low-cost carrier that currently operates numerous routes between Israel and Europe, caused a stir when it was revealed that when customers order a flight on the company’s website, there is an option to choose “Occupied Palestinian Territory” when putting in their personal details. Ryanair is an Irish airline, a country where many residents […]
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Sitting atop a ridge on the picturesque slopes in the southeastern corner of the city, Arnona Hills (Mordot Arnona in Hebrew) is Jerusalem’s newest residential project. Surrounded by breathtaking nature on the edge of the Judean Hills and overlooking the valleys below, this new gem promises a lifestyle of luxury and tranquility. The Arnona Hills […]
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