finance

Mekorot concludes 2023 with an increase in revenue and water supply

Mekorot's 2023 net profit declined to NIS 190M due to one-time events. Revenue increased by 5% amid rising water sales

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Keep your will, estate plan, and any beneficiaries up to date

Make sure that your legacy is a fond one for your heirs, and that no one is forgotten or slighted. Do all involved a favor and update your will and any beneficiary designations.

By AARON KATSMAN
23/03/2024

US Congress averts government shutdown, passing $1.2 trillion bill

Senate leaders spent hours on Friday negotiating a number of amendments to the budget bill that ultimately were defeated.

By REUTERS
23/03/2024

Israeli NGOs financially impacted by IDF's war on Hamas, survey finds

A recent survey conducted by the Hebrew University by Professor Michal Almog-Bar claimed that following the horrific attack on October 7, many Israeli NGOs have seen mixed responses to funding.

47% can't afford dental care: Israeli financial security down in 2023

Paamonim CEO Zvika Goldberg called for a national plan to be implemented to address Israeli's financial conduct.

21/03/2024

Knesset Labor Committee: IDF capitalization pensioners no longer repay loans 'for life'

In a significant move, the Knesset's Labor and Welfare committee has given the green light for certain IDF retirees to halt ongoing monthly repayments on loans taken out against their pensions.

20/03/2024

Finance Ministry: Raise of minimum wage 'will lead to our collapse'

The long meeting discussed the effect of the minimum wage on the functioning of hospitals run by non-profit organizations.

By 2036, National Insurance Institute won't be able to pay pensions

According to the actuarial report, starting in 2030, a partial early fund redemption will be implemented, and it is projected to be depleted by 2036.

By YUVAL BAGNO
18/03/2024

Meet the Israeli startup working to merge crypto and mainstream finance as Bitcoin soars

Crypto enthusiasts, sometimes referred to as “HODLers,” are rejoicing in the industry’s recent achievements.

State to pay Gaza hostages compensation for missed wages since Oct. 7

The Knesset Labor and Welfare Committee approved retroactive payments for Gaza hostages in lieu of salaries, with even those unemployed to get NIS 7,000 minimum.

By WALLA! FINANCE
12/03/2024
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