Money
Man wins NIS 64m. in Double Lotto: 'I buy excitement for NIS 66'
Just two days after discovering his win by scanning the ticket on the app, the winner arrived at the Mifal Hapayis offices while his wife waited nearby, convinced he was running routine errands.
Israel spends more of its GDP on education than the OECD average, but less per student
The default cost-efficiency failure that costs the Israeli economy billions annually
Elon Musk is a trillionaire again: Wealth jumped $65b. in a single day
Hamas seeks to exploit Hajj pilgrimage to smuggle funds into Gaza - report
In Egypt, the sources explained, the smuggled finances will be laundered or “redirected” using various methods before being transferred to Gaza.
Iraq sought financial assistance from International Monetary Fund as result of Iran war
Initial conversations took place last month during the spring meetings of the IMF and World Bank in Washington.
NIS 200,000 allocated for laptops, school equipment for low-income children in northern Israel
The allocation will be limited, targeted, and one-time only, with safeguards intended to ensure the Ida Abush public endowment can continue to fulfill its purposes in the future.
Police seize $400,000 from car under suspicion of money laundering, tax offenses
According to the police, the driver of the vehicle, a man from Rahat, was arrested under suspicion of money laundering and tax offenses, and the money was confiscated.
Dozens charged in global insider trading scheme after making millions in illicit profits
Two of the defendants, according to the Massachusetts DA, are located in Russia and Israel and considered fugitives.
Your Investments: Prosperity in Israel takes time, but aliyah is worth it
No one walked into Israel and achieved instant prosperity overnight. The land required effort, faith, and sacrifice. But, ultimately, it offered something deeper than comfort.
Israeli reservist wins NIS 15 million in lottery after months of serving in Gaza
The winner said he delayed collecting the prize because he was serving in the reserves and plans to use part of the money to establish a nonprofit.
Hamburg court bars Deutsche Welle from repeating money laundering claims about Abramovich
Hamburg court rules against Deutsche Welle, halting claims connecting Abramovich to money laundering in a recent report.
Eduard Khemchan and the discipline of multi-cycle investing
Your Taxes: OECD, G20 launch plan to expose untaxed real estate funds and income
A new OECD initiative aims to close real estate loopholes, exposing untaxed funds, rental income, and capital gains. This could affect anyone with global property investments.
