EIB to invest 250 million Euros in Israeli Green Projects

The winners of the bid for the privatized company will take on its 440 million NIS of debt and fixed labor agreements.

After a sharp decline in annually calculated GDP in the last quarter of 2023 (23%), economic activity bounced back and increased by 14% the following quarter.

The Turkish Trade Ministry decided to temporarily lift restrictions on construction materials companies working with Israel. Meanwhile, the Foreign and Economy ministries are looking for alternatives to Turkey.

The core idea would be to take waste and reuse it as raw materials when possible. The program has reportedly already saved about 20 million NIS.

The turbine powering the plant is expected to produce some 3.5 million kilowatt-hours a year, or enough to power a 500-family town for a whole year.

Bank Leumi officials explained that UNRWA had been withdrawing money in a suspicious manner with unsatisfactory answers, leading to suspected terror ties.

The decision came after the State Department's decision to temporarily suspend funding for the agency due to revelations of some UNRWA employees' involvement in October 7.

Against the backdrop of rising interest rates, banks are publishing their profits and presenting a significant increase in their interest earnings. Bank Leumi presents the largest net profit