The Almog and Harel Insurance & Finance groups announced on March 3rd a significant success in their long-term rental initiative, Rent 2 Stay, within the recently launched ALMOG Yavne project. In just a month and a half since its launch, 81 rental contracts have been signed—an indication of high demand for rental housing in Yavne, especially for long-term leases.The Rent 2 Stay initiative includes 157 apartments for long-term rental in a diverse mix of three-, four-, and five-room apartments, as well as penthouses, with rental prices aligned with the city's average rates. All of the apartments will be rented…
מחבר: the news time israel
US President Donald Trump told reporters on Monday that Microsoft is in talks to acquire TikTok and that he would like to see a bidding war over the app.Microsoft declined to comment. TikTok and ByteDance did not immediately respond to Reuters' requests for comment outside regular business hours.TikTok, which has about 170 million American users, was briefly taken offline just before a law requiring its Chinese owner ByteDance to either sell it on national security grounds or face a ban took effect on January 19. Trump, after taking office on January 20, signed an executive order seeking to delay…
In late morning inter-bank trading the shekel continues to gain against the US dollar and the euro. The shekel-US dollar exchange rate is down 0.40% at NIS 3.535/$, and the shekel-euro rate is down 0.52%, at NIS 3.685/euro.Yesterday, on the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 0.084% from Monday, at NIS 3.557/$, and the representative shekel-euro rate was set 0.231% lower at NIS 3.719/euro.Shekel continues to trade at strongest levels against dollar since 2023The shekel continues to trade at its strongest levels against the dollar since early 2023, before the government tried…
Mekorot CEO Amit Lang spoke at length about the challenges facing the Israeli water sector during the war, and the continuing efforts to connect the entire country to the national water carrier at the Infrastructure, Energy, and Transportation Conference of the Jerusalem Post Group, Maariv and Walla, in cooperation with Bank Leumi."We don't talk about it much, but every day there is a new challenge," Lang said. "Facilities and areas are damaged, and there are malfunctions that we have to overcome. Fortunately, the company is experienced and knows how to deal with these situations, so there is almost no…
When you say Israel-US relations, you immediately think of issues of security and diplomacy. These are undoubtedly important, but these relations have many other areas and layers. The economic-business relationship between the countries is of crucial importance to the daily lives of all Americans and Israelis.So how does a Middle Eastern economy of 10 million people affect a rich economy of 340 million people?Israel is a source of tremendous and groundbreaking innovation in a wide variety of fields. Sometimes the impact of a single technology is so great and widespread that it changes reality for the individual and the…
Key Takeaways: One analyst says revaluation would “legitimize gold’s monetary role.”With revaluation, gold would no longer be a “barbarous relic” says BOA.Revaluation speculation: Trump desire to visit Fort Knox, America’s need for cash.In the midst of a new gold rush, America’s gold is undervalued. Why? A rule dating back to the Nixon administration led to America’s gold being valued much lower than market value. The statutorily suppressed price of $42.22 is far below the current “gold rush” price of $2,900 per ounce. The United States owns more gold than any other country in the world, so some analysts are exploring…
The 2024 conference on innovation in interventional cardiology, ICI, will take place for the 29th year in Tel Aviv, led by Professor Chaim Lotan and Professor Rafi Beyar, attracting cardiologists, entrepreneurs, hi-tech companies, and global health organizations as it does every year. Despite the challenging and difficult times, Israeli innovation continues to make waves in the cardiology field. The ICI conference is the first in the world to implement innovation in all its aspects into the realm of interventional cardiology, and from there it has expanded into other areas of heart and vascular diseases. Progress both locally and globally continues…
American Christian Leaders for Israel (ACLI) has announced a press conference at the upcoming National Religious Broadcasters (NRB) International Christian Media Convention in Dallas, Texas.The event will unveil a resolution reaffirming what the drafters believe to be the Jewish people’s right to what the document calls the biblical heartland of Israel—referred to in the resolution as “Judea and Samaria” but known internationally as the West Bank.The resolution, which will be signed by over 3,000 Christian pastors and organizational leaders from across the United States, is intended to be delivered to President Donald Trump in advance of his anticipated statement…
This past weekend was particularly successful for the new shopping complex in central Israel, Big Fashion Glilot. Since its official opening last Thursday, more than 150,000 Israelis have visited, with the peak recorded on Saturday, when about 70,000 potential consumers arrived. Why "potential"? Well, according to reports from store employees in the complex, the overwhelming crowds did not necessarily translate into commercial success.Most visitors flocked to cafés and restaurants, even though the majority of stores in the complex—true to its name, "Big Fashion"—are focused on clothing and fashion. Despite massive traffic jams at the Glilot junction caused by the…
Many might find it difficult to believe that a Muslim-majority country sheltered and saved Jews during World War II; even fewer know that one European country in particular saw a tenfold increase in its Jewish population over the course of the Holocaust.But such is the story of Albania, a small country in southeast Europe whose unique culture and positioning along the Adriatic and Ionian coasts provided refuge for Jews from persecution throughout the ages.The ancient history of Jews in the tiny Balkan country is difficult to trace; some historians suggest that it may have been Jewish slaves who arrived…