Search Results for: Israel
Bank of Israel to cut VAT, corporate taxes to buoy economy
September 4th, 2015
Israel will cut corporate and value-added taxes to help boost economic growth after it collected more tax than expected in recent months, Prime Minister Benjamin Netanyahu said on Thursday. In a plan initiated by Finance Minister Moshe Kahlon, VAT ...
The discovery of a “supegiant” gas field in Egyptian waters could be bad news for Cyprus and Israel while Greece push towards the privatization of its energy sector
September 3rd, 2015
The East Mediterranean energy play has been transformed overnight when the Italian energy company ENI announced the discover of a giant gas field off the coast of Egypt. Read More: Italy’s Eni discovers huge gas field off Egyptian coast Zohr, ...
Euronext expands global reach to Israel
September 1st, 2015
Regulatory approval given to onboard qualified Israeli firms directly for cash and derivatives Euronext, the leading exchange in the Eurozone, today announced that it has received approval from the Israeli Securities Authority (ISA) to allow Israeli based qualified trading ...
Bank of Israel imposed financial sanctions on an Israel bank regarding prohibition on Money Laundering and Terror Financing
June 29th, 2015
The Bank of Israel has issued a press release to inform that: On June 28, 2015, the Banking Corporations Sanctions Committee regarding the prohibition on money laundering and terror financing decided to impose a financial sanction of NIS 4.2 ...
Bank of Israel leaves June interest rate unchanged
May 26th, 2015
The Bank of Israel has left the rate unchanged at an historic low of 0.1% for the third consecutive month. The Bank of Israel Monetary Committee headed by Governor Dr. Karnit Flug has kept the interest rate for June unchanged at ...
BoI warns Israeli banks to keep sanctions on Russia
May 11th, 2015
Israeli banks are being required to verify that sanctions are being observed. The Bank of Israel has ordered Israeli banks to establish a policy and rules for working with companies and banks in Russia, following the sanctions imposed on ...
Plus500 – Israel’s most profitable Internet company
April 20th, 2015
The online contracts for difference (CFD) company, which deals in capital market assets, has outperformed forecasts. Plus500 Ltd. (AIM: PLUS) whose share is traded at a $1.3 billion market cap, has reported partial results for the first quarter of ...
The $33 Billion Silver Lining to Israel’s Stock-Market Exodus
April 9th, 2015
As stock trading in Israel plunges and public offerings dry up, the country’s flagship bourse may have found a savior: exchange-traded notes. The volume of trading in ETNs, which are similar to exchange-traded funds but have stricter return rules, ...
Israel election: Netanyahu claims victory as his party takes lead
March 18th, 2015
Israeli Prime Minister Benjamin Netanyahu appeared headed for another term as preliminary numbers Wednesday showed his party in the lead. With nearly all votes counted, Netanyahu’s Likud party has at least 29 seats in the 120 seat Knesset, according ...
‘King Bibi’s’ reign challenged in Israeli election
March 17th, 2015
Prime Minister Benjamin Netanyahu’s march towards becoming the longest-serving leader of Israel could be halted on Tuesday in an election that has exposed public fatigue with his stress on national security rather than socio-economic problems. Surging rhetoric against Iran and the Palestinians has ...
