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Israel News

Economy

The shekel, interest rates, inflation, taxes and the state budget, plus Bank of Israel decisions and what they mean for households.

27 stories

Illustration of a plain white passenger jet parked on a desert airport apron at dusk with ridgelines beyond.

Economy

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Nakash family sells control of Israeli airline Arkia to investor group

Arkia's owners have handed control to an unnamed investment group in a deal Globes estimates at $40-50 million, after the carrier's recent cash-flow strain.

Illustration of an empty Spanish railway terminal at dawn, with idle high-speed trains standing at deserted platforms beneath an arched glass roof.

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Spain's first general strike in 14 years hits weeks before national vote

Illustration of the pale limestone Bank of Israel headquarters in Jerusalem seen across an empty stone plaza in morning light.

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Revolut wins conditional Bank of Israel license to set up a digital bank

Illustration of a pale limestone central bank building in Jerusalem with an empty stone plaza in morning light

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Bank of Israel gives Revolut a conditional license to open a new bank

Illustration of a passenger jet climbing away from a runway over Israel's coastal plain at dusk, eucalyptus trees on the horizon.

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Israel's Tax Authority weighs a flight tax of 12 to 274 shekels per passenger

Illustration of a Mediterranean seafront with pale apartment towers, one wrapped in scaffolding, above a quiet sandy beach at dawn.

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Bat Yam mayor hands Iranian UN official a 250 million shekel war damage claim

Illustration of Tel Aviv's financial district towers seen from far away in golden morning haze above low rooftops and trees.

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Tel Aviv stocks jump, TA-35 up 2.5% to 3% as the shekel firms

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