Israeli Tourism Ministry Invests in Upgrades ‘From Eilat to Mount Hermon’
The Israeli Tourism Ministry approved NIS 174 million for 58 public tourism infrastructure upgrades across Israel, from Eilat to Mount Hermon, boosting the.
Economy
Israel’s ZIM Shipping Sold to Germany’s Hapag-Lloyd for $3.7 Billion
Germany's Hapag-Lloyd and Israel's FIMI acquire ZIM Shipping for $3.7 billion, ensuring Israel maintains strategic maritime interests despite local opposition.
Slight Increases in March Producer Price Indexes
Israel's industrial output prices rose 0.8% in March 2026, driven by a 3.6% increase in fuel prices, according to the Central Bureau of Statistics.
Slight Increases in March Price Input Indexes
Israel's March 2026 input price indexes reveal a 0.2% rise in residential construction costs and a 0.8% increase for bus services.
Slight Decrease in Apartment Prices in March
Israel's Central Bureau of Statistics reported a 0.1% decrease in apartment prices for March 2026, based on recent transaction data.
Low Dollar Helps Fuel Sharp Increase in Tobacco Imports
Israel's cigarette imports surged 20.5% in March 2026, with the value of all tobacco imports rising 53%, driven by a weaker dollar and travel bans.
Shekel Exchange Rates End of Day Thursday, April 16, 2026
On April 16, 2026, the Bank of Israel released end-of-day exchange rates, with currencies like the US Dollar and Euro seeing slight declines against the Shekel.
Tel Aviv Stock Exchange TASE Recap April 16, 2026
On April 16, 2026, the Tel Aviv Stock Exchange (TASE) experienced a downturn, with the TA-35 index closing down 1.13% to 4,378.45.
Mixed Trends in Appliance Imports March 2026
In March 2026, Israel's appliance imports saw mixed results, with refrigerators and dryers declining, while washing machines and dishwashers surged.
Arrivals to Israel Drop More Than 90% in March Due to Iran War
Israel saw visitor arrivals drop over 90% in March 2026, with only 9,600 arrivals compared to 102,300 in March 2025, due to the war with Iran.
Dollar Hits 30-Year Low Against Israeli Shekel
The U.S. dollar hit a 30-year low against the Israeli shekel in Jerusalem on Wednesday, falling below three shekels for the first time since October 1995.
Chokehold: Iran could run out of oil storage with Trump blockade, wreaking havoc with its economy:
Trump's potential blockade could cripple Iran's economy by depleting oil storage, causing global market shock.
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