Asian Markets Rise Amid US-Iran Tensions, Israeli Real Estate Deals
Asian stock markets experienced gains on Thursday, influenced by ongoing geopolitical tensions between the United States and Iran, which have led to a rise in oil prices. The article also touches upon significant developments within Israel's financial and real estate sectors.
A major real estate deal involving Migdal is highlighted, alongside a significant financial dispute where "Cal" (likely referring to a credit card company) will pay NIS 4 million to customers due to an undisclosed end to a benefit. The article also mentions a legal battle between two prominent families, described as having reached a "complete rupture" with accusations of betrayal.
Further details emerge regarding a company's valuation soaring to NIS 9 billion, enriching kibbutz members, before a collapse attributed to "Cal" failing to update on the termination of a card benefit. Separately, a rare apartment opposite the Western Wall is listed for sale at NIS 50 million by its 91-year-old owner.
In the tech and consumer realm, it's noted that 99% of Israelis use a particular application, the blocking of which reportedly "destroyed their lives." Additionally, 38 apartment buyers in Netanya are suing, claiming they were promised they would not have to complete their purchase. The article also briefly mentions educational concerns, with a quote suggesting certain math and computer courses are a "waste of time."