Newsroom
0404
0404 is a breaking-news site outlet. We translate its reports into English and compare them with 43 other newsrooms.
Group in the coverage barRight-wing pressIts own lean is rated Right.
Language and baseHebrew · Jerusalem
The last 30 days
2,129reports translated
61%first to report
94 mintypical time behind the first report
0%carry a named author
0%opinion and analysis
Why not a score? These are rates we can recompute. A single number would hide whether a newsroom is slow, unnamed, or mostly reprints. How we measure
How 0404 writes
0404's tone this month is neutral, close to the rest of the right-wing press. On the IDF, Netanyahu, the police, Hamas and the United States its wording is in step with the other newsrooms.
From 2,144 reports this month, judged without the newsroom's name. How this is measuredOnly 0404 had it
UAE Honors Flydubai Crew for Foiling Hijacking Attempt to IsraelSecurity · 40m agoIDF Operation in Samaria Targets Terror Infrastructure, Arrests SuspectsSecurity · 1h agoTrump Will Consider Facilitating Unity GovernmentPolitics · 1h agoBig stories 0404 skipped
Election Polls Show No Clear Majority for Any BlocCovered by 22 newsroomsIsrael's Election Day: Voting Hours, Free Transport, and Weather ForecastCovered by 21 newsroomsNetherlands Withdraws from Eurovision 2027 Over Israel's ParticipationCovered by 19 newsroomsLatest from 0404
Economy · 1h ago · also in 1 newsroomTel Aviv Stock Exchange Plunges Amid Post-Election UncertaintyThe Tel Aviv Stock Exchange saw major indices fall significantly on Tuesday, with the TA-35 down 1.81% and the TA-125 down 2.46%. Real estate and construction stocks were hit hardest, dropping over 6% and 8% respectively. However, the TA-Biomed index rose 1.09% and some individual stocks like Tikun Olam surged over 23%. Investors are now closely watching market reactions to the recent Knesset election results.Economy · 2h agoNew Commercial Hub Planned for Entrance to Rosh HaAyinRosh HaAyin Municipality is advancing the "Sha'ar Ha'ir" project, a new 80-dunam commercial, employment, and entertainment center at the city's entrance. The complex, nearing final approval, aims to meet the demand for a central shopping hub and create jobs. Mayor highlighted the project as part of the city's rapid growth and development strategy. Other approved projects include urban renewal on Shvutzi Street and a new commerce tower in the industrial zone.Economy · 13h agoIsraeli Shekel Weakens Sharply Amid Political Uncertainty Post-ElectionThe Israeli shekel weakened significantly against the dollar and euro on Tuesday, trading near 3.09 and 3.43 respectively, reversing prior gains. This sharp decline is linked to interim results from the 26th Knesset elections, indicating potential ongoing political uncertainty regarding government formation. While global currency markets remained stable, the shekel's volatility underscores the impact of local political developments on investor behavior.Economy · 1d ago · also in 17 newsroomsIsraelis Spend Over $1 Billion on Election Day, Up 41% From 2022Israelis spent over 1.14 billion shekels on election day, a 41.2% jump from 2022, according to Shva payment system data. The peak activity saw over 15,500 transactions in one minute. While the reasons for the surge are varied, including leveraging the holiday for shopping, the spending indicates strong commercial activity on election day.Economy · 2d agoRehovot Slashes Parking Fees for ResidentsRehovot residents will pay less for parking following a unanimous City Council decision to lower hourly and daily rates. The new prices, pending Interior Ministry approval, are 5 shekels per hour and 20 shekels daily for residents, with non-residents paying more. This builds on two free parking hours already offered to residents, as part of a policy to ease expenses during extensive city development projects.Economy · 2d agoNew 'MAXIM' Brand Unveiled for Elad Business ParkElad's municipal business park has been rebranded as 'MAXIM' at a ceremony attended by Mayor Yehuda Botbol and representatives from the branding company Grey Content. The rebranding signifies the completion of development work and the upcoming construction phase. The initiative aims to establish the park as a major business center, boosting the local economy and creating jobs. A joint working forum will manage the brand's implementation and promotion.Economy · 2d ago · also in 4 newsroomsCellcom Explores Acquisition of Apple Importer Icon GroupCellcom is in preliminary talks to acquire a controlling stake in Icon Group, the official Israeli importer and distributor of Apple products and operator of the iDigital retail chain. Sky fund, Icon's major shareholder, is seeking a 500 million shekel valuation, a significant premium over its current market cap. The acquisition would expand Cellcom's end-device sales operations and import activities, but requires regulatory approval. Icon Group reported 1.62 billion shekels in revenue and 41 million shekels in net profit for 2025.Economy · 6d ago · also in 2 newsroomsNetanyahu Highlights Israel's $100 Billion in Offshore Gas RevenuePrime Minister Benjamin Netanyahu visited the Leviathan gas platform, announcing that Israel expects to extract NIS 400 billion from offshore gas reserves. To date, NIS 32 billion has been transferred to the state, with future revenues projected to exceed NIS 350 billion. The development of these reserves has lowered electricity prices by over 20% compared to the EU, saving families thousands of shekels annually. Israel continues to seek new reserves and expand infrastructure to meet rising energy demands.Economy · 6d ago · also in 17 newsroomsEgg Prices to Rise in Israel by 2.1% Starting November 2026Supervised egg prices in Israel will increase by about 2.1% starting November 1, 2026. The maximum cost for a 12-egg carton will rise by 27 to 33 agorot, depending on size. The Ministry of Agriculture cited increased production and marketing costs as the reason. This change follows an automatic pricing mechanism that adjusts for industry cost fluctuations.Economy · 7d agoBnei Touvia Regional Council Reclaims Timron Industrial ZoneThe Bnei Touvia Regional Council approved the return of the Timron Industrial Zone to its jurisdiction on October 19. The council originally developed the zone before transferring it to Kiryat Malakhi over a decade ago. This decision aims to boost regional economic development and employment. The council thanked its members for their support in the initiative.Economy · 7d ago · also in 17 newsroomsBank of Israel Holds Interest Rate Steady After Three CutsThe Bank of Israel's Monetary Committee decided to keep the interest rate at 3.25%, halting three consecutive cuts. This follows four rate reductions this year, bringing the rate down from 4.25%. The decision considers falling inflation but also rising U.S. bond yields, which could cause capital flight and weaken the shekel.Economy · 8d ago · also in 1 newsroomDelek Motors Explores Acquiring Control of Cal Credit Card CompanyDelek Motors, controlled by Gil Agmon, is exploring a potential acquisition of Israel's Cal credit card company, valued at up to NIS 3.5 billion. This comes as Cal's current owner, Discount Bank, must divest its controlling stake by May 2027 due to competition reforms. A previous deal to sell Cal to Union Group and Harel Insurance was jeopardized by regulatory concerns, prompting renewed efforts to find a buyer. Other potential bidders include Centrige Group and Jerusalem Bank.Economy · 9d ago · also in 8 newsroomsBoomi Acquires Israeli Data Startup Elementary for $43 MillionAmerican data company Boomi has acquired Israeli startup Elementary Data for an estimated $43 million. Elementary's data observability platform monitors data reliability and identifies issues before they impact AI systems. Boomi plans to integrate Elementary's technology and expand its operations in Israel, where all 17 of Elementary's employees will join the company. This is Boomi's third acquisition in Israel.Economy · 9d agoShfela Region to Get New Recycling Park After Plan ApprovalThe "Taltan" regional recycling park has been approved for the Shfela region, near the Eyal interchange. This advanced facility will manage waste for over half a million residents across 15 municipalities. Projected to handle 360,000 tons of waste annually, it aims to significantly reduce landfilling by recycling and processing materials. The park's implementation is expected to cut transportation costs and environmental damage associated with current waste disposal methods.Economy · 9d agoWolt and Jerusalem Municipality Offer Free Subscription to StudentsWolt and the Jerusalem Municipality are offering free Wolt+ subscriptions to Jerusalem's 46,000 students until the end of the academic year, a benefit worth about 300 shekels. The subscription eliminates delivery fees on orders from participating restaurants and stores, aiming to ease students' financial burdens. This initiative comes as Wolt sees a 15% rise in orders from students during exam periods.Economy · 10d agoBank Leumi CEO Opposes Mandatory Interest on Checking AccountsHanan Friedman, CEO of Bank Leumi, argued against a mandatory interest payment on all checking account balances, stating that the immediate availability of funds has value. He noted that while his bank already offers interest to some customers, a universal requirement is not appropriate. Friedman believes banks should compete on interest rates and benefits, and that the immediate accessibility of checking account funds differs from fixed deposits. Data shows private customers held about NIS 233 billion in checking accounts as of June.Economy · 12d agoTel Aviv Stock Exchange Surges on Positive Economic DataThe Tel Aviv Stock Exchange saw a significant rise on Friday, with the TA-35 index climbing nearly 2%, driven by strong performances in technology, renewable energy, and insurance stocks. This surge follows positive economic news, including a drop in September inflation to 1.6% and a 0.6% decrease in apartment prices, fueling expectations of an interest rate cut. Key companies like Camtek, Enlight, and Menora Mivtachim saw substantial gains. El Al and Doral Energy are set to join the TA-35 index on November 5.Economy · 12d agoRehovot Parking Options Expanded with New Daily Rate LotThe Rehovot Municipality has regulated the Hanuf Street parking lot, adding approximately 100 spaces and introducing a daily parking rate option starting October 18. This initiative aims to improve parking availability and ease resident commutes amidst ongoing city infrastructure projects. The municipality is also proposing reduced parking tariffs for residents, with hourly rates potentially dropping to 5 shekels and daily rates to 20 shekels, while non-resident rates will increase. Mayor emphasized the policy's focus on prioritizing and supporting city residents.Economy · 12d ago · also in 19 newsroomsProofpoint to Acquire Israeli Cyber Firm Varonis for $6.3 BillionAmerican firm Proofpoint is acquiring Israeli cybersecurity company Varonis Systems for approximately $6.3 billion in an all-cash deal. The acquisition aims to bolster Proofpoint's technological capabilities in enterprise data protection. Varonis shareholders will receive $49.75 per share, and the deal is expected to close in the first half of 2027.Economy · 13d agoConsumer Price Index Drops 0.5%, Signaling Housing Market ShiftIsrael's Consumer Price Index fell by 0.5% in September 2026, lower than market predictions. The housing market experienced a 0.6% decrease over two months, marking the longest decline in a decade. However, prices rose in sectors like fresh produce, education, and rent.Economy · 13d agoKiryat Malachi Plans Future Transportation InfrastructureKiryat Malachi is developing a master transportation plan for the coming decades in collaboration with the Ministry of Construction and Housing. The plan aims to support the city's growth, including new housing and employment areas, by enhancing public transport, pedestrian, and cycling infrastructure. Major regional projects include the new Route 37 and the upgrade of Route 383, which will improve access and reduce congestion. The initiative also includes building a regional electric bus station.Economy · 13d ago · also in 2 newsroomsAzrieli Group Secures Over €1 Billion in Financing for Norwegian Data Center CampusAzrieli Group's Norwegian subsidiary has secured over €1 billion in financing for an 80-megawatt data center campus. The deal includes a €1.007 billion credit line for construction and allows Azrieli to recoup €260 million in invested equity. The project, built for an international tech firm, will see its first delivery delayed to July 2027 due to client-requested specification changes. These changes will postpone the start of revenue generation from the campus.Economy · 13d ago · also in 5 newsroomsDollar Surges to Six-Month High Against Shekel Amid US Inflation DataThe US dollar climbed to a six-month high against the Israeli shekel, trading around 3.10 on Tuesday. This rise was triggered by US inflation data exceeding expectations, increasing the likelihood of further Federal Reserve interest rate hikes. The strengthening dollar may increase costs for Israelis on dollar-denominated expenses. Investors await the Fed's next rate decision.Economy · 14d ago · also in 3 newsroomsUS Inflation Surges to 3.7%, Highest Since May, Fueling Rate Hike OddsU.S. annual inflation accelerated to 3.7% in September, the highest since May, driven by a 9.1% surge in gasoline prices. Core inflation also rose, indicating broader price pressures beyond energy. The data significantly increased market expectations for a Federal Reserve interest rate hike by December, despite signs of labor market slowdown. The inflation figures also affected Israeli markets, with bond yields rising.Economy · 14d agoIsrael Ranks 15th Globally in Innovation Despite War, Leads in Key MetricsIsrael ranked 15th globally in the 2026 Global Innovation Index, demonstrating strong performance despite ongoing conflict. The country leads the world in R&D spending as a percentage of GDP and venture capital deal volume. Despite economic challenges and high security costs, Israel's innovation sector continues to thrive, with tech exports reaching $85 billion in 2025.Economy · 14d ago · also in 8 newsroomsIMF Raises Israel's 2026 Growth Forecast to 4.5%, Predicts Inflation DropThe International Monetary Fund has raised Israel's 2026 economic growth forecast to 4.5% and predicts inflation will fall to 1.8% that year. These projections were part of the IMF's "World Economic Outlook" report released Tuesday. The IMF also forecasts modest unemployment increases and a shrinking current account surplus for Israel. Globally, the IMF slightly increased its 2026 growth outlook but warned about high public debt and rising financing costs.Economy · 15d agoTel Aviv Stock Exchange Closes Higher on Construction and Biomed GainsThe Tel Aviv Stock Exchange closed Tuesday with minor gains, led by the construction and biomedical sectors, despite a weak opening influenced by Asian chip market declines. The TA-35 index rose 0.01% to 1,909.88 points. The Ministry of Finance raised approximately 2.8 billion shekels through a successful government bond issuance that saw high demand. Trading volumes were robust, with stocks at 4.0 billion shekels and bonds at 4.1 billion shekels.Economy · 16d ago · also in 18 newsroomsBenzene Spikes Hit Stock Market: Bazan Loses $125 Million, Petrochemical Stocks PlummetBazan's stock plummeted by over 7% on the Tel Aviv Stock Exchange, losing approximately 469 million shekels in market value due to high benzene readings near its Haifa refinery. The Ministry of Environmental Protection halted maintenance work and demanded a new safety plan. Nearby schools relocated classes, and residents were advised to limit outdoor exposure. Bazan stated the work was temporarily suspended and reassured investors, but the market remains concerned about potential operational delays.Economy · 16d agoKiryat Ata Municipality and Egged Partner on Public Transport UpgradeThe Kiryat Ata Municipality and the bus company Egged met on Sunday to advance a plan for upgrading public transportation infrastructure in the city. The initiative aims to improve traffic routes and adapt them to Kiryat Ata's rapid development. Mayor Yakov Peretz emphasized the importance of providing advanced and accessible public transport services to residents. The municipality's professional staff has been instructed to immediately begin implementing the proposed changes.Economy · 17d agoKiryat Malachi Boosts Student Scholarships to NIS 3,000, Adds New ProgramsKiryat Malachi is significantly increasing its student scholarship base to NIS 3,000 and introducing new programs for academic excellence and young achievers. The city aims to foster social mobility and provide better opportunities for its youth. Mayor Eliyahu Zohar emphasized the city's commitment to investing in its future leaders.Economy · 17d agoGlobal Growth to Slow to 2.6% Amid Energy Crisis, UNCTAD ReportsGlobal economic growth is expected to slow to 2.6% in 2026, down from 2.9% last year, according to a UNCTAD report. The energy crisis, exacerbated by the Middle East conflict, has driven up prices and particularly impacted developing nations. Despite a slowdown in overall growth, global trade reached a record $35 trillion last year and is projected to grow by 4% this year, with Asia expected to contribute 59% of global growth.Economy · 20d agoTiberias Extends Free Parking to Aid Local BusinessesTiberias is increasing free parking time in orange zones from 60 to 90 minutes starting October 11, 2026. Mayor Yossi Naweh announced the change to support local businesses and improve the shopping experience. The extension is intended to encourage residents to spend more time and money at local establishments. This initiative is part of a broader effort to revitalize the city's economy.Economy · 20d ago · also in 1 newsroomBe'er Sheva Launches Urban Renewal in Innovation DistrictBe'er Sheva is launching the first phase of urban renewal in its Innovation District, marketing three plots for residential and commercial development. The project will add 737 new housing units, replacing 112 existing ones, and includes the restoration of the historic Orat Cinema. Mayor Rubik Danilovich highlighted the project's integration of living spaces with key city centers and heritage preservation. The tender submission deadline is November 10, 2026.Economy · 20d ago · also in 3 newsroomsTel Aviv Stock Exchange Plunges Amid Global Market WeaknessThe Tel Aviv Stock Exchange experienced its worst day since early June on Wednesday, with the TA-35 index falling 2.44%. The broad market decline was attributed to global market weakness, rising oil prices, and increased U.S. bond yields. Notable stock movements included Next Vision's 23% drop over two days following a large sale by an investment fund, while some defense and insurance stocks also fell sharply. The declines mirrored broader negative trends in international markets.Economy · 20d ago · also in 2 newsroomsIsrael's Foreign Currency Reserves Drop by $4.6 Billion in SeptemberIsrael's foreign currency reserves fell by $4.6 billion in September to $237 billion, according to the Bank of Israel. The decline was mainly due to market revaluations and government operations. This occurred during a period of rising global bond yields. The Bank of Israel has programs in place to manage the shekel's stability.Economy · 22d ago · also in 2 newsroomsGenesis GV60 Magma Performance EV Launched in IsraelAllon Motors has launched the Genesis GV60 Magma performance electric SUV in Israel, featuring 650 horsepower, all-wheel drive, and a price of approximately 600,000 shekels. The vehicle offers advanced performance features, a luxurious interior, and a range of up to 425 km, competing with other high-end electric SUVs.Economy · 23d ago · also in 1 newsroomNikkei Surpasses 70,000 Points for First Time Since July; Oil Prices DipTokyo's Nikkei index rose above 70,000 points for the first time since July, driven by tech stocks and positive Wall Street sentiment. Oil prices fell after G7 nations agreed to release emergency reserves, while supply risks remain due to ongoing incidents in the Persian Gulf.Economy · 24d ago · also in 33 newsroomsNetanyahu Announces Fuel Price Cut, Cites Economic StrengthIsraeli Prime Minister Benjamin Netanyahu announced a half-shekel per liter fuel price reduction effective Sunday night, attributing Israel's stable energy prices to government policies. He also highlighted the country's strong economic performance.Economy · 24d ago · also in 33 newsroomsFuel Prices to Drop by Half a Shekel Amid Tax CutThe price of gasoline in Israel will drop to NIS 7.77 per liter due to a tax cut, despite internal opposition. This follows a similar reduction last month, with potential price increases looming if no further action is taken.Economy · 26d ago · also in 1 newsroomAsian Markets Decline Amid Oil Price Surge and US Bond Yield ConcernsAsian stock markets opened lower on Friday, with Hong Kong's Hang Seng index falling sharply. Concerns over rising U.S. bond yields and oil prices, alongside upcoming U.S. jobs data, are driving market sentiment globally. The Tel Aviv Stock Exchange is closed for a holiday.Economy · 26d ago · also in 26 newsroomsIsrael to Cut Fuel Tax by 50 Agorot for One MonthIsrael's Ministry of Finance is proposing a one-month reduction of 50 agorot on the excise tax for gasoline. The measure will take effect after a public comment period and the Finance Minister's signature.Economy · 27d ago · also in 26 newsroomsFuel Prices to Drop by 50 Agorot Amid Record HighsIsrael will reduce fuel prices by 50 agorot per liter to 7.77 shekels, following a recent record high. The discount is temporary and will last for one month.Economy · 27d agoNikkei Soars 2.4% on AI Chip Surge Following Micron ReportTokyo's Nikkei 225 index surged 2.4% to a six-week high, driven by AI chip stocks after Micron's strong earnings report and optimistic forecast. The gains were concentrated in the tech sector, with broader market indices showing less enthusiasm.Economy · 28d ago · also in 7 newsroomsEl Al Set to Resume Direct Flights to Dubai in NovemberEl Al is preparing to resume direct flights between Tel Aviv and Dubai in November after an eight-month suspension. The airline plans to operate at least two daily flights, pending final government approvals, aiming to recapture a significant market for leisure and business travel.Economy · 28d ago · also in 1 newsroomNY Fed President Williams Signals No Urgency for Rate HikeNew York Fed President John Williams indicated no urgency for further interest rate hikes, causing market expectations for an October increase to fall below 50%. U.S. stock markets narrowed losses, while Treasury yields remained high and oil prices dropped amid signs of recovering Saudi exports.Economy · 28d ago · also in 9 newsroomsIsrael to Deepen Fuel Subsidies to Offset Expected Price HikesIsraeli Finance Minister Bezalel Smotrich has ordered an increase in fuel subsidies to counteract expected price hikes, attributing the economic resilience to wartime management and linking the potential price rise to the Iran conflict.Economy · 29d ago · also in 9 newsroomsIsrael's Finance Minister Orders Additional Fuel Subsidy to Curb Price HikesIsraeli Finance Minister Bezalel Smotrich has ordered preparations for an additional gasoline subsidy to combat rising fuel prices and inflation. The measure aims to protect consumers and stabilize the economy.Economy · 29d agoUS Imposes 100% Tariffs on Patented Drug ImportsThe U.S. has enacted a 100% tariff on imported patented drugs and raw materials, citing national security and supply chain risks, to encourage domestic production. Exemptions and specific conditions apply for certain drug categories and countries, with Israel not being on the list of eligible nations.Economy · 29d ago · also in 18 newsroomsFuel Prices in Israel Hit Record High of 8.27 Shekels Per LiterGasoline prices in Israel will reach a record high of 8.27 shekels per liter starting Thursday due to rising international fuel costs, oil prices, supply concerns, and a stronger dollar. The new price includes a temporary excise tax reduction.Economy · 29d ago · also in 3 newsroomsTel Aviv Ranks 34th Globally Among 1,000 Major CitiesTel Aviv ranked 34th out of 1,000 cities globally in the 2026 Global Cities Index, scoring 81.2 out of 100. Its strong performance was driven by its economy and human capital, though governance scored lower. Haifa and Jerusalem also made the list but at lower positions.Economy · 29d agoUS Treasury Chief: Iran's Currency Hits Historic Low Amid Economic PressureU.S. Treasury Secretary Scott stated that economic pressure has driven the Iranian rial to a historic low and vowed continued efforts to weaken Iran's ability to fund terrorism and develop nuclear weapons.Economy · 30d ago · also in 10 newsroomsNoa Argamani Joins Venture Capital Fund After Hamas CaptivityNoa Argamani, recently freed from Hamas captivity, has taken on a new role at the US-Israeli venture capital fund Vine Ventures. She will help Israeli startups connect with the US market and expand internationally.Economy · 30d ago · also in 17 newsroomsFuel Prices in Israel to Rise Again, Exceeding NIS 8 Per LiterGasoline prices in Israel are projected to increase by 25-40 agorot per liter, exceeding 8 shekels for 95-octane fuel. The rise is linked to global energy market shifts, and it remains uncertain if Finance Minister Bezalel Smotrich will reduce excise taxes to offset the increase.Economy · 30d ago · also in 3 newsroomsBank of Israel Tightens Loan Rules to Curb Household DebtThe Bank of Israel is tightening rules for loans secured by existing assets, effective October 1. New calculations will combine all property-related debt payments against net income, potentially reducing loan amounts or leading to rejections for many borrowers.Economy · 31d ago · also in 1 newsroomChinese Cars Cost Twice as Much in Israel Due to Taxes and MarkupsChinese-made cars are priced at least twice as high in Israel compared to China, with taxes, import costs, and profit margins being key drivers. Despite these factors, Israeli car importers are reporting significant profits.Economy · 32d ago · also in 1 newsroomHapag-Lloyd and PIM Group Submit Revised Offer for Zim Shipping CompanyHapag-Lloyd and the PIM Group have submitted an improved offer to acquire Israel's Zim shipping company, proposing an independent Israeli entity with enhanced government control and new shipping routes. Zim employees have voiced opposition to the deal.Economy · 32d ago · also in 4 newsroomsLeviathan Partners Cancel $6.7 Billion Gas Deal with Dalia EnergiesLeviathan gas field partners NewMed Energy and Ratio have announced the cancellation of a $6.7 billion, 20-year gas supply deal with Dalia Energies, citing unmet conditions. Dalia Energies rejected the cancellation, calling it invalid, and the situation may lead to legal disputes.Economy · 34d ago · also in 2 newsroomsIsrael's 'Basket of Goods' Pilot Ends, Future Decision to Next GovernmentIsrael's "Basket of Goods" pilot program, which used collective purchasing power to lower prices, concludes October 14th. The initiative, involving Carrefour, reportedly saved consumers tens of millions of shekels, but the decision on its future will be made by the next government.Economy · 34d ago · also in 6 newsroomsIsrael Airport Authority to Increase Departure Fees for International FlightsThe Israel Airports Authority will increase departure fees for international flights from Terminals 1 and 3 starting in 2027. The adjustments are linked to inflation and currency exchange rates, with fees rising to $37.68 for Terminal 3 and $17.36 for Terminal 1.Economy · 41d ago · also in 2 newsroomsClalit to Build Major Logistics Center in BeershebaClalit Health Services will invest NIS 400 million to build a major logistics and medical supply center in Beersheba, southern Israel. The facility aims to enhance regional medical continuity and independence, especially in emergencies, and is expected to create over 100 local jobs.Economy · 43d ago · also in 10 newsroomsAugust Inflation Hits 0.7%, Annual Rate Holds Steady at 1.5%Israel's consumer price index rose 0.7% in August, keeping the annual inflation rate at 1.5%. Economists expect the Bank of Israel to hold interest rates steady for the fourth consecutive meeting.Economy · 43d agoLod Municipality Hosts Women Entrepreneurs Conference for NetworkingThe Lod Municipality hosted a conference for women entrepreneurs focused on networking and business development, marking the start of a new year of support initiatives. The event featured workshops and networking opportunities designed to strengthen the local business community and economy.Economy · 43d agoYokanem Real Estate Event Draws 90 Developers, InvestorsApproximately 90 real estate developers and investors attended the "Yokanem NEXT" conference in Yokanem, Israel, where the city presented plans for significant residential and employment growth, including 3,300 new housing units and 2 billion shekels in investments. City officials promised streamlined permitting and dedicated support for developers.Economy · 43d agoBér Sheva Job Fair Offers Hundreds of Positions and TrainingBér Sheva will hold its annual job and vocational training fair on September 16, 2026, featuring over 80 employers offering hundreds of jobs and subsidized training programs. The event aims to connect local residents with career opportunities.Economy · 44d ago · also in 6 newsroomsIsraeli Mortgage Lending Surges Despite Weak Housing MarketDespite a weak housing market in Israel, mortgage lending has surged by 13.8% since the beginning of the year, reaching NIS 79.6 billion. This indicates a growing reliance on borrowed funds for apartment purchases.Economy · 44d ago · also in 21 newsroomsIsraeli Economic Council Proposes Ending Pension Contributions for Workers Under 40Israel's National Economic Council proposed a reform allowing workers under 40 to opt out of mandatory pension contributions, potentially increasing their net pay. The plan aims to ease financial burdens on young families but raises concerns about long-term savings.Economy · 49d agoAshdod Launches Major Aid Program for Needy Families Ahead of HolidaysThe Ashdod Municipality is providing NIS 300,000 in shopping vouchers to low-income families for the upcoming holidays, funded by the city and supplemented by donations from charities and businesses. The initiative aims to help families purchase necessities with dignity.Economy · 49d agoRosh Ha'ayin Hosts Successful Holiday Fairs Boosting Local BusinessesThe city of Rosh Ha'ayin held successful holiday fairs connecting residents with local businesses and creators. The initiative, supported by the Ministry of Economy, aims to strengthen the local economy and foster community ties.Economy · 51d ago · also in 27 newsroomsIsrael Cuts Fuel Tax, Slashing Gasoline Prices by 0.5 ShekelsIsrael has reduced its excise tax on gasoline, lowering the price per liter by 0.5 shekels to 7.75 shekels. Finance Minister Bezalel Smotrich stated the move aims to lower the cost of living and fight inflation.Economy · 51d agoKiryat Ono Launches Major $5 Million Street Renovation ProjectKiryat Ono has launched a 5 million shekel, three-month renovation project for Shlomo HaMelech Street near the city mall. The initiative aims to upgrade sidewalks, improve accessibility, and enhance the public space, addressing years of resident complaints.Economy · 52d ago · also in 11 newsroomsScandinavian Airlines Returns to Israel After Decade-Long HiatusScandinavian Airlines (SAS) will resume direct flights between Tel Aviv and Copenhagen on October 26, 2026, after a ten-year absence. The service will operate four times weekly using new Airbus A320neo planes, offering connections to Scandinavia.Economy · 52d agoNew Industrial Park Opens at Kibbutz Mefalsim at Full CapacityA new, fully occupied industrial park has opened at Kibbutz Mefalsim in the western Negev, representing a significant post-October 7th development and a vote of confidence in the region's economic future.Economy · 52d ago · also in 27 newsroomsIsrael Slashes Fuel Tax by Half Shekel Per Liter for Two MonthsIsraeli Finance Minister Bezalel Smotrich has reduced the fuel excise tax by half a shekel per liter for two months, lowering the price of gasoline to NIS 7.75. The move aims to offset rising global energy costs and ease economic pressure on citizens.Economy · 55d ago · also in 26 newsroomsFuel Prices to Drop by Half a Shekel Starting Midnight SundayIsrael's Ministry of Finance has ordered a reduction in fuel prices by half a shekel per liter, effective midnight Sunday. The move is intended to ease financial burdens on drivers.Economy · 55d ago · also in 21 newsroomsFuel Prices to Drop as Tax Reduction ApprovedIsrael's Attorney General approved Finance Minister Smotrich's plan to reduce fuel excise tax, which is expected to lower gasoline prices for consumers.Economy · 57d ago · also in 29 newsroomsBank of Israel Cuts Interest Rate for Third Consecutive TimeThe Bank of Israel reduced its interest rate by 0.25% to 3.25%, the fourth cut this year and the first instance of three consecutive reductions since 2008. This decision is supported by low inflation and slow economic growth, with the Finance Minister calling for further reductions.