Edition:
United Kingdom

Steven Scheer

Israel, UAE agree deal to boost investment in each other's economies

18 Oct 2020

JERUSALEM Israel and the United Arab Emirates (UAE) have reached a bilateral agreement that will give incentives and protection to investors who make investments in each other's countries, both finance ministries said on Sunday.

Israel finance minister promises budget by December, another official quits

11 Oct 2020

JERUSALEM Israel's finance minister promised on Sunday the long awaited 2021 state budget would be ready in December amid accusations the government was dragging its heels for political reasons and after a third senior economic official quit in three months.

Israel's second lockdown carries a hefty economic price

08 Oct 2020

JERUSALEM/TEL AVIV Restaurateur Tamir Barelko has had enough.

El Al claims airline's buyer is front man for his non-Israeli father

24 Sep 2020

JERUSALEM El Al Israel Airlines is opposing the purchase of a controlling stake by religious student Eli Rozenberg, alleging he is a front man for his father, who is not an Israeli citizen as required by law, according to a letter from its lawyers.

El Al claims airline's buyer is front man for his non-Israeli father

24 Sep 2020

JERUSALEM El Al Israel Airlines is opposing the purchase of a controlling stake by religious student Eli Rozenberg, alleging he is a front man for his father, who is not an Israeli citizen as required by law, according to a letter from its lawyers.

Israel expands economic aid to businesses and self-employed by $3 billion

22 Sep 2020

JERUSALEM Israel's cabinet has approved an extra 10.5-billion-shekel ($3-billion) aid package to help businesses and self-employed workers cope during a new nationwide lockdown to curb the spread of COVID-19.

Israel expands economic aid to businesses and self-employed by $3 bln

22 Sep 2020

JERUSALEM, Sept 22 Israel's cabinet has approved an extra 10.5-billion-shekel ($3-billion) aid package to help businesses and self-employed workers cope during a new nationwide lockdown to curb the spread of COVID-19.

Control of Israel's El Al Airlines bought by 27-year-old student

17 Sep 2020

JERUSALEM A 27-year-old U.S.-born yeshiva student has secured control of El Al Israel Airlines following a public share offering that was a government condition for the carrier to receive a 75% state-backed $250 million loan.

Cash-strapped El Al Israel Airlines raises $148 million in share offering

16 Sep 2020

TEL AVIV Cash-strapped El Al Israel Airlines raised $148 million in a government-mandated share offering on Wednesday that will enable it to receive a state bailout package.

Israeli cabinet OKs fibre-optics network rollout

14 Sep 2020

JERUSALEM Israel's cabinet approved a plan by the telecom regulator to speed up deployment of a long-delayed nationwide fibre optics network.

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