Tag #Israeli Economy

Showing 13 to 20 of 20 results

themarker.com
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Phoenix Holdings Doubles 2024 Profit to NIS 2 Billion

Phoenix Holdings reported a doubled net profit of NIS 2 billion (USD 540 million) for 2024 compared to NIS 1 billion (USD 270 million) in 2023, driven by improved profitability across all segments, particularly elementary insurance, and a machine learning initiative; a NIS 565 million (USD 152 milli...

Progress

40% Bias Score

Decent Work and Economic Growth
jpost.com
🌐 75% Global Worthiness
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Hapoalim Profit Up, Seeks Higher Dividend Payouts

Hapoalim, an Israeli bank, reported a 2024 net profit of $2.12 billion, exceeding 2023 figures despite military conflicts; it seeks to increase dividend payouts to 50% of net profit, but the Bank of Israel currently limits it to 40%.

Progress

44% Bias Score

Reduced Inequality
jpost.com
🌐 75% Global Worthiness
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Bank of Israel Holds Interest Rate Steady Amidst Ongoing War and Moderate Economic Recovery

The Bank of Israel kept its key interest rate at 4.5% for the eighth consecutive month due to the ongoing war and moderate economic recovery, projecting GDP growth of 0.6% in 2024, 4% in 2025, and 4.5% in 2026, while anticipating inflation to reach 4% in the first quarter of 2025.

Progress

28% Bias Score

Decent Work and Economic Growth
jpost.com
🌐 85% Global Worthiness
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"Israel's Economy Shows Resilience Amidst 14-Month War: High-Tech Funding Up 30%"

"At the 2024 Jerusalem Post Miami Summit, a panel discussed Israel's economic resilience amidst a 14-month war, highlighting a 30% rise in high-tech capital funding this past quarter compared to last year, alongside Bank Leumi's relief programs and the continued growth of Israel's high-tech sector."

Progress

44% Bias Score

Decent Work and Economic Growth
themarker.com
🌐 85% Global Worthiness
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International Bank Reports Record-High Return on Equity for 2024

International Bank reported a net profit of 2.37 billion shekels in 2024, a 9.2% year-on-year increase, with a record-high return on equity of 19%; credit to the public increased by 10%, and public deposits rose by 12.4%.

Progress

40% Bias Score

Decent Work and Economic Growth
themarker.com
🌐 75% Global Worthiness
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Israeli Households' Irrational Savings Habits Result in Significant Financial Losses

Due to rising prices, many Israeli families are holding approximately 2 trillion shekels in low-yield bank accounts, demonstrating irrational financial behavior despite investing a significant portion in higher-yielding assets; this is due to the perceived risks of the stock market.

Progress

48% Bias Score

Reduced Inequality
themarker.com
🌐 75% Global Worthiness
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Israeli Knesset Debates 2025 Budget Amidst Coalition Disputes

The Israeli Knesset is debating the 2025 budget, prioritizing national security funding despite internal coalition disputes, particularly regarding police funding and tax policies, while delaying approval of the 2024 budget update.

Progress

56% Bias Score

Reduced Inequality
jpost.com
🌐 75% Global Worthiness
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Israeli Economy Defies Expectations Amidst Security Uncertainty

Despite weak growth forecasts and credit rating downgrades, the Tel Aviv Stock Exchange index is up 24% this year, the shekel strengthened 8% against other currencies since the war began, and demand for Israeli debt remains strong, showcasing resilience in the face of conflict.

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 13 to 20 of 20 results