As Africa Israel Investments is in talks about debt relief, a report this week that the property company donated 100 million shekels ($26.2 million) over the last six years even as Lev Leviev’s indebted property company was still recovering from a previous bailout has raised the ire of bondholders.
The Norwegian sovereign wealth fund, which manages assets worth $1.3 trillion in 70 countries and about 9,400 companies worldwide, may stop its investments in banks in Israel. Recently, the fund approached local banks with the aim of examining if and how they grant credit and loans to companies operating beyond the Green Line, based on…
DetailsContact with the Israeli communications satellite Amos 5 was lost on Saturday and customers are no longer receiving service, satellite operator Spacecom announced on Saturday. Spacecom is owned by the Eurocom Group.
Fifteen years ago, the giant United States maker of networking equipment Cisco was one of the symbols of the dot.com bubble. For several weeks in the year 2000, its shares were traded on Nsadaq at a market value of more than half a trillion dollars, making it the most valuable company in the world at…
DetailsA Chinese consortium has bought Playtika, an Israeli online games company, for $4.4 billion in cash, the consortium and US-based Caesars Interactive Entertainment said in a joint statement on Sunday.
A senior Chief Rabbinate official was arrested by Israel Police on Sunday on suspicion he committed sexual assault on a minor some 13 years ago, Israeli media reported. The official, a former boss of the victim’s father, was arrested following a report filed by the victim. It was reported that the victim chose to file…
DetailsJerusalem – Chief Commissioner of the Israel Police Roni Alsheikh sent a rare and strongly-worded letter on Sunday to Prime Minister Benjamin Netanyahu warning of the danger of provocative visits to the Temple Mount by politicians in advance of Passover.
At least one person was R”L killed, and at least two dozen injured when a lighting system crashed down at a wedding hall in Yavne, Israel on Monday night.
MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, has pledged to give her money to charity “until the safe is empty.” That’s good news for a number of radical left-wing organizations. The billionaire divorcée this week detailed $14 billion in donations she has given to more than 1,600 nonprofit groups since 2019. The giveaway…
DetailsIn what appears to be the third terror attack against Jews in about 24 hours, an Arab driver plowed down three people Saturday evening on the Kohanim Route in eastern Jerusalem.
