Search For "shekels"
Israel: New plan to add 40,000 rental apartments by 2030
Updated : 8 months, 1 week ago IST
Israel's Ministry of Construction and Housing is promoting a new government plan to regulate the rental market in Israel with, for the first time, a large-scale strategic plan in the industry that currently serves about a third of the public in Israel -- about 2 million renters -- with an es
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Terror money laundering operation broken up
Updated : 8 months, 1 week ago IST
The Israel Police exposed a money exchange network that it said operated to launder and transfer money to terrorist elements. Approximately eight million Shekels ($2.39 million) in cash, checks, securities were seized and four suspects were arrested.
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Jerusalem Resident Indicted for Spying for Iran
Updated : 9 months, 1 week ago IST
The State Attorney's Office filed an indictment with the Jerusalem District Court against Rajab Salah, a 30-year-old resident of Jerusalem, for having contact with an individual who presented himself as acting on behalf of the Iranian security service, and for performing various tasks for hi
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Six indicted after terror finance gang foiled by police, security services
Updated : 11 months, 1 week ago IST
A crime gang, who laundered millions of shekels funneled by Hamas terrorists in Turkey to others in Israel, has been indicted by Israeli police and security services.
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Five arrested for allegedly embezzling tens of millions in government fund
Updated : 11 months, 1 week ago IST
Following an investigation by Northern District police and Israel's National Insurance Institute, five suspects were arrested this morning for running a network that fraudulently spent public assistance funds intended for victims of the wars in Gaza and Lebanon. According to the Israel Polic
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Three suspects arrested for assaulting and extorting gay men
Updated : 11 months, 2 weeks ago IST
Three suspects were arrested on suspicion of robbing and extorting men based on their sexual orientation. The police investigation shows that the suspects acted with "severe violence "in several cases and extorted thousands of shekels from the victims.
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Israel's rate of wasting food sharply increased during war
Updated : 11 months, 2 weeks ago IST
During 2023, 2.6 million tons of food were lost, worth 24.3 billion Shekels (USD 6.52 billion). This is an effective increase of 3 per cent compared to the previous year, with food loss currently accounting for 1.3 per cent of the national GDP and reaching 38 per cent of all food produced in
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Israel: New national carrier for wastewater
Updated : 11 months, 3 weeks ago IST
Israel's national carrier for wastewater is launching with an investment of 3.5 billion Shekels (USD 950 million).
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Israel raises monthly minimum wage
Updated : 11 months, 3 weeks ago IST
Israel's Minister of Labour signed the minimum wage increase from 5,880 Shekels (USD 1,600) monthly to 6,247 Shekels (USD 1,700). The updated minimum wage will enter into force on April 1, 2025.
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Israel: Billions allocated to improve economy in Druze sector
Updated : 1 year ago IST
The government of Israel Sunday approved the plan for empowerment and socio-economic development for the years 2025-2029 in the Druze communities in the Golan Heights and in the Druze and Circassian communities in the Galilee and the Carmel. A budget of 3.9 billion Shekels (USD 1.07 billion)
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Ministry invests UD 55.6 million in development of Jerusalem projects
Updated : 1 year ago IST
The above amount is included in the five-year plan for the years 2024-2028 for reducing social and economic gaps and economic development in East Jerusalem, totaling approximately 3.2 billion Shekels ($889 million), which the Ministry of Jerusalem and Jewish Tradition is entrusted with imple
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Israel: Thousands of immigrants needed emotional support since start of wa
Updated : 1 year ago IST
Over two and a half million Shekels (USD 700,000) have been awarded to those in need and victims of hostilities.
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