Latest Israel News
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Shlomo Maoz Arabs pay higher interest rates
"If I live in Israel and I'm Bedouin or Arab, the interest rate I pay is higher. The closer I get to the White Men and Tel Aviv, the interest rate I pay ...
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Iran Hezbollah increasing support for Assad U.K.
Hezbollah were "propping up" Syrian President Bashar al-Assad and giving him increasing support. "It is very clear that Syrian regime is receiving a great deal of support, increasing support in recent months from ...
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CIA Chief Makes Surprise Trip to Israel
CIA Chief John Brennan has made an unannounced visit to Israel. According to an anonymous Israeli Defense Official, Brennan met with Israel's Defense Minister. This trip comes amid concerns about weapons transfers from Syria to Lebanese terror group Hezbollah. Israel has carried out air-strikes aimed at halting arms shipments to the group. This week, Prime Minister Benjamin Netanyahu ...
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Germany backs call to put Hezbollah armed wing on EU terror list
BRUSSELS (Reuters) - Germany will throw its weight behind a British drive to put the armed wing of Hezbollah on the European Union's list of terrorist organizations, German diplomats said on ...
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Britain formally launches bid to label Hezbollahs military wing a terrorist organization
BRUSSELS - Two officials say Britain has launched a bid to formally have the European Union declare the Lebanese party Hezbollah's military wing a terrorist organization. That move would slap sanctions such as travel bans and asset freezes on the group's members. The designation requires unanimity by the EU's 27 member nations. A British Foreign Office official, who spoke on ...
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Germany Backs Blacklisting of Hezbollahs Military Wing
German Foreign Minister Guido Westerwelle has expressed his support for blacklisting Hezbollah's military wing in the EU, officials have said. "In the light of discussions we have had with our partners following the terrorist attack in Burgas, Foreign Minister Guido Westerwelle supports listing at least the military wing of Hezbollah as a terrorist organization in the EU," German ...
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Germany backs blacklisting Hezbollah
German Foreign Minister Guido Westerwelle decided Wednesday to support listing Hezbollah's military wing as a terrorist organization in the European Union, according to German diplomatic sources."In the light of discussions we have had with our partners following the terrorist attack in Burgas, Foreign Minister Guido Westerwelle supports listing at least the military wing of Hezbollah ...
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Gas discoveries give Israel new regional clout
newfound natural gas reserves will boost its regional clout and could help it improve ties with neighboring states in need of new energy sources, Energy Minister Silvan Shalom said.Once totally dependent on fuel imports, Israel has made the largest gas discoveries in the world over the past decade off its Mediterranean coastline, and is expected to become an exporter by the end of the ...
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Azrieli buys Tel Avivs Yediot Ahronot building
AZRG ) for NIS 374 million. Azrieli will also cover the NIS 19 million purchase tax. The company plans to build a NIS 600 million office tower on the lot, adjacent to from the Azrieli Center. Beit Yediot Ahronot, which will be demolished, occupies an eight-dunam (two-acre) lot, which has building rights for an 85,000-square meter 60-floor office and residential tower. Azrieli Group chairman ...
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Fischer casting vote nixed 0.5 rate cut
Bank of Israel Prof. Stanley Fischer cast the deciding vote in the Monetary Committee's meeting last week, which decided on an extraordinary mid-month interest rate cut. Three committee members wanted a 25-basis point cut, and three members wanted a 50-basis point cut. Under the Bank of Israel Law, in case of a tie vote, the committee chairperson (the Bank of Israel Governor) has an ...
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Bezeq raises NIS 870m in debt
BEZQ ) today raised NIS 870 million in debt, by expanding two current bonds, just two days after announcing its intention to do so. The company planned to raise NIS 600 million, but increased the amount when the offering was over-subscribed two fold, at NIS 1.2 billion. Bezeq expanded its Series 6 Consumer Price Index (CPI) linked bond, which matures in 2018, by NIS 680 million. The bond bears ...
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Iran and Hezbollah propping up Syria UK Foreign Secretary William Hague
British Foreign Secretary William Hague waves during a press conference in Amman on May 22 (AFP) Iran and its Shiite Lebanese ally Hezbollah are "propping up" President Bashar al-Assad and giving him increasing support, British Foreign Secretary William Hague said on Wednesday.Speaking before a meeting of the Friends of Syria alliance in the Jordanian capital, Hague said Britain would ...
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Israels Azrieli to buy land from Yedioth for $101 mln
TEL AVIV | Wed May 22, 2013 8:33am EDT TEL AVIV May 22 (Reuters) - Real estate developer Azrieli Group agreed to pay 374 million shekels ($101 million) to purchase land from the Yedioth Ahronoth newspaper group that is adjacent to the Azrieli shopping centre and business complex in Tel Aviv. The lot, on an area of 8,400 square metres, is occupied by Yedioth Ahronoth House, which is ...
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PM Netanyahu Meets with German FM Westerwelle
PM Netanyahu Meets with German Foreign Minister Westerwelle (Communicated by the Prime Minister's Media Adviser) Prime Minister Benjamin Netanyahu, today (Friday, 17 May 2013), in Jerusalem, met with German Foreign Minister Dr. Guido Westrwelle. Prime Minister Netanyahu said at the start of the meeting: "It is always a pleasure to host you here in Jerusalem. You are a friend of ...
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National Insurance Leads in Public Complaints
The state ombudsman has released a report on complaints received by the government in 2012. A record 15,123 complaints were filed over the course of the year, two percent more than in 2011. The Bituach Leumi (National Insurance Institute) was in the lead, with 1,393 complaints filed against it over the course of the year. However, only a small percent of those complaints were found to have been ...
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Electric Company PA Residents Not Forced to Pay
MK Orit Struk challenged Electric Corporation Director Yiftach Ron-Tal during a meeting of the Knesset’s Economics Committee on Wednesday. Struk asked Ron-Tal why the Electric Corporation does not cut off Palestinian Authority households that do not pay for electricity as it does for Israelis. Many PA residents do not pay their electric bills. The Electric Corporation is owed a total of ...
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Seven Abducted Security Personnel in Sinai Released
The seven Egyptian security personnel who were abducted by suspected Islamic fundamentalists in Sinai have been released and are on their way to Cairo, an Egyptian army spokesman confirmed on Wednesday. "The seven kidnapped Egyptian soldiers are on their way to Cairo after their release thanks to the efforts of the Egyptian military intelligence in coordination with the elders of the ...
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NJ Designated Palestinian Day Hoists Flag Over City Hall
The mayor of Paterson, New Jersey, had designated Sunday, May 19 as "Palestinian-American Day" in the city, as he hoisted a Palestinian flag hoisted over City Hall. The occasion might mark first time that the Palestinian flag has flown above any American city ...
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Ladbrokes moves UK jobs to Israel following Playtech deal
UK gambling giant Ladbrokes plc (LSE: LAD) is laying off as many as 100 employees involved in digital operations in Britain. "A number of key tasks" will be transferred to its newly opened Tel Aviv offices, the company said. Ladbrokes Israel office began operating on May 1 following a partnership agreement with gambling software ...
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Maariv to close printing house
The workforce at "Ma'ariv's" printing house has fallen to 60 employees from the 110 employees it had when Ben-Tzvi took over the newspaper seven months ...
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Ultra-orthodox Jewish wedding in Israel - in pictures
Tens of thousands of Ultra-Orthodox Jews of the Belz Hasidic dynasty gather at the wedding ceremony of Rabbi Shalom Rokach in Kiryat Belz, in Jerusalem. Around 25,000 ultra-orthodox Jews took part, making it one of the biggest weddings of the past few ...
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Police fired into room where Alon held hostage
Police fired into the bathroom where Beersheba gunman Itamar Alon was holed up with a hostage on Monday, a decision that was unjustified, Southern District Police Commander Yoram Halevy said Wednesday.During a special meeting of the Knesset's Interior and Environmental protection committee held to examine the circumstances of ...
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Police to probe officers conduct in Beduin murder
The National Police headquarters opened an investigation against Negev sub-district police on Wednesday, after it emerged that officers from the Arad police station had received a complaint from the mother of two young Beduin girls 24 hours before they were found murdered in the village of Al Fura.Police said the woman told officers that she feared that the girls' father - from whom she is ...
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Ex-Security Chief Don’t Rush to Take Our Guns
domestic murders committed by off-duty security guards. The murder of four people in a Be’er Sheva bank this week spurred further calls for increased gun control. That would be a mistake, says former chief of IDF Internal Security Gershon Eckstein. "I don’t recommend getting worked up and coming up with all kinds of proposals to reduce gun ownership and collect weapons in the ...
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Prizes to Samaria Golan Wineries at International Event
Israeli wineries in the Golan region and in Samaria (Shomron) are among the winners of the 2013 DECANTER competition for wines. A record 14,362 wines from 52 countries were entered in the event. Two Israeli wineries won coveted Regional Trophies. The Adir Winery in the Galilee and the Yarden Golan Heights Winery in the Golan both took a Regional prize. Another winery that did well for itself ...
Israel Focus
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Biggest construction project in Israeli history
The Port of Ashdod is the gateway to the economy of Israel, it has played a central role in the development of the state and will play a central role in future development, hence the reason for an ambitious $500 million expansion project currently underway in two stages (in the picture, green represents stage 1 and brown stage 2).
The Port of Ashdod is currently undergoing the largest construction project ever undertaken in the history of Israel. In 1999, Israel news media reported that the government wanted to double the cargo capacity of Ashdod, an ambitious construction project was therefore envisioned, involving the building of new piers, new docks, warehouses and cargo handling equipment. It was to take place in two stages, with the total project costing around $500 million. Read more
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