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Smotrich Threatens the Governor of the Bank of Israel: If He Doesn't Lower Interest Rates,...
SadaNews Economy Translation - Israeli Finance Minister Bezalel Smotrich said in a meeting with the Business Sector Leadership that the Governor of the Bank of Israel should have lowered interest rates a long time ago, and if he does not, I will lower taxes.
The Hebrew economic newspaper Calcalist...
Currency Exchange Rates Against the Shekel (September 5)
SadaNews Economy - The currency exchange rates against the shekel today, Friday (September 5), are as follows:
-Dollar: 3.34
-Dinar: 4.71
-Euro: 3.90
The Monetary Authority Completes Linking Government Institutions to the E-SADAD Platform
SadaNews Economy - The Governor of the Monetary Authority, Yahya Shanar, announced the completion of linking most government ministries and institutions to the E-SADAD platform, allowing citizens to pay the fees for the services provided by these government institutions electronically at any time wi...
Budget on the Brink of Collapse: Israel Faces Financial and Political Paralysis Before the...
SadaNews - As the countdown nears its end for the legal deadline to present the 2026 budget proposal, the Israeli government appears to be heading into the unknown. According to a report by the Hebrew economic newspaper "Calcalist," the Israeli government has not moved an inch towards prep...
Ministry of Labor announces the disbursement of a new financial aid package to assist work...
SadaNews - As part of the Ministry of Labor's ongoing efforts and in collaboration with partners to support workers in Gaza, the 18th financial aid package will be disbursed to assist Gaza workers in the northern governorates. The Ministry of Labor, the World Food Program, and the Humanitarian Fund...
Israeli Media: The Cost of Occupying Gaza is Between 20 - 25 Billion Shekels
SadaNews Economy - The Israeli Broadcasting Authority stated that the anticipated Israeli military operation to occupy the city of Gaza may cost between 20 and 25 billion shekels (5.9 – 7.3 billion dollars).
The authority added that the National Security Council and the Ministry of Finance discusse...
Sharp Increase in Industrial Production by 14.34% During July 2025
SadaNews - The index of industrial production quantities recorded a sharp increase of 14.34% during July 2025 compared to June 2025, as the index of industrial production quantities rose to 84.94 in July 2025 compared to 74.29 in June 2025 (base year 2019 = 100). &n...
Exchange Rates of Currencies Against the Shekel on Wednesday (September 3)
SadaNews - The exchange rates of currencies against the shekel today, Wednesday (September 3), are as follows:
Exchange Rates of Currencies Against the Shekel on Tuesday (September 2)
SadaNews - The exchange rates of currencies against the shekel today, Tuesday (September 2), are as follows:
OpenAI Plans to Build Huge Data Center in India as Part of Its Expansion in Asia
SadaNews - OpenAI is seeking to establish a new massive data center in India, a move that could signify a major advancement in the expansion of its artificial intelligence infrastructure under the "Stargate" project in Asia.
The developer of the "ChatGPT" application is currently in talks with loca...
Israeli Rearmament Under Test Due to Gaza Fallout and War Costs
SadaNews - The pressure from operations extending from Gaza to Iran has strained Israeli military equipment, yet its options for renewing its arsenal are limited. The growing criticisms of its campaign in Gaza and scrutiny from some of its partners are prompting a reduction in the supply of weapons...
Exchange Rates of Currencies Against the Shekel on Monday (September 1)
SadaNews - The exchange rates of currencies against the shekel today, Monday (September 1), are as follows: