JERUSALEM – Prime Minister Benjamin Netanyahu and his newly tapped candidate for finance minister, Likud MK Nir Barkat, on Sunday unveiled a wide-ranging financial plan that includes more hospitals and cheaper housing and food, set to be put into place if Likud wins next month’s elections.
Israeli authorities said on Wednesday that they had detected planned cyber attacks against 120 public and private targets in the Jewish state but did not specify the intended victims.
Israel’s finance ministry and central bank have set up a situation room to monitor developments following the U.K. vote to leave the European Union.
The Times of Israel reports: An Israeli company authorized to drill an oil reservoir near the Dead Sea, recently evaluated to contain NIS 1.2 billion worth of fuel, stressed Sunday that the area is located entirely inside Israel, which it said was a response to Arab media reports that the site stretched into Palestinian territory.
TEL AVIV – A spate of terror attacks on Tuesday did not slow down Israeli stocks, which hit a new high when the Tel Aviv Stock Exchange closed on Wednesday. Rising stocks outnumbered declining ones on the Exchange by 195 to
Swiss food giant Nestle has agreed to buy out minority shareholders in Israel’s largest listed foodmaker Osem for about $840 million, increasing foreign ownership of leading Israeli food producers. Nestle has invested in Osem for over 20 years and already
