Bank Leumi announced Thursday another step in its service revolution. In a precedent-setting step in the Israeli banking system, the bank’s customers – both private and business – will receive the personal phone number of the manager or manager of the branch where their account is managed, and can contact them directly via WhatsApp for […]
Continue ReadingThe Bank of Israel (BOI) remains committed to plans for a digital Shekel currency to improve Israel’s payments system and foster innovation, but is unlikely to launch one ahead of other advanced economies. “We’re all waiting for the first western central bank to pull the trigger, which is almost certainly going to be the […]
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Israel transferred 435 million shekels ($116 million) of withheld tax revenue to the Palestinian Authority, the first such transfer since April, the Israeli and Palestinian finance ministries said on Wednesday. Israel collects tax on goods that pass through Israel into the West Bank on behalf of the Palestinian Authority and transfers the revenue to Ramallah […]
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As campus demonstrations and protests in city streets across the world dominate headlines, the resurgence of the Boycott, Divestment and Sanctions (BDS) movement has amassed a significant following since the horrific October 7 attacks on Israeli civilians and the ongoing war against Hamas. Despite outwardly presenting itself as a grassroots movement to pressure Israel to […]
Continue ReadingWhat do you do if the Israeli Tax Authority (ITA) throws the book at you and accuses you of artificial tax evasion? One taxpayer threw the book right back and won in the Israeli District Court (Shalam Packaging(1998) Ltd vs Netanya Assessing Officer, Civil Appeal 38077-02-21 of April 25, 2024). Israel has a general […]
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Home » Debt » Financial Peace University vs. True Financial Freedom vs. Crown Financial MoneyLife I recently completed three of the top Christian financial education programs for churches: SeedTime’s True Financial Freedom, Dave Ramsey’s Financial Peace University, and Crown Financial’s MoneyLife. These popular programs all claim to help you get control of your finances from […]
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There will be significant changes in how Israel’s 2025 budget will be formulated compared with how they usually are, Finance Minister Bezalel Smotrich said Sunday. Talks on the budget will commence following Shavuot, he said. Presentations on the budget will be held during two focused days instead of over the course of months, as they […]
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Dani Naveh, president and CEO of Israel Bonds/Development Corporation for Israel, detailed the organization’s actions and advocacy on Israel’s behalf at the Jerusalem Post Conference in New York City on Monday.“When you buy a bond, you build a bond with Israel,” Naveh said. Israel Bonds has raised more than $52 billion in worldwide sales for […]
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Anat Katz, Head of the Government of Israel Economic Mission in New York, delivered an address during the Jerusalem Post 2024 Annual Conference. Her focus on the economy’s vital role in stability resonated amidst a lineup of esteemed speakers, offering a grounded perspective on Israel’s economic landscape. Katz emphasized the crucial link between a robust […]
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Hanan Friedman, President & CEO of Bank Leumi, speaking at the Jerusalem Post Annual Conference in New York, told attendees that now is the ideal time to invest in Israel – not only for Zionistic reasons, but because of the financial upside. He urged attendees to spread the word and continue to believe and invest […]
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