Economy

Prime Minister Benjamin Netanyahu and Finance Minister Israel Katz's plan expanded on the existing bailout plan until July 2021.

Government tasks Finance Ministry with exploring similar cut across the board in the public sector.

Israel is a world leader in the polishing of large diamonds. Dubai, a regional financial hub, also hosts an emerging diamond trade, which in 2019 exported diamonds worth upward of $23 billion.

On Monday, Israel's largest lender, Bank Hapoalim, signed a memorandum of understanding with Emirates NBD, Dubai’s largest bank.

Finance Ministry warns shuttering the economy again would have severe repercussions. Government to vote on lockdown Sunday, Finance Minister Israel Katz plans to oppose the move.  

Extended unemployment benefits "incentivize" Israelis to stay out of the workforce, Treasury Director-General Keren Turner-Eyal tells Knesset Finance Committee.

Finance Ministry says deficit could reach 11% by the end of 2020. Bank of Israel: Country's foreign currency reserves have reached a record $161.6 billion, shekel remains at its strongest for 12 years against the dollar.

Benatar is the general manager of the company's Fab28 plant in Israel. He joined Intel in 1993 as a diffusion student and later worked as an engineer when it built its first plant in the country, in Jerusalem.

Submarine cable to run from Israel to mainland Greece through Cyprus – a distance covering more than 1,000 miles.

Apple’s stock has climbed nearly 58% this year. In recent weeks, the rally has been bolstered by excitement over a four-for-one stock split that Apple announced late last month in an effort to make its shares more affordable to a wider swath of investors.