A five-room detached house on a 423-square-meter plot at 20 Sapir Street in the Ramat Effal neighbourhood of Ramat Gan has been sold for NIS 8.4 million. The agreement was signed in February, two weeks before the start of the war with Iran. The Ramat Ifel neighbourhood began as a kibbutz west of the Sheba…
Mega Or (TASE: MGOR), the income-producing real estate company controlled by Zahi and Efrat Nahmias, reported today that it had purchased the former Alliance Tire Company factory site in Hadera for NIS 1 billion in cash. Following the announcement, the company’s share price rose sharply, closing 7.06% higher. The stock is expected to enter the…
The shekel-US dollar exchange rate has fallen below NIS 3/$ for the first time since October 1995, as the Israeli currency continues to strengthen. The shekel-US dollar exchange rate has fallen below NIS 3/$ for the first time since October 1995 as the Israeli currency continues to strengthen. The Bank of Israel set the shekel-dollar…
