Tag: Finances
IDF: Hezbollah bunker under Beirut hospital holds $500 million
One of the late Hamas chief Hassan Nasrallah's bunkers, built under Sahel General Hospital in the southern suburbs of Beirut, holds, according to estimates, at least half a billion dollars in US currency and...
NY Times story on Orthodox school finances ‘misleading,’ says school official
The superintendent of the Kiryas Joel Village Union Free School District in New York is responding to allegations in a New York Times report on Monday that it misused funds the town allotted for the public-school system...
US Treasury targets Hamas investment portfolio with sanctions
Days after sanctioning a Lebanese businessman and his network for funding the Hamas terror organization that rules the Gaza Strip, the U.S. Treasury Department announced similar measures on Tuesday, targeting several Jordanian nationals.
The Treasury’s Office of Foreign Assets...
Israel unveils new measures to combat rising cost of living
The Israeli government on Wednesday unveiled a raft of measures aimed at tackling the surging cost of living in the country.
The new plan includes provisions to boost compensation for businesses and independent employees adversely...
Report: Palestinian banks not cooperating with Qatari deal to transfer funds to Gaza
Palestinian banks and monetary bodies are resisting a new deal reached between Qatar and the Palestinian Authority to transfer Qatari assistance to the Gaza Strip for fear of being exposed to legal action over terror-financing charges, Ynet reported...
US sees mixed results on thwarting assets going to terror groups, sponsors
A new report from the State Department has found that U.S. authorities have had mixed results in blocking assets going to terrorist entities and state sponsors of terrorism.
According to the Terrorist Assets Report, which is...
Indonesia could get billions in additional US financing if it normalizes ties with Israel
Indonesia could get billions in additional U.S. financing if it normalizes ties with Israel, according to a U.S. official.
Adam Boehler, CEO of the U.S. International Development Finance Corporation (DFC), told Bloomberg on Monday that the government agency,...
Moody’s reaffirms Israel’s A1 credit rating
A recent report by global credit-rating agency Moody’s lauded the Israeli government’s fiscal policy but criticized its inability to pass a state budget.
The 31-page report, issued on Friday, said that while the agency expects...
Israel’s Bank Hapoalim forms working agreement with Emirates NBD
Israel’s Bank Hapoalim announced on Monday that it had signed an agreement with Emirates NBD, the largest bank in Dubai.
Bank Hapoalim said in a statement that its CEO, Dov Kotler, led a delegation to the United...
Israel, UAE sign protocol of understandings on banking, finance
Israel and the United Arab Emirates on Tuesday signed the first protocol in banking and finance between the two countries.
Ronen Peretz, acting director of the Israeli Prime Minister’s Office, and UAE Central Bank Governor...