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IBI raising $200m digital infrastructure fund

IBI raising $200m digital infrastructure fund

by Amy B. Taylor | May 27, 2022 | Business News

IBI and Ziv Sapir’s Volcano fund recently finished raising a NIS 1 billion fund for lending to US real estate companies. One of the hot trends in income-producing real estate is server farms, built for computing and...
Warner Music launches in Israel

Warner Music launches in Israel

by Amy B. Taylor | May 26, 2022 | Business News

Warner Music Group (WMG) has announced the launch of Warner Music Israel, a new recorded music affiliate based in Tel Aviv. Warner Music Israel is headed by general manager Mariah Mochiach, who brings with her a wealth of...
Delek profit jumps as energy prices soar

Delek profit jumps as energy prices soar

by Amy B. Taylor | May 25, 2022 | Business News

The company reported a net profit of NIS 2.5 billion, a nine-fold increase over the corresponding quarter of last year. The strong rise in energy prices in the wake of the war in Ukraine has boosted the...

Orlando business owners along I-Drive North pushing for redevelopment

by Amy B. Taylor | May 25, 2022 | Business News

Orlando business owners along I-Drive North pushing for redevelopment Business owners are trying to redevelop I-Drive North and make it as nice as the south end by ICON Park. Orlando – Business owners are trying to redevelop International Drive (I-Drive)...
BoI hikes rate for second successive month

BoI hikes rate for second successive month

by Amy B. Taylor | May 24, 2022 | Business News

The Bank of Israel Monetary Committee, headed by Governor Prof. Amir Yaron, has decided on an interest rate rise of 0.4% from 0.35% to 0.7% – a more aggressive rise than it had previously indicated it would implement....
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