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Steven Scheer

RPT-Israel likely to allow medical cannabis exports by year-end - senior MP

11 Dec 2018

JERUSALEM, Dec 6 Israel will likely allow exports of medical cannabis by the end of the year, a top lawmaker said on Thursday, a move that would boost state coffers and slow the growing number of firms establishing farms abroad.

RPT-Israel likely to allow medical cannabis exports by year-end - senior MP

11 Dec 2018

JERUSALEM, Dec 6 Israel will likely allow exports of medical cannabis by the end of the year, a top lawmaker said on Thursday, a move that would boost state coffers and slow the growing number of firms establishing farms abroad.

Israel likely to allow medical cannabis exports by year-end: senior MP

06 Dec 2018

JERUSALEM Israel will likely allow exports of medical cannabis by the end of the year, a top lawmaker said on Thursday, a move that would boost state coffers and slow the growing number of firms establishing farms abroad.

Israeli medical cannabis firm InterCure plans Nasdaq listing

06 Dec 2018

JERUSALEM Israel's InterCure , which recently entered the medical cannabis market, plans to list on Nasdaq by mid-2019, its controlling shareholder, Alex Rabinovitch, said on Thursday.

Israeli markets show uncertainty over next rate hike

27 Nov 2018

JERUSALEM, Nov 27 Israeli markets were mixed on Tuesday after a surprise interest rate hike, with financial stocks gaining sharply while debt markets showed uncertainty over the future course of monetary tightening.

Bank of Israel raises rates in surprise first hike since 2011

26 Nov 2018

JERUSALEM The Bank of Israel, in a surprise move, raised short-term interest rates for the first time in more than seven years on Monday, and indicated that its monetary tightening path will be slow and steady.

UPDATE 1-Bezeq Israel Telecom Q3 profit falls, moving ahead with restructuring

20 Nov 2018

JERUSALEM, Nov 20 Bezeq Israel Telecom missed forecasts with a 27 percent fall in third quarter profit hurt by declines in net profit at its mobile phone and Internet services units and said it would move ahead with a restructuring plan.

Concerns grow over Israel's loosening budget ahead of election year

14 Nov 2018

JERUSALEM As Israel approaches an election year, the central bank and analysts have become increasingly worried that the budget deficit is too high and gives the government no room to deal with a potential economic slowdown.

Israel rate hikes likely to start soon: outgoing cenbank chief

14 Nov 2018

JERUSALEM Israel's outgoing central bank chief said on Tuesday a short-term interest rate increase is not far off but pulling the trigger too quickly could delay a return of inflation to its target.

Israel's Intec Pharma eyes revenue from Parkinson's drug in 2019

07 Nov 2018

TEL AVIV Israel's Intec Pharma, which is conducting a late stage trial for its long-lasting pill to treat Parkinson's disease, expects to start earning money from the program sometime in 2019.

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