Line will run from the eastern part of the Tel Aviv metropolitan area via Ramat Gan and Givatayim to the city center

European Investment Bank allocates €150 million for water facility plus €500m in Bank Leumi credit to encourage green business projects, and assesses €250m for Tel Aviv light rail

Net interest income jumps 36% to NIS 3.9 billion in the first quarter of 2023 from last year's Q1; bank announces dividend, share buyback

Leumi estimates that it will need to write down the value of its 14.2% stake in Valley National Bancorp by NIS 1b, as shares in the US bank have lost 33% of their value this year

Net profit in 2022 rose 27% to a record NIS 7.7 billion; net interest income jumped 28% to NIS 13.2 billion versus the previous year

Reuters: Israel’s largest lender posted a jump in net profit to NIS 1.34 billion ($413 million) in the first quarter as economy rebounds post-corona

'People have gotten used to the fact that this is how it is here, and believe that in the end things will work out,' says capital markets strategist at Bank Leumi

'Historic' memorandums of understanding seen as paving the way for business parties in both nations to tighten economic ties

Reuters: The decline in net profit was lower-than-expected, as the surge in loan-loss provisions due to COVID-19 was offset by higher net interest income and lower expenses

Leumi symbolically sends each bank a money transfer of $180, or '10 times life' in Jewish tradition, to mark historic day of Israel and UAE cementing diplomatic relations