No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, October 24, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

NIS 800m Dead Sea tourism project underway

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 2 mins read
A A
NIS 800m Dead Sea tourism project underway
Share on FacebookShare on TwitterShare on LInkedIn



Bercleys Group is constructing a huge tourism complex beside the Mushroom Beach on the Dead Sea, to be called City Atlantic, at an investment of some NIS 800 million. The company has received a building permit, work has started, and construction is expected to be completed within about three years.

Bercleys bought the land in 2019. The complex will be spread over 110,000 square meters, and will contain a luxury hotel with 370 suites and private pools, 250 square-meter penthouses, a 20,000 square meter commercial center with restaurants and cafés, a conference center capable of accommodating 5,000 people, and an aquarium that is meant to be the seventh largest in the world.

In March, the company launched its Dome Expo Dead Sea events complex at Ein Bokek, in partnership with the Flying Carpet tour agency.

In the past, the company built the Dead Sea Mall, and sold it to Rani Zim for NIS 150 million (half the hoped for sum), and it currently has a partnership with Nakash Brothers for constructing two more hotels.

Bercleys is headed by real estate developer Moti Green, who over the years has more than once bought deserted sites that other developers shied away from. Green says that the current project is part of a wave of development of twenty hotels on the strip between Ein Bokek and Neve Zohar. “The decision to invest such a sum in the Dead Sea area is a reasoned and logical decision, as part of the extensive development in the area,” Green says. “This is a historic point in time in which there is a rare combination of forces of the state, which has invested billions of shekels in the region, together with leading hotel and real estate companies, which will turn the Dead Sea into the hottest region in Israel.”

Dead Sea Regional Council leader Nir Wenger said, “The Council encourages all the developers who believe in the Dead Sea region, and supports those who understand the huge potential of the Dead Sea on the national and international levels. This is the true significance of cooperation between a strong local authority, a government ministry, and a private developer, together bringing about the flourishing of a unique region, considered one of the wonders of the world, beloved by all Israelis, and in normal times, which we pray will soon come, by millions of overseas tourists as well.”

Published by Globes, Israel business news – en.globes.co.il – on May 8, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: 800MdeadNISprojectSEAtourismUnderway
ShareTweetShare
Previous Post

The Best Days to Fly Around July Fourth in 2025

Next Post

Libraries Are Still Useful!

Related Posts

edit post
Trump shutting down trade talks with Canada could give Beijing another advantage

Trump shutting down trade talks with Canada could give Beijing another advantage

by TheAdviserMagazine
October 24, 2025
0

President Trump has terminated trade talks with Canada over an anti-tariffs ad featuring Ronald Reagan. If Canada’s Prime Minister Mark...

edit post
Paytm and Vedanta emerge as top buys amid sectoral rotation and profit booking: CA Rudramurthy BV

Paytm and Vedanta emerge as top buys amid sectoral rotation and profit booking: CA Rudramurthy BV

by TheAdviserMagazine
October 24, 2025
0

After six consecutive sessions of solid gains, the Nifty paused for breath on Friday, slipping below the 26,000 mark. While...

edit post
Tomatoes Rs 600 per kg, capsicum Rs 300: Pakistanis are paying a heavy price after conflict with Afghanistan

Tomatoes Rs 600 per kg, capsicum Rs 300: Pakistanis are paying a heavy price after conflict with Afghanistan

by TheAdviserMagazine
October 24, 2025
0

Prices of essential goods have sharply increased in both Pakistan and Afghanistan after border closures disrupted cross-border trade between the...

edit post
Goldman aims for ‘PE returns’ with new ETF

Goldman aims for ‘PE returns’ with new ETF

by TheAdviserMagazine
October 23, 2025
0

Goldman Sachs Asset Management is teaming up with MSCI Inc. to launch an exchange-traded fund that aims to deliver returns...

edit post
Tesla’s weak earnings show how the ‘Musk Magic’ Premium is inflating its share price

Tesla’s weak earnings show how the ‘Musk Magic’ Premium is inflating its share price

by TheAdviserMagazine
October 23, 2025
0

Over the past year, on the day after Tesla unveils its latest quarterly report, this writer has calculated a metric...

edit post
Former BLS chief warns Powell is “flying blind” at a pivotal time for the Fed

Former BLS chief warns Powell is “flying blind” at a pivotal time for the Fed

by TheAdviserMagazine
October 23, 2025
0

The Federal Reserve faces an unprecedented challenge as it prepares to set interest rates next week—making its decision with almost no...

Next Post
edit post
Libraries Are Still Useful!

Libraries Are Still Useful!

edit post
Beyond Meat (BYND) Q1 2025 net loss narrows; revenue down 9%

Beyond Meat (BYND) Q1 2025 net loss narrows; revenue down 9%

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

Baby Boomers Are Flocking to This Florida Town — but Not for the Weather

October 9, 2025
edit post
Trump shutting down trade talks with Canada could give Beijing another advantage

Trump shutting down trade talks with Canada could give Beijing another advantage

0
edit post
As Altria (MO) gears up for its Q3 2025 earnings, a few points to note

As Altria (MO) gears up for its Q3 2025 earnings, a few points to note

0
edit post
2025 List Of All 177 Financial Sector Stocks From Big Sector ETFs

2025 List Of All 177 Financial Sector Stocks From Big Sector ETFs

0
edit post
The Myth of the “Robber Barons”: James Hill versus the Crony Competitors

The Myth of the “Robber Barons”: James Hill versus the Crony Competitors

0
edit post
Five airlines to resume Israel flights next week

Five airlines to resume Israel flights next week

0
edit post
If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain?

If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain?

0
edit post
The Myth of the “Robber Barons”: James Hill versus the Crony Competitors

The Myth of the “Robber Barons”: James Hill versus the Crony Competitors

October 24, 2025
edit post
If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain?

If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain?

October 24, 2025
edit post
Trump shutting down trade talks with Canada could give Beijing another advantage

Trump shutting down trade talks with Canada could give Beijing another advantage

October 24, 2025
edit post
Paytm and Vedanta emerge as top buys amid sectoral rotation and profit booking: CA Rudramurthy BV

Paytm and Vedanta emerge as top buys amid sectoral rotation and profit booking: CA Rudramurthy BV

October 24, 2025
edit post
Comprehensive Sodium-Ion Battery Market Analysis: Demand Forecast

Comprehensive Sodium-Ion Battery Market Analysis: Demand Forecast

October 24, 2025
edit post
Alnylam Pharmaceuticals – ALNY: Volkskrankheit Bluthochdruck im Visier!

Alnylam Pharmaceuticals – ALNY: Volkskrankheit Bluthochdruck im Visier!

October 24, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • The Myth of the “Robber Barons”: James Hill versus the Crony Competitors
  • If tokenized gold is just a “trust-me-bro” IOU, what’s really on-chain?
  • Trump shutting down trade talks with Canada could give Beijing another advantage
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.