Cash and Cash Equivalents

12 Months Ended

Dec. 31, 2023

Cash and cash equivalents [abstract]

Cash and Cash Equivalents

Note 5 – Cash and Cash Equivalents

	As at December 31,
	2023		2022
	$ Thousands
Cash and cash equivalents in banks		537,478		361,580
Time deposits		159,360		173,591
		696,838		535,171

The Group held cash and cash equivalents which are of investment grade based on Standard and Poor’s Ratings.