Articles by September, 2019

Israeli Fox  will open at a mall in Toronto a  Niketown store in an investment of  $ 12 million
1477 Views Details

by Ifi Reporter

Category: Financial

The huge Niketown store that Fox will set up at the Yorkdale Mall in Toronto will span two floors of approximately 3,000 square feet. At its establishment, a sum of about $ 12 million (about NIS 42 million) will be invested, with a substantial portion estimated to be funded by the mall. The store is slated to open in November 2020, with the store's lease agreement for 10 years and includes an option to extend it for another 5 years. It is estimated that sales at such a store are expected to exceed $ 20 million per year. Niketown is a concept of huge stores spread over several floors in...

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Sep 2, 2019

The weekly number of Flights from Israel to China and destinations there will be reduced
767 Views Details

Direct flights on the Tel Aviv-Shanghai line night be canceled but at the present time the number of destination to China will be reduced. The flights were made by Chinese airline Hainan Airlines, which announced that it was "suspending its flights to Shanghai this winter." At present it is about cancellation of the flights to the winter scheduled between 27.10.19 and 29.03.20. The Shanghai line launched in September 2017 was the second line the company launched between China and Israel, following the launch of the direct flight to Beijing a year earlier. The company also operates direct...

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Sep 3, 2019

Inbal Or organizer of the acquisition groups is indicted on VAT and tax fraud of millions of NIS
1138 Views Details

by Ifi Reporter

Category: Law

The indictment filed this morning by the Taxation and Economy Prosecutor's Office against the organizer of the acquisition groups Inbal Orr lists a number of tax, VAT, fraud and even fraud cases in which Orr is charged. In the first part of the indictment, the amount of transactions that Inbal Light and its companies did not issue invoices and did not report to the VAT and income tax: NIS 81.3 million was disclosed. In addition, the amount of transactions that Inbal Or as a dealer did not issue invoices for and did not report income tax and VAT: NIS 9 million . The following describes how...

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Sep 4, 2019

 State Comptroller approves Netanyahu to get a loan from a friend to cover legal expenses
710 Views Details

by Ifi Reporter

Category: Financial

Netanyahu insisted, and succeeded: After the permit committee repeatedly rejected his request for funding for his legal protection from his associates, Prime Minister Benjamin Netanyahu received the long-sought approval from the new State Comptroller, Netanyahu Engelman. Englishman approved Netanyahu to take out $ 300,000 loan from Spencer Partridge businessman, "on market terms." In effect, an Englishman bypassed the permit committee next to his office, which refused to allow Netanyahu to receive donations from Partridge and his cousin Nathan Milikowski. The State Comptroller's Office...

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Sep 4, 2019

Official Representatives of Israel abroad an diplomats began voting
595 Views Details

by Ifi Reporter

Category: Government

Representatives of Israel abroad begin voting - for the second time in 5 months: 13 days before Election Day in Israel, and there are those who are already throwing a ballot. Over 5,000 Israeli voters who are abroad due to their work will elect their representatives for the 22nd Knesset. The last time they took part in the democratic process was only last April, so the elections were held for the 21st Knesset. State employees and representatives of national institutions serving abroad may elect to represent the country in which they serve. Among the voters: civil servants (including...

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Sep 5, 2019

 Record In August : more than 2.8 million passengers passed through Ben Gurion Airport
635 Views Details

by Ifi Reporter

Category: Government

In August, more than 2.8 million passengers passed through Ben Gurion Airport, according to data released by the Israel Airports Authority. This figure makes August 2019 the busiest month ever recorded in Ben Gurion Airport. In September, approximately 2.3 million passengers will travel through Ben Gurion Airport on international flights, and a total of 9.98 million passengers are expected to travel in the field until after Tishrei holidays. In October alone - the month of holidays - 2.28 million passengers are expected to travel in the field. According to data published by the Israel...

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Sep 8, 2019

The government approved unanimously the law allowing to post cameras at polling stations
829 Views Details

The government will be asked today to approve the law on cameras at the polling station. According to the Likud proposal, the Knesset Election Law will add a clause that will allow any member of the ballot committee, observer, secretary or representative of the Central Election Commission to take pictures or record a ballot at the polls. The Likud intends to approve the law in the Knesset in expedited proceedings, even before the elections in 10 days. Justice Minister Ohana said eleven last night that the law would be approved even though Attorney General Mandelblit and the Central Election...

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Sep 8, 2019

Korean Samsung and Israeli Amdocs will initiate improvement of G5 services
644 Views Details

by Ifi Reporter

Category: Hitech

The Korean Samsung and Israeli Amdocs announced a number of joint initiatives to accelerate the transition of telecommunications service providers to open cloud networks that provide the freedom and flexibility needed to innovate and improve the provision of G5 services in the market, with greater speed, scope and coverage for both private and business customers . Amdocs and Samsung Networks (Samsung Networks) will collaborate in the integration process (onboarding) and integrate virtual network functions so that telecommunications service providers can take advantage of Samsung's G5...

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Sep 9, 2019

Facebook: PM Netanyahu's Facebook page violated the company's rules - therefore suspended
536 Views Details

by Ifi Reporter

Category: Hitech

Facebook announced that the conduct of Prime Minister Benjamin Netanyahu's Facebook page violated the company's rules and therefore suspended the page's chat bot activity for twenty-four hours. Facebook explains that all chat activity will stop for a day regardless of the content being distributed. That means all Likud campaign content will be blocked in Messenger, and not just texts that violate company rules. The company statement said that the texts posted on Netanyahu's Facebook page were "hate speech" and therefore violated the company's policy. According to the company announcement...

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Sep 11, 2019

iPhone 11 in all types will be sold in Israel -- September 26 for NIS 3,500 - 4700
2897 Views Details

Apple CEO Tim Cook introduced the new iPhones this week - iPhone 11. The question remains how much the device will cost in Israel. The prices of the new models are expected to be similar to those launched just a year ago. The price of the iPhone 11 will start at NIS 3,500, and the PRO model will start at NIS 4,700. The iPhone 11 features a 6.1-inch screen, it comes in six colors (purple, white, green, yellow, black and red), two cameras and an important promise over improved XR battery life. The new emphasis will also include a face recognition system. The price of this iPhone will start...

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Sep 11, 2019

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