Government

poverty in Israel is rising: 1.67 million people are poor at the end of 2019 - 20.4%
602 Views Details

by Ifi Reporter

Category: Government

The National Poverty Report published by the National Insurance Institute shows data on an increase in the poverty rate in Israel in 2018 - among the general population as well as among children and families. The couple employed - rose. For the first time after years in which inequality in Israel was reduced, in 2018 it began to expand. Internationally, the poverty rate among children in Israel remains higher in the OECD - more than in Chile and Mexico - when only in Turkey is the poverty rate among children higher.

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Dec 31, 2019

 "East-Med" pipeline agreement signed: allows natural gas exported from Israel and Cyprus to Europe
596 Views Details

by Ifi Reporter

Category: Government

Prime Minister Benjamin Netanyahu took part in a summit in Athens on Thursday with the Greek Prime Minister and Cyprus President, which aims to advance an agreement on laying the gas pipeline between the countries. Netanyahu said at the ceremony that it was "a historic day for Israel because Israel is rapidly becoming an energetic power." During the trilateral summit between Netanyahu, Cyprus President Nikos Anastasiadis, and Greek Prime Minister Kiryakos Mitsotakis - the seventh summit to be held - an "East-Med" gas pipeline agreement was signed to allow natural gas to be exported from...

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Jan 2, 2020

Iran revenge: launched missiles at a base in Iraq and Asian markets are trading at falling prices
486 Views Details

by Ifi Reporter

Category: Government

Iran launched missiles tonight between Tuesday and Wednesday toward two bases in Iraq, including a base U.S. forces serve there.Iran took responsibility for the act, claiming that the attack was a revenge for the assassination of Quds Force commander Kassem Suleimani, who was liquidated five days ago at Baghdad airport. The missiles were fired from Iran's territory. US clerck: "There are very few casualties and American soldiers may not have been killed." Iranian media reported that about 35 missiles were fired at the bases in two rounds of attack. U.S. Secretary of State confirmed "more...

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Jan 7, 2020

The highest payed in government companies in 2018 was Rafael's CEO, Yoav Har Even: NIS 113,127
1081 Views Details

by Ifi Reporter

Category: Government

The highest payed in government companies in 2018 was Rafael's CEO, Yoav Har Even, with gross salary of NIS 113,127 a month, followed by CEO of Electric Company Ofer Bloch with gross monthly salary of NIS 97,365. This is according to the annual report released this morning by the CEO of the government corporation, Yankee Quint, which includes 49 government companies. Other notable highlights: CFO of the aerospace industry earned NIS 94,380, chief labor officer at Haifa Port earned NIS 86,629, CEO of Aerospace Industries earned NIS 82,583 and a router at Ashdod port earned NIS 78,744 in...

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Jan 15, 2020

402 Views Details

by Ifi Reporter

Category: Government

Israeli and Egyptian energy ministers announced Wednesday the start of natural gas flow from Israel to Egypt. According to the Energy Ministry's announcement, this is an important development that will serve the economic interests of both parties. The Ministry of Energy added that this move would also allow Israel to export some of its natural gas to Europe through Egypt's LNG facilities, promoting Egypt's status as a regional gas hub. It is also a historic landmark for Israeli gas entrepreneurs, who began contacts with Egypt after the Australian Woodside company canceled its intention to...

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Jan 15, 2020

384 Views Details

by Ifi Reporter

Category: Government

Israeli and Egyptian energy ministers announced Wednesday the start of natural gas flow from Israel to Egypt. According to the Energy Ministry's announcement, this is an important development that will serve the economic interests of both parties. The Ministry of Energy added that this move would also allow Israel to export some of its natural gas to Europe through Egypt's LNG facilities, promoting Egypt's status as a regional gas hub. It is also a historic landmark for Israeli gas entrepreneurs, who began contacts with Egypt after the Australian Woodside company canceled its intention to...

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Jan 15, 2020

418 Views Details

by Ifi Reporter

Category: Government

Israeli and Egyptian energy ministers announced Wednesday the start of natural gas flow from Israel to Egypt. According to the Energy Ministry's announcement, this is an important development that will serve the economic interests of both parties. The Ministry of Energy added that this move would also allow Israel to export some of its natural gas to Europe through Egypt's LNG facilities, promoting Egypt's status as a regional gas hub. It is also a historic landmark for Israeli gas entrepreneurs, who began contacts with Egypt after the Australian Woodside company canceled its intention to...

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Jan 15, 2020

"Weather damage: NIS 130 million" -  Finance Committee calls to determine floods natural disasterr
441 Views Details

by Ifi Reporter

Category: Government

Following the weather, the Finance Committee has decided that it will work to determine compensation for natural damage under the law. This is in the wake of the damage done to business owners and private individuals in the intense wave of rains that hit Israel. The Capital Market Authority said about 4,500 applications were submitted to the insurance companies. The company's estimate indicates weather damage totaling NIS 130 million. The Deputy Commissioner of Fire said: We warned in advance that the systems would collapse. We need NIS 30 million, and the political situation paralyzes us...

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Jan 20, 2020

Kibbutz factories sales reached a peak of NIS 46.8 billion last year - 2019
602 Views Details

by Ifi Reporter

Category: Government

A new report from the Manufacturers Association indicates that the downward trend from which Israeli exports are also suffering in the coming quarter, with a further decline of about 2%. This is at the same time as the output of Israeli industrial companies' overseas production lines is projected to jump 17%, after falling in the last quarter of 2019. President of the Manufacturers Association, Shraga Brosh: "The Bank of Israel should concentrate on its goals of strengthening the economy and improving the competitiveness of exports and will not act to introduce uncertainty in the Israeli...

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Jan 26, 2020

"communications infrastructure development will close gaps between the periphery and center"
514 Views Details

by Ifi Reporter

Category: Government

"Accelerating communications infrastructure development will close the gaps between the periphery and the center. This requires telecommunications companies and municipalities to join hands and improve the situation," said Nati Cohen, director of the communications ministry, at a joint conference held by the firm on establishing communications infrastructure in the Bedouin communities in the south. Establishing the communications infrastructure in the Bedouin communities was a low national priority and these communities did not receive the level of infrastructure found in their localities...

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Feb 3, 2020

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