Ifi Reporter

Ifi Reporter
Member since May 5, 2016
The High court of Justice will reconsider the ruling that an unfaithfull woman losses half her house
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The High court of Justice will reconsider the ruling that an unfaithfull woman losses half her house

by Ifi Reporter

Category: Law

The High Court of Justice will hold another hearing in last year's ruling, which ruled that a woman who betrayed her husband and had relations with another man during the marriage was not entitled to half the value of the house in which she lives. Exceptionally, Hayut accepted the petition filed by the woman and the Rackman Center for the Advancement of the Status of Women at Bar-Ilan University. Later, five other women's organizations petitioned the petition. Begatz ruled that the additional hearing would be decided by April 2020. Attorney General Avichai Mendelblit and the Rabbinical...

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Jun 18, 2019

French-Israeli  businessman Patrick Derhey buys Sotheby's for $ 3.7 billion
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French-Israeli businessman Patrick Derhey buys Sotheby's for $ 3.7 billion

by Ifi Reporter

Category: Financial

French-Israeli businessman Patrick Derhey buys Sotheby's, the largest auction house in the art world, for $ 3.7 billion. Sotheby's announced that BidFair USA, owned by communications and telecom entrepreneur Patrick Drahi, will pay $ 57 per share in cash, and Sotheby's will become a private company. This is a 61% upside on the share's closing price last Friday on Wall Street - $ 35.39 per share, reflecting a market value of $ 26 billion before the deal

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Jun 17, 2019

 Intel's new start-up program will accelerate Israeli startups in it's early stages
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Intel's new start-up program will accelerate Israeli startups in it's early stages

by Ifi Reporter

Category: Hitech

The new start-up program will act "to accelerate Israeli startups in the early stages, and will begin operating in Israel and then expand to other countries." According to Intel's announcement, the program is designed for "Israeli start-ups that focus on the most influential developments in today's industry, including artificial intelligence (AI), autonomous systems and data-focused technologies and other business models. Start-up companies in the pre-seed stage to Sid in a 20-week program where they will receive practical mentoring from Intel experts and industry in a variety of product,...

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Jun 17, 2019

A construction worker was killed on Sunday in Kiryat Motzkin -  the 24th casualty  since Jan 1st
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A construction worker was killed on Sunday in Kiryat Motzkin - the 24th casualty since Jan 1st

by Ifi Reporter

Category: Government

A construction worker was killed on Sunday afternoon in an accident at a construction site in Kiryat Motzkin - the 24th casualty in the industry since the beginning of the year. In the MDA 101 area in the Carmel region, on a worker who was hit by a truck crane that overturned near a construction site in Kiryat Motzkin, MDA paramedics and paramedics arrived at the hospital and evacuated a man of about 30 years of age to a serious condition. The worker died at the hospital

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Jun 16, 2019

CBS downgrades estimates of Gross domestic product: increased by 4.8% in the first Q
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CBS downgrades estimates of Gross domestic product: increased by 4.8% in the first Q

by Ifi Reporter

Category: Banking

Gross domestic product increased by 4.8% in the first quarter of 2019 compared to the fourth quarter of 2018, according to the second estimate published by the Central Bureau of Statistics on Sunday. This increase is more moderate than the previous estimate for the first quarter published last month, which reported an increase of 5.2%. Although the Central Bureau of Statistics has revised its growth rate in the first quarter downwards, this is still an impressive figure, reflecting an increase in the economy's growth rate, by 3.8% in the fourth quarter and 3.8% in the third quarter of 2018

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Jun 16, 2019

Prices of apartments and the CPI rose by 1% in March-April 2019
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Prices of apartments and the CPI rose by 1% in March-April 2019

rices of apartments rose by 0.5% in March-April 2019, compared with February-March 2019, according to the Central Bureau of Statistics (CBS) housing price index published by the Central Bureau of Statistics (CBS). Compared to the same period last year (March-April 2018) At the same time, the Central Bureau of Statistics published the Consumer Price Index (CPI), which recorded a sharp increase of 0.7% in May, 2019. In the last twelve months (from May 2018 to May 2019), the CPI rose by 1.5%, and since the beginning of the year (From January 2019) by 1.5%. February 2019 price index rose by...

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Jun 14, 2019

UBS analyst: The sharp decline in Teva's shares is unjustified
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UBS analyst: The sharp decline in Teva's shares is unjustified

by Ifi Reporter

Category: Health

Teva shares fell more than 4% below $ 8.7 per share in the New York Stock Exchange, and a 20-year low. In a report, Cleveland District Court Judge Ted Blackman declined to accept the agreement Teva signed with Oklahoma to settle the painkillers. Teva has agreed to pay $ 85 million to settle the case without admitting guilt. However, the District Judge refused to approve the arrangement at this stage, and demanded further information from the State of Oklahoma on the distribution of funds to be paid by Teva to ensure that the arrangement does not violate the laws of the state. Blackman...

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Jun 13, 2019

The number of new apartments sold in February-April 2019 fell by 10%
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The number of new apartments sold in February-April 2019 fell by 10%

by Ifi Reporter

Category: Real Estate

The number of new apartments sold by contractors in February-April 2019 fell by 10 percent from November 2018 to January 2019. According to figures from the Central Bureau of Statistics A total of 5,620 new apartments were sold in the last three months. After seasonal adjustment (seasonally adjusted data are obtained after deducting the effect of seasonality and festival and trading day effects, from the original data), a decrease of 6.1% was recorded in this period compared to the previous three months

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Jun 13, 2019

Elta will present in Paris the next generation of multi-mission radar used by Iron Dome
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Elta will present in Paris the next generation of multi-mission radar used by Iron Dome

by Ifi Reporter

Category: Hitech

Elta Systems, the subsidiary of Israel Aerospace Industries (IAI), has launched the next generation of multi-mission ELM-2084 radar, MS-MMR, based on the MMR radar used by Iron Dome, And IAI's "Barak" air defense system.The new radar provides air defense to countries around the world. The new multi-sensor version incorporates additional sensors in the MMR system, creating an aerial image system (ASP), and improved support for air defense systems based on active and passive sensors. The system will be launched at the Paris Air Show this month. The development of air threats and the change...

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Jun 13, 2019

 Beer manufacturer AB InBev is setting up a cyber division in Israel
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Beer manufacturer AB InBev is setting up a cyber division in Israel

by Ifi Reporter

Category: Hitech

The world's largest beer manufacturer, AB InBev, is setting up a cyber division in Israel that will meet global information security needs in all the regions in which it operates. The company has begun recruiting senior cyber personnel to be employed at a technology center it operates in its offices, which are spread over an area of ​​1,200 square meters at the Sonol Tower in Tel Aviv. In the first stage, about 30 employees will be recruited. By the end of next year, about 100 cyber workers will be recruited. AB InBev began operating in Israel after purchasing the Weissbeerger startup a...

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Jun 12, 2019

The Government will keep on subsidizing nursery schools operating in the afternoon
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The Government will keep on subsidizing nursery schools operating in the afternoon

by Ifi Reporter

Category: Financial

Prime Minister Benjamin Netanyahu and Finance Minister Moshe Kahlon announced that they agreed to continue subsidizing kindergartens operating in the afternoon at the end of the school day, in the coming school year. The proposal will be submitted for Cabinet approval. The two claimed that a financial source was found for the continuation of the subsidy, but did not provide explanations as to the effect of the subsidy on the expected cuts in government ministries, in light of the growing deficit. Attorney General Mandelblit confirmed on Sunday that the budgets of government ministries...

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Jun 12, 2019

Tnuva won: will operate the food-Tech incubator to be built in Kiryat Shmona
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Tnuva won: will operate the food-Tech incubator to be built in Kiryat Shmona

by Ifi Reporter

Category: Government

Tnuva won the tender to operate the foodd-Tech incubator to be built in Kiryat Shmona. The innovation authority announced on Tuesday. The venture capital fund JVP and Tnuva competed in the tender. Each of them established a consortium of companies, funds and research bodies in the field of food-tech. In addition to operating a start-up incubator in cooperation with the Innovation Authority, the terms of the tender include the establishment of a food innovation institute in Kiryat Shmona, which will be integrated into the regional eco-system. Tnuva, controlled by China's Brightfood, has...

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Jun 11, 2019

20% of new teachers are leaving the system in the first three years
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20% of new teachers are leaving the system in the first three years

by Ifi Reporter

Category: Government

The rate of new teachers leaving the system in the first three years is 20% - an increase of almost 2% within a year. The proportion of teachers who left in the first year is 12%, an increase of one percent within a year. The psychometric score of teachers who leave Jewish education is 10 points higher than that of those who remain. This emerges from data on mobility and departure of teachers published by the Central Bureau of Statistics. The dropout rates are higher among new teachers in high schools than in elementary schools. They are more than twice as high among non-specialized...

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Jun 11, 2019

A 43 year old construction worker fell to his death from the 6th floor in Haifa
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A 43 year old construction worker fell to his death from the 6th floor in Haifa

by Ifi Reporter

Category: Real Estate

Rami Ayoub, 43, who fell to his death on Monday while working on a building on Tchernichovsky Street in Haifa. He installed windows in a building on the sixth floor. He lived near the place where he had lost his life, and worked there for many years. Ayoub worked in the Estra office building in the heart of the neighborhood for years, and apparently lost his balance when installing a window on the sixth floor. "He works in the windows and aluminum business he bought from his father, and now he is mainly involved in installations, and he did all the aluminum work in the building," his...

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Jun 10, 2019

State of the Nation Report: The situation in Israel is relatively good
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State of the Nation Report: The situation in Israel is relatively good

by Ifi Reporter

Category: Politics

The Taub Institute's State of the Nation Report of 2019 shows that the situation in the State of Israel is certainly relatively good, but various data indicate that there is a fear of economic and social deterioration and that it is very difficult to break out of poverty. The report shows that the levels of poverty and inequality have declined in recent years and that social investment has increased, but that it is much more difficult to exit the cycle of poverty in Israel than in OECD countries. To get out of poverty, a couple with two children has to work about 70 hours a week (each),...

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Jun 8, 2019

Last March, the average wage of Israeli employees rose by 3 percent  to NIS 11,140
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Last March, the average wage of Israeli employees rose by 3 percent to NIS 11,140

by Ifi Reporter

Category: Hitech

Last March, the average wage of Israeli employees rose to NIS 11,140 gross at current prices, a rise of 3% compared to March 2018, according to data published on Thursday by the Central Bureau of Statistics (CBS). The data reflect the current wage, ie, that the workers receive into the bank account, a figure largely influenced by the effects of holidays and volatility, with March usually characterized by wage increases, against bonuses given in certain sectors. Thus, compared to February, this is a rise of 4.4%, when the average wage was NIS 10,668, and about 8.5% compared to January, when...

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Jun 6, 2019

Attorney General  Mendelblit rejected the request of Netanyahu's lawyers to postpone the hearing
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Attorney General Mendelblit rejected the request of Netanyahu's lawyers to postpone the hearing

by Ifi Reporter

Category: Law

Attorney General Avichai Mendelblit rejected the request of Prime Minister Benjamin Netanyahu's lawyers to postpone the hearing scheduled for the beginning of October, even though the elections will take place about two weeks before the hearing. On behalf of Mandelblit, it was stated: "After considering all the relevant interests, the attorney general found that there was no justification for granting the request." The legal system estimates that Netanyahu will petition the High Court of Justice. Three weeks ago, the prime minister's attorney requested that the hearing be postponed, and...

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Jun 6, 2019

The government deficit in May remained at 3.8 percent of the GDP:  NIS 51 billion
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The government deficit in May remained at 3.8 percent of the GDP: NIS 51 billion

by Ifi Reporter

Category: Government

The government deficit remained at 3.8 percent of GDP for the second month in a row, with the budget deficit at NIS 51 billion. According to the Budget Law, the deficit ceiling should be 2.9% of GDP, which is NIS 40 billion. According to the target, there is currently a deviation of NIS 12 billion beyond the ceiling set. The Finance Ministry's revised forecast relates to a deficit of 3.6 percent of GDP, so that the actual deficit is higher than the gloomy forecasts of Treasury officials themselves, but this is not all - the issue that should be of concern to Treasury officials is the...

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Jun 5, 2019

IAI will present in Paris: UAV intended for tactical missions on the battlefield
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IAI will present in Paris: UAV intended for tactical missions on the battlefield

by Ifi Reporter

Category: Hitech

Israel Aerospace Industries (IAI) is launching the new T-Heron, the new Tactical UAV, in the Paris Air Show, the T-Heron aircraft is intended for tactical missions on the battlefield and will serve mainly the ground forces, the Coast Guard and others. My mission is multi-functional, and combines the most advanced technologies from IAI. The T-Heron model joins the UAV family of UAVs and is based on the extensive know-how and experience accumulated in the field of UAVs, which has accumulated over 40 years of operation in IAI, more than 1,700,000 cumulative operational flight hours and more...

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Jun 4, 2019

 Matanyahu Engelman, P.M Netanyahu's choice 'was elected as the next State Comptroller
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Matanyahu Engelman, P.M Netanyahu's choice 'was elected as the next State Comptroller

by Ifi Reporter

Category: Government

The Knesset chose Matanyahu Engelman as the next State Comptroller. Engelman, the candidate of Prime Minister Benjamin Netanyahu, was elected by a majority of 67 Knesset members, compared with 48 who voted for the opposition candidate Giora Romm. Five MKs abstained. When the results of the vote were announced, Netanyahu called Engelman and congratulated him on his election to the post. "People were impressed by your integrity and professionalism," Netanyahu told Engelman. "You will do a great job and I am sure that it will work for the benefit of the state and for the benefit of the...

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Jun 3, 2019

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