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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

40% of all companies traded on the Tel Aviv Stock Exchange have distributed dividends
623 Views Details

by Ifi Reporter

Category: Financial

Over the past few years, about 40% of all companies traded on the Tel Aviv Stock Exchange have distributed dividends to their shareholders, according to a survey conducted by analyst Yuval Tzuk of the TASE Research Department for 2014 to 2019. Of all companies that distributed a dividend, more than 80% (164 companies) Dividend classes regularly. Dividend distribution is a positive signal for investors about the company's profitability and transmits expectations about the future, while strengthening its position and image among investors. A situation where a dividend-dividing company does...

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Jan 15, 2020

Melanox will join the Israeli cyber IC3 led by the aerospace industry and develop cyber products
527 Views Details

by Ifi Reporter

Category: Hitech

Melanox will connect to the Israeli cyber IC3 led by the aerospace industry and market its products within the framework. In addition, Melanox and Custudio Technologies (Custudio Technologies), the Singaporean subsidiary of the cyber industry, will collaborate in developing an advanced and unique cyber investigation product based on Melanox BlueField-2's smart card network and CyVestiGO cyber event investigation system. The integrated solution will enable extensive and comprehensive log collection in advanced server environments and their rapid analysis, enabling rapid detection of advanced...

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Jan 16, 2020

Drug basket committee's decision: 141 drugs and technologies added for a budget of NIS 500 million
613 Views Details

by Ifi Reporter

Category: Health

Hundreds of thousands of citizens accepted the drug basket committee's decision, and while for some it was joyous news - many others were disappointed. The 750 medical labels in which dozens of treatments, technologies and medicines were rejected by the committee with a heavy heart compared to the introduction of 141 labels. The choice was taken into account in the limited budget - NIS 500 million - through which they had to choose from the best treatments for as many citizens as possible. This is similar in scope to previous years - but less than they wanted in the basket committee and...

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Jan 17, 2020

Tax authority: in case of a single dwelling purchase tax is free for an apartment of NIS 1,744,505
658 Views Details

by Ifi Reporter

Category: Real Estate

The tax authority is reporting an increase in the level of the purchase tax, according to the rate of increase in the index. In this case, in the case of a single dwelling, the minimum purchase tax threshold increased from NIS 1,696,750 to NIS 1,744,505, while in the case of another dwelling, if in 2019 an 8% tax on the value of up to NIS 5,194,225 was paid from the price of the apartment, then Tax is payable at this rate on the par value up to NIS 5,340,425. In light of the changes, unit-dwellers from January 16 this year will be charged with purchase tax according to the following steps:...

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Jan 19, 2020

4 israelis died in Road accidents in the last 24 hours wile haeavy rain returned to Israel
652 Views Details

by Ifi Reporter

Category: Health

A winter week began tonight and Tuesday there is even a chance of snow in the mountains of the center and the northern Golan Heights - but the residents of Jerusalem will probably not be tempted by whites. The current rain system has so far mainly affected the south, and in Ashkelon they have dropped 26 mm by Saturday evening. The rains will spread and fall from the north to the northern Negev, accompanied by thunderstorms. Expected to be open tomorrow, tens of millimeters of rain have rained in the Central and Tel Aviv areas so far, no real damage has been reported, but they are expected...

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Jan 19, 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

"In the 3rd Q negative balance in bank acounts decreased by NIS 700 million to NIS 11 billion"
749 Views Details

by Ifi Reporter

Category: Banking

Data published by the Bank of Israel in the third quarter of the year negative balance (overdraft) decreased by NIS 700 million to NIS 11 billion - a decrease of 6%. The decrease in the share of overdraft from the total consumer credit. As of the end of September, bank overdrafts Only 5.5% of consumer credit was up, compared to over 7% at the end of October 2016, when the downward trend began. The Bank of Israel raises several options that can explain this trend. The report said, "There is an increase in credit options for households, so that the ability of consumers to borrow neatly - and...

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Jan 20, 2020

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