Articles by November, 2018

IAI lost two giant deals totaling over $ 1.2 billion in two weeks to sell unmanned aircraft systems to Australia and Belgium. In both countries, IAI lost to General Atomix, which will sell the MQ-9, the Riper M-9, to its air force. IAI has tried to sell its flagship Heron TP to the two countries, the kind it undertook to supply to Germany in the huge deal signed last summer, worth about one billion euros. "The decisions made in Australia and Belgium are unpleasant, to put it mildly, for IAI. In addition to the large amount of money in these transactions, which is always necessary for IAI,...

The police announced that an evidentiary basis was found against Interior Minister Aryeh Deri for fraud and breach of trust while serving as a minister. In addition, evidence was found for the commission of tax offenses in significant amounts of millions of shekels, money laundering, disruption of court proceedings and the submission of a false affidavit to the State Comptroller and the Knesset Speaker regarding his assets and income

The 48 hours of a recent blue and white fashion shopping celebration on the Google ShoppingIL platform has been a great success for Israeli manufacturers A blue-and-white site that was built on Google's ShoppingIL platform, in which thousands of blue and white products were sold for special offers, resulted in a significant increase in the purchase of blue and white fashion products by Israeli buyers According to a survey conducted by the Ministry of Economy and Industry among the Israeli manufacturers who participated in the Blue and White compound, 64% of the surveyed manufacturers...

The senior academic staff at seven public academic colleges stopped his five-week strike. The strike was halted following agreements reached with the assistance of the president of the Jerusalem Regional Labor Court. The studies will be renewed at Sapir College, Hadassah, Holon Institute of Technology, Tel Aviv-Jaffa Academic College, Azrieli College of Engineering, Ruppin Academic Center and the Kinneret Academic College

Medtronic acquires the Israeli start-up Nutrimano, which analyzes information and creates nutrition analyzes. The Israeli start-up has raised $ 10 million to date. In a statement issued by Medtronic, the value of the agreement was not disclosed, but the market estimates that the deal is worth $ 100 million. VETRINO has developed tools for the collection, processing and analysis of nutrition data, suitable for both end users and organizations. The company collects information about users from a variety of sources, such as home computing and various medical sensors (such as glucose...

Elta Systems has unveiled a new upgraded version of the Drone Guard radar system to detect and disrupt UAVs and smal multirotor drones. The system has been sold in hundreds of units worldwide. The new and modular configuration includes an upgraded Comnet system that detects the skimmer according to its unique transmission frequency and protocol and is able to "take over" the communications to counteract threats. In addition, the radar, electro-optic system and jamming system have been updated and now offer improved capabilities

Black Friday sales worldwide will increase by 95 percent compared to last year. But the Israelis were definitely in the sales game and big. The Israeli retail chains, which feared the competition from abroad, launched significant Black Friday promotions and Israeli consumers reacted, creating a considerable burden on the credit system, causing a significant slowdown in the system for some time. On the infrastructure of the Central Payment System of the ISA, automatic banking services. This is a company that manages the infrastructure of the only payment system in the area of ​​debit cards...

The Jerusalem District Court acceded to the request of Co-Op Israel and issued a temporary stay of proceedings order until the hearing scheduled for Wednesday morning. The company asked the court for a temporary stay of proceedings due to liquidity problems. The company claims that Co-Op has a significant surplus of assets over liabilities and that it should implement an efficiency plan already in progress and halted following the cash flow. According to estimates, the chain's liabilities are estimated at NIS 100 million. At the same time, the Histadrut decided to declare a labor dispute...

The annual report published by the Ministry of Finance attests to a downward trend in the extent of wage deviations: if at the time of establishment of the unit in 1997, the rate of bodies with wage deviations was 62% of all reporting bodies, this year the rate dropped to 10.5%. The sector in which the highest level of irregularities is the supported bodies, which includes non-profit organizations and institutions of higher education, also saw a significant decrease in the extent of the phenomenon: only 17% of the subsidized bodies found wage deviations compared to 33% last year.

Jerusalem continues to deteriorate in the socio-economic index: the capital fell within a decade from the fourth cluster to the second cluster. It is located in the 50th place of the end and falls to the lowest quintile of local authorities in Israel, according to the Central Bureau of Statistics (CBS). All 11 municipalities that were in the lower cluster of the socio-economic index in 2013 remained there. All ten municipalities located in the two upper clusters also remained there. Only two authorities are located in the tenth cluster by the way, first Savyon, followed by Kfar Shmaryahu