Articles by November, 2019

Two Israelis are charged for fraud of tens of millions of dollars in binary options
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Two Israelis are charged for fraud of tens of millions of dollars in binary options

by Ifi Reporter

Category: Law

Two Israelis are charged with a lawsuit filed by the U.S. Securities and Exchange Commission for tens of millions of dollars in binary options fraud. The Two Gil Beserglick and Rez Beserglick and another man, Kai Christian Petersen, used deceptive marketing techniques and "manipulative phone centers" to persuade investors to trade binary options through three operating sites, according to the lawsuit filed in Central California District Court. According to the lawsuit, employees at the call centers allegedly persuaded investors to open binary options trading accounts and deposit large sums...

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Nov 2, 2019

The new Prime Minister's plane took off this morning for a first test flight
124 Views Details

The new Prime Minister's plane took off this morning for a first test flight

by Ifi Reporter

Category: Government

The new Prime Minister's plane took off this morning for a first test flight, a plane held by the pilot of the IAA pilot. The flight lasted between two and three hours, during which time the airplane systems were examined. This is the first test flight of a series of flights and further tests to be conducted later. Last Thursday, the plane, worth NIS 729 million, performed a convection test according to the test flight preparation protocol. In this convection test, hydraulic systems, brake systems, and ground steering systems were examined. During the preparation for the first run, light...

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Nov 3, 2019

2018: foreign companies  exercised reciprocal transaction that totaled about $ 4 billion
136 Views Details

2018: foreign companies exercised reciprocal transaction that totaled about $ 4 billion

by Ifi Reporter

Category: Government

In the coming years, government agencies are expected to contract with many foreign companies through 100 infrastructure and energy tenders, whose total value is estimated at NIS 200 billion. The Ministry of Economy said today that the call made by Minister Cohen to his colleagues in the government that the need to require government-awarded companies to implement reciprocal procurement in these auctions stems from the evasion of government entities from the obligation on foreign suppliers to reciprocate in the Israeli economy. During the cabinet meeting, the head of the Industrial...

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Nov 3, 2019

US cyber giant Proofpoint acquires Israeli cyber  ObserveIT for $ 225 million
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US cyber giant Proofpoint acquires Israeli cyber ObserveIT for $ 225 million

by Ifi Reporter

Category: Hitech

US cyber giant Proofpoint acquires Israeli cyber company ObserveIT for $ 225 million. To date, ObserveIT has raised more than fifty million dollars.Observer develops solutions to address enterprise security threats. The company was founded in 2007 by Gabi Friedlander and Avi Amos and in 2013 the American venture capital fund Bain Capital acquired a significant stake in the company. The company's headquarters are in Boston and the main development center - in Tel Aviv. The company's CEO, Mike McKee, sits in Boston. The director of the company's development center in Israel is Tal Tikotsky....

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Nov 3, 2019

Renovation of buildings known as TAMA 38 will expire in five years - May 2025
179 Views Details

Renovation of buildings known as TAMA 38 will expire in five years - May 2025

by Ifi Reporter

Category: Government

The government's plan to renovate buildings to strengthen them and allow them to withstand earthquakes A plan known as the "TAMA 38" expires in May 2022, but will only finish completely in 5 years because local municipalities who wish to keep the plan going can follow the plan until May 2025. Provided they advance A local plan for urban renewal program which was recently approved. Head of National Housing and National Planning and Building Council Chairman Ze'ev Bielski: "After countless discussions and thinking, I welcome the extension of the 38th TEMA for a three-year termit. IT is a...

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Nov 5, 2019

American software vendor EPAM: we have acquired the Israeli startup Naya
241 Views Details

American software vendor EPAM: we have acquired the Israeli startup Naya

by Ifi Reporter

Category: Financial

EPAM Systems, a digital platform engineering and software development solution provider, Software announced Wednesday the acquisition of Israeli company Naya Technologies (NAYA Technologies) for an undisclosed amount. As part of the deal, EPAM acquires both Israeli company 80 employees in Herzliya and American subsidiary NAYA Tech. EPAM employs around 30,000 employees and trades on NASDAQ at $ 9.75 billion. The company carries out projects for leading global companies of all disciplines, including prominent Google. Naya Technologies was founded in 2009 by June Okon and Yair Rosilio and...

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Nov 6, 2019

Obesity and diabetes caused declining life expectancy in the OECD and reached Israel
135 Views Details

Obesity and diabetes caused declining life expectancy in the OECD and reached Israel

by Ifi Reporter

Category: Health

Israel's low investment in health in general, and in public health in particular, causes national health spending in Israel (including public and private spending) to be 7.5% of GDP alone, compared to an average of 8.8% in the OECD, with public funding only about 60% of expenditure. In most OECD countries public funding is higher. Obesity, an increase in diabetes morbidity and opiate drug consumption have led to a decline in life expectancy in 19 OECD countries (Organization of Developed Countries) in 2015, as well as a slowdown in life expectancy in Israel, according to a new OECD report,...

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Nov 6, 2019

Shufersal ONLINE offers in November discounts in an attempt to seduce Israelis before Black Friday
291 Views Details

Shufersal ONLINE offers in November discounts in an attempt to seduce Israelis before Black Friday

by Ifi Reporter

Category: Hitech

Last November, the new Shufersal ONLINE website was launched, offering a personalized customer shopping experience. On the site you can find the online mall scene where you can find a rich variety of products in the fields of electricity, electronics, home and garden furniture, textiles and home decor, BE products and cosmetics from the BE chain and more. Offers and discounts are available at the Shufersal Online website throughout November. For example, a Dyson V11 Wireless Vacuum Cleaner at NIS 1,899 (instead of NIS 2,199), Wireless Headphones Air Pods 2 iPhone at NIS 599 (instead of NIS...

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Nov 6, 2019

39 technological collleges will open this morning with disruptions due to budget conflict
126 Views Details

39 technological collleges will open this morning with disruptions due to budget conflict

by Ifi Reporter

Category: Financial

About thirty technology colleges will open in disruptions this morning due to budgetary hardship that threatens to continue their operations. Political controversy delays transfer of NIS 146 million budget promised in favor of technology college reform and another sixty-one NIS dictionary approved for colleges a year for college budget, lecturer money, vendor pay and ongoing management. Speaker of the Finance Committee Knesset Member Moshe Gaffney last week refused to transfer the money to the committee on the grounds that the money would drive reform in the technology colleges, a reform...

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Nov 9, 2019

For the second time: The court canceled a plan to build 3,000 apartments near the port of Ashdod
165 Views Details

For the second time: The court canceled a plan to build 3,000 apartments near the port of Ashdod

by Ifi Reporter

Category: Government

For the second time in a year, the Administrative Court canceled a plan to build 3,000 apartments southeast of Ashdod Port, which was twice approved by the National Planning and Building Committee and promoted by the Israel Lands Authority. This is a huge plan to build a new neighborhood known as Lachish Park, on a 612 acre site where Ashdod's new football stadium is to be built. The ruling will force the state to appeal to the High Court or completely cancel the plan. At the beginning of the year, the Be'er Sheva Administrative Court received a petition from the Manufacturers...

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Nov 10, 2019

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