Articles by August, 2019

Partner and Pelephone appealed a fine imposed on them by the Consumer Protection Authority and will receive back the amount of the fine plus court costs, totaling NIS 968,000 - the Jerusalem Magistrate's Court ruled in an appeal filed by the two companies. This is a monetary sanction imposed on the companies in January 2017, claiming to mislead consumers in various publications where consumers were invited to join them and receive advanced "Generation 4" mobile services, free of charge. The Authority claimed that during the relevant period for publications that began in July 2014, the...

Credit rating company Fitch has ratified Israel's credit rating at A + with a stable outlook, which means that there is no forecast in the near future to raise or lower the rating. It should be noted that earlier this month, international credit rating company S&P ratified Israel's credit rating and left it at AA-level with a stable outlook This followed in August 2018, raising Israel's rating to its current level - the highest ever - when it ratified it last February, stating that it is unlikely to be hurt by the election. The last time Fitch raised Israel's credit rating on foreign...

After the disabling threats have been removed, about 2,354,000 students will return to schools and kindergartens today - and the school year will open: 168,000 first-grade students will enter the school gates for the first time, as well as 190,000 preschoolers and 333,000 preschoolers. Also, 1,074,000 elementary school students, 296,000 middle school students and 461,000 upper secondary students will be attending educational institutions today, of which 132,000 are 12th graders, who will be their last year in the education system. The students have been for almost a full month, as Tishrei...