Articles by December, 2022

Partner Company reported that it signed an agreement with Bezeq to purchase the right to use 120,000 Bezeq fiber optic infrastructure lines for NIS 574 million for a 15-year contract. The agreement will allow the partner to be the provider of fiber services with the widest deployment in Israel, so that it can offer service to most households, even in places where it is not expected to reach with its independent fiber infrastructure, thus strengthening competition in these areas for the benefit of consumers

Israel is in 4th place on the "Economist" list of successful economies in 2022 In weighing the indicators of growth, inflation, stock performance, and government debt, Israel leads the list of the 34 richest countries, alongside other surprising winners - Greece, Portugal and Ireland. Germany, despite its political stability, was ranked particularly low. In financial terms, the past year has been bad for almost everyone. Inflation of 10% in the rich world has eaten away at household incomes. Investors lost a lot when stock markets fell by an average of 20%. However, focusing on the...

Israeli exports are expected to break a record this year and cross a threshold of 160 billion dollars - according to a forecast published by the Ministry of Economy. If the forecasts come true, the rate of increase in exports will be higher than 10% compared to 2021, which also recorded a record in Israeli exports. The Ministry of Economy says that the forecast for Israeli exports of $160 billion is conservative and that if the rate of growth in exports in the fourth quarter of this year is similar to the growth in exports in the first three quarters of 2022, it is possible that the volume...

The business sector is not ready to accept the bizarre legislative initiatives of the forming coalition and to apply discrimination to the citizens of Israel under the protection of the law. Discount Bank will not grant credit to businesses and entities that discriminate against customers on the basis of religion, race, gender or sexual orientation - this is what the bank's board of directors stated

Finance Minister Avigdor Lieberman and Transport Minister Marev Michaeli approved the sale of the state's shares in the Haifa Port Company for a period of 32 years, to a group consisting of the Indian company Gadot Mosofif Chemicals and Adani, for NIS 3.9 billion. "I am happy that among my last steps in the Ministry of Finance, I signed and promoted another step towards the privatization of the port of Haifa. For the past year and a half, I have led a policy of a freer and more competitive economy. The privatization of the port is great news for the citizens of Israel that will increase...