Articles by October, 2023
by Ifi Reporter
Category: Capital Market
In a joint initiative spearheaded by the Ministry of Economy, Industry, and the Association of Industrialists, along with the Employment Service, Israel has launched a nationwide campaign urging citizens to step up and enlist for essential roles within the industrial and commercial sectors. The primary goal of this initiative is to ensure a continuous supply of food and vital products to both civilians and soldiers, addressing a severe shortage of workers caused by multiple factors
Oct 18, 2023
by Ifi Reporter
Category: Real Estate
Rublic transportation in Israel is set to operate in an emergency mode over the upcoming weekend, with limited details available, as confirmed by the Ministry of Transportation. Last week, the Ministry announced a limited schedule for the weekend just hours before services began. It is expected that the public transportation services for this Friday and Saturday will resemble the ones provided last weekend, where certain bus lines extended their hours until 10:00 p.m. on Fridays and began operations at 6:00 a.m. on Saturdays
Oct 19, 2023
by Ifi Reporter
Category: Banking
In a response to the recent conflict in the Gaza Strip, two major Israeli banks have unveiled plans to provide relief to homeowners located in areas near the border. Bank Hapoalim and Mizrahi Tefahot Bank are offering mortgage payment exemptions to residents affected by the hostilities, in addition to the broader outline provided by the Bank of Israel earlier this week
Oct 20, 2023
by Ifi Reporter
Category: Financial
Since the outbreak of the war, nearly 7,000 foreign workers have left Israel, posing a significant challenge to the country's labor force. According to data collected by the Administration of Foreign Workers at the Population and Immigration Authority, the departure of foreign workers is affecting various sectors of the economy
Oct 21, 2023
by Ifi Reporter
Category: Government
President Herzog of the State of Israel has made a shocking revelation in an interview with Sky News, stating that Hamas, the Palestinian militant group in the Gaza Strip, had planned to use cyanide against civilian populations. Herzog revealed that a USB device found on Hamas terrorists contained detailed instructions for creating chemical weapons, reminiscent of Al-Qaeda's methods
Oct 23, 2023
by Ifi Reporter
Category: Capital Market
In a dramatic turn of events, the Ministry of Justice issued a stern ultimatum to government ministers this week, demanding that they personally request approval for coalition funds, rather than relying on their officials. This bold move comes in the midst of ongoing fighting in Gaza, despite Finance Minister Bezalel Smotrich's public announcement of his intention to freeze these funds to allocate resources to the war effort
Oct 23, 2023
by Ifi Reporter
Category: Government
Hamas has released two elderly Israeli women, Yochaved Lifshitz (85) and Nurit Koper (79), who were abducted during a terrorist attack on October 7. This development follows extensive mediation efforts by Egypt and Qatar
Oct 23, 2023
by Ifi Reporter
Category: Capital Market
The financial ramifications are becoming increasingly apparent. Tonight, the S&P agency announced a significant change in its credit rating forecast for Israel, downgrading it from "stable" to "negative." This decision signals a potential medium-term credit rating reduction for the nation
Oct 24, 2023
by Ifi Reporter
Category: Financial
Hundreds of terrorists from Hamas and Islamic Jihad underwent advanced training in Iran just weeks before orchestrating a devastating attack on Israel. While this training was led by officers from Iran's Quds Force of the Revolutionary Guards, there is no concrete evidence suggesting that Iran specifically prepared these militants for the attack on Israel
Oct 25, 2023
by Ifi Reporter
Category: Government
In a major development, Israeli and foreign sources indicate that a significant hostage release operation may be executed within the next few days. Negotiations have been ongoing between Israel and Hamas, and sources familiar with the discussions suggest the possibility of this operation taking place "within two days, maybe even less," contingent on the progress of talks with the militant group
Oct 25, 2023
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