Government

Bombardier, the Canadian railway and aircraft giant, held a conference for the local aerospace industries at the Manufacturers' Association in Tel Aviv, in order to find new collaborations for the purpose of realizing reciprocal purchasing and increasing its investments in Israel. The conference was held in cooperation with the Industrial Cooperation Authority of the Ministry of Economy and Industry, the Manufacturers' Association and the Israel Export Institute

The IDF's experiments in intercepting fire-kite-flying by means of multicopter drone proved to be a failure because of the low success rates, but the army continues to use the drones against the fire-kites. Kite terror from the Gaza Strip continues despite the calm: 12 firefighting teams and four firefighting planes operated in the Carmia reserve to take over the flames in a major fire that broke out due to a firebomb that was launched from the Gaza Strip. It is estimated that 2,000 to 3,000 dunams of fire were burned in the reserve area.

The Knesset's Interior Committee approved the regulations for a work permit for Israeli investors in the US According to the agreement, Israelis and US residents will be able to invest in each other's country and receive a work permit on an investment basis only. Until now, Israelis who wanted to obtain a work permit in the US, even for the purpose of starting a business, were forced to meet strict threshold conditions such as proof of unique knowledge, exceptional achievements, seniority or demand from the applicant to prove that in the past he had already made real trade. The new...

The Ministry of Economy and Industry is launching a new program, allocating NIS 110 million to raise productivity in the industrial sectors in national priority areas and in Jerusalem Industrial enterprises whose sales turnover is up to NIS 200 million will be able to receive a grant of up to NIS 3 million for the following purposes: investment or upgrading in technological equipment of systems, improvement of operational excellence, empowerment of human capital, promotion of innovation and efficiency in resources and raw materials

Six Israeli start-ups, presenting innovative technologies in the areas of health, agriculture and water, have reached the final stage of the ibridge to the innovation program of Israel-India, launched during the mutual visits of Indian and Israeliprime ministers over the past year. The six companies were selected from 18 Israeli companies that presented their technologies to Israeli and Indian company directors and investors at the Demo-Day event last week at the Urban Place in Shalom Tower in Tel Aviv.

On the occasion of the 70th anniversary of the establishment of the State of Israel, the leaders of the industry were presented as part of a festive event at the President's Residence in Jerusalem and in the presence of President Reuven Rivlin. The award was awarded to Stef Wertheimer, Yossi Vardi, Dan Propper, Sami Sagol, Maxine Fassberg, Yehuda and Zohar Zisapel, Giora Ackerstein, Rim and Imad Yunes, Shimon Eckhaus and Morris Kahn. The award is intended to express the appreciation of Israeli society to industry leaders who have contributed significantly to the development of Israeli...

The Knesset plenum approved in a second and third reading the bill of the chairman of the Economics Committee, MK Eitan Cabel, to shorten the waiting times for a professional human response to deal with malfunctions, clarify the state of the account and end the contract. The amendment will apply to all companies in the economy, including, in an unprecedented manner, also to banks and insurance companies, and will come into effect in another nine months.