Government

Israel Postal Company is raisings: packages deliveries within Israel will rise by 25%
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The Israel Post is joining the wave of price increases and raising the prices of some services within Israel and Israel abroad: packages within Israel and from Israel abroad, stamps, registered mail and Post 24. Regarding the packages, it was stated that "there is no effect on the costs of shipments that arrive in Israel from shopping sites from abroad - This is about an increase in letter and shipping rates in Israel and Israel abroad." At the same time, the increase in the price of parcel delivery within Israel may increase the price of deliveries within the country of Israeli online...

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Jan 2, 2023

Privatization of Haifa port has finally been completed: State will be enriched by NIS 3 billion
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The privatization of the Haifa port has finally been completed, which will enrich the state coffers by a little less than NIS 3 billion, and approximately NIS 1 billion to the Haifa Port Company, when the "Adani Gadot" group transferred the payment. Thus came to an end a long and complex process of privatizing the port of Haifa, the first port in the State of Israel. The group, which consists of the company Gadot Mesofim for Chemicals (1985) Ltd. and the Indian company Adani Ports and Special Economic Zone Ltd., owned by the third richest man in the world, Gautam Adani, successfully...

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Jan 10, 2023

They have no shame: Knesset members approved themselves a 5.1% increase in their salaries
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The Knesset committee approved the recommendation of the public committee for determining the salary for Knesset members, according to which the salary of Knesset members should be increased by 5.1%, instead of the automatic update of 12.5% in accordance with the increase in the average salary in the economy

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Jan 17, 2023

 Papaya Global takes all the company's money out of Israel - Money is taken out of the country
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The founder and CEO of the high-tech company Papaya Global, Einat Gaz, announced this morning (Thursday) that she has decided to take all of the company's money out of Israel following the promotion of the legal reform. "There is no certainty that we can conduct international economic activity from Israel, this is a painful but necessary business step." . According to Gaz: "Following Prime Minister Netanyahu's statements that he is determined to pass reforms that will harm democracy and the economy, we made a business decision at Papaya Global to withdraw all of the company's funds from...

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Jan 27, 2023

 Fares in public transportation - buses and trains, are expected to rise in July by 12%
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The fares for travel in public transportation - buses and trains, are expected to become more expensive in July by about 12%, this is due to the increase in the input basket index of public transportation. Although the travel rates were always linked to the index and the increase was expected, the Ministry of Transport did not act to prevent it until now and even blame the previous government

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Jun 19, 2023

 Central Bureau of Statistics: Unemployment rate  rose slightly in May to 3.5%
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Data published on Monday by the Central Bureau of Statistics reveal that the basic unemployment rate rose slightly in May to 3.5%, after it was 3.1% in April, 3.3% in March, 3.7% in February, 4.1% in January and 4.3% in December. Before seasonally adjusted data that neutralizes irregular jumps and external events, the unemployment rate remains at 3.6%, and in any case, it is a relatively low unemployment rate both in Israel's past and in the world today

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Jun 19, 2023

Four people were murdered  in a shooting attack at a gas station near the settlement of Ali
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Four people were murdered at noon on Tuesday in a shooting attack at a gas station near the settlement of Ali in the center of the West Bank. Four other people were injured, one seriously, and the rest moderately and lightly. The shooting opened at a restaurant and the terrorist was shot dead. There is a suspicion that more terrorists fled the area and the IDF is looking for them

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Jun 20, 2023

Consumer Protection and fair trade authority to soft drink companies: stop the prices increase
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The Authority for Consumer Protection and Fair Trade announces its intention to issue an administrative order to stop the violation to the three soft drink companies that dominate the category - the Central Company for the Production of Soft Drinks Ltd., Tempo Beverages Ltd., Yapaura-Taburi Ltd. The companies must return the price to its original value immediately As the price increases and cancel the planned price increase

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Jun 21, 2023

Selina the hotel operator for a young crowd will layoff  350 employees and stop expanding
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Selina, the hotel operator for a young crowd, goes to war for her future. Only half a year after its IPO, it is laying off workers, curbing expansion, and managing emergency recruitment after only 23 million dollars remained in its coffers as of the end of March. The company announced today that it has begun a period of significant cutbacks that includes the layoff of approximately 350 employees, exiting some of the hotel leases and almost completely stopping the opening of new hotels

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Jun 27, 2023

Arkia airline wishes to operate direct routes to two new destinations this year: Goa and Sri Lanka
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Arkia wishes to operate direct routes to two new destinations this year: Goa and Sri Lanka. On Thursday, Arkia officially announced that a new flight route to Goa will begin operating in November. The frequency of flights will be once a week, on Wednesdays, on a shortened flight route that will last less than 5.5 hours of flight time. The flights will be on Airbus A320neo planes, a more advanced version of the common passenger plane Airbus A320 - which is also more fuel efficient. Flight prices will start from $549 round trip.

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Jun 29, 2023

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