The Finance Committee of the Knesset approved the plan of the Government Companies Authority to sell 20% of the shares of the Israel Postal Company from the government to a private strategic investor, and another 20% to the public. However, the committee demanded that the Authority and the Ministry of Finance report to the Knesset in the future in order to obtain its approval of the order of vital interests that the Minister of Finance will issue prior to privatization
Interior Minister Aryeh Deri has decided not to approve Shabbat laws that allow the operation of supermarkets in five secular cities, Interior Ministry director general Mordechai Cohen announced in letters to Modi'in, Rishon Letzion, Givatayim, Herzliya and Holon All five municipalities passed by-laws prior to the approval of the Supermarket Law in January this year or shortly thereafter with the aim of bringing the law into force. The municipality of Rishon LeZion has already petitioned the High Court of Justice three months ago after the Interior Ministry's response to the matter was...
Prime Minister Netanyahu is planning an unprecedented increase in the defense budget, to the extent that it will cost more than NIS 100 billion a year. Today, the annual budget of the IDF, the Mossad and the Shin Bet totals NIS 70 billion. The Netanyahu plan was presented today at the meeting of the political-security cabinet. Among other things, the budgets for the air defense systems - Arrow, Iron Dome and a magic wand - will be increased, as will the construction of a fence along the Jordanian border. The plan will be presented shortly to the General Staff forum and senior Mossad...
Prime Minister Benjamin Netanyahu was questioned on Friday in the Bezeq case again for four hours. Police investigators and the Securities and Exchange Commission arrived at the Prime Minister's residence on Balfour Street in Jerusalem for his eighth investigation into this case and presented him with new testimonies and findings. The controlling shareholder of Bezeq and its former board chairman, Shaul Elovitch, was again questioned today, and his driver was also required to enter the interrogation room, where he gave open testimony
The Ministry of Defense has ordered accurate rockets from Israel's military industry, amounting to hundreds of millions of shekels. According to Defense Minister Avigdor Lieberman, this is "the first deal for the missile array that will allow to cover within a few years every point, in short and medium ranges
The US State Department announced the cessation of aid in an official statement released late Monday. "The administration carefully examined the issue and decided that the United States would not continue to transfer donations to UNRWA," the statement said. "When we transferred $ 60 million to UNRWA in January, we made it clear that the United States was no longer willing to bear disproportionately the burden of UNRWA costs, as we did for many years. Some countries, including Jordan, Egypt, Sweden, Qatar and the special Arab emirates have shown leadership in addressing the problem, but...
Finance Minister Moshe Kahlon and the head of the Federal Finance Division (FDF), Swiss Confederation Minister of Finance, Mr. Oli Morer, met in Jerusalem to discuss various financial and fiscal issues of mutual interest. The ministers met after a second round of economic dialogue in Switzerland, in which the parties identified areas of mutual interest and undertook commitments to deepen cooperation on a number of issues, including access to the market and the industry
Against the background of the difficulty experienced by the fashion industry in the past year, the Ministry of Economy has formulated steps that will help companies compete and break into new markets. The steps are based on existing plans at the Ministry and in accordance with the manufacturers of the industry
On Friday, the Tel Aviv District Court approved the continuation of the construction work of the light rail system in Bnei Brak on shabat, one of the holiest days in Jewish calender. The court decided that the work was necessary and that the lack of it could endanger lives. On Friday evening, tens of thousands of ultra orthodox trligious residents of Bnei Brak held a mass prayer to protest. Police say several demonstrators tried to break into the light rail construcyion site but were stopped by police
Finance Minister Moshe Kahlon and Deputy Chancellor and Finance Minister Olaf Schultz met in Jerusalem and signed a joint declaration that includes the establishment of a mechanism for financial dialogue between the parties in order to promote and strengthen cooperation in economic and financial fields*