Latest Articles
Category: Real Estate
In a crucial move to finance ongoing military operations, Finance Minister Bezalel Smotrich has announced the addition of NIS 13.5 billion to the 2023 budget. The decision, revealed in a letter to the Ministry of Finance, outlines a strategy to redirect a portion of coalition funds to support the war effort
Nov 9, 2023
Category: Health
National Insurance Institute has reported an alarming increase in unemployment benefit applications since the beginning of November, mirroring figures reminiscent of the COVID-19 crisis. A total of 84,618 applicants have sought assistance from the National Insurance Institute due to the ongoing hostilities. Of these, 61,500 individuals have been forced into involuntary unemployment, while 23,118 cited other reasons such as layoffs
Nov 8, 2023
Category: Law
Palo Alto's research unit has brought to light an alarming increase in cyber attacks orchestrated by the Iranian hacker group known as "Agrius" against Israeli targets. These attacks have intensified since the onset of hostilities. The Agrius group, which has been operating since 2020, has been actively engaged in stealing sensitive information and causing damage by deleting data, ultimately affecting innocent Israeli citizens
Nov 6, 2023
Category: Financial
As the fifth week of fighting continues in the region, Israel is facing a high level of uncertainty on the military front, while the home front shows signs of adjusting to a new normal. Despite the ongoing conflict, there has been a notable increase in credit card purchases in the past two weeks, although they remain approximately 20% lower than pre-war levels. Traffic on the roads has also resumed with a partial return to school
Nov 5, 2023
Category: Financial
In response to the ongoing "Iron Swords" war, Israel's Finance Minister, Bezalel Smotrich, and Defense Minister, Yoav Galant, have unveiled a comprehensive financial aid package aimed at supporting the nation's reserve officers and those affected by the conflict. This financial relief package, contingent upon government approval, includes a range of benefits to ease the economic burdens resulting from the war
Nov 2, 2023
Category: Government
In a move aimed at providing crucial support to businesses grappling with the aftermath of the 'Iron Swords' war, the Ministry of Finance has released a memorandum of law outlining a compensation plan. The plan, designed to be swiftly legislated, is set to pave the way for grant applications as early as November 15th, with a primary focus on small businesses and self-employed individuals who have suffered significant economic setbacks due to the conflict
Oct 30, 2023
Category: Health
In a significant move aimed at enhancing security measures and safeguarding the population, the Home Front Command has issued a public announcement detailing the tightening of restrictions in specific regions of the country. The new guidelines, which come into effect from Saturday, October 28, 2023, at 7:00 p.m., will remain in place until Monday, October 30, 2023, at 6:00 p.m
Oct 28, 2023
"Israeli Government Approves Urgent Increase in Foreign Workers Amidst Labor Shortage Due to the war
Category: Real Estate
In response to the severe shortage of over 75,000 Palestinian workers in the Israeli construction industry, the government has swiftly approved an increase in foreign worker quotas from 30,000 to 50,000. This decision was made through an urgent telephone referendum, with the additional workforce being allocated in four increments of 5,000 foreign workers each, contingent on the actual staffing needs of each increment
Oct 27, 2023
Category: Government
Israeli Prime Minister Benjamin Netanyahu has announced that he will face an investigation regarding the security lapses that enabled the recent terrorist attack by Hamas in the southern region of the country on October 7. However, he has stated that this inquiry will take place only after the current military campaign concludes
Oct 25, 2023
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
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