Latest Articles
Category: Government
After facing significant delays and safety issues, the highly anticipated Red Line of the light rail system in Gush Dan is finally set to be officially inaugurated on August 18. The project, managed by the NTA Company, experienced multiple postponements over the course of two years due to safety problems, particularly concerning incidents of emergency braking
Jul 31, 2023
Category: Hitech
The government has authorized the transfer of NIS 165 million to support Torah institutions, resulting in a significant increase in the scope of coalition funds by an additional NIS 145 million. The total amount of coalition funds for 2023 is now expected to reach 5.8 billion shekels, surpassing the budget initially announced in February during the preparation of the government's budget
Jul 29, 2023
Category: Government
The director general of the Ministry of Education, Assaf Tzalel, resigned from his position, in protest of the coup d'état legislation. In a statement he published, he said that "the rift we have reached does not allow me to continue to exercise my responsibilities properly, and that as a public representative he "wishes to take responsibility and end my duties." Education Minister Yoav Kish thanked Tzalel for his position and announced that the director of the Jerusalem district of the ministry, Meir Shimoni, would replace him as director general of the ministry
Jul 28, 2023
Category: Capital Market
Credit rating agency Moody's released a report on Tuesday detailing developments in Israel's political landscape and their potential impact on the country's economy. The report raises alarm about the ongoing demonstrations and protests surrounding the coup d'état and highlights the risk of a constitutional crisis due to petitions against the bill submitted to the Supreme Court
Jul 27, 2023
Category: Government
In a recent report by StartupBlink, a renowned international organization that monitors global startup ecosystems, Tel Aviv has taken an alarming lead as the city witnessed the highest number of startup companies leaving its once flourishing entrepreneurial landscape. The findings reveal that the entire startup nation is experiencing a mass migration to other locations, signaling a troubling downward trend for Israel's once vibrant startup ecosystem
Jul 26, 2023
Category: Government
In response to public concerns over a potential 12% increase in public transportation fares, the Israeli Ministry of Transportation and the Ministry of Finance collaborated on a comprehensive plan aimed at eliminating the price hike and encouraging greater usage of public transport. The multifaceted reform, spearheaded by Minister of Transportation and Road Safety Miri Regev, seeks to promote "transportation justice" and provide significant discounts to various segments of Israeli society
Jul 26, 2023
Category: Financial
In a significant development within the cybersecurity industry, the French Thales Group has reached an agreement to acquire the Israeli information security company Imperva for an impressive $3.6 billion. The deal, expected to be finalized by the end of the year, will mark a remarkable turn of events for Imperva, which had been purchased by the American Thoma Bravo Fund for $2.1 billion in 2018
Jul 25, 2023
Category: Health
In a significant development, the Regional Labor Court in Bat Yam has issued an order at noon on Tuesday, directing the striking doctors in Israel to immediately end their strike and return to work. The court's ruling emphasized that while a two-hour protest strike is within the right to protest, the ongoing strike, which has lasted more than seven hours, has exceeded reasonable limits. The strike was initiated by doctors in the public health system in protest of the legislation repealing the reasonableness clause in the Knesset
Jul 25, 2023
Category: Health
In a highly contentious session at the Israeli Knesset, the controversial "reason for reasonableness" law, proposed by Justice Minister Yariv Levin, has been passed on second and third readings with a majority of 64 Knesset members in favor and no opposition. The law's passage marks a significant milestone in what Levin describes as a "legal revolution" plan
Jul 24, 2023
Category: Start Up
Israeli Prime Minister Binyamin Netanyahu was rushed to Sheba Hospital - Tel Hashomer on Sunday night after experiencing a severe health scare. Hila Elroy of News 13 reported that Netanyahu felt unwell and dizzy, prompting him to activate a monitoring device that had been recently placed on him. Contrary to his initial statement, the device did not beep; instead, it was activated by Netanyahu himself, revealing a critical 12-second arrhythmia that put his life in danger
Jul 23, 2023
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