Latest Articles

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.

The Agency for Small and Medium Businesses in the Ministry of Economy and Industry is launching an aid program to promote digitization and computer systems for businesses in the amount of NIS 18 million; Up to NIS 350,000 for a business that will make investments to advance computing, which will lead to an increase in productivity and improve competitiveness. In order to increase the use of digital tools among businesses, the Small and Medium Business Agency is launching grants of up to NIS 350,000 per business, for the benefit of implementing computer systems and digital tools

Israel dropped from 5th place to 7th place in the global artificial intelligence ranking published by Tortoise Media, after Singapore and South Korea overtook it. Although even after the drop, Israel is still in a very high place in the world ranking, but the drop reinforces the fears that the lack of government investment in infrastructure and academic research may cause Israel to lose its lead - and open a gap with other countries in the field of artificial intelligence. Tortoise Media's AI Index report presents a ranking that represents the 62 countries leading the global artificial...

The bill proposing that the banks will be required to pay interest on the current account, which has already passed the committee of ministers and was supposed to go up for a preliminary vote in the plenary on Wednesday, is dropped from the agenda at this stage. Member of Knesset Yanon Azoulai (one of the bill's presenters), announced that "after consultation with Shas movement chairman Rabbi Aryeh Deri, Prime Minister Binyamin Netanyahu, and coalition chairman Ofir Katz, it was decided to wait with raising the bill, which would oblige the banks To pay interest on the current account...

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

The housing cabinet met today (Tuesday) for the first time since the government was formed, and approved a grant program for the purchase of second-hand apartments as part of lotteries and the increase in grants for the purchase of apartments as part of the "discounted apartment" program in the periphery - the two main proposals of the Ministry of Housing and the Israel Land Authority that were announced yesterday

The Commissioner for Competition, Attorney Michal Cohen, announced today (Monday) that she has declared Wysotsky as a monopoly in the green tea market and on the liquor market. This means that Vysotsky will be defined by law as a "large supplier", as the term is defined in the Law for the Promotion of Competition in the Food Industry, and from now on All the obligations imposed on large suppliers by virtue of this law regarding the declared products apply to it

The absolute majority of small businesses take advantage of the credit line given to them by the bank. From an inspection conducted by the fintech company Bizzy in the first quarter of 2023, it emerged that 97% of the small businesses took advantage of the credit limit that was given to them, and only 3% did not take advantage of it. The inspection included almost 1,000 bank accounts of about 800 small businesses. The sample data also shows that the effective credit cost increased by 14% during the quarter. Thus, while the cost that the small business pays for the credit line amounted to...

Rebellion in Russia. The mercenaries of the "Wagner group", who crossed the border from Ukraine and took over Russian army installations on Saturday, continue to advance towards the Russian capital and cause panic in the country. The head of the "Wagner Group", Yevgeny Prigozhin, announced this morning that he arrived in the southern Rostov district together with 25,000 fighters, with the aim of deposing the heads of the army - Defense Minister Sergei Shoigu and Chief of Staff Valery Gerasimov. "We are ready to die," he said. As part of Prigozhin's rebellion in the Russian army, because of...

Almost half a year: the demonstrations against the legal revolution across the country are entering the 25th week. The leaders of the resistance said on Saturday that they are "increasing their gear towards another round of struggle in the end the coup attempt will be stopped again". The organizers called on the public to take to the streets "in order to send a clear message to the Israeli government that the legislation will not pass." Former Prime Minister Ehud Barak, Attorney Dafna Holtz Lachner, and Dr. Amir Hanifs from the Druze protest will speak at the demonstration in Tel Aviv. The...