Ifi Reporter

Ifi Reporter
Member since May 5, 2016
Leumitech and IVC: sraeli High-Tech Industry Shows Signs of Stabilization and Recovery
296 Views Details

by Ifi Reporter

Category: Government

Preliminary data from the Leumitech and IVC report for the third quarter of the year in the Israeli high-tech sector reveals intriguing insights into the industry's recent performance. While headline figures indicate a significant decline in investments, a closer look reveals encouraging signs of stabilization and recovery

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Sep 27, 2023

"Historic Announcement: Israel Granted Visa Waiver Program Access to the United States"
416 Views Details

by Ifi Reporter

Category: Government

US State Department declared on Wednesday that Israel has been officially accepted into the Visa Waiver Program. This historic announcement has been eagerly awaited by many Israelis, giving rise to both anticipation and inquiries. Under the new regulations, Israeli travelers intending to visit the United States will need to register online through the US government's Electronic System for Travel Authorization (ESTA). ESTA is an automated system designed to determine eligibility for entry into the US under the visa waiver program. Applicants will be required to complete an online...

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Sep 27, 2023

Israel's R&D Expenditure Surges in 2022 - Outpacing International Averages
273 Views Details

by Ifi Reporter

Category: Hitech

Israel's investment in civilian research and development (R&D) witnessed a substantial surge in 2022, according to data released by the Central Bureau of Statistics (CBS). The national expenditure on civilian R&D soared by 14.7%, reaching a remarkable NIS 106.1 billion for the year

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Sep 26, 2023

Clashes Erupt in Tel Aviv Over Gender Segregation in Israeli Public Spaces on Yom Kippur
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by Ifi Reporter

Category: Law

In a dramatic turn of events on Yom Kippur, clashes and protests erupted in various parts of Israel as members of the "Jewish Head" organization attempted to enforce gender segregation in public spaces during religious prayers. The incidents resulted in a political storm and brought to light the ongoing battle for public space in the country

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Sep 25, 2023

Netanyahu Addresses UN  Assembly Touts Potential Peace with Saudi Arabia -  Mixed Reactions Follow
554 Views Details

by Ifi Reporter

Category: Politics

In a highly anticipated address at the United Nations General Assembly in New York, Israeli Prime Minister Benjamin Netanyahu discussed a range of topics, including the potential for peace with Saudi Arabia, the Palestinian issue, and mounting tensions with Iran. Simultaneously, outside the UN building, hundreds of protesters gathered to voice their discontent with the government

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Sep 23, 2023

Divided Nation: Demonstrations in Tel Aviv Reflect Ongoing Strife as Yom Kippur Approaches
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by Ifi Reporter

Category: Politics

On Saturday evening, as the eve of Yom Kippur approached, thousands gathered at Tel Aviv's Kaplan intersection for the 38th week of demonstrations against Prime Minister Benjamin Netanyahu's government. Simultaneously, a separate demonstration occurred at the Western Wall for the annual forgiveness evening. This year, the religious holiday of Yom Kippur seems to symbolize the nation's deepening divide

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Sep 23, 2023

 Ministry of Health Urges Nationwide COVID-19 Vaccination as New Omicron Substrains Emerge
324 Views Details

by Ifi Reporter

Category: Health

Ministry of Health has issued a resounding recommendation for universal COVID-19 vaccination amid the emergence of new substrains of the Omicron variant. This announcement comes as a proactive measure to safeguard public health and curb the spread of the virus

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Sep 22, 2023

Warning: Iranian Hackers Expose Israeli Job Seekers' Personal Data in Cyberattack
310 Views Details

by Ifi Reporter

Category: Hitech

In a recent cybersecurity incident, Iranian hackers have brazenly targeted Israeli job search websites, compromising the personal information of job applicants. This alarming breach was uncovered by the National Cyber Network, which detected an ongoing cyberattack campaign with a malicious agenda to steal and publish sensitive user data

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Sep 21, 2023

Jerusalem's Ambitious Blue Line Light Rail Project: Dan and the Spanish COMSA will operate
888 Views Details

Jerusalem is gearing up for the most complex project in its history, the Blue Line Light Rail project. This groundbreaking initiative will be established using the Public-Private Partnership (PPP) method, and it is set to revolutionize the city's transportation infrastructure

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Sep 21, 2023

Ministry of Finance Requests Significant Budget Transfers for Ultra-Orthodox and Religious Education
482 Views Details

In a move that has raised eyebrows and sparked controversy, the Ministry of Finance has submitted a request to the finance committee for substantial budget transfers, totaling hundreds of millions of shekels. The funds are primarily intended to bolster ultra-Orthodox education and yeshivas, along with other religious initiatives

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Sep 20, 2023

Sharp Decline in Apartment Construction in Israel Starts Economic Concerns
383 Views Details

by Ifi Reporter

Category: Real Estate

Central Bureau of Statistics (CBS) has reported a significant downward trend in new apartment construction starts in Israel. The latest data reveals a stark decline, with only 13,290 new apartments commencing construction during the second quarter of this year

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Sep 20, 2023

Tripartite Agreement between US Saudi Arabia and Israel Nears Public Acknowledgment
Second Cyber Attack Strikes Israeli Medical Facility in a Month - Kfar Shaul Hospital
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by Ifi Reporter

Category: Hitech

In another alarming incident of cyber insecurity plaguing the Israeli healthcare sector, Kfar Shaul Itanim Hospital in Jerusalem has fallen victim to a suspected ransomware attack, marking the second such assault on a medical organization in just over a month

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Sep 19, 2023

Israeli Unemployment Drops to 3.1% in August Amidst Economic and financial Challenges
307 Views Details

Israel's unemployment rate plummeted to 3.1% in August, down from 3.4% the previous month, as reported by the Central Bureau of Statistics. This unexpected decline comes at a time when the nation faces a slew of economic challenges, including a weakening shekel, high-interest rates, a slowing economy, and a high-tech crisis, all while grappling with inflation exceeding government targets

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Sep 19, 2023

Controversy in Likud as Netanyahu Criticizes Justice Minister's Legal Reform Proposal
503 Views Details

by Ifi Reporter

Category: Government

Israeli Prime Minister Benjamin Netanyahu's visit to the United States took an unexpected turn as he publicly criticized Justice Minister Yariv Levin's original proposal for legal legislation, sparking controversy within the Likud party. During his visit, Netanyahu met with Elon Musk, the richest man in the world, at the Tesla factory in Fremont, California. In response to Musk's questions about the legal revolution in Israel, Netanyahu expressed his concerns about Levin's legislative plan presented in January

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Sep 18, 2023

Israeli IPO Market Remains Sluggish as Corporate Bond Market Sees a Resurgence
567 Views Details

by Ifi Reporter

Category: Banking

Israel's financial markets have experienced a notable shift in recent months, with the initial public offering (IPO) market witnessing a sharp decline while the corporate bond market is undergoing a resurgence. This transformation has been primarily attributed to rising interest rates both in Israel and worldwide.

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Sep 18, 2023

Week37: Thousands Protested Against the Legal Revolution before Netanyahu's trip to the UN
552 Views Details

by Ifi Reporter

Category: Politics

Amidst a legal revolution that has been brewing in Kaplan for weeks, protesters took to the streets to bid farewell to Prime Minister Benjamin Netanyahu as he embarked on a trip to the United Nations Assembly in New York. This Saturday, in a departure from previous demonstrations, there were no speeches or stages; instead, demonstrators marched from Rothschild Street to Kaplan, where they boarded shuttles to the planned demonstration in Israel

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Sep 17, 2023

CPI rose in August by 0.5% compared to the previous month - Inflation: stands at 4.1%
214 Views Details

In an unexpected turn of events, Israel's Consumer Price Index (CPI) for August surged beyond initial forecasts, registering a 0.5% increase. Early predictions had indicated a more modest rise of 0.3%-0.4%. This sharp uptick has pushed the country's inflation rate to 4.1%, exceeding the previously estimated 3.9%. The announcement was made by the Central Bureau of Statistics (CBS) on Friday

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Sep 16, 2023

Moody's Warns of Economic Challenges in Israel - Potential Credit Rating Downgrade Looms
530 Views Details

by Ifi Reporter

Category: Financial

Moody's, the international rating agency, is set to release a report next month that paints a concerning picture of Israel's economy, hinting at a possible negative turn in its trajectory. While the agency is not expected to immediately lower Israel's credit rating, the likelihood of a significant rating downgrade in the future is increasing

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Sep 15, 2023

Playtica Acquires Innplay Labs in a Multi-Million Dollar Deal to Expand Mobile Game Portfolio
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by Ifi Reporter

Category: Hitech

Israeli gaming company Playtica made a significant announcement this morning, revealing its acquisition of gaming start-up Innplay Labs (Innplay) for an initial sum of $80 million. The deal includes potential milestone payments that could eventually total approximately $300 million

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Sep 15, 2023

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