Ifi Reporter

Ifi Reporter
Member since May 5, 2016
Food standards will be cancelled facilitating import and competition in the local production
25 Views Details

by Ifi Reporter

Category: Government

The Ministry of Finance announced that the committee for examining Israeli food standards reached agreements regarding the cancellation and modification of the standards. In recent months, the committee examined the Israeli food standards, and its goal was to balance as much as possible the Israeli regulation in the field of food with that practiced in other developed countries, thereby facilitating both the import of food to Israel and its local production in the Israeli food industry. According to the announcement of the Ministry of Finance, the standards that will be canceled will...

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Sep 28, 2022

  Approved a free trade agreement between Israel and South Korea  - First  with an Asian country
163 Views Details

by Ifi Reporter

Category: Government

South Korea's parliament approved a trade agreement with Israel and it is expected to enter into force in December. This is Israel's first free trade area agreement with an Asian country. With the entry into force of the agreement, mutual tariff reductions will apply to imported and exported products, alongside the improvement and facilitation of trade in a variety of other areas such as services, investments, and standardization. The agreement will give Israeli companies a competitive advantage in the Korean market and is expected to increase and diversify Israeli exports to Korea, as...

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Sep 28, 2022

Alice electric passenger plane - Joint venture by Israel US and Singapore flew for 8 minutes
42 Views Details

by Ifi Reporter

Category: Hitech

The Elis plane is designed for regional flights, as a passenger plane with 9 passengers and 2 crew members, an aircraft carrier, or a cargo plane. It is capable of flying a range of up to 830 km, at a speed of up to 460 km, and carrying a weight of 1.1 tons. It has two engines with a power of 850 hp each, and batteries with a capacity of 900-kilowatt hours, like 15 popular electric cars. But the batteries make up about 60% of the plane's weight at takeoff, which currently makes it difficult to build an electric plane for longer ranges

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Sep 27, 2022

 Police pened an investigation into suspected damage to the railway tracks between Acre and Karmiel
99 Views Details

The police and the Shin Bet opened an investigation into suspected damage to the railway tracks between Acre and Karmiel, after it was discovered that an obstacle had been placed on the track near Route 85. There were no casualties and no damage was caused. For the security officials' investigation. The rest of the details of the case and the investigation are subject to a publication ban. The detainee took advantage of the shutdown of the track due to the holiday, and placed an engineered accessory, which was apparently designed to cause a train to derail on its journey at the end of the...

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Sep 26, 2022

jewish Agency: there are 15.3 million Jews in the world 100 thousand more than last year
415 Views Details

by Ifi Reporter

Category: Start Up

In regard to the next Rosh Hashanah, the Jewish Agency published its annual data, regarding the number of Jews in the world, according to a demographic study conducted by Professor Sergio Della-Pergola from the Hebrew University of Jerusalem. According to the data, as of today, there are 15.3 million Jews in the world, compared to 15.2 million last year. Of these, 7,080,000 Jews live in Israel, an increase of 130 thousand people compared to the previous year

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Sep 24, 2022

 Google buys Israeli BreezoMeter - a climate company engaged in predicting environmental hazards
86 Views Details

by Ifi Reporter

Category: Hitech

The technology giant Google buys the Israeli BreezoMeter. Breezometer is a climate company founded in 2014 and engaged in predicting environmental hazards such as air pollution, pollen and fires. Its technology turns the information into insights and makes them accessible to consumers through apps, smart home devices, vehicles and more. Google has recently started adding air pollution indicators to its products such as the Pixel 6 mobile device and Google Maps and it is possible that it is interested in more comprehensive information than what it receives from its suppliers. Google...

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Sep 21, 2022

IDF navy and IAI successfully completed a  test of the 'Gabriel 5' type naval missile system
76 Views Details

by Ifi Reporter

Category: Government

The Sea Arm, together with the Administration for Research, Development of Weapons and Technological Infrastructure in the Ministry of Defense and the Aerospace Industry, successfully completed in August a complex test of the 'Gabriel 5' type naval missile system. This experiment is another milestone in the process of carrying out the 6th Saari ships. The Ahi Oz missile ship, the second in the series of defense ships, participated in the test, which was tested for its ability to deal with various threats using new and advanced weapons, including the Gabriel 5 missile. Gabriel 5 is an...

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Sep 21, 2022

On New Year's Eve:  The population of Israel is estimated at 9.593 million people
461 Views Details

On New Year's Eve, the population of Israel is estimated at 9.593 million people. The population will reach about 10 million inhabitants at the end of 2024, and about 15 million inhabitants at the end of 2048 when the State of Israel will celebrate 100 years of existence, and about 20 million inhabitants at the end of 2065. Where will these people live? Well, Israel is not preparing for the expected growth in the coming years. Our politicians focus on the now and not the future. But - "Jerusalem, we have a problem"

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Sep 20, 2022

A historic record in the number of apartments construction began: 72,540 last 12 months
86 Views Details

by Ifi Reporter

Category: Real Estate

A historic record in the number of apartments whose construction began - 72,540 in the 12 months between July 2021 and June this year, 24% higher than the previous 12 months (July 2020-June 2021) in which the construction of approximately 58 thousand apartments began. The number of apartments whose construction began in the period under review is the same as the record recorded in 1995 at a time when hundreds of thousands of immigrants from the Commonwealth of Nations were absorbed into the country. According to the Central Bureau of Statistics, the number of apartments with construction...

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Sep 20, 2022

The number of tourists IN iSRAEL reached ABOUT 70% of their number before the CORONA crisis
60 Views Details

by Ifi Reporter

Category: Government

The approaching holidays mark not only the massive departure of Israelis abroad, but also the arrival of tourists who return to flood the streets of the cities. However, despite a considerable recovery in the arrival of tourists, the inbound tourism industry reports that they are still not arriving here in the numbers they were before the corona virus - while Israelis are flocking abroad in droves, and the figures are already equaling, and even surpassing, the numbers before the crisis. The number of tourists reaches 60%-70% of their number before the crisis. According to data from the...

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Sep 19, 2022

 Education minister is expected to announce establishment of a university in the Galilee
62 Views Details

by Ifi Reporter

Category: Government

The Minister of Education, Yifat Shasha-Biton, is expected to announce in the coming days the establishment of a new university in the Galilee, which will be the first to be established in the region, and in total the 11th university in Israel. Even though this is an election period, Shasha-Biton is expected to bring the decision to the approval of the Higher Education Council (HEC), which is expected to support it during, after Rosh Hashana. and OT), where objections are actually expected. In the past, there were differences of opinion in the higher education system on the need to...

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Sep 19, 2022

 El Al will operate direct flights to Tokyo starting in March 2023 twice a week using Boeing 787
532 Views Details

After a three-year delay in opening the route, El Al will operate direct flights to Tokyo starting in March 2023. The maiden flight is expected to take off on January 1, 2023, and ticket sales will begin today (September 19). El Al reported that it will operate two direct weekly flights to Tokyo, on Wednesdays and on Wednesdays. The flights will take place on a Boeing 787 aircraft, which includes three classes of service - tourist, premium and business. With the announcement of the new line, round-trip airline tickets are offered in tourist class, at launch prices starting at $999 for a...

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Sep 19, 2022

A recovery arrangement was signed with Israel Post: Approximately 1,050 employees will be laid off
330 Views Details

by Ifi Reporter

Category: Hitech

A recovery arrangement was signed between the Accountant General and the Israel Post in the amount of NIS 1.7 billion, along with a new collective agreement with the Post's workers' council. As part of it, out of the company's 5,000 employees, approximately 1,050 employees will be laid off in two phases - the first of which will be in December. The financing agreement consists of the sale of real estate of the post office - which has 700 branches throughout the country - to the state. The value of the assets to be sold is estimated at NIS 800 million. The state will also finance the...

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Sep 19, 2022

OPC to build a power plant in West Virginia that can bury carbon dioxide emitted by the station
67 Views Details

by Ifi Reporter

Category: Financial

OPC energy company is promoting the development of a power plant in West Virginia that supplied 1.8 gigawatts, for $3.5 billion. The station is powered by natural gas and incorporates technologies to capture and bury the carbon dioxide emitted by the station. The announcement of the project, which will be carried out through the American subsidiary CPV (70%), was made together with the Chairman of the Energy Committee in the Senate Joe Manchin from West Virginia, and the representative of the Governor of West Virginia. Giora Almogi, CEO of OPC, (-2.07% 4210), said that the establishment of...

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Sep 18, 2022

Israel Railways continues the strategic plan to eliminate road-rail junctions  to increase safety
51 Views Details

Israel Railways continues the strategic plan to eliminate road-rail junctions in order to increase the safety of all road users and improve train service. In recent days, a new level separation was opened for vehicular traffic near the construction site, which completely separates the railroad from the road crossing it. In this way, the road-rail intersection was canceled which resulted in damage to the train service due to incidents of trespassing in the area of ​​the intersection which caused train delays. In 1985, a major disaster occurred at the meeting when a bus that got stuck on the...

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Sep 18, 2022

Teva CEO Carr Schultz: Expects to reach operating profitability rate of 30% by 2027
54 Views Details

by Ifi Reporter

Category: Health

Teva pharmaceutical company held a press conference Sunday at its new headquarters in Tel Aviv, where it presented its goals for the coming years, which it provided with the publication of the latest reports. In 2027, Teva expects to reach an operating profitability rate of 30%, a debt-to-EBITDA ratio of 2, a cash-to-earnings ratio of 80%, and to return to growth, after several years of revenue erosion. Carr Schultz, Teva's president and CEO, presented Teva's progress since 2017, when he took office. "In 2017, we set goals. One of them was business optimization. 80 production sites - we...

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Sep 18, 2022

A large sinkhole opened up at the Shalom Interchange on the Ayalon  routes in Tel Aviv
99 Views Details

by Ifi Reporter

Category: Health

A large sinkhole opened at the Shalom Interchange on one of the Ayalon routes. In the documentation from the scene, a large hole can be seen spread over two lanes and on the edge, near the Azrieli Mall towards the south. Fire and police forces blocked the interchange, and no injuries were reported. The police are now considering the possibility of sealing the Eilon lanes, following information that a collapse has been detected at a nearby construction site, and that the sinkhole may have opened as a result of the work on the site

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Sep 17, 2022

Spending in the summer months using digital wallets jumped 5.5 times compared to July-August 2021
40 Views Details

by Ifi Reporter

Category: Financial

The spending of Israelis in the summer months using digital wallets jumped 5.5 times compared to July-August last year. This is according to a summary of data from the Automated Bank Services Company, which manages the national credit card payment system in Israel

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Sep 17, 2022

 inflation slowed slightly in August to minus 0.3% but housing prices continue to soar by 17.9%
72 Views Details

While inflation slowed slightly in August and the consumer price index fell by a higher rate than expected - 0.3% - the housing market is heating up and apartment prices continue to soar. Despite the moderation in the mortgage market and the drop in the number of apartments sold, in the months of June-July, the price of apartments increased by 1.3%, thus registering an annual increase of 17.9% - the highest jump since 2010

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Sep 15, 2022

Sunfrost's frozen bean products are back on the shelves after the discovery of parts of a snake
116 Views Details

by Ifi Reporter

Category: Health

Sunfrost's frozen bean products are back on the shelves, after their production and marketing was stopped due to the discovery of parts of a snake, a mouse, a snail and a bird's foot, among others, in the company's beans and peas, which is owned by Tnuva. They will gradually return to the points of sale starting today. Sunfrost controls about 70% of the cash sales in the frozen vegetables category. See that Sunfrost has begun the process of improving quality control and sorting at its factory in Migdal Ha'Emek, but has not yet activated the three optical sorting machines it announced it...

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Sep 15, 2022

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