News

McDonald's Israel was forced to cancel its exclusivity agreements in malls and shopping centers

Posted on Jan 19, 2020 by Ifi Reporter

McDonald's Israel has canceled its exclusivity agreements in malls and shopping centers, and as a result, the Competition Authority has closed the review file that began the matter....

From March 1st EL AL pilots will also be required for the first time to undergo a security check

Posted on Jan 19, 2020 by Ifi Reporter

From March 1st EL AL pilots will also be required for the first time to undergo a security check, which reflects their personal dignity in Terminal 3 before boarding. Reason: Security Services...

he Ministry of the Environment: Bazan refining group must stop production and storage of Bitumen

Posted on Jan 18, 2020 by Ifi Reporter

As a result of exceptional air pollution and violation of emission permits: The Ministry of the Environment issued an order to Bazan from the Ministry of Economy that bitumen is essential for the...

Supreme Court: Pronioron will be able to develop products based on Copaxone

Posted on Jan 17, 2020 by Ifi Reporter

The Supreme Court, headed by Justices Uzi Fogelman, Noam Solberg and David Mintz, rejected Teva's appeal  And Pronioron's counterclaim in the trial between them regarding the rights...

Exit: Lifebound Medical Device was sold to the American Bard Medical Device for about $ 60 million

Posted on Jan 15, 2020 by Ifi Reporter

The Lifebound Medical Device Company, which develops a hernia fusion network (Hernia Mesh), was sold to Bard Medical Device, now part of the US medical supplies provider, Keton Dickinson (BD). The...

The Ministry of Communication aim: enabling IBC to provide Internet services to private and medium-sized customers

Posted on Jan 14, 2020 by Ifi Reporter

The Ministry of Communications has issued a hearing aimed at enabling IBC to provide Internet services to private and medium-sized business customers. Today, the company operates in a...

approved: compensation for investors in "Shemmen" case will amount to NIS 3.375 million instead of 60 million

Posted on Jan 13, 2020 by Ifi Reporter

Tel Aviv District Court's Economic Department approved a settlement in a class action lawsuit filed against former chief of staff and former oil and gas "Shemen" company chairman...

Minister Ze'ev Elkin ousted Mayor Tiberias Ron Koobi

Posted on Jan 13, 2020 by Ifi Reporter

Minister Ze'ev Elkin ousted Mayor Tiberias Ron Kobi, who was the focus of public outbursts. He said that for a few days he examined the professional rationale for failing to approve the...

On average, 3.5 contestants competed for every job in the economy in the third quarter

Posted on Jan 13, 2020 by Ifi Reporter

On average, 3.5 contestants competed for every job in the economy in the third quarter of 2019. According to data published by the Central Bureau of Statistics (CBS). This is an increase compared...

the government will simplify fee payment processes and eliminate out-of-date fees

Posted on Jan 11, 2020 by Ifi Reporter

Prime Minister Benjamin Netanyahu will this morning approve the government's plan to improve the system of government fees, in order to reduce the regulatory burden on the public and business...

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Newsline

Elbit won a huge contract from the Australian Army in the amount of about 600 million dollars

Feb 26, 2024 by Ifi Reporter

Elbit won a huge contract from the Australian Army in the amount of about 600 million dollars, to supply systems to the Hanwha Defense Australia company for the Land 400 Phase 3 project. The project is designed to provide the Australian Army with about 450 new-generation tracked APCs, which... Continue reading →

Government Salary Gender Gap Narrows Slightly in 2022 New Agreement Aims for Further Improvement

Feb 26, 2024 by Ifi Reporter

  According to the latest reports from the Ministry of Finance's Salary Commissioner, the average gross salary in government offices for 2022 stood at NIS 18,029 per month. However, a notable gender disparity persists, with women earning approximately 17% less than men on average,... Continue reading →

Finance Committee of the Knesset has approved an increase in Israel's Value Added Tax

Feb 22, 2024 by Ifi Reporter

In a move to address the significant deficit in the state budget, the Finance Committee of the Knesset has approved an increase in Israel's Value Added Tax (VAT) rate from 17% to 18%, effective January 1, 2025. This decision marks the first adjustment to the VAT rate since 2015 when it was... Continue reading →


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