News

the Bird Foundation noted an investment in 1000 Israel-US projects

Posted on Dec 20, 2019 by Ifi Reporter

The Bird Foundation, the Israel-US Biennial Research and Development Fund, held a recognition evening at the Peres Center for Peace and Innovation, which was attended by about 150 guests. As part...

approved: grants to 12 industrial establishments of over NIS 200 million

Posted on Dec 18, 2019 by Ifi Reporter

The Ministry of Economy and Industry approved grants to 12 industrial establishments with an investment of over NIS 200 million The Director of the Investment Authority at the Ministry of...

Egged Traffic will will shut down Thursaday all the company's lines for 4 hours

Posted on Dec 18, 2019 by Ifi Reporter

The Egged Traffic  union and drivers will shut down all the company's lines for four hours, from 5:00 to 9:00 am on Thursday. According to the company, among the lines that will be...

Cellcom CEO Nir Stern leaves the company and will be the Director of "Paz"

Posted on Dec 18, 2019 by Ifi Reporter

Detection Committee of the Board of Directors of "Paz" elected Cellcom CEO Nir Stern as CEO of the company instead of Yona Vogel. Cellcom's CEO met with Paz Chairman last night,...

tax authority arrested 2 Israelis due to information they held unerported bank accounts abroad

Posted on Dec 18, 2019 by Ifi Reporter

The tax authority has arrested two other Israelis following information it received on unreported bank accounts held abroad, the amount of which is NIS 77 million. The two were arrested as part...

The first satellite built by Elbit Systems was launched into space

Posted on Dec 18, 2019 by Ifi Reporter

The first satellite built by Elbit Systems was launched into space using an Indian missile. This is a tiny, tiny-weight satellite, built as part of a project initiated by the BIRD Foundation and...

Bank Hapoalim's PMI rose in November by 0.1%

Posted on Dec 17, 2019 by Ifi Reporter

Bank Hapoalim's PMI rose in November by 0.1 points to 8.52 points. Index rise in month The latter is largely a contribution from an increase in the export order component, which...

demand t of NIS 3.8 billion in the issuance of the Israeli Ports Bonds

Posted on Dec 17, 2019 by Ifi Reporter

High demand in the amount of NIS 3.8 billion was recorded in the institutional phase that took place in the issuance of the Israeli Ports Bonds (HNI), which establishes the southern port and the...

research: effluent used for irrigating vegetables contains 70 non-decomposing chemicals

Posted on Dec 17, 2019 by Ifi Reporter

Extensive research shows that the effluent used for irrigating vegetables and fruits contains about seventy non-decomposing chemicals, including those used in the pharmaceutical industry. The...

Minrav projects was sold to the Nakash brothers and Israel Canada for NIS 550 million

Posted on Dec 17, 2019 by Ifi Reporter

Minrav sells Minrav projects to the Nakash brothers and Israel Canada for NIS 550 million, which is a 5% premium on the market price that opened at NIS 524 million this morning. "Israel...

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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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