News

Dramatic Shifts in Second Round of Local Elections: Yahav wins in Haifa

Posted on Mar 11, 2024 by Ifi Reporter - Dan Bielski

In a surprising turn of events, the second round of local elections has brought about significant changes in several municipalities across the country. After two weeks of anticipation following...

Cal profits decreased in the fourth quarter of 2023 by 36% to NIS 26 million

Posted on Mar 11, 2024 by Ifi Reporter - Dan Bielski

The war of iron swords that started at the beginning of the fourth quarter gave its signals on the results of the credit card companies. The company's profits decreased in the fourth quarter...

Economic Committee to Debate Bill Prohibiting Price Increases During Wartim

Posted on Mar 6, 2024 by Ifi Reporter - Dan Bielski

The battle against price hikes in the food industry is set to take center stage once again as a bill is brought before the Economic Committee on Wednesday. Competition Commissioner Adv. Michal...

Families and Supporters Rally in Jerusalem for Return of Abductees Road Blocks in Tel Aviv

Posted on Mar 2, 2024 by Ifi Reporter - Dan Bielski

In recent days, families of abductees and thousands of supporters converged on Jerusalem, culminating in a large rally calling for the return of the abducted individuals. The demonstration,...

Two Israelis have been Killed in West Bank Gas Station Shooting

Posted on Feb 29, 2024 by Ifi Reporter - Dan Bielski

In a tragic incident today, two Israeli citizens lost their lives in a shooting attack at a gas station near the entrance to the Ali settlement in the West Bank. The victims have been identified...

ICL Navigates Challenges in 2023 - Eyes Stabilization and Growth in 2024

Posted on Feb 28, 2024 by Ifi Reporter - Dan Bielski

Israel Chemicals Ltd. (ICL) faced a tumultuous year in 2023, encountering various challenges across its sectors. However, amidst difficulties, signs of stabilization in the potash market emerged,...

Knesset Extends Age of Exemption from Reserve Service Amid Controversy

Posted on Feb 28, 2024 by Ifi Reporter - Dan Bielski

Knesset has approved a bill to raise the age of exemption from reserve service, passing it in second and third readings as part of a temporary order. The proposal garnered support from coalition...

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

Posted on Feb 26, 2024 by Ifi Reporter - Dan Bielski

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...

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

Posted on Feb 26, 2024 by Ifi Reporter - Dan Bielski

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...

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

Posted on Feb 22, 2024 by Ifi Reporter - Dan Bielski

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%,...

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