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Minister of Finance Bezalel Smotrich might stop customs duty on the import of milk
Posted on Jul 2, 2023 by Ifi Reporter
The Minister of Finance, Bezalel Smotrich, published for public comment an order temporarily canceling the customs duty on the import of Niger milk, due to the shortage on the supermarket...
Price of electricity is expected to decrease by 3%-4% in August or September
Posted on Jul 2, 2023 by Ifi Reporter
The price of electricity is expected to decrease by 3%-4% in August or September. This is despite the fact that the electric company opposes the discount. This coming Thursday, the Ked...
Compromise: Harel Insurance will pay NIS 4.8 million to 16,000 Shirbit customers hurt by Cyber attack
Posted on Jul 2, 2023 by Ifi Reporter
Compromise in representations filed by consumers in the case of the cyber attack and the leaking of documents at Shirbit Insurance Company (now, R.P.E. Global): The Harel Insurance Company, which...
General Motors purchases the assets of the Israeli battery start-up Algolion from Rehovot
Posted on Jul 2, 2023 by Ifi Reporter
The automobile company General Motors (GM) announced on Friday the purchase of the assets of the Israeli battery start-up Algolion from Rehovot. The amount was not reported, but it is a small...
Bank IVC: Israeli high-tech companies raised $1.78 billion in the second quarter of 2023
Posted on Jul 1, 2023 by Ifi Reporter
The Israeli high-tech industry suffers from two pincer movements that work against it. On the one hand, the high and rising interest rates in the world (and in Israel) cause venture capital...
New York is suing the controlling owner of El Al Kenny Rosenberg for misappropriating welfare funds in the amount of 83 million dollars
Posted on Jun 29, 2023 by Ifi Reporter
The state of New York is suing the controlling owner of El Al, the Israeli-American businessman Kenny Rosenberg, and the vice chairman of the board, Darrell Hegler, for misappropriating welfare...
The Ministry of Energy will announce the final price, which will probably remain around NIS 6.85
Posted on Jun 28, 2023 by Ifi Reporter
Finance Minister Bezalel Smotrich published for public comment another order to reduce the tax on fuel, according to which it will stand at 38 shekels until the end of July, after it stood at 54...
"The plunge in investments in Israeli high-tech companies continues": Israeli high-tech companies raised $1.78 billion
Posted on Jun 28, 2023 by Ifi Reporter
The plunge in investments in Israeli high-tech companies continues, according to preliminary data in a report issued by Leumitech (the high-tech banking arm of Bank Leumi) and the IVC company....
Mizrahi Tefahot Bank will grant an annual interest rate of 2% to customers whose accounts have a positive balance
Posted on Jun 28, 2023 by Ifi Reporter
Mizrahi Tefahot Bank has decided that it will grant an annual interest rate of 2% to customers whose accounts have a credit balance of up to NIS 25,000 in the current account, and whose total...
Supreme Planning Council in the Civil Administration approved today to advance the construction of more than 5,600 housing units in the settlements
Posted on Jun 27, 2023 by Ifi Reporter
The Supreme Planning Council in the Civil Administration approved today to advance the construction of more than 5,600 housing units in the settlements, more than a thousand of them in the Ali...
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