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Government Approves NIS 9 Billion Aid Program for Reservists in 2024 Budget
Posted on Jan 7, 2024 by Ifi Reporter
The government has given the green light to a comprehensive aid program for reservists, amounting to NIS 9 billion. While parts of the plan await final approval in the 2024 budget, immediate...
Record-Breaking Bond Issue Reflects Market Confidence in Israel's Financial Stability
Posted on Jan 5, 2024 by Ifi Reporter
In a historic move, the Accountant General's Division at the Ministry of Finance successfully completed a record-breaking bond issue in the local market, amounting to a staggering NIS 4.4...
DF Launches Investigation into October 7 Incident and Gaza War, Led by Former Defense Minister Shaul Mofaz
Posted on Jan 4, 2024 by Ifi Reporter
In a significant development, the Chief of Staff, Major General Hertzi Halevi, has taken decisive action by initiating a comprehensive investigation into the events of October 7 and the broader...
Encouraging Signs of Labor Market Recovery Amidst Gaza War Challenges
Posted on Jan 3, 2024 by Ifi Reporter
In a positive turn of events, the Israeli job market is displaying signs of recovery, with increasing numbers of individuals returning to work after a challenging two and a half months since the...
Government Unanimously Approves Postponement of Local Authority Elections by Four Weeks
Posted on Dec 31, 2023 by Ifi Reporter
In a unanimous decision, the government has sanctioned a four-week delay in the upcoming local authority elections, pushing the date from January 30, 2024, to February 27. The move was prompted...
Bank of Israel Halts Dollar Sales as Shekel Strengthens; Exporters Face Challenges Amid Economic Shifts
Posted on Dec 30, 2023 by Ifi Reporter
Bank of Israel announced a cessation of foreign currency sales in November 2023, as the shekel experienced a notable strengthening trend. The foreign currency balances at the end of the month...
Government Companies Authority Director Resigns Amidst Struggles with Minister Amsalem
Posted on Dec 30, 2023 by Ifi Reporter
Michal Rosenbaum, the Director of the Government Companies Authority, has submitted her resignation to Prime Minister Binyamin Netanyahu, citing her inability to perform her duties properly. The...
Israeli Businessman Abramovich Files Lawsuit Against Mizrahi Tefahot Bank Over Blocked Donation to Zaka Organization
Posted on Dec 27, 2023 by Ifi Reporter
In a legal battle that has unfolded in the midst of the ongoing conflict in Ukraine, prominent Israeli businessman Roman Abramovich, alongside the Zaka organization, has initiated legal...
Israeli Economy Shows Resilience Amidst Challenges: CBS Reveals Revenue Trends
Posted on Dec 27, 2023 by Ifi Reporter
Central Bureau of Statistics (CBS) unveiled the revenue indices reflecting the economic performance of various sectors in Israel. The data, covering the period from August to October of the...
Government Unveils "Recruited for Reserves" Program: NIS 9 Billion Aid Package for Reserve Servants and Families
Posted on Dec 27, 2023 by Ifi Reporter
In a significant move aimed at supporting reserve soldiers and their families affected by the ongoing conflict, Finance Minister Bezalel Smotrich and Defense Minister Yoav Galant unveiled the...
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