Popular Articles
Category: Government
The State Comptroller found in a very serious report that the Water Authority did not properly manage and caused a shortage of water that is not the result only of years of shortage of rainfall. The State Comptroller's report indicates that the lack of sustainable planning of the water sector and its failed management by the PA have once again put the water sector in crisis. Among other things, the Water Authority, according to the comptroller, allowed the water level of the Sea of Galilee to fall below the lower line, which could cause irreparable damage to the water source
Oct 23, 2018
Category: Hitech
Google has started operating its servers in Israel and Partner has already started gradually connecting its customers to the company's servers, mainly DNS servers. This means: connecting to a local server and not to the servers abroad that the providers use today, which allows faster access to websites and applications (but not a higher browsing speed) as well as less congestion during peak hours. That is, the consumer will enjoy faster updates now, than through the Internet provider His
Oct 17, 2022
Category: Health
Hundreds of thousands of citizens accepted the drug basket committee's decision, and while for some it was joyous news - many others were disappointed. The 750 medical labels in which dozens of treatments, technologies and medicines were rejected by the committee with a heavy heart compared to the introduction of 141 labels. The choice was taken into account in the limited budget - NIS 500 million - through which they had to choose from the best treatments for as many citizens as possible. This is similar in scope to previous years - but less than they wanted in the basket committee and...
Jan 17, 2020
Category: Hitech
The Israeli cyber company Tufin has announced that it will be sold to Turn / River Capital - an investment company that focuses on investments in software companies - at a value of $ 570 million, which is about 60% higher than the company's current value. Shares of Tuffin soared 40% in early trading on Wall Street, to $ 12.8. Tufin shareholders will receive $ 13 in cash per share, a 44% premium to the company’s share price last night at the close of trading on Wall Street. According to the agreement, in the coming month, until May 5, there will be a period of "go-shop" - that is, Tufin...
Apr 7, 2022
Category: Government
The Authority for Consumer Protection and Fair Trade announces its intention to issue an administrative order to stop the violation to the three soft drink companies that dominate the category - the Central Company for the Production of Soft Drinks Ltd., Tempo Beverages Ltd., Yapaura-Taburi Ltd. The companies must return the price to its original value immediately As the price increases and cancel the planned price increase
Jun 21, 2023
Category: Financial
The Bank of Israel has reported a staggering loss of over $2 billion in August, stemming from its management of Israel's foreign exchange reserves. The losses have raised concerns about the central bank's investment strategies, prompting questions about the stability of the nation's financial assets
Sep 7, 2023
Category: Capital Market
The World Bank's annual Doing Business report shows that Israel has jumped 14 places and ranks 35th out of 190 countries. Last year, Israel was ranked 49th and within two years nineteen places rose. In 2018, the Accountant General under his responsibility received the concentration of handling of the Doing Business Index. This is a global indicator of the ease of doing business in different countries, vis-à-vis the World Bank and government offices. This is a direct follow-up to the recommendations of the Inter-ministerial Committee for the Improvement of the Business Environment appointed...
Oct 24, 2019
Category: Hitech
Ceragon Networks announced that a Tier 1 mobile operator in Latin America is taking another step in expanding and densifying its 4G network in multiple countries in Latin America with Ceragon. Ceragon is providing the operator with network design, rollout and optimization services using the company's complete IP-20 Platform portfolio. The operator will leverage Ceragon's millimeter-wave network densification solutions, along with microwave backbone solutions to address substantive increases in capacity claims. So far in 2019, orders placed in support of this project total over $ 14 million,...
Apr 25, 2019
Category: Health
A rare flight from the United Arab Emirates arrived in Israel on Tuesday night, carrying medical equipment to help Palestinians fight the coronavirus pandemic. The landing was confirmed by state-run news agency WAM. The Etihad Airways plane was scheduled to land shortly before 10 p.m. at Ben Gurion Airport near Tel Aviv, Airports Authority spokesman Ofer Lefler said. While Israel and the UAE have had diplomatic relations, ties between them have warmed in recent years, largely over a shared distrust of Iran. Still, there are no publicly known flights between the countries. The plane...
May 20, 2020
Category: Health
In a highly contentious session at the Israeli Knesset, the controversial "reason for reasonableness" law, proposed by Justice Minister Yariv Levin, has been passed on second and third readings with a majority of 64 Knesset members in favor and no opposition. The law's passage marks a significant milestone in what Levin describes as a "legal revolution" plan
Jul 24, 2023
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