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The train will return to activity on Monday morning after months of disabling, since the Corona virus erupted. The opening is made possible after the decision of the Corona Cabinet last week, which approved the opening after several rejections. The opening of the train has become imperative, as the economy has returned to activity, traffic jams have increased without a proper public transport alternative, and the need for an effective mobility solution has become critical for the public. The train was run this past week and drafted a plan to run it, under new health ministry restrictions....

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

The rate of average wage increase in the economy is starting to accelerate. In August, the average wage in the economy for Israeli workers reached NIS 12,258 per month - a nominal increase of 4% compared to August 2021. For comparison, in July the rate of the wage increase was moderate and reached a level of 3.4% per year. This is according to the wage and income data in the economy published today (Thursday) by the Central Bureau of Statistics (CBS). The Central Bureau of Statistics today also publishes partial data regarding the forecast of the average salary in the economy in September,...

The Israel Innovation Authority published its annual report today, summarizing the state of the country's high-tech sector since the outbreak of the Iron Swords War on October 7. The report highlights concerning trends, including a slowdown in recruitment, changes in the industry’s workforce composition, and declining attractiveness to foreign investors

The program for projects that promote energy efficiency and reduce greenhouse gas emissions will be launched on Wednesday for the third time, with the cooperation of the Ministries of Economics and Industry, Energy, Environmental Protection and Finance. As part of the plan, an additional NIS 66 million will be allocated to entrepreneurs, industrialists and local authorities who will choose to optimize energy consumption and reduce greenhouse gas emissions, as part of Government Decision 542 ("Reducing Greenhouse Gas Emissions and Streamlining Energy Consumption"), At a rate of at least 17%...

Renewable energy company Enlight, managed by Gilad Yavetz, has signed an agreement to acquire 90.1% of the shares of the American company Clenera for up to $ 390 million - that is, at a company value of up to $ 430 million. The founders of the acquired company, its CEO and VP of Operations, will continue to hold 9.9% of Clinara shares and remain in office. The final consideration that Analyte will pay is conditional on the milestones of the development of the photovoltaic asset portfolio owned by the acquired company, and the continued tenure of the CEO and VP of Operations for a period of...

The Hertz Car Rental Company has applied for credit protection and liquidation protection, also called for bankruptcy. Hertz announced that it could not pay its debts totaling eighteen billion and seven hundred million dollars, with only $ 1 billion remaining. The announcement does not include company branches outside the United States and they will continue to operate normally. The Hertz branches also continue to operate for the time being. Outgoing CEO Catherine Marinello announced that no company can continue to rely on a situation where it has no revenue The Corona epidemic caused...

After last week's devastating attack on Cyberserv's servers and the disclosure of details from the Atref website: A denial of service (DDoS) attack shut down the DNS service of the Israeli company Domain the Net, which is one of the domain name registers (early evening). Domains) The largest in the country for co.il addresses on behalf of the Israeli Internet Association. According to many complaints from the company's customers who also came to us, many sites, estimated by several thousand, began to experience access issues and stopped receiving emails. As far as is known, this is not an...

After endless discussions between the Ministry of Finance and the Ministry of Public Security, the government approved the export of medical cannabis from Israel. This is the approval of a draft resolution proposed by Minister of Finance Moshe Kahlon to export cannabis products to countries where use is permitted. The decision was approved only after the Ministry of Finance and the Ministry of Public Security reached an agreement, in which the police budget for enforcement of the field will increase in accordance with the expansion of cannabis production in Israel and after the completion...

On Sunday, the OECD released a new report on ways to reduce the congestion of traffic in Israel. In recent months, the issue of congestion fees has returned to public discourse, and as the new Transport Minister at Bezalel advances steps to reduce road congestion in favor of public transport, the new report provides insights and conclusions about the effectiveness of the block toll systems and their use in various cities around the world, In Milan, Singapore and Stockholm congestion fees have significantly reduced the load, and New York is now also planning a similar program