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The economic and bureaucratic situation of the State of Israel is not encouraging: The 2018 World Economic Forum's (WEF) 2018 International Competitiveness Index reveals that Israel has fallen to 20th place in the International Competition Index from 16th place in the past year. This is a new competitive index - GCI 4.0, which includes weights and other parameters that were not taken into account in past indices. The top five places in the new competitiveness index were the United States, Singapore, Germany, Switzerland and Japan respectively, while the last and least respected (140) in the...

Legislative amendment to fight construction accidents is expected to receive a green light from the Justice Department soon. This memorandum of law will allow the Ministry of Housing to revoke a license from a contractor whose site caused a fatal accident that resulted in death The bill will include a work stoppage on all contractor job sites. The bill's memorandum, drafted by Construction and Housing Minister Yifat Shasha-Biton (all of us), is already provoking anger among contractors who fear the severe crackdown. According to estimates by officials, the Justice Department is expected to...

2019 will continue the downward trend in construction starts. Although in the first three quarters of the year construction starts were 4% higher than those recorded in the corresponding three quarters in 2018, the data is very far from the 2016 peak data, according to the Central Bureau of Statistics (CBS) data released today. Following much criticism of major updates on construction startup publications, the CBS changed its flow rate, and as of January 2019, they are based on the Bureau's Field Survey only, as opposed to previous years, so comparing 2019 data to its predecessors is a...

Allenby Street, one of the bustling thoroughfares in Tel Aviv, has been shut down to vehicular traffic for an anticipated four and a half years, commencing this Friday morning. The closure is a pivotal step in the ongoing development of the purple line of the city's light rail system, with the long-term vision of transforming this segment into a pedestrian-friendly zone. However, the move has sparked frustration and apprehension among local residents and business owners who are apprehensive about the potential impact on their livelihoods

The senior academic staff at seven public academic colleges stopped his five-week strike. The strike was halted following agreements reached with the assistance of the president of the Jerusalem Regional Labor Court. The studies will be renewed at Sapir College, Hadassah, Holon Institute of Technology, Tel Aviv-Jaffa Academic College, Azrieli College of Engineering, Ruppin Academic Center and the Kinneret Academic College