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In 2018 there was a further decline in the number of decisions dismissing the bankrupt from their debts. In this year, 7,325 orders were issued by the courts exempting ordinary debtors from their debts, a decrease of 4% compared to 2017. In 2016, 6,587 such orders were issued. However, no similar "line" of declines was recorded in the companies' arena. During the year 2018, 1,207 dissolution requests were filed - a 2.3% increase in the number of liquidation requests compared to 2017. Among the companies that collapsed last year were Honigman, one of Israel's largest and most famous fashion...

Sightec announces a $ 2 million seed investment round from the "Sherpa" "InnoVentures" and "Playfair Capital" funds. The investment will be used to further develop a spatial orientation system based on computer vision and artificial intelligence. The system allows aircraft with full or partial autonomy to orient, navigate, land and perform complex tasks in real time at high accuracy, even when there is a communication limit such as GPS blocks. IAI is among the largest customers of the start-up company

A class action lawsuit has been filed and approved against the Phoenix insurance company for health insurance policies issued by 2016. The scope of the claim is estimated to be NIS 125 million. This is a class action request that was filed in June 2015 and dealt with how the insurance company used to compensate policyholders who used the supplemental insurance of their health insurance fund rather than private insurance. The period during which the claim is concerned is June 2012 to June 2015. By 2016, private health insurance policies included a mechanism that would incentivize...

The Labor party and "Gesher" with Orly Levy-Abekasis stwill unite with Meretz and the Democratic unity. They will run together in one left party for the 23rd Knesset. At the conclusion of a meeting at the home of Labor chairman Amir Peretz in Sderot, Labor chairman-Gesher Orly Levy and chairman of Meretz Nitzan Horowitz. They agreed to unite for the upcoming elections. "Peretz and Horowitz intend to emphasize the gospel of significant unification and the hope for political change that will be the social heart and political compass of the next government after the end of the Netanyahu...

Captain Noam Ravid, 23, from Shaare Tikva, and Sergeant Yahli Sharor, 20, from Omer, were killed on Saturday during an IDF operation in Rafah. The two soldiers, members of the elite Yahalam unit of the Combat Engineering Corps, were killed when an improvised explosive device (IED) detonated while they were clearing a booby-trapped shaft

Prime Minister Benjamin Netanyahu's leadership is under scrutiny after a fresh rocket barrage from Gaza resulted in injuries and damage in southern Israel. This marks the heaviest firing since the resumption of hostilities, with at least three individuals reported injured in Ashkelon. Despite the new violence, Netanyahu's immediate response focused more on internal political tensions than the ongoing threat from Hamas