Popular Articles

David Ignatius, veteran diplomatic and security commentator for The Washington Post, expressed cautious optimism yesterday regarding the escalating situation in the Middle East. Relying on American and Israeli sources, Ignatius suggested that there remains a possible way out of the current conflagration. According to him, the Biden administration has managed to deter Iran from launching a widespread attack on Israel, and Israeli Prime Minister Benjamin Netanyahu is showing signs of flexibility on the ceasefire agreement and hostage deal with Hamas. The unknown variable remains Hezbollah,...

The aerospace industry will take part for the first time in the world air exhibition that will be held in Bahrain. At the prestigious exhibition, which will be held between November 9 and 11, IAI will present its range of developments that reflect the forefront of technology, including products for civil aviation, radars, air defense systems, coastal defense and defense systems using drones. The advanced systems of the aerospace industry will be displayed in the impressive pavilion that the company will build, which will mark 70 years of expertise and innovation. This is the first time an...

Pepper, the digital bank from Beit Leumi, received official approval from the Bank of Israel this weekend to allow its customers to trade in virtual currencies. The service, which was announced about six months ago, will be available to customers through the Pepper INVEST capital market trading application and is expected to be launched within the next month, when the waiting list for the service will open in the coming days. In addition, in the future the service is expected to be extended to Bank Leumi customers as well

U.S. President Donald Trump's special envoy, Steve Witkoff, is en route to the region as negotiations intensify over a proposed ceasefire and hostage release deal between Israel and Hamas. State Department spokeswoman Tammy Bruce confirmed Tuesday evening that Witkoff is traveling to Europe first and may head to Doha “depending on developments

The Water Authority Board announced today (Thursday) that it is putting to a public hearing the increase in water rates for domestic consumption by approximately 3.5% starting in January 2023, among other things following a sharp increase in electricity prices and a 2% increase in the price index. This is alongside the increase in investments in the water sector in Israel. A final decision will be made in December. According to the proposal, the rate for a known quantity (the low rate) will be NIS 7.874 per cubic meter from January (instead of NIS 7.608 per cubic meter) and the rate for...

State President Yitzhak Herzog said on Monday in his speech at the 27th Climate Conference that "the Middle East is on the brink of disaster." At the conference, held this year in Sinai, Egypt, Herzog said that "Here in Sharm el-Sheikh, I would like to repeat the firm commitment of the State of Israel to zero carbon and to transition from fossil fuels to renewable energy by 2050. But Israel is ready to take on a much heavier responsibility. Israel is right to lead the effort for Regional climatic resilience. I intend to lead the development of what I call a 'renewable Middle East', a...

IDE Technologies won the tender for the construction of the seventh desalination plant in Israel, which will be located in the Western Galilee near Nahariya. IDE will build the plant and operate it for 25 years. The state will pay NIS 1.75 per cubic meter, a significantly lower price compared to previous tenders. The facility is expected to discharge approximately 100 million cubic meters of water per year, so the IDE Group's revenues from the facility are expected to reach nearly NIS 180 million per year. Another achievement in the tender is the installation of a pipeline several...

The government has authorized the transfer of NIS 165 million to support Torah institutions, resulting in a significant increase in the scope of coalition funds by an additional NIS 145 million. The total amount of coalition funds for 2023 is now expected to reach 5.8 billion shekels, surpassing the budget initially announced in February during the preparation of the government's budget