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In an abrupt change, the price of fuel in Israel skyrocketed overnight by 28 shekels per liter, reaching a staggering NIS 7.22 per liter for Octane 95. This surge comes after a decision made at noon in a Ministry of Finance meeting to not extend the discount on the current price, effectively ending a fuel subsidy through tax reduction that lasted for a year and a half

As negotiations over a proposed hostage deal with Hamas continue through Qatari and Egyptian mediation, Israel is preparing for a renewed military push into Gaza City. The government has ordered the early mobilization of IDF reserve forces, signaling its intent to proceed with a phased ground operation while leaving space for diplomatic progress

The telecommunications and cable company HOT concluded the third quarter of 2019 with revenue stability, crossing the threshold of one million customers in stationary products. This is according to reports by Patrick Drehi's Altice Europe Altice Europe company, which controls the HOT. Quarterly EBITDA fell 14% year-on-year to € 93 million, which also includes TAT ​​- Altis's technician company in Israel. The company's revenues in the third quarter were € 246 million, down 1.6% on the same quarter. The company noted that the decline was due to continued competition in the company's...

On the occasion of the 70th anniversary of the establishment of the State of Israel, the leaders of the industry were presented as part of a festive event at the President's Residence in Jerusalem and in the presence of President Reuven Rivlin. The award was awarded to Stef Wertheimer, Yossi Vardi, Dan Propper, Sami Sagol, Maxine Fassberg, Yehuda and Zohar Zisapel, Giora Ackerstein, Rim and Imad Yunes, Shimon Eckhaus and Morris Kahn. The award is intended to express the appreciation of Israeli society to industry leaders who have contributed significantly to the development of Israeli...

Six Israeli start-ups, presenting innovative technologies in the areas of health, agriculture and water, have reached the final stage of the ibridge to the innovation program of Israel-India, launched during the mutual visits of Indian and Israeliprime ministers over the past year. The six companies were selected from 18 Israeli companies that presented their technologies to Israeli and Indian company directors and investors at the Demo-Day event last week at the Urban Place in Shalom Tower in Tel Aviv.

Intel contributes to the fight against the Corona virus and launches a new program under which every dollar donated by an Intel employee will generate another donation from the Intel Foundation up to a maximum of $ 2 million in employee contributions. In total, Intel seeks to raise $ 4 million for donations to fight Corona. The financial donation is for nonprofits operating in the health, education and welfare sectors. Here in Israel, donations have been selected, according to the Intel Foundation, NGOs: MDA, for Strengthening Teams The medical through the provision of protective equipment...