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On Friday, the Tel Aviv District Court approved the continuation of the construction work of the light rail system in Bnei Brak on shabat, one of the holiest days in Jewish calender. The court decided that the work was necessary and that the lack of it could endanger lives. On Friday evening, tens of thousands of ultra orthodox trligious residents of Bnei Brak held a mass prayer to protest. Police say several demonstrators tried to break into the light rail construcyion site but were stopped by police

The Aeronautics deal was approved by the government. The Social Economic Cabinet, led by Finance Minister Moshe Kahlon, approved the deal in which Rafael government company and businessman Avihai Stolero bought Aeronautics for NIS 850 million. The Aeronautics Group is an Israeli company engaged in the development and production of intelligence-based, unmanned systems solutions for the international security market. The company's center is in Yavne. Following the transaction, Aeronautics' stock will be deleted from the stock exchange and will become a private company. The aerospace...

In a recent report from the Chief Economist Division at the Ministry of Finance, November 2023 witnessed a partial rebound in housing market activity compared to the previous month. However, the numbers remain alarmingly low, marking the lowest level of transactions recorded in November over the past two decades

The highest payed in government companies in 2018 was Rafael's CEO, Yoav Har Even, with gross salary of NIS 113,127 a month, followed by CEO of Electric Company Ofer Bloch with gross monthly salary of NIS 97,365. This is according to the annual report released this morning by the CEO of the government corporation, Yankee Quint, which includes 49 government companies. Other notable highlights: CFO of the aerospace industry earned NIS 94,380, chief labor officer at Haifa Port earned NIS 86,629, CEO of Aerospace Industries earned NIS 82,583 and a router at Ashdod port earned NIS 78,744 in...

The Supreme Court ruled Sunday that opposition leader Binyamin Netanyahu will be required to return money given to him and his wife by his cousin Natan Milikovski to finance their legal expenses during his tenure as prime minister. The Supreme Court explained that these funds were given in violation of the Public Service Law - known as the "Gift Law" - and therefore Netanyahu must return to the estate of his late cousin $270,000 out of the $300,000 he received from him

The Ben & Jerrys affair, the ice cream maker that announced Monday that it will not sell its products in the territories, caused a great deal of controversy throughout Israeli politics. However, the company's original decision was even more decisive. According to an NBC report, the intervention of Unilever, the giant corporation owned by Ben & Jerrys, softened the statement. Yesterday, the company announced that it would stop selling ice cream in the occupied territories, and that it would not renew its franchise agreement, under which an Israeli company manufactured the ice cream at a...

After four years of research funded by the Ministry of Science and Technology, researchers at the Migal Institute of Coronary Virus Vaccine (IBV) developed successfully in preclinical trials and genetically modified for the corona virus vaccine. Minister of Science and Technology Ophir Akunis welcomed the new revelations of the study: "Hope and believe there will be further progress soon." Minister Akunis instructed his office manager to quickly promote possible collaborations that would enable vaccines for humans as soon as possible