Popular Articles
Category: Law
The hacker group Pay2Key, which is suspected to be linked to Iran, released a database on Sunday evening that it said was stolen from the computers of IAI's Elta Division. The aerospace industry said the issue was under investigation. At least some of the names on the list do belong to Elta employees. For example, one employee whose name appeared on the list even appeared before a committee in the Knesset and whose name was published in the minutes of the same committee that is available on the Internet. The Iranian hacker group has already revealed last week that it has managed to break...
Dec 20, 2020
Category: Real Estate
The average mortgage amount given by the banks to the public decreased in June by about 0.7%, to NIS 988,000 compared to NIS 995,000 in May of this year. In June, banks made 12,024 mortgages and marketed a total of 11.9 billion shekels - according to data published by the Bank of Israel. The decrease in the average mortgage amount occurs at the same time as the decrease in apartment sales and the stagnation in the increase in the volume of mortgages in recent months, after the record recorded in March of this year - NIS 13.4 billion. The decrease in the amount of the mortgage does not...
Jul 25, 2022
Category: Law
Attorney General Avichai Mandelblit informed the High Court that the loan received by Prime Minister Benjamin Netanyahu from his cousin, the American businessman Natan Milikovsky, in the amount of $ 300,000, is a prohibited gift. This is after the ombudsman ruled two years ago that this is a gift that requires the approval of the permits committee. The ombudsman explains the change in position in exposing the business ties between Netanyahu and Milikowski in the stock affair, which the ombudsman decided to close in October. A decision published on Tuesday evening in response to a petition...
Jan 26, 2021
Category: Banking
In a response to the recent conflict in the Gaza Strip, two major Israeli banks have unveiled plans to provide relief to homeowners located in areas near the border. Bank Hapoalim and Mizrahi Tefahot Bank are offering mortgage payment exemptions to residents affected by the hostilities, in addition to the broader outline provided by the Bank of Israel earlier this week
Oct 20, 2023
Category: Politics
The government approved tonight in a telephone poll the extension of regulations prohibiting demonstrations more than a kilometer from the place of residence until October 13. This is only about a quarter of an hour before it expires. In addition, restrictions on trade activities and gatherings have been extended, including in prayers or religious ceremonies. It will be interesting to see if extending the restrictions will prevent demonstrations across the country. So far, restrictions have prevented major demonstrations in Paris Square near the prime minister's residence but have led to...
Oct 8, 2020
Category: Real Estate
The housing market is boiling: According to a survey by the chief economist at the Ministry of Finance, Shira Greenberg, 14.1 thousand apartments were purchased in August alone, the highest level since the historic record in June 2015. This is a 31% increase compared to August last year and an 8% increase compared to last July. It should be noted that the level of transactions in August 2020 was high in itself against the background of a jump in investor purchases, after the purchase tax was lowered at the end of July that year. The survey shows that investors bought about three thousand...
Nov 3, 2021
Category: Health
The Teva Company announced that it has decided to appoint Richard Francis as President and CEO of the company. The appointment will take effect on January 1, 2023. In order to ensure an orderly transition of the position of CEO, the members of the Board of Directors together with outgoing CEO Kor Schultz decided that He will finish his term at the end of December 2022
Nov 21, 2022
Category: Politics
Confrontation within the Likud at the top of the government: Finance Minister Israel Katz sharply criticized the closure policy led by the Ministry of Health with the support of Prime Minister Benjamin Netanyahu. In internal finance ministry discussions on formulating an economic assistance program for the self-employed and unemployed, the minister said: "I will not let millions of people sink into despair and disgrace from hunger because of wrong decisions by the Ministry of Health to close the economy indiscriminately and without any health justification
Oct 7, 2020
Category: Capital Market
In the first half of August, the sixth month of the corona crisis, the consumer confidence index rose, referring to the expected change in the economic situation in the country in the coming year. Consumers do not seem to be considering the possibility of another closure this time and a predicted outbreak of the flu pandemic ahead of winter. Data released by the Central Bureau of Statistics (CBS) shows that in the first half of August, the balance sheet relating to the expected change in the economic situation in the coming year rose to 29, compared with 45 in the second half of July and 40...
Aug 19, 2020
Category: Government
The cessation of train traffic between Hadera and Herzliya from Wednesday night until Sunday morning significantly affected the northern residents who work in the center of the country, who had to decide this morning whether to fight traffic jams or stay home. Many residents complained about the situation, claiming they were under siege. The closures of Netanya, Netanya-Sapir, Beit Yehoshua and Caesarea-Pardes Hana are being carried out as part of an annual maintenance program, which will include upgrades and replacements of parties and devotees, whose job is to divert the train from one...
Nov 28, 2019
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