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A week after returning to the Ministry of Communications, the current Minister, Yoaz Handel, signed a reform that put an end to the split between the supplier and the infrastructure in the Internet market. It means for consumers to create one and only one writer to purchase the services as well as to troubleshoot. The reform, which will take effect at the beginning of next year, is intended to put an end to the phenomenon of "throwing responsibility" between ISPs and infrastructure owners over malfunctions in an effort to raise the standard of service in the industry. It is also expected...

The Ministry of Transport has started operating a dedicated travel lane for private cars that travel more than one passenger. The project was announced three weeks ago under the name "Path Plus", under which Route 2 was specially trained for a 22-kilometer route, between the Netanya interchange and the Galilee interchange, in both directions, where public transport and vehicles with at least two passengers (driver and passenger) will be allowed. At the same time, on Route 20, a special route for public transport and private vehicles with at least three passengers (driver and two passengers)...

Symantec announced the acquisition of Luminate Security, an Israeli start-up that develops a platform for secure access to enterprise applications in a single-value connection. According to estimates, the scope of the transaction is more than 200 million USD. Lumenate was founded by experienced entrepreneurs. The company's CEO, Ofer Samadry and, Leonid Belkind and Eldad Livni former Check Point's employees. until recently the Israeli company raised $ 14 million. Luminate has 40 employees in Israel and in the UD

About 1,500 people came to demonstrate Saturday night near the prime minister's residence in Jerusalem, on the evening of the last Saturday before the expected inauguration of the new government. The demonstrators came to the weekly demonstration in Paris Square as part of a protest against Netanyahu. The designated prime minister, Naftali Bennett, said in a press release: "This is not the time for demonstrations and provocations. I call for Netanyahu and his family to be treated with respect." In another demonstration held by the organization of black flags at the Nahariya junction, a man...

The Supreme Court today (Wednesday) shortened the sentence of the former Deputy Minister of the Interior, Faina Kirschenbaum from ten to seven and a half years in prison. Kirschenbaum was convicted of bribery, fraud and breach of trust in the Israel Beitenu case. In addition to this, the judges also shortened the sentence of Rami Cohen, the former director general of the Ministry of Agriculture who was convicted in the case of accepting bribes and other crimes - from 30 to 18 months in prison

El Al Airlines has released its financial results for the second quarter of 2024, showcasing an outstanding performance that aligns with earlier projections and underscores the airline's robust recovery and growth trajectory. The company reported revenues of approximately $839 million, marking a significant 33% increase from the $630 million recorded in the same quarter last year. This surge in revenue is attributed to a $29 million boost in cargo operations and strong passenger demand

Bank of Israel Governor Amir Yaron and Bank Supervisor Yair Avidan granted a bank license and permits to control the bank - which will be called Ash Israel Bank. Bank entrepreneurs Yuval Aloni, Nir Tsuk, Alex Liberant and Alon Shay received the permit. Prof. Shmuel Hauser, former head of the Israel Securities Authority, will serve as chairman of the bank. This is the second license given to a new bank in the system within a period of three years. The receipt of the control permits and the conditional bank license will allow the entrepreneurs to move forward and complete the mechanical,...

In response to public concerns over a potential 12% increase in public transportation fares, the Israeli Ministry of Transportation and the Ministry of Finance collaborated on a comprehensive plan aimed at eliminating the price hike and encouraging greater usage of public transport. The multifaceted reform, spearheaded by Minister of Transportation and Road Safety Miri Regev, seeks to promote "transportation justice" and provide significant discounts to various segments of Israeli society