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State Comptroller's report: Israel fails to protect it's security and economic interests
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No plans, no manpower, no professional knowledge and no trust from the public - this is the bleak picture that emerges from the State Comptroller's report when it comes to dealing with the online crime law enforcement system (or cybercrime). According to estimates, in 2020 the global damage from cybercrime was about $ 6 trillion, and it is expected to reach $ 10.5 trillion by 2025. In Israel, the number of investigative cases dealing with cybercrime increased between 2016 and 2020 by about 250% to 8,821 Bags.

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May 10, 2022

Dor Alon which owns the AM:PM  has launched a new supermarket chain: Extra Market
1379 Views Details

The Dor Alon Group, which owns the AM: PM and Alonit mini-markets, has launched a new supermarket chain called Extra Market in the TLV mall in Tel Aviv. The chain places emphasis on pastries, meat and fresh fish, and this is an urban chain, but the group insists that the prices are fair. "We are not an expensive chain. This is not the concept, this is not the goal," the group's CEO Oded Golan told Ynet. "We have 12,000 numbers. We are not open 24/7 like AM: PM, and we are cheaper in my opinion than Shufersal Deal, and certainly good taste and mega in the city. "By the end of the year we...

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May 11, 2022

Israel filed a NIS 340 million lawsuit against Teva  for violating  intellectual property rights
798 Views Details

The State of Israel, through the State Attorney's Office, filed a NIS 340 million lawsuit against the Teva District Court for violating the state's intellectual property rights due to non-payment of royalties from the sale of Copaxone preparation in its renewed version for multiple sclerosis. The lawsuit was filed as part of the activities of the Civil Enforcement Unit of the State Attorney's Office, the Accountant General's Division of the Ministry of Finance and the Ministry of Health for the protection of state assets and rights, including intellectual property rights through civil law...

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May 11, 2022

"Israel is failing to integrate ultra-Orthodox and Arabs into the high-tech industry"
733 Views Details

The Innovation Authority today released its comprehensive report for 2022, which raises a number of issues that are of great concern to the local high-tech industry. The State of Israel is failing to integrate ultra-Orthodox and Arabs into the high-tech industry in significant numbers, despite investing tens of millions of shekels in efforts to integrate them into high-tech. According to the report, Israel ranks first in OECD countries in terms of R&D expenditure relative to GDP. In 2019, Israel first crossed the 5% threshold in this index, and in 2020 the figure was already 5.44%. On the...

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May 11, 2022

 strong winds hit the north of Israel: Damage to farmers is estimated at ten million shekels
556 Views Details

On the night between Saturday and Sunday (May 14/15), very strong winds hit the north of the country, reaching speeds of over 100 km / h in many areas, including the Hula Valley, the mountain area, and the southern Golan Heights, and Beit She'an Valley. "The damage to farmers is estimated at ten million shekels

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May 15, 2022

BANK LEUMI: PRIVATE CUSTOMERS WILL ENJOY AN ANNUAL INTEREST RATE OF 1% ON THE PLUS BALANCE
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Bank Leumi announces what it defines as a "unique and groundbreaking consumer move in the banking system": private customers with a current account at Leumi will enjoy an annual interest rate of 1% on the plus balance in the account - a significant benefit that does not exist in any other bank in Israel. The interest will be paid on a current account balance of up to NIS 10,000 to salary transfer customers with a mortgage at Leumi, or to salary transfer customers with a monthly transaction turnover of at least NIS 3,000 on a Leumi credit card or to salary transfer customers with a...

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May 16, 2022

First quarter of 2022: GDP contracted by 1.6% compared to the fourth quarter of 2021
549 Views Details

After the recovery from the corona crisis, which led to sharp growth in the Israeli economy, the data published indicate a contraction of 1.6% in GDP in the first quarter of 2022 compared to the fourth quarter of 2021, in annual terms (ie, the result would be . The decline is in contrast to some of the preliminary estimates, which predicted a 2% increase in GDP in the first quarter. The decline in GDP may affect a series of policy decisions that are due to be made soon. The closest decision is that of the Bank of Israel's Monetary Committee next Monday regarding the interest rate in the...

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May 16, 2022

Pricing committee recommended that the price of bread be permanently abolished - price will rise
753 Views Details

The inter-ministerial pricing committee, jointly with the Ministry of Economy and Industry and the Ministry of Finance, recommended that the price of bread be permanently abolished. The issue of the removal of bread control was raised by the committee a year ago, but a hearing procedure and a final recommendation were now required - which has now been accepted. However, the required approvals have not yet been received from Finance Minister Avigdor Lieberman and Economy Minister Orna Barbibai

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May 16, 2022

 a new dedicated center will be opened next week for the issuance of temporary passports
647 Views Details

Ahead of a discussion to be held Wednesday in the Knesset's Interior Committee on the lack of queues at the Population Authority last year, the PA announced that a new dedicated center will be opened next week that will add hundreds of queues a day for the issuance of temporary passports. The temporary passport center will operate in the center of the country (near the Ayalon Mall, in Bnei Brak) and will be a center for anyone who has not had time to renew a passport before their expected trip. The center will issue temporary passports for a period of two years, at the same cost as a...

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May 17, 2022

Transportation ministry will invest NIS 1 billion in public transportation routes in Netanya
1078 Views Details

In the next five years, the Ministry of Transportation will invest about NIS 1 billion in the network of public transportation routes and bicycle paths in Netanya. This was announced by Minister of Transportation Merav Michaeli and Netanya Mayor Miriam Feierberg, after signing the agreement. The project will be completed only in 2027. In the coming year, the Ministry of Transportation and the municipality will complete the preparation, and only then will the actual work begin. The Ministry of Transportation was proud today that Netanya will be the first city in Israel to offer maximum...

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May 17, 2022

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