Articles

The housing cabinet met today (Tuesday) for the first time since the government was formed, and approved a grant program for the purchase of second-hand apartments as part of lotteries and the increase in grants for the purchase of apartments as part of the "discounted apartment" program in the periphery - the two main proposals of the Ministry of Housing and the Israel Land Authority that were announced yesterday

The Agency for Small and Medium Businesses in the Ministry of Economy and Industry is launching an aid program to promote digitization and computer systems for businesses in the amount of NIS 18 million; Up to NIS 350,000 for a business that will make investments to advance computing, which will lead to an increase in productivity and improve competitiveness. In order to increase the use of digital tools among businesses, the Small and Medium Business Agency is launching grants of up to NIS 350,000 per business, for the benefit of implementing computer systems and digital tools

Israel dropped from 5th place to 7th place in the global artificial intelligence ranking published by Tortoise Media, after Singapore and South Korea overtook it. Although even after the drop, Israel is still in a very high place in the world ranking, but the drop reinforces the fears that the lack of government investment in infrastructure and academic research may cause Israel to lose its lead - and open a gap with other countries in the field of artificial intelligence. Tortoise Media's AI Index report presents a ranking that represents the 62 countries leading the global artificial...

The bill proposing that the banks will be required to pay interest on the current account, which has already passed the committee of ministers and was supposed to go up for a preliminary vote in the plenary on Wednesday, is dropped from the agenda at this stage. Member of Knesset Yanon Azoulai (one of the bill's presenters), announced that "after consultation with Shas movement chairman Rabbi Aryeh Deri, Prime Minister Binyamin Netanyahu, and coalition chairman Ofir Katz, it was decided to wait with raising the bill, which would oblige the banks To pay interest on the current account...

Arkia wishes to operate direct routes to two new destinations this year: Goa and Sri Lanka. On Thursday, Arkia officially announced that a new flight route to Goa will begin operating in November. The frequency of flights will be once a week, on Wednesdays, on a shortened flight route that will last less than 5.5 hours of flight time. The flights will be on Airbus A320neo planes, a more advanced version of the common passenger plane Airbus A320 - which is also more fuel efficient. Flight prices will start from $549 round trip.

After last week the organizers of the protest announced the establishment of the "Kaplan Force", and after a week of petitions and clashes, today the demonstrations against the legal revolution are taking place across the country for the 26th time, almost half a year after the first demonstration in Kaplan. Hundreds of thousands of people protest in Tel Aviv and various cities in the north, in Dezrum, and in the center. At the demonstration in Kaplan, Ron Huldai, Moran Zer Kazanzstein, leader of the Alternative Builders organization, and Moshe Redman - high-tech entrepreneur and lecturer -...

Thousands of people demonstrated on Monday against the legal revolution at Ben Gurion Airport. Clashes broke out between police forces and protesters, who blocked major roads in the port, including the road leading to the entrance to the passenger hall in Terminal 3. 52 people were arrested on suspicion of disorderly conduct. Later, the demonstration continued in front of the police station in Ramla, where the detainees were taken

The Labor and Welfare Committee chaired by MK Israel Eichler approved regulations that will allow the Civil Service Commissioner to approve an extension of service for a civil service employee up to the age of 72, thus allowing an extension of up to 5 years cumulatively from the date the employee reaches retirement age, as opposed to 4 years today

The data of the Central Bureau of Statistics (CBS) show that the average salary for an Israeli salaried position in April of this year was NIS 12,622, an increase of about 4.7% compared to April 2022 - similar to the inflation rate. Thus the average salary for a salaried position at constant prices (deducted by the price index to the monthly consumer) decreased by 0.2% relative to April of last year and stood at NIS 10,874

The Central Beverage Company (Coca Cola Israel) will pay an administrative fine of NIS 36.4 million after abusing its monopolistic position in the beverage market. This is according to the final calculation of the fine approved by the head of the competition court, Judge Tamar Bezek-Rappaport. The original fine imposed in 2019 was NIS 39 million. The ruling indicates that the Competition Tribunal accepted the commissioner's position regarding six law-breaking practices, which constitute an abuse of monopolistic power, which the company has taken over the years