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Start Up — 23
El Al management has reached an  agreement with the pilots union - No more flight  cancellation
350 Views Details

by Ifi Reporter

Category: Financial

After a long period of internal struggles at the airline that led to the cancellation of over 100 flights since the last Independence Day, the current saga seems to have come to an end. El Al reported on Sunday to the Tel Aviv Stock Exchange that an agreement had been signed between it and the Histadrut and the pilots' committee, which will apply immediately by the end of 2025. The company stated that "as of this date, the company cannot assess the effect of signing the agreement on its business results." After the report: El Al shares rise by about 10%

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Jul 10, 2022

 Guardian: Uber met with Netanyahu - promised to "break resistance for their operation in Israel
294 Views Details

by Ifi Reporter

Category: Politics

124,000 documents - which reached the British Guardian newspaper and was named The Uber Files. The paper shared the documents with the International Researchers' Organization, ICIJ, and through it with 180 journalists and 44 media outlets around the world including the Washington Post, the French Le Monde, the British BBC, and more. Guards, through journalist Uri Blau, is the Israeli representative in the project. In Israel, the leak raises the curtain over the company's attempts to infiltrate and the extensive array of connections, pressures, and lobbying it has activated

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Jul 10, 2022

NASA presents images of wavelengths of light - dates back more than 13 billion years
218 Views Details

by Ifi Reporter

Category: Hitech

U.S. President Joe Biden, pausing from political pressures to bask in the glow of the cosmos, on Monday released the debut photo from NASA's James Webb Space Telescope - an image of a galaxy cluster revealing the most detailed glimpse of the early universe ever seen. Reuters reports that the White House sneak peek of Webb's first high-resolution, full-color image came on the eve of a larger unveiling of photos and spectrographic data that NASA plans to showcase on Tuesday at the Goddard Space Flight Center in suburban Maryland. The $9 billion Webb observatory, the largest and most...

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Jul 11, 2022

Elbit Systems will provide the European country with intelligence systems for $ 660 million
298 Views Details

by Ifi Reporter

Category: Hitech

Elbit Systems reports another huge deal, in which it will provide the European country with intelligence systems for $ 660 million. The contract will be performed over a period of four years and includes a maintenance period of an additional ten years. Most of the revenue will be recognized over the four years of delivery of the orders, and some will be recognized throughout the maintenance period

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Jul 13, 2022

Petah Tikva Mayor Rami Greenberg is suspected of  bribery and conspiracy to commit a crime
490 Views Details

by Ifi Reporter

Category: Law

Petah Tikva Mayor Rami Greenberg is the head of the local authority that was questioned on Monday by the National Fraud Investigation Unit (JHA) in Lahav 433 on suspicion of a case involving offenses of fraud and breach of trust, extortion, abuse of power, bribery and conspiracy to commit a crime. Allowed for publication this morning. Along with Greenberg, who previously served as a police detective, three of his associates were questioned

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Jul 13, 2022

The total number of mortgages taken out in June was 11.88 at an amount of NIS 116.09 billion
285 Views Details

by Ifi Reporter

Category: Real Estate

The total number of mortgages taken out in June 2022 was 11.88. In 2021, the total volume of mortgages crossed the 100 billion mark for the first time and stood at NIS 116.09 billion, with a monthly average of NIS 9.674 billion. This is compared to a total of NIS 78,108 billion in 2020 (a jump of almost 50%). The total mortgages granted so far in 2022 stand at about NIS 60 billion. In 2021, the total volume of mortgages crossed the 100 billion mark for the first time and stood at NIS 116.09 billion, with a monthly average of NIS 9.674 billion. This is compared to a total of NIS 78,108...

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Jul 13, 2022

Consumer price index rose in June by 0.4% - Accelerates the rate of inflation in Israel to 4.4%
292 Views Details

The consumer price index rose in June, according to forecasts, by 0.4%. The rise in the index in June accelerates the rate of inflation in Israel and it now reached 4.4% - a record since March 2011. The most significant price increases were recorded in transportation items, which increased by 2.4%, housing, which increased by 0.7%, culture and entertainment, which increased by 0.7%, and health, which increased by 0.6%. On the other hand, due to seasonality, there were significant price decreases in the vegetable and fruit sections, which decreased by 8.5% and clothing and footwear, which...

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Jul 15, 2022

Announced: 3 startups selected to establish Israeli Quantum Computing Center for NIS 100 million
465 Views Details

by Ifi Reporter

Category: Hitech

The Innovation Authority announced the group of companies selected to establish the Israeli Quantum Computing Center with a budget of NIS 100 million for three years. The group will be led by the Israeli start-up company Quantum Mashins, and the Israeli start-up Classic will also participate. The quantum processors will be provided by three foreign companies: Quantware, ORCA Computing, and cold quanta

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Jul 17, 2022

Ministry of Health website was attacked by pro Iranian-Iraqi hacker group "AlTahrea"
264 Views Details

by Ifi Reporter

Category: Law

The Ministry of Health website was attacked Sunday evening by the pro-Iranian Iraqi hacker group AlTahrea. The hackers published the attack on their telegram channel and included ridicule in their message as defiance of Israel. This is the same group that was responsible for shutting down the sites of the Jerusalem and Tel Aviv municipalities in the past two weeks and also tried to attack the Rafael company website and probably other sites of small tourism and retail companies

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Jul 17, 2022

IAI Board of Directors approved a huge dividend of NIS 655 million for the government
219 Views Details

by Ifi Reporter

Category: Government

The IAI Board of Directors (IAI) approved a huge dividend of NIS 655 million for the country - the highest in the company's history. It should be noted that the dividend is distributed from the balance of the company's dividend payable, which stands at $ 398 million - approximately NIS 1.4 billion. In 2019, IAI distributed a dividend of NIS 140 million, and since then it has improved its results.

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Jul 17, 2022

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