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by Ifi Reporter
Category: Financial
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...
Jun 28, 2023
by Ifi Reporter
Category: Government
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.
Jun 29, 2023
by Ifi Reporter
Category: Politics
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 -...
Jul 1, 2023
by Ifi Reporter
Category: Politics
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
Jul 3, 2023
by Ifi Reporter
Category: Government
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
Jul 4, 2023
by Ifi Reporter
Category: Health
On Tuesday at noon, a Palestinian terrorist stepped onto the sidewalk and bike path on Pinchas Rosen Street in Tel Aviv - while traveling against the direction of traffic. On the Ynet studio's special transmitter, MDA CEO Eli Bin said that the terrorist got out of the vehicle at some point and started stabbing people - then was shot and killed. A total of eight people were injured - three seriously, two moderately, and three lightly. The eight injured were evacuated to the Ichilov and Billinson hospitals
Jul 4, 2023
by Ifi Reporter
Category: Financial
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
Jul 4, 2023
by Ifi Reporter
Category: Financial
After another quarterly loss, Bank Hapoalim decided to close its independent activity in Switzerland. The closure of the banking activity in Switzerland has been causing losses to the bank for some time, so in addition to the closure of the investigation in the USA, the bank decided to completely close the local activity. The bank today completed the delivery of its independent banking license in Switzerland
Jul 5, 2023
by Ifi Reporter
Category: Capital Market
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
Jul 6, 2023
by Ifi Reporter
Category: Real Estate
A booking site has begun to present a full price including VAT to Israeli consumers who purchase hotel accommodation and vacations in Israel. This was after a legal proceeding conducted by the Consumer Protection and Fair Trade Authority against the successful international site, which also included a NIS 2.5 million fine already in 2017
Jul 6, 2023