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by Ifi Reporter
Category: Hitech
The private Israeli space project Berashit may close its flagship program, a probe landing on the moon, in the coming weeks, after its major donors stopped their contributions. This is what the venture's co-founder Kafir Damari said today (Wed) in an interview with Bloomberg. The Israeli non-profit SpaceIL, which is behind the $100 million program, said that the reduced budget jeopardizes the second planned attempt to land a probe on the moon, using the Berashit 2 spacecraft, whose launch was planned for late 2025. "Our donors decided not to continue their contribution after transferring...
Jun 22, 2023

by Ifi Reporter
Category: Capital Market
The Faculty of Medicine in Tel Aviv has decided that the number of students there is going to increase significantly, and it is expected to undergo a major change in the curriculum and adapt it to the current era. In a letter sent this week by the management of the faculty to all its members, it announced the expected revolution in medical studies in Tel Aviv: 320 medical students per year within three years - instead of the 225 who started the first year this year - and a change in the entire curriculum. Part of the increase was made possible thanks to the cancellation of the American...
Jun 22, 2023

by Ifi Reporter
Category: Financial
The IAI company signed separate contracts with three other NATO contries, the scope of which includes millions of dollars, under which IAA will supply the countries with Rotem-type roving armament systems. Rotem is a battlefield-proven vertical take-off and landing (VTOL) mobile weapon system. The system, which is intended for use by special forces and is also used for intelligence testing and evaluation purposes, is part of the IA's roving weaponry family that includes the Harpy, the Harp, and the mini-Harpy and has been tested, since 2019, in various combat situations
Jun 23, 2023

by Ifi Reporter
Category: Politics
Rebellion in Russia. The mercenaries of the "Wagner group", who crossed the border from Ukraine and took over Russian army installations on Saturday, continue to advance towards the Russian capital and cause panic in the country. The head of the "Wagner Group", Yevgeny Prigozhin, announced this morning that he arrived in the southern Rostov district together with 25,000 fighters, with the aim of deposing the heads of the army - Defense Minister Sergei Shoigu and Chief of Staff Valery Gerasimov. "We are ready to die," he said. As part of Prigozhin's rebellion in the Russian army, because of...
Jun 24, 2023

by Ifi Reporter
Category: Politics
Almost half a year: the demonstrations against the legal revolution across the country are entering the 25th week. The leaders of the resistance said on Saturday that they are "increasing their gear towards another round of struggle in the end the coup attempt will be stopped again". The organizers called on the public to take to the streets "in order to send a clear message to the Israeli government that the legislation will not pass." Former Prime Minister Ehud Barak, Attorney Dafna Holtz Lachner, and Dr. Amir Hanifs from the Druze protest will speak at the demonstration in Tel Aviv. The...
Jun 24, 2023

by Ifi Reporter
Category: Law
Billionaire Arnon Milchan, the American-Israeli producer, began testifying at the Netanyahu trial in Brighton, UK, and she is considered the most important in case 1000, the "gift case". At the beginning of the testimony, which will last two weeks, Milchan told about his close relationship with the Prime Minister, whom he described as "almost a brother", as well as about Netanyahu's request from him to fire his right-hand man Hadas Klein, fearing that she "knows too much". Later, he told about the many gifts he gave to the Netanyahu couple, first on his own initiative and later on according...
Jun 25, 2023

by Ifi Reporter
Category: Hitech
The Commissioner for Competition, Attorney Michal Cohen, announced today (Monday) that she has declared Wysotsky as a monopoly in the green tea market and on the liquor market. This means that Vysotsky will be defined by law as a "large supplier", as the term is defined in the Law for the Promotion of Competition in the Food Industry, and from now on All the obligations imposed on large suppliers by virtue of this law regarding the declared products apply to it
Jun 26, 2023

by Ifi Reporter
Category: Financial
The absolute majority of small businesses take advantage of the credit line given to them by the bank. From an inspection conducted by the fintech company Bizzy in the first quarter of 2023, it emerged that 97% of the small businesses took advantage of the credit limit that was given to them, and only 3% did not take advantage of it. The inspection included almost 1,000 bank accounts of about 800 small businesses. The sample data also shows that the effective credit cost increased by 14% during the quarter. Thus, while the cost that the small business pays for the credit line amounted to...
Jun 26, 2023

by Ifi Reporter
Category: Government
Selina, the hotel operator for a young crowd, goes to war for her future. Only half a year after its IPO, it is laying off workers, curbing expansion, and managing emergency recruitment after only 23 million dollars remained in its coffers as of the end of March. The company announced today that it has begun a period of significant cutbacks that includes the layoff of approximately 350 employees, exiting some of the hotel leases and almost completely stopping the opening of new hotels
Jun 27, 2023

by Ifi Reporter
Category: Real Estate
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
Jun 27, 2023