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Start Up — 23
demonstrations and blockades all over Israel after the cancellation of the "probable cause"
485 Views Details

by Ifi Reporter

Category: Government

Hours after the cancellation of the probable cause was approved in the first reading, demonstrations and blockades began throughout the country, among other things at all entrances to Jerusalem, the coastal road, road 4, and the Ayalon routes: "This is just the promo." A vehicle was recorded speeding toward protesters on Route 531 - and running away from the policeman who tried to stop it. MDA: "Significant delays in the movement of the ambulances, they want to allow them to move freely

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Jul 11, 2023

The Supreme Court cancels a law designed to encourage foreign workers to leave Israel
1219 Views Details

by Ifi Reporter

Category: Law

The Supreme Court issued a notice of nullity on a law designed to encourage foreign workers to leave the country by harming social welfare funds to the extent that they did not leave the country at the end of the legal period of their stay. Six of the panel's judges supported the repeal of the law, headed by President Hayut, and Judge Solberg opposed it. The court ruled that the deduction arrangement by virtue of which all social contributions deposited in favor of a foreign worker who worked in Israel legally but did not leave Israel on time may be denied violates the constitutional right...

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Jul 12, 2023

Central Bureau of Statistics: In May 2,180 new apartments were sold all over Israel
297 Views Details

by Ifi Reporter

Category: Real Estate

Data published by the Central Bureau of Statistics (CBS) indicate that last May 2,180 new apartments were sold, although an increase of 46.8% compared to the low in April 2023 that resulted from the Passover holiday, but excluding seasonality this figure is about 2,230 apartments, a decrease of 7.6% compared to the previous month. Compared to April last year, this is a decrease of a little less than 50%, since the number of new apartments sold this month was about 4,000. The CBS states that an examination of the trend data shows that from August 2021 to May 2023, there was a decrease of...

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Jul 13, 2023

 Ness Ziona will join the public free transportation service on weekends
558 Views Details

Next Friday, July 21, Ness Ziona will join the public transportation service on Friday evenings and Saturdays "Na'im on the weekend" - thus becoming the tenth city to participate. According to data provided by the transportation enterprises on Shabbat and municipalities that operate transportation services on weekends, more than 45 thousand residents Local authorities in the central region only use transportation on Shabbat free of charge every weekend

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Jul 15, 2023

Israeli renewable energy company Energix: $1.5 Billion Deal with American giant "First Solar"
613 Views Details

by Ifi Reporter

Category: Hitech

Green energy company Energix has revealed its largest deal to date, worth $1.5 billion, with American company First Solar. The agreement entails the purchase of solar panels with a total capacity of five gigawatts (GWp) for Energix's upcoming solar projects in the United States. These projects are scheduled to be built between 2030 and 2026

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Jul 16, 2023

Dairy Council to High Court: Cancel Duty on Milk Imports imposed by the finance minister
611 Views Details

by Ifi Reporter

Category: Government

The Dairy Council has filed a petition with the High Court challenging the recent decision made by Finance Minister Bezalel Smotrich to cancel the duty on milk imports for a period of three months. The Council is seeking an injunction against the move or, alternatively, an urgent discussion on the issue of canceling the duty on milk, which would allow for the import of milk into Israel for the first time

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Jul 17, 2023

Wage Agreement was Reached in Public Sector - Finance minister and Histadrut Chair signed
670 Views Details

by Ifi Reporter

Category: Government

In a joint press conference held today, Minister of Finance Bezalel Smotrich and Chairman of the Histadrut Arnon Bar David announced the final signing of a new wage agreement for the public sector, following months of negotiations. The agreement also addressed concerns regarding the progress of legislation aimed at weakening the justice system. However, this announcement was made without the presence of journalists, highlighting the mounting pressures on the Histadrut to shut down the economy in protest

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Jul 17, 2023

Business Forum Threatens Economy Shutdown Over the Controversial Legislation
524 Views Details

In a dramatic move, the influential Business Forum, consisting of 76 senior businessmen, has announced its intention to shut down the Israeli economy in protest against the continuation of controversial coup d'├ętat legislation. The decision, made during a meeting of top economic officials, reflects deep concerns regarding the potential ramifications of the legislation

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Jul 17, 2023

Stoa Israeli-American Real Estate Start-up laid off most of its employees - only 20 stayed
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by Ifi Reporter

Category: Financial

Stoa, an Israeli-American start-up company specializing in real estate solutions, has recently announced significant reductions in its activities. The company has laid off most of its employees, with only about 20 individuals remaining out of its original workforce of approximately 100 employees. Stoa, which has not hired workers in Israel since the COVID-19 pandemic, is also halting its expansion and development efforts and is exploring offers to sell its assets and operations. The company currently owns hundreds of real estate properties in the United States

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Jul 18, 2023

 turn of events:  Electric Company cancels the purchase of the Eshkol power plant
824 Views Details

by Ifi Reporter

Category: Government

In a significant turn of events, sthe Electric Company announced the cancellation of the tender for the purchase of the Eshkol power plant in Ashdod. The tender was a pivotal part of the government's ambitious plan to privatize the electricity sector, but it encountered unforeseen challenges. During the bidding process, one of the bidders, the Dalia Group, put forward an impressive offer of over NIS 12 billion for the power station, surpassing all expectations. However, it was later revealed that the winning bidder was unable to fulfill the terms of the deal, creating an uncertain...

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Jul 19, 2023

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