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Discount Bank Establishes NIS 50 Million Aid Fund "Keren Or" for Children Affected by Conflict
679 Views Details

In a heartfelt response to the ongoing challenges faced by children and teenagers affected by the recent conflict in Israel, Discount Bank has announced the establishment of the "Keren Or" fund. This dedicated aid fund, established in partnership with a mercantile bank, will provide NIS 50 million to address the complex needs of these young individuals, focusing on physical and emotional healing and community security

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Oct 14, 2023

"Partial Return to Schools might resume in Low Threat Areas Amidst Regional Tensions"
420 Views Details

by Ifi Reporter

Category: Government

Home Front Command and the Ministry of Education have jointly announced plans to allow partial educational activities in areas considered low-risk ("yellow" authorities). This decision, effective immediately, is contingent upon the presence of nearby protected spaces

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Oct 14, 2023

Bank of Israel Announces Plan to Freeze Loans and Ease Fees in Wake of Conflict with Hamas
499 Views Details

by Ifi Reporter

Category: Financial

Bank of Israel has unveiled a comprehensive plan aimed at providing financial relief to the public in the wake of ongoing regional conflict. This plan, set to be in effect for at least three months, divides the population into two groups with varying levels of support

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Oct 15, 2023

Israel's consumer price index for September has dropped by 0.1%  - Inflation stands at 3.8%
387 Views Details

Israel's consumer price index for September has dropped by 0.1% compared to August, leading to a decrease in the annual inflation rate from 4.1% in August to 3.8%. The unexpected drop in inflation is bolstering expectations that the Bank of Israel will not raise interest rates at its upcoming October meeting, taking into account the slowing inflation and the economic impact of the recent conflict.

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Oct 15, 2023

Israeli Government Rejects Petition to Compel El Al to Operate on Shabbat During Gaza Wartime
831 Views Details

by Ifi Reporter

Category: Law

In response to a petition seeking to compel Israel's largest airline, El Al, to operate flights on Saturdays (Shabbat) during the ongoing war, the Israeli government, including Defense Minister Yoav Galant and Transportation Minister Miri Regev, has issued a joint response. The petition was submitted to the High Court, and the government's response seeks to reject it outright

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Oct 17, 2023

Education Ministry Announces Gradual Return to Kindergartens Amidst Concerns from Teachers
704 Views Details

by Ifi Reporter

Category: Government

The Ministry of Education has confirmed that starting tomorrow, Wednesday, a gradual return to kindergartens will also be possible in the Gush Dan area, the Shefala, the Dead Sea and the Bekaa, according to the defense instructions of the Home Front Command. At the same time, today the Ministry of Education announced the resumption of classes in after-school and long-day education settings in localities where there is educational activity

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Oct 17, 2023

National Campaign Mobilizes Citizens for Critical Industrial and Commercial Jobs Amid Shortage
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In a joint initiative spearheaded by the Ministry of Economy, Industry, and the Association of Industrialists, along with the Employment Service, Israel has launched a nationwide campaign urging citizens to step up and enlist for essential roles within the industrial and commercial sectors. The primary goal of this initiative is to ensure a continuous supply of food and vital products to both civilians and soldiers, addressing a severe shortage of workers caused by multiple factors

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Oct 18, 2023

Emergency Public Transportation Operations this weekend Amidst Ongoing Security Concerns
729 Views Details

by Ifi Reporter

Category: Real Estate

Rublic transportation in Israel is set to operate in an emergency mode over the upcoming weekend, with limited details available, as confirmed by the Ministry of Transportation. Last week, the Ministry announced a limited schedule for the weekend just hours before services began. It is expected that the public transportation services for this Friday and Saturday will resemble the ones provided last weekend, where certain bus lines extended their hours until 10:00 p.m. on Fridays and began operations at 6:00 a.m. on Saturdays

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Oct 19, 2023

Israeli Banks Offer Mortgage Relief to Residents in Gaza Border Areas
911 Views Details

by Ifi Reporter

Category: Banking

In a response to the recent conflict in the Gaza Strip, two major Israeli banks have unveiled plans to provide relief to homeowners located in areas near the border. Bank Hapoalim and Mizrahi Tefahot Bank are offering mortgage payment exemptions to residents affected by the hostilities, in addition to the broader outline provided by the Bank of Israel earlier this week

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Oct 20, 2023

Foreign Workers in Israel Face Exodus Amidst Ongoing Conflict in the Gaza strip
614 Views Details

by Ifi Reporter

Category: Financial

Since the outbreak of the war, nearly 7,000 foreign workers have left Israel, posing a significant challenge to the country's labor force. According to data collected by the Administration of Foreign Workers at the Population and Immigration Authority, the departure of foreign workers is affecting various sectors of the economy

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Oct 21, 2023

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