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unemployment rate decreased slightly in September to 3.9% - Stability has been maintained
204 Views Details

by Ifi Reporter

Category: Government

The unemployment rate decreased slightly in September, along with the typical decrease for the summer months and holidays in the employed rate. However, relative stability has recently been maintained in the field of unemployment in Israel and it continues to be low to a similar extent as it was on the eve of the Corona crisis. The data of the Central Bureau of Statistics (CBS) published on Monday shows that the basic unemployment rate in Israel, according to international definitions, reached 3.9% in September, which is 172.8 thousand unemployed - about 7,200 less than in August, when the...

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Oct 24, 2022

Exports rose by 22% in the first half of 2022 and amounted to about 82 billion dollar
732 Views Details

According to data from the Foreign Trade Administration at the Ministry of Economy and Industry, there was a 22% increase in exports in the first half of 2022 compared to the corresponding period last year. In addition, exporters benefit from the increase of the dollar exchange rate in relation to the shekel at the beginning of the year, which means a 15% addition to the consideration in shekels received from abroad for the goods or services they provided. Israeli exports of goods and services in the first half of this year amounted to about 82 billion dollars, a growth of about 22.3%...

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Oct 25, 2022

 Will the government approve a cut in the budget to finance the agreement with the Teachers?
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by Ifi Reporter

Category: Government

On Thursday, Prime Minister Yair Lapid will bring to the government's approval a horizontal cut in the state budget for 2023, in order to finance the salary agreement with the Teachers' Union - after it became clear that the agreement was illegal. The agreement was signed without finding a budgetary source to finance it, at a cost of NIS 4.5 billion per year

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Oct 25, 2022

 Israeli information security giant Cyberizen announced a huge wave of layoffs: 200 employees
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by Ifi Reporter

Category: Hitech

The Israeli information security giant Cyberizen announced Wednesday a huge wave of layoffs, during which it will part with about 200 employees, which make up about 14% of the 1,400 employees remaining after a previous wave of layoffs that was announced only last summer, bringing the total reduction in personnel to 20 % - i.e. a fifth of the employee status - within five months. About 50 of the 200 laid off are at the company's Israeli headquarters, while the majority are at its headquarters abroad, which include the USA, Great Britain, Germany, Japan and France.

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Oct 26, 2022

IAI will take part for the first time in the world air exhibition that will be held in Bahrain
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by Ifi Reporter

Category: Hitech

The aerospace industry will take part for the first time in the world air exhibition that will be held in Bahrain. At the prestigious exhibition, which will be held between November 9 and 11, IAI will present its range of developments that reflect the forefront of technology, including products for civil aviation, radars, air defense systems, coastal defense and defense systems using drones. The advanced systems of the aerospace industry will be displayed in the impressive pavilion that the company will build, which will mark 70 years of expertise and innovation. This is the first time an...

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Oct 26, 2022

The government convened  and finally approved the maritime border agreement with Lebanon
523 Views Details

by Ifi Reporter

Category: Government

The government convened for a special meeting in the Prime Minister's office in order to discuss and finally approve the maritime border agreement with Lebanon, after two weeks have passed since the agreement was placed on the Knesset table. The meeting ended at 12:00, then Prime Minister Yair Lapid signed the agreement. The signed agreement will be brought to the American mediator Amos Hochstein. Later in the day: the official signing ceremony of the agreement with the participation of the Israeli and Lebanese negotiation teams at the UN base in Bankura, and its submission as an official...

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Oct 27, 2022

Winter time in Israel takes effect at 0200: The Clock has been moved one hour back
409 Views Details

by Ifi Reporter

Category: Government

Winter time will begin tonight on October 30, 2022, Thursday in Sheshon Tashpag, the night between Saturday and Sunday. At 2:00 in the morning the hands must be moved back one hour to 1:00. With this, summer time will end, which lasts 219 days this year. Winter and summer time were determined according to the latest version of the "Time Law" from 1992, which was amended in 2013. The law states that "every year, during the period from the Friday before the last Sunday of March at 2:00 a.m. to the last Sunday of October at 2:00 a.m., the time in Israel will be advanced by one additional...

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Oct 29, 2022

Pepper the digital bank from Beit Leumi received official approval to trade in virtual currencies
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by Ifi Reporter

Category: Financial

Pepper, the digital bank from Beit Leumi, received official approval from the Bank of Israel this weekend to allow its customers to trade in virtual currencies. The service, which was announced about six months ago, will be available to customers through the Pepper INVEST capital market trading application and is expected to be launched within the next month, when the waiting list for the service will open in the coming days. In addition, in the future the service is expected to be extended to Bank Leumi customers as well

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Oct 29, 2022

Transportation ministry and the Israel Railways is promoting the "The Eastern Railway" project
458 Views Details

The Ministry of Transportation and the Israel Railways is promoting the national project "The Eastern Railway" which will be an additional railway axis between the northern region, the center, and the south, and will allow for a significant improvement of the railway service all over the country, alongside a significant increase in cargo transportation, which will reduce road congestion, air pollution, and increase Safety of all road users

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Oct 30, 2022

Partner and Golan Telecom increase prices of packages and services  between 32% and 47%
600 Views Details

Partner and Golan Telecom increase the prices of packages and services to customers, in some cases at rates between 32% and 47%. At Partner, the rate increase will mainly apply to old customers of the triple package (internet+TV+telephone), who have been enjoying historical benefits and promotions for several years, and prices that are considered low compared to those paid by the company's other customers

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Oct 30, 2022

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