Articles
Categories
by Ifi Reporter
Category: Government
In a landmark development, the State Commission of Inquiry into the Miron disaster has issued its final report, holding Prime Minister Benjamin Netanyahu personally responsible for the tragic events that led to the death of 45 participants in Rabbi Shimon bar Yochai's celebration in April 2021. The committee also recommends ceasing the appointment of Amir Ohana as Minister of Internal Security and setting an end date for Commissioner Yaakov Shabtai's term
Mar 6, 2024
by Ifi Reporter
Category: Hitech
A comprehensive report on "Women in Hi-Tech 2024" was drawn up these days by the Economy and Research Division of the Innovation Authority, and the Aaron Institute on the occasion of International Women's Day, starting tomorrow. The good news: in 2023, there will be an increase in the number of women in the high-tech industry in Israel - 131,000 women, almost double compared to the previous decade, and an increase of 2.7% compared to 2023. The bad news: it's not enough. According to this growth rate, the State of Israel will not meet the goal set by the Perlmutter Committee for increasing...
Mar 7, 2024
by Ifi Reporter
Category: Law
Protesters, including family members of abductees and activists, have blocked Highway 1 towards Jerusalem, demanding action from Prime Minister Benjamin Netanyahu to secure the release of abducted individuals. The demonstration, occurring just before the Shabbat meal, aims to draw attention to the plight of those who have been held captive for 154 days
Mar 8, 2024
by Ifi Reporter
Category: Government
In a tragic development, the Israel Defense Forces (IDF) has confirmed the death of Major Amisher Ben David, a 43-year-old officer from the settlement of Ali, during a battle in the southern Gaza Strip. Major Ben David, who served as a commander in the commando formation, was killed earlier today in an encounter with terrorists. He leaves behind his wife Shlomit and their five children
Mar 9, 2024
by Ifi Reporter
Category: Government
Chief Rabbi Yitzhak Yosef's recent remarks during a lesson with his students have ignited a firestorm of controversy amid the ongoing debate over the draft law in Israel. In a recording of the lesson, Rabbi Yosef was heard stating, "If the ultra-Orthodox are forced to enlist - we will leave abroad
Mar 9, 2024
by Ifi Reporter
Category: Law
In a widespread display of dissatisfaction with the current government, demonstrators took to the streets in various cities across Israel, calling for immediate elections and addressing a range of grievances
Mar 9, 2024
by Ifi Reporter
Category: Financial
The ongoing conflict has exacerbated Israel's economic challenges, with the state budget deficit swelling, according to a recent report by the Accountant General of the Treasury, Yahli Rotenberg. Over the past 12 months, the deficit expanded by 0.8%, reaching approximately 5.6% of GDP. Projections from the Ministry of Finance paint a grim picture, anticipating a further increase in the deficit to 6.6% by year-end. However, concerns persist among government officials and economic organizations, both domestically and internationally, suggesting the deficit could soar even higher, possibly...
Mar 11, 2024
by Ifi Reporter
Category: Financial
Discount Bank, despite navigating through challenging times, wrapped up 2023 on a positive note, with a net profit for shareholders totaling 4.2 billion shekels, marking a notable 20% increase from the previous year's figure of 3.5 billion shekels
Mar 11, 2024
by Ifi Reporter
Category: Capital Market
Amidst the turmoil of the 2023 war, Israel's banking sector has shown remarkable resilience, with profits soaring to new heights. The net profit of the four largest banks in Israel surged by 15% compared to the previous year, reaching a staggering NIS 25.5 billion. Despite the challenges posed by the conflict, profits remained steady, underscoring the strength of the banking system
Mar 12, 2024
by Ifi Reporter
Category: Real Estate
In a recent review published by the Division of the Chief Economist in the Ministry of Finance, the residential real estate market in January 2024 displayed significant signs of recovery, particularly in the segment of new apartments
Mar 12, 2024