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Category: Capital Market
Israel has transferred more than NIS 2 billion to the Palestinian Authority, following a settlement with the resolving authority part of the crisis over the offsetting law. Recall, since February, the authority has been refusing to take from Israel taxpayers it collects, amounting to NIS 8 billion a year. These are customs duties and other taxes collected from Palestinians, mainly merchants and companies that transport goods through Israel
Aug 22, 2019
Category: Government
In the new cemetery in Lod, seventeen-year-old Rina Schenarb, seventeen of Lod, was arrested this morning in a terror attack near the Dolev settlement in Benjamin. Hundreds accompanied her in her last way Rina Schnarb was hit by a sabotage while traveling with her father and brother near the spring of Danny. The brother, Dvir, nineteen, sustained severe wounds from shrapnel. He was analyzed this afternoon at Hadassah Ein Kerem Hospital in Jerusalem, and was told that his condition was stable and that his life was not in danger. The father of the family, Ethan, is hospitalized and his...
Aug 23, 2019
Category: Government
Kfar Saba and Tel Aviv are the largest cities that lead the most in the satisfaction of their residents. Jerusalem, on the other hand, remains the most indigenous to the city - according to the CBS data from the 2018 Social Survey. Local cleaning. The Social Survey is an ongoing annual survey of living and welfare conditions in Israel, conducted last year and interviewed by some 7,450 people aged 20 and over, representing about 6.5 million people. Among the topics the survey dealt with were switching between cities, commuting (i.e. getting to work and back) and satisfaction with the major...
Aug 25, 2019
Category: Communication
Partner and Pelephone appealed a fine imposed on them by the Consumer Protection Authority and will receive back the amount of the fine plus court costs, totaling NIS 968,000 - the Jerusalem Magistrate's Court ruled in an appeal filed by the two companies. This is a monetary sanction imposed on the companies in January 2017, claiming to mislead consumers in various publications where consumers were invited to join them and receive advanced "Generation 4" mobile services, free of charge. The Authority claimed that during the relevant period for publications that began in July 2014, the...
Aug 26, 2019
Category: Government
After the disabling threats have been removed, about 2,354,000 students will return to schools and kindergartens today - and the school year will open: 168,000 first-grade students will enter the school gates for the first time, as well as 190,000 preschoolers and 333,000 preschoolers. Also, 1,074,000 elementary school students, 296,000 middle school students and 461,000 upper secondary students will be attending educational institutions today, of which 132,000 are 12th graders, who will be their last year in the education system. The students have been for almost a full month, as Tishrei...
Aug 31, 2019
Category: Financial
The huge Niketown store that Fox will set up at the Yorkdale Mall in Toronto will span two floors of approximately 3,000 square feet. At its establishment, a sum of about $ 12 million (about NIS 42 million) will be invested, with a substantial portion estimated to be funded by the mall. The store is slated to open in November 2020, with the store's lease agreement for 10 years and includes an option to extend it for another 5 years. It is estimated that sales at such a store are expected to exceed $ 20 million per year. Niketown is a concept of huge stores spread over several floors in...
Sep 2, 2019
Category: Capital Market
Direct flights on the Tel Aviv-Shanghai line night be canceled but at the present time the number of destination to China will be reduced. The flights were made by Chinese airline Hainan Airlines, which announced that it was "suspending its flights to Shanghai this winter." At present it is about cancellation of the flights to the winter scheduled between 27.10.19 and 29.03.20. The Shanghai line launched in September 2017 was the second line the company launched between China and Israel, following the launch of the direct flight to Beijing a year earlier. The company also operates direct...
Sep 3, 2019
Category: Law
The indictment filed this morning by the Taxation and Economy Prosecutor's Office against the organizer of the acquisition groups Inbal Orr lists a number of tax, VAT, fraud and even fraud cases in which Orr is charged. In the first part of the indictment, the amount of transactions that Inbal Light and its companies did not issue invoices and did not report to the VAT and income tax: NIS 81.3 million was disclosed. In addition, the amount of transactions that Inbal Or as a dealer did not issue invoices for and did not report income tax and VAT: NIS 9 million . The following describes how...
Sep 4, 2019
Category: Financial
Netanyahu insisted, and succeeded: After the permit committee repeatedly rejected his request for funding for his legal protection from his associates, Prime Minister Benjamin Netanyahu received the long-sought approval from the new State Comptroller, Netanyahu Engelman. Englishman approved Netanyahu to take out $ 300,000 loan from Spencer Partridge businessman, "on market terms." In effect, an Englishman bypassed the permit committee next to his office, which refused to allow Netanyahu to receive donations from Partridge and his cousin Nathan Milikowski. The State Comptroller's Office...
Sep 4, 2019
Category: Government
Representatives of Israel abroad begin voting - for the second time in 5 months: 13 days before Election Day in Israel, and there are those who are already throwing a ballot. Over 5,000 Israeli voters who are abroad due to their work will elect their representatives for the 22nd Knesset. The last time they took part in the democratic process was only last April, so the elections were held for the 21st Knesset. State employees and representatives of national institutions serving abroad may elect to represent the country in which they serve. Among the voters: civil servants (including...
Sep 5, 2019