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Author: David Rutman

Mekorot: A source of new opportunities

August 3, 2023August 3, 2023David Rutman

Hagai Philipson discusses personnel recruitment, the new collective agreement, technological innovations, and the Mekorot employees’ sense of mission.

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Citi trims Israel’s growth estimates in shadow of judicial reform

August 3, 2023August 3, 2023David Rutman

Citi on Thursday trimmed its 2023 and 2024 growth estimates for Israel’s economy, citing lower investment stemming from the government’s planned judicial reform while saying GDP and credit ratings would also suffer in the medium term. Economist Michel Nies at the bank reduced his growth forecast this year to 3.1% from 3.3% and in 2024 […]

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Netflix introduces a new app feature to make streaming easier

August 2, 2023August 2, 2023David Rutman

Netflix has introduced a new feature on their app called My Netflix, which is intended to help subscribers choose what they want to watch. As the streaming industry becomes increasingly more competitive, streaming services are having to find new ways to keep their subscribers engaged.  While Netflix is currently a juggernaut in the streaming industry, […]

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Israel’s energy minister calls for more natural gas drilling

August 2, 2023August 2, 2023David Rutman

Energy Minister Israel Katz called on the country to increase natural gas drilling in the Mediterranean Sea on Wednesday. Environmental experts, however, say that doing so is “out of sync” with global aims to reduce greenhouse gas emissions in the face of global boiling. Katz visited the Leviathan Gas Field for the first time since […]

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Bank of Israel warns: Economy at risk, judicial reform to blame

August 2, 2023August 2, 2023David Rutman

On Wednesday the Bank of Israel issued its biannual financial stability report for the first half of 2023, covering a period marked by declining rates in both currency and commerce. The report underscores that the uncertainty surrounding the government’s legal reform legislation has increased the risk premium of the economy. This has been accompanied by […]

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Israeli judicial reform strife will harm the housing market – opinion

August 1, 2023August 1, 2023David Rutman

The residential housing construction market is facing a severe crisis, evidenced by a 43% decrease in building starts. Additionally, the number of unsold flats held by contractors has risen to over 57,000, equivalent to two years of sales. Furthermore, there has been a 46% decline in the volume of real estate transactions. This crisis has […]

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Israel’s Netvision still down after 5 days despite promises

August 1, 2023August 1, 2023David Rutman

Infuriated customers of Cellcom/Netvision who had been told by the Internet Service Provider (ISP) that their emails would be restored on Monday, four days after it crashed, were promised on Tuesday morning that all mail would arrive “within a few hours.” But for many customers, nothing happened.  Cellcom spokeswoman Danielle Gold Alon said before 1 […]

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Here’s why Israel’s proposed broadcasting reforms are raising concerns

August 1, 2023August 1, 2023David Rutman

In a move that has sparked concern and opposition, significant changes to Israel’s TV and news sectors are on the horizon. The proposed reforms are expected to receive approval in the coming months and have raised alarms among the local broadcasting and production community, prompting them to unite and express their outrage. The planned changes, […]

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Israeli and Saudi company’s extraordinary cooperation a sign of future?

July 31, 2023July 31, 2023David Rutman

Israeli company “SolarEdge” and the Saudi company “Ajlan & Bros Holding (ABH)” extraordinary cooperation a sign of future normalization? The cooperation between the two companies aims to provide Saudi Arabia with renewable and smart energy, which will help the Kingdom – one of the world’s largest oil producers – reduce its dependence on oil by […]

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Palestinian students win trip to NASA in Tech Talent competition

July 31, 2023July 31, 2023David Rutman

Twenty-eight young Palestinian students are set to travel to the US for a 10-day trip that will include a visit to NASA headquarters in Florida. The trip is the grand prize for the 12th annual Tech Talent competition, a science competition for students from across the Palestinian territories. For more stories from The Media Line […]

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