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April 17, 2014 / 17 Nisan, 5774
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Posts Tagged ‘NIS’

Average Israeli Salary Rises in September

Thursday, December 6th, 2012

The average Israeli salary rose by 2.2% in September to NIS 8,935, according to a report by the Central Bureau of Statistics on Thursday.

The Israel Electric Corporation continues to pay the highest salaries in Israel, with an average gross monthly salary of NIS 24,348 (approximately $6,391).  Those rates are followed by those given to employees of the R&D sector, followed by computer workers.

The number of employed Israelis grew by 1% in September.

Netanyahu OKs Fortified Daycare Centers Near Gaza

Sunday, November 18th, 2012

The Cabinet on Sunday unanimously approved an allocation of NIS 7.6 million in order to complete the financing of building protected daycare centers in communities with 0-7 kilometers from the Gaza Strip.

Prime Minister Benjamin Netanyahu said, “Our advance preparations and the speed with which we are meeting citizens’ needs have proven themselves time and again. This decision is the continuation of previous Government decisions in the framework of which billions of shekels have been allocated to protecting residences and educational institutions and to strengthening the resilience of citizens in the area adjacent to the Gaza Strip.”

Computer Giant to Invest $5 Million in Israeli Education

Monday, November 5th, 2012

Computer giant Intel has announced that it will invest five million dollars (NIS 20 million) into Israeli high schools over the next four years, to provide advanced science, technology, engineering and math education to students in the “startup nation”.

The investment will initially be applied in 25 schools in southern Israel along with a budgeted NIS 50 million from the Ministry of Education to more than double the number of students graduating with science and technology diplomas.

During the six years between middle school and the completion of their high school educations, 4,000 students will receive guidance from representatives of Intel, who will encourage them to develop their skills in social media, gaming, video, and other areas of high-tech.

The program is expected to eventually include 200 schools.

Intel is Israel’s largest private employer.

January Elections Budget Approved in Israel

Monday, October 22nd, 2012

The Central Elections Commission approved a budget for the upcoming elections on Sunday.

The commission chairman’s salary, drivers, security personnel, polling station ushers, vote counters and security guards will cost a total of NIS 246,781,000, an increase of over 40 million shekels from the previous election budget.

Sandwiches for volunteers who will man the poll centers will cost NIS 1,320,000 on election day, according to a report by Maariv.

Man Who Found Majdi Halbi Wants His Reward

Monday, October 15th, 2012

Ibrahim Kozli, the man that found the body of missing Druze soldier Majdi Halbi is demanding the NIS 10 million reward that the organization “Born to Be Free” (L’Chofesh Nolad) was offering for information leading to his (and other missing soldiers) being found.

“Born to Be Free” was established as an NGO in 2004 by former military personnel and public figures, with the goal of locating all of Israel’s missing soldiers.

One of their main tools was advertising in Arab countries and territories a NIS 10 million reward for information leading to the finding and return of the missing IDF soldiers.

In 2011, the Israeli government decided to stop funding the NGO, which they had been doing at the cost of NIS 11 million per year. It was decided that the NGO was not bringing in results – information leading to the missing soldiers.

In 2012, the NGO announced that it was shutting down for financial reasons.

This greatly upset the families of the missing soldiers at the time, and the government stated that they were still searching for the missing soldiers using other means.

Related story: Remains of Druze-Israeli Soldier Missing for Seven Years Identified

NIS 1 Billion in Mortgages Granted in First Half of October.

Monday, October 15th, 2012

In the first half of October, NIS 1 billion have been granted in new mortgages.  Considering that seven days were taken up by Jewish holidays, this is a robust number, according to a report by Israel’s Globes business magazine online.

The report states that Israel’s housing market has been heating up all summer, with many of the properties being purchased for investment.  NIS 3.2 billion in new mortgages were granted in September, a drop from the record NIS 5.8 billion granted for mortgages in August, but a 7% increase above the same month last year.

Olmert “Standing Tall” After Receiving Commuted Sentence

Tuesday, September 25th, 2012

Former prime minister Ehud Olmert told a press conference Monday that he leaves court “standing tall” after being handed a one year suspended sentence and a fine of NIS 75,300 for breaching the public trust in what has been called the “Investment Center Affair”.  Olmert was charged with using his position as Minister of Industry, Trade, and Labor to benefit his friends and colleagues.

If Olmert commits a similar crime in the next three years, he will have to serve jail time.

Analysts expected Olmert to be sentenced to at least six months of community service, which in and of itself would have been seen as a major coup. Though the state recommended a six month prison sentence to be served through community service, Olmert argued that he had been through enough after having given up his position as prime minister and undergoing 4 years of court cases and investigations and should therefore be given no penalty. The court ultimately agreed with his arguments.

Olmert was acquitted in July of all serious crimes related to a series of incidents.

Olmert, who turns 67 on September 30, has expressed an interest in re-entering the political arena.

Israeli Police Investigating Defense Ministry Embezzlement

Thursday, August 30th, 2012

Israeli police are concluding an investigation that a senior official in the Ministry of Defense embezzled more than NIS 2 million earmarked for defense purposes. Details of the investigation have not yet been publicized.

Printed from: http://www.jewishpress.com/news/breaking-news/israeli-police-investigating-defense-ministry-embezzlement/2012/08/30/

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