October 2018

The BIG group (shopping centers) has received a building permit for the establishment of BIG-Yehud Monosson. The center, which will open in two years and cover a total area of 25,000 meters, will include fashion chains from the largest Israeli brands, as well as restaurants and entertainment venues. Amount invested: approximately 300 million NIS Big Shopping Centers indicates that it has received a...

The finance and economy ministers have signed cooperation agreements with their German counterparts. Trade between Israel and Germany is around 8 billion dollars per year. The agreements are likely to advance the fields of technological innovation, in which Israel has an advantage. The Chief Economist Division will be responsible for relations with the German Treasury. Finance Minister Moshe Kahlon and...

The court approved the sale of the land located between Hayarkon Street and Herbert Samuel after a long dispute among the owners. The Ofer Investments group plans to build a twin tower for the project "Herbert Samuel 10". The Tel Aviv District Court approved on Tuesday the sale of a prestigious plot of land on Hayarkon Street in Tel Aviv. Judge Amit Yariv accepted the complaint filed by some of the...

The Nitzanim kibbutz will compensate the construction company Efgad for an amount of 1.4 million NIS following the cancellation of a construction agreement for the expansion of the kibbutz. The kibbutz and its subsidiary Apal signed a contract for the expansion of the kibbutz with 138 apartments 11 years ago. Two years later, the kibbutz announced that the contract had been canceled due to a change in...

On an official trip to Israel on October 3 and 4, German Chancellor Angela Merkel will receive an honorary doctorate from the University of Haifa. Throughout her life, Ms. Merkel has demonstrated "exemplary standards of excellence, wisdom, and humanity," praised Professor Ron Robin, president of the University of Haifa, in a statement. He added that it was a great privilege to honor her by awarding this...