The Israeli company SodaStream is to be acquired by PepsiCo for $3.2 billion. The CEO of SodaStream, Daniel Birnbaum, could earn up to $34 million in bonuses following PepsiCo's acquisition of the carbonated beverage manufacturer, according to a document issued to shareholders ahead of a special general meeting to approve the multi-billion dollar deal. The meeting, which will be held at SodaStream's...

Israel has categorically denied reports from Arab media indicating that Saudi Arabia has just acquired the "Iron Dome" air defense system. Earlier, the website Al Khaleej Online notably reported that according to "high-level diplomatic sources," a transaction between Jerusalem and Riyadh was made possible thanks to the intervention of the U.S. administration, which allegedly acted as a mediator....

The Central Bureau of Statistics has published a new report indicating that the population of the State of Israel has reached 8.9 million inhabitants. This figure represents an increase of 1.9%, or 162,000 more people compared to previous data, and is attributed to the natural growth of the population. Over the past year, there were 175,000 births against 43,000 deaths, as well as an influx of 25,000 new...

According to the WHO (World Health Organization), in seven years, half of the world's population will live in an area where water is at risk of running out. Israel has therefore focused on the production and optimization of water to secure its future. And its cutting-edge techniques are being exported worldwide. Water in Israel, an ancient and vital story The Negev Desert is both a gold mine and a backbone...

Legal Complaint: They invaded a plot of land and tried to sell it without the owners knowing. The owner of an agricultural plot in the Dalit al-Carmel area has called on the court to evict the squatters from the land he owns, on which they have built residential buildings, claiming they attempted to steal his rights and promote a plan to change the land designation. Complaint against illegal squatters:...

The local committee approved the construction of a large residential and hotel complex in the city. Avi Carel, a developer from Eilat, is expected to invest 300 million NIS in a complex comprising 146 hotel rooms and 207 residential apartments spread across 11 buildings. He indicated that he is in the process of issuing the building permit for the project. The land on which the project is planned is...

Bringing Nature Back to the City The shortage of land reserves in Israel has led to a significant increase in construction in recent years. A creative solution is therefore necessary to preserve our environment, which will remain green as an aesthetic value and as an ecological fabric contributing to our health by purifying the air. Until recently, tenants of 4 or 5-story buildings cultivated a garden at...

Since the beginning of the year, the Ministry of Labor has imposed fines of only 1.5 million NIS on contractors. The enforcement of penalties for safety risks on construction sites has been one of the Ministry of Labor's great hopes to reduce worker mortality, but on the contrary, in the meantime, the incidence of accidents has increased at an alarming rate. Since the beginning of the year, the law...

The next public craze: the kibbutz and moshav space for solar energy. Building permits for solar farms are currently granted to landowners as well as to villages with a certain number of square meters. These permits represent a form of compensation for abandoning agriculture, and some see it as a money-printing machine without work. Today, kibbutzim and moshavim are allowed to create solar fields with the...

Why are foreign investors interested in the South of the country? It is not new that the south of Israel is making headlines. Over the last 5 years, we have recorded a 30% increase in land purchases, leading to price increases in certain cities of more than 25%. Cities like Be'er Sheva, Sde Boker, and Dimona are popular among new families and investors. A new job market is flourishing in the area, with a...