Storage Drop’s portion of the grant to develop innovative cooling systems in the EU funding program - HORIZON in the Clean and Efficient Cooling 2023 Track - is €1 million.
Analysts are concerned that the recent weakening of the shekel and the problems in the housing market may persuade the Bank of Israel Monetary Committee not to cut the rate in April.
The former controlling shareholder in "Globes" built an empire spanning real estate, retail and the media, before it all unraveled into Israel's largest-ever bankruptcy last decade.
The former Manufacturers Association of Israel president was convicted of evading taxes worth NIS 1.5 million and forging a document that was submitted to the Tax Authority.
Baulked in his attempt to oust Israel Postal Company chair Mishael Vaknin, Minister of Communications Shlomo Karhi accuses the company of unauthorized branch closures.
According to the latest SIPRI report, Israel share of global arms exports declined in 2019-2023, while Italy, Turkey and Iran gained share significantly.