Amiram Barkat On Sunday, July 26th, 2015

Noble Energy Israel chief: We won’t agree to reopening contracts

  “Noble Energy agreed to make large and painful concessions at the behest of the Israeli government because we believe that the gas framework creates certainty and makes it possible to proceed with More...

Amiram Barkat On Wednesday, July 22nd, 2015

Israeli Treasury estimates damage of European boycott

In 2013, the Ministry of Finance chief economist prepared a secret report that attempted to estimate the effects on the economy of a European boycott with various degrees of severity… For the full story, More...

Amiram Barkat On Wednesday, May 27th, 2015

First interest expressed in IMI privatization tender

Israeli investors have submitted a request to the Government Companies Authority for information about the Israel Military Industries Ltd. (IMI) privatization tender. IMI’s value is estimated at $5.7 – More...

Amiram Barkat On Monday, December 22nd, 2014

Regulator mulls ousting Delek, Noble Energy from Leviathan

– The Antitrust Authority has summoned the companies to review the compromise that let them hold the Leviathan gas reserve. –   The Antitrust Authority, headed by Prof. David Gilo, notified More...

Amiram Barkat On Tuesday, December 16th, 2014

Israel Electric Corp to Withdraw $4.2 Billion Suit over Killed Egyptian Gas Deal

Israel Electric Corporation (IEC) (TASE: ELEC.B22) may withdraw a $4.2 billion lawsuit that it filed against Egyptian government gas companies for halting the gas-flow to Israel. Senior IEC officials have dropped More...

Amiram Barkat On Thursday, November 27th, 2014

Treasury seeks $950 million transfer to Defense Ministry

– The amount is to cover some of the expenses of Operation Protective Edge in the summer. – The Ministry of Finance will today ask the Knesset Finance Committee to approve the transfer of a further More...

Amiram Barkat On Sunday, November 23rd, 2014

Treasury: Fitch outlook downgrade no surprise

– Fitch has cut its outlook for Israel’s foreign currency debt rating from Positive to Stable. –   Israel’s Ministry of Finance sees the downgrade of Fitch Ratings’ of its More...

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Amiram Barkat On Wednesday, October 29th, 2014

Israeli Treasury to Encourage Internet Purchases Abroad to Offset Cost of Living

The Ministry of Finance is removing barriers and facilitating purchases of overseas products on the Internet, as part of its comprehensive program for lowering the cost of living currently being formulated. More...

Amiram Barkat On Monday, October 6th, 2014

Gov’t Approves $5.5 Billion Gas, Ports Privatization Plan

The socioeconomic cabinet, headed by Prime Minister Benjamin Netanyahu, today approved a plan by the Government Companies Authority and the Ministry of Finance to issue shares in government companies on More...

Amiram Barkat On Sunday, October 5th, 2014

Israeli Treasury $277 Million Squeeze Killing 50 Year JNF Deal

A day after distributing the state budget bill, it appears that the Ministry of Finance is planning to focus its main effort on getting $277 million out of the Jewish National Fund (JNF). The results of this More...

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