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Tech Israel
Daily Updates from Silicon Wadi for
Tuesday, March 28, 2023
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UK’s BP teams up with Abu Dhabi state oil group to buy 50% of Israel’s NewMed Energy
By
Sharon Wrobel
Offer values NewMed, a key stakeholder in Israel’s Leviathan offshore gas field, at about NIS 14.1b ($4b); tentative deal is called a ‘testament’ to Israel-UAE ties
Promoted Content
Israeli private electric plane will soon be ready for take off
AIR ONE, created in Pardes Hana, has more than 300 advance orders ahead of its expected launch in 2024
Bank of Israel head issues new warning on overhaul, says bodies’ independence vital
By
ToI Staff
In letter to cabinet alongside central bank’s annual report for 2022, Amir Yaron writes that major changes must be done with broad agreement, preserve institutions’ professionality
Finance minister cancels tax on sweetened drinks; doctors slam move as irresponsible
By
ToI Staff
Bezalel Smotrich says act will significantly reduce consumer costs ahead of coming Passover holiday; physicians union says government ‘ignoring voice of reason’
State budget passes first Knesset plenum reading; Gallant skips vote
By
ToI Staff
Bills set aside NIS 485 billion in 2023, NIS 514 billion in 2024; Smotrich says bills promote ‘financial stability’; Liberman warns Israel on way to unprecedented crisis
Knesset passes ‘Hametz Law’ allowing hospitals to ban leavened products on Passover
By
ToI Staff
Law does not allow searches of visitors’ belongings; opposition leader Lapid warns legislation will only push more secular people to resist what they see as religious coercion
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