Article: Investment Center gets NIS 500 M. (Israel Ministry of Industry and Trade's Investment Center)

The Ministries of Finance and of Industry and Trade have agreed to add NIS 500 million to the budget of the Ministry of Industry and Trade Investment Center provided that the Center applies more stringent criteria when granting approved enterprise status. The Center had stopped issuing approvals, since its budget had been fully committed. Following agreement between the Ministries, the Center will cancel all approvals which were not implemented and will now give preference to investments ...

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