The regulations are intended to ease the application of Israeli corporate law to companies that trade on foreign stock exchanges, mainly in the United States, in a way that will allow them to operate under similar regulatory conditions to their competitors in those markets.
The Ministry of Communications informed the Israel Post of its intention to impose a financial sanction on the company in the amount of over one million Shekels (USD 275,000).
The decision is seen as part of an effort by Mahmoud Abbas to reform Palestine, creating a technocratic government in the West Bank that will be better prepared to govern Gaza as well after the conflict between Israel and Hamas ends, the report noted.
The IDF (Israel Defense Forces) confirmed that earlier on Wednesday Muhammad Abu Hasna, a Hamas terrorist in the operations department of the Rafah area in Gaza, was killed in an air strike.
The findings, published in the peer-reviewed Nature Microbiology journal, present a sophisticated mechanism in which viruses co-opt bacterial defence systems to regulate their behaviour.
The move represents a marked shift in Israeli policy. Prime Minister Benjamin Netanyahu previously vowed to not allow the PA to have a role in administering post-war Gaza.
The budget update anchors a projected deficit of about 6.6 per cent of GDP for 2024, and includes adjustments in the amount of about 20 billion Shekels (USD 5.6 billion) in 2024 and 2025.