Business in Brief: March 15

By GLOBES
March 14, 2011 22:11

Egyptian gas resumption delayed again; Layoffs said to begin at ‘Ma’ariv’; Bill provides free filtering software.

2 minute read.



Flames from February attack on Sinai gas pipeline

Egypt gas pipeline blast 311. (photo credit: REUTERS)

Egyptian gas resumption delayed again • By AMIRAM BARKAT

Egyptian natural-gas supplier EMG told its Israeli customers Monday that due to a leak on the Egyptian side, the supply of natural gas would not resume on time. On Sunday, Ampal-American Israel Corporation reported that East Mediterranean Gas Company (EMG) would resume natural-gas deliveries to Israel on Monday. Ampal, which owns 12.5 percent of EMG, had previously announced five postponements in the resumption of gas deliveries. In Sunday’s announcement, Ampal did not set an exact time for the resumption of gas deliveries.

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Last week, London-based Arabic daily A Sharq Al Awsat reported that Egyptian experts want to raise the price of natural gas sold to Israel. They said the gas costs the country a lot and that it was a waste for the Egyptian people. The report said Egypt was losing $9 million a day on its gas exports because of the low price.

Layoffs said to begin at ‘Ma’ariv’ • By LI-OR AVERBACH

Layoffs began at Hebrew daily Ma’ariv on Monday. Dozens of employees, mostly at the paper’s business supplement, including correspondents, editors and graphic designers, were called in to meet with editor-inchief Avi Meshulam and deputy editor Yoav Golan for hearings ahead of layoffs, people familiar with the matter told Globes.

The cutback plan by Ma’ariv Holdings Ltd. includes the firing of 120 employees from various departments within a month, as part of a larger laying off of 400 employees over the next few months, the sources said.

The paper’s sports section, magazine and business supplement will be consolidated with the main section within a month, they said.

Bill provides free filtering software

The Knesset Economics Committee on Monday approved a bill to filter out damaging website content, and it passed the second and third reading in the plenary. With passage, the law will require Internet service providers and cellphone companies to supply customers with free software for removing sites with content that insults or damages the public.

According to the bill, Web content that includes sexual abuse, scorn or abasement; incitement to violence or racism; or involves gambling will require Internet suppliers to inform subscribers of the dangers and how to protect themselves from them. • Judy Siegel


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