Israel's first minister to visit Egypt since 2011 will return in May for the establishment of the Mediterranean Natural Gas Organization.
The head of the Sheshinski Committee asserts that the tax instituted in 2011 has dramatically increased the government take from Israel's natural gas reservoirs.
The unclear formula for calculating the tax and loopholes leave room for tax planning, explains Avishai Ovadia.
The Israeli solar energy company will pay $77 million for a 51% stake in SMRE and make an offer to purchase the remaining shares.