Articles by April, 2021

The Israeli cyber solutions maker Check Point's revenue grew 4% in the first quarter of 2021, according to the company's reports published a short time ago. The forecasts, which expected its revenue to be $ 502 million. Its operating profit (GAAP) for the quarter was $ 215 million, an increase of 7% compared to its operating profit for the same quarter last year, which was $ 201 million. Its non-GAAP adjusted operating income was $ 246 million - a 6.4% increase over the previous quarter, when adjusted operating income was $ 231 million. The company's free cash flow was $ 375 million,...

The Ministry of Health has announced that it intends to bring further relief to the public. The lifting of more Corona restrictions will be brought to the government for approval. Among other things, the occupancy restrictions for places operating within the green label will be abolished, and conditions will be defined for activity and the introduction of food. Entry to attractions in enclosed buildings and activities in gyms and swimming pools will be possible even without vaccination, and will operate in accordance with the purple mark. The reliefs will take effect on May 6, next...

Delek Drilling reported today (Monday) that it has signed a non-binding memorandum of understanding for the sale of its entire share in the Tamar reservoir (22%) to the Mubadella Petroleum Company in Abu Dhabi. The company is part of Abu Dhabi's national investment company, which manages assets worth about $ 230 billion. This is the largest commercial agreement signed between the countries since the normalization agreements with the Emirates and it was signed as part of the gas outline in which Delek Drilling undertook to sell its holdings (22%) in the Tamar reservoir by the end of 2021....

19th place in the world in the GDP per capita ranking - the figure that sounds almost dreamy, appears in the IMF database. With $ 43,689, Israel is below only 18 countries out of 194 countries in GDP per capita in nominal terms. These IMF figures present a flattering picture, but they are problematic. When you look at the significant figure that allows comparison to other countries - GDP per capita in terms of purchasing power parity (PPP), GDP per capita in Israel is $ 40,547, and its place in the world ranking is 35, similar to what it had for several years And Macau, we are about 30th...

Prime Minister Benjamin Netanyahu does not withstand the pressure and crashes. He decided to appoint blue-and-white chairman Beni Gantz as justice minister in the transitional government - three hours before the High Court was due to discuss the appointment of Ophir Akunis to the post. A statement from Netanyahu said the appointment would be approved by the government today. "The prime minister has submitted a detailed response to the Supreme Court that completely rejects the argument that yesterday's debate in the government was against the law," it said, "nevertheless, after the prime...

Intel announces the recruitment of 1,000 new employees in the coming year to the company's various development centers in Israel, along with the recruitment of an additional 400 for the artificial intelligence activity, which is conducted separately. The move comes after the company froze on its staff in terms of recruitment in 2020. At the same time, the company announces the construction of a new campus in the city of Haifa with an investment of $ 200 million. Pat Glasinger, CEO of Intel Global, will visit Israel next week as part of the announcement of the establishment of the center,...

The Indian strain of Corona virus was found in five students from different schools in Israel. This is according to data from the Ministry of Health's situation assessment report distributed this morning (Thursday). The schools where this variety was located are: Dekel Vilnai and the field plant in Ma'ale Adumim, paths in Pardes Hanna, Keshet in Ashdod and Yosef in Holon. To date, the Ministry of Health's national genomic flooring system has identified 41 cases of Indian variant, of which 24 are from abroad (21 foreigners) and 17 cases in the community, some of which have no connection to...