Articles by 0 May, 2021

The largest mass event since the beginning of the Corona period has become one of the greatest disasters in the country's history: 44 people were killed and more than 100 were injured last night (Thursday to Friday), including 23 in critical condition, at the Toldot Aharon storks' lighting compound on Mount Meron. Around 3:00 a.m., ambulances finished evacuating all the wounded to hospitals in the northern region, and police subsequently continued their efforts to evacuate all participants from the mountain. Dozens of buses on their way to the scene were turned around, and encountered...

Shikun VeBinui, controlled by Nati Saidoff, continues to expand its activities in the renewable energy market in the United States. Shikun VeBinui acquired 49% of a 400-megawatt energy storage facility under construction north of Los Angeles for NIS 190 million. By the Swiss investment fund Capital Dynamics, which specializes in investing in renewable energy assets. The project was purchased from Strata Solar and is located in the city of Oxnard, located 40 km north of Los Angeles. It was established at a total cost of NIS 750 million, financed in equal parts by equity and bank financing...

Doral shares rose 9.75% at the start of trading, after the company signed a huge deal to partner with the insurance company Migdal in renewable energy investments in the US. Migdal will invest $ 110 million in the purchase and allotment of 20% of the shares of Doral's American subsidiary Doral. Energy Generation (Doral Energy Generation) With the completion of the transaction, Doral's holding in the subsidiary will decrease from 50.1% to 41%, and the American partner Nicholas Cohen, who will sell shares in Migdal for $ 20 million, will hold 39% of the shares of The subsidiary. Migdal will...

First cases of the Brazilian variant of Corona in Israel: A vaccinated baby and adult who returned from abroad became infected with the Brazilian variant and were diagnosed in Israel. The Ministry of Health said on Monday evening that a first case of the variant originating in Chile had also been diagnosed in an Israeli who had returned from abroad. The Ministry of Health announced that as of Monday, new directives regarding entry into and exit from and from Israel came into force. The National Genome Flooring Array has located 19 more verified Indian strain among foreigners. A total of...

The salary report for 2019 published today (Tuesday) by the Minister of Finance's salary, Kobi Bar-Natan, once again reports a particularly high salary paid to hundreds of employees in public bodies, up to an average monthly salary cost of NIS 119,000 for the 12 senior employees in the PA Airports. The report again includes serious data on huge wage gaps between men and women in public bodies, although the wage commissioner has made efforts in this area in recent years and told us today that "we see some improvement in this area." The wage gap between men and women continues to be high...

President Reuven Rivlin imposed the mandate to form the government on Yesh Atid chairman Yair Lapid, who won most of the recommendations after Benjamin Netanyahu failed to form a government and returned the mandate a few minutes before midnight. Ynet broadcast the president's statement live. After receiving the mandate from Rivlin, Lapid said: "The president today imposed on me the mandate to try to form a unity government in Israel. After two years of ongoing political nightmare, Israeli society is wounded. The unity government is not a compromise - it is a goal." According to Lapid, "We...

The recovery of the economy is much broader than expected. April recorded a record state revenue for this month from taxes in recent years. Despite the holidays, total tax revenue in April 2021 was NIS 30 billion. The data, which will be officially published on Sunday, show that this is an increase of close to 30% compared to the state's tax revenues in April 2019, before the corona crisis, which amounted to NIS 23.6 billion. In April 2020, of which the first closure was for 19 days, tax revenues were particularly low at NIS 21.9 billion. The increase in tax revenues last month is due to...

After the mandate for the formation of the government was given to chairman Yesh Atid Yair Lapid, Netanyahu's opponents are preparing for the implementation of the most complex stage to date - a real and public attempt to form a government and prevent a fifth election. From the moment the possibility of forming a government with Netanyahu was dropped, among other things in light of Smutrich's opposition to joining the government with RAAM and Gideon Saar's opposition to joining a government in which Netanyahu will serve as prime minister at some point, Naftali Bennett announced Wednesday...

A new record in the Bank of Israel's foreign exchange reserves rapidly approaching $ 200 billion. Foreign exchange reserves totaled $ 193.996 billion at the end of April 2021, an increase of $ 8.316 billion compared to the end of March. The balances constitute 48.1% of gross domestic product. The increase in balances is explained by foreign currency purchases by the Bank of Israel in the amount of $ 5.266 billion and transfers by the private sector in the amount of approximately $ 186 million. In addition, foreign currency reserves were revalued in the amount of approximately $ 3.129...