Articles by June, 2021

 Israeli high-tech is breaking records: Raised over $ 10.5 billion since the beginning of the year
325 Views Details

by Ifi Reporter

Category: Hitech

The Israeli high-tech industry does not stop breaking records. According to Start Up Nation Central (SNC), a company that connects the Israeli high-tech industry to organizations and investors from around the world, start-up companies in Israel have raised over $ 10.5 billion since the beginning of the year - the amount raised in 2020 as a whole. In the last few days alone, Gong and Verbit have announced huge fundraisers of $ 250 million and $ 157 million, respectively. The huge fundraising phenomenon of high-tech companies coming close to their other fundraisers is another feature of the...

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Jun 10, 2021

Huge IPO on Wall Street: Monday will start trading on Nasdaq at a value of $ 6.8 billion
301 Views Details

by Ifi Reporter

Category: Start Up

The largest Israeli IPO on Wall Street is underway. Monday has completed its initial round of funding and will begin trading today in New York at a value of $ 6.8 billion. The IPO closed at $ 155 a share, above the original range, promising a $ 573 million raise for the company. The stock is expected to be traded on NASDAQ under the symbol "MNDY". Monday is a work OS, through which organizations of all sizes can create the tools and processes they need to manage every aspect of their work. Monday enables an efficient and intuitive way to manage teams, projects, business processes, complex...

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Jun 10, 2021

Amazon Web Services  will set up 3 server farms in Israel in 2023 in an investment of $ 2 billion
431 Views Details

by Ifi Reporter

Category: Government

AWS (Amazon Web Services) will set up local server farms in Israel in 2023, the company announced, which recently won the cloud tender (Nimbus project) of the State of Israel. It will probably be the last supplier to silence local infrastructure in Israel. This is after Microsoft, Oracle and Google, which also won the tender, will also have local infrastructure. According to the announcement by AWS, which is the arm of Amazon that deals with cloud services, the computing infrastructure it will establish will allow the government, educational institutions and nonprofits to run and run their...

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Jun 11, 2021

Thousands demonstrated near prime minister's residence - Benet calls to treat Netanyahu with respect
332 Views Details

by Ifi Reporter

Category: Politics

About 1,500 people came to demonstrate Saturday night near the prime minister's residence in Jerusalem, on the evening of the last Saturday before the expected inauguration of the new government. The demonstrators came to the weekly demonstration in Paris Square as part of a protest against Netanyahu. The designated prime minister, Naftali Bennett, said in a press release: "This is not the time for demonstrations and provocations. I call for Netanyahu and his family to be treated with respect." In another demonstration held by the organization of black flags at the Nahariya junction, a man...

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Jun 12, 2021

Consumer price index rose by 0.4% in May and Since the beginning of the year the index rose by 1.5%
476 Views Details

Prices continue to rise: The consumer price index rose by 0.4% in May, very close to various forecasts. Since the beginning of the year, the index has risen by 1.5%. This means that for the first time in two years, inflation in Israel - which reflects the rise in the index in the last 12 months - is within the target range (annual inflation of 1% -3%). Apartment prices, which are not part of the consumer price index, are also rising. Housing prices jumped by 1% in transactions made in March-April 2021, compared with February-March 2021. Since the beginning of the year, housing prices have...

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Jun 15, 2021

The volume of mortgage performance soared in May to a peak of NIS 9.473 billion
291 Views Details

by Ifi Reporter

Category: Real Estate

The volume of mortgage performance soared in May to a peak of NIS 9.473 billion. This emerges from data published by the Bank of Israel. In May, there was a 14% increase compared to the amount of mortgages marketed by the banks in April, and an increase of 82% compared to May 2020 - which was affected by the corona closures. The increase in the amount of mortgages reflects the increase in the marketing of apartments, the prices of apartments and the upward trend in the rates of leverage and risk that buyers take on in the effort to purchase apartments

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Jun 15, 2021

272 Views Details

by Ifi Reporter

Category: Hitech

The Innovation Authority's report shows that Israeli high-tech workers, who constitute about 10% of the employees in the economy, are responsible for about sixty percent of the income tax receipts from employees in Israel. According to the report, the high-tech companies are responsible for 43% of Israeli exports and 40% of the value of the companies in the Tel Aviv 35 index of the large companies on the Tel Aviv Stock Exchange. The employees of the R&D centers of the multinational companies in Israel are relatively responsible for tax payments that are six times larger than their share...

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Jun 15, 2021

268 Views Details

by Ifi Reporter

Category: Hitech

The Innovation Authority's report shows that Israeli high-tech workers, who constitute about 10% of the employees in the economy, are responsible for about sixty percent of the income tax receipts from employees in Israel. According to the report, the high-tech companies are responsible for 43% of Israeli exports and 40% of the value of the companies in the Tel Aviv 35 index of the large companies on the Tel Aviv Stock Exchange. The employees of the R&D centers of the multinational companies in Israel are relatively responsible for tax payments that are six times larger than their share...

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Jun 15, 2021

261 Views Details

by Ifi Reporter

Category: Hitech

The Innovation Authority's report shows that Israeli high-tech workers, who constitute about 10% of the employees in the economy, are responsible for about sixty percent of the income tax receipts from employees in Israel. According to the report, the high-tech companies are responsible for 43% of Israeli exports and 40% of the value of the companies in the Tel Aviv 35 index of the large companies on the Tel Aviv Stock Exchange. The employees of the R&D centers of the multinational companies in Israel are relatively responsible for tax payments that are six times larger than their share...

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Jun 15, 2021

High-tech companies are responsible for 43% of Israeli exports - Number of start-ups declined by 70%
273 Views Details

by Ifi Reporter

Category: Start Up

The Innovation Authority's report shows that Israeli high-tech workers, who constitute about 10% of the employees in the economy, are responsible for about sixty percent of the income tax receipts from employees in Israel. According to the report, the high-tech companies are responsible for 43% of Israeli exports and 40% of the value of the companies in the Tel Aviv 35 index of the large companies on the Tel Aviv Stock Exchange. The employees of the R&D centers of the multinational companies in Israel are relatively responsible for tax payments that are six times larger than their share...

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Jun 15, 2021

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