Articles by November, 2022

The salary of senior officials in the economy increased by about 13% in 2021 and averaged about 1.93 million shekels, compared to about 1.71 million shekels a year earlier.The average salary of senior executives even exceeded what they received in 2019, before the corona virus, when it was about NIS 1.86 million - an increase of about 3.5%. This is according to the data of an economic study recently conducted by the consulting and accounting firm BDO in the field of remuneration of senior officers, which monitors the salary of the five senior officers (Chairman, CEO, CEO of a subsidiary...

The Tnuva company announced the increase in the price of non-supervised milk products and milk substitutes by 4.7% on average and up to 4.9% at the maximum. The price increase will take effect next week, starting November 22. Tnuva announced this to all points of sale: among others containers, marketing chains and the institutional market (restaurants, cafes, hotels and offices)

The Organization for Economic Cooperation and Development (OECD), the organization of developed countries of which Israel is also a member, warns the Israeli government and recommends that it not increase government spending in a broad and permanent way, since such an increase may increase inflationary pressures and result in the need for a tightening of monetary policy, that is to say Additional interest rate increases - this is what the organization's economists write in an updated global report published on Tuesday. The organization also estimates that the level of interest in Israel...

Teva is required to pay the state treasury a tax totaling NIS 6.9 billion. The company is conducting a series of legal proceedings with the Tax Authority regarding this demand, which has not yet been decided. The company's stock closed trading in Tel Aviv with a decrease of more than 6.5% and at this time it is trading on Wall Street with a decrease of about 3%

One person was killed and 14 others were injured this morning (Wednesday) in a combined attack that occurred at two central bus stations in Jerusalem, one of them in critical condition and two in critical condition. The attacks were apparently caused by explosive devices planted in the arenas. From documents from the scene, you can see the great damage caused to the place, including the nearby fence. The first explosion happened at the bus station at the entrance to the city. The MDA team that was called to the scene provided medical treatment to the injured and evacuated them to the...

The profits of New-Med Energy (formerly Delek Drilling), Yitzhak Tshuva's gas company that owns about 45% of the Leviathan reservoir, soared in the third quarter of the year. The partnership also reported record profits in the third quarter of the year thanks to record production of gas from the reservoir, and the increase in natural gas prices over the past year following the war waged by Russia in Ukraine. It recorded record profits in the third quarter of NIS 123 million. The company will distribute a dividend of NIS 50 million.

The military censorship allowed the publication that the video published by an Iranian hacker group called "Moses Staff", which contained additional documentation of the attack in Jerusalem, was taken from the cameras of a large security body. It is not impossible that the group stopped the activity of the cameras in order to prevent the possibility of tracing the perpetrators. However, without intending to, the distribution of the videos may indirectly help the Shin Bet and the police, in an attempt to locate the suspects, using security cameras in the more distant environment in the area...

The first round of negotiations for the signing of a free trade agreement between Israel and Bahrain has ended and significant progress has been made.The negotiating teams of Israel and Bahrain met this week in Manama, the capital of Bahrain, and discussed various issues including trade in goods, regulation and standardization, customs, trade in services, government procurement, e-commerce and the protection of intellectual property rights. The delegation, led by the Foreign Trade Administration of the Ministry of Economy and the industry and other representatives from the ministry, as...

The Organization for Economic Cooperation and Development (OECD), the organization of developed countries of which Israel is also a member, warns the Israeli government and recommends that it not increase government spending in a broad and permanent way, since such an increase may increase inflationary pressures and result in the need for a tightening of monetary policy, that is to say, Additional interest rate increases - this is what the organization's economists write in an updated global report published today (Tuesday). The organization also estimates that the level of interest in...

Israel Railways canceled train traffic on Saturday night due to a "national signaling fault". The train does not know how the malfunction was caused, and claims that there is no indication of a cyber attack or damage due to the stormy weather at the weekend. There may be disruptions in train traffic in the morning as well