Articles by May, 2022

Hospital medical staffs work in limited format in protest of recent violence in medical centers
145 Views Details

by Ifi Reporter

Category: Health

Hospital medical staffs work Thursday morning in a Saturday format in protest of recent cases of violence in medical centers. Protests and demonstrations are taking place in hospitals across the country with the participation of senior Ministry of Health officials. The director general of the ministry, Prof. Nachman Ash, said that this is a "difficult time", but the phenomenon is not new. "We have been dealing with it for a very long time. "In the last few months there have been a number of difficult incidents and there are a lot of small incidents that do not reach the eye of the media and...

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May 19, 2022

Bank of Israel decided to raise the interest rate  in the economy by 0.4 percentage points to 0.75%
149 Views Details

The Monetary Committee of the Bank of Israel decided today (Monday) to raise the interest rate in the economy by 0.4 percentage points, so that the interest rate in the economy will now rise from 0.35% to 0.75%. This is the second rise in interest rates in the economy after a previous rise in April. The relatively sharp rise, contrary to the forecasts of most economists for an increase to 0.6%, signals the intention of the Bank of Israel to fight more resolutely to moderate the rate of inflation in Israel. The last time the interest rate reached 0.75% was in July 2014, about eight years ago

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May 23, 2022

Knesset approved the law to finance 75% of Academic studies for discharged soldiers
131 Views Details

by Ifi Reporter

Category: Government

At the end of long hours, and after the exchange of attacks between the coalition and the opposition, the proposal to finance studies for discharged soldiers was finally approved tonight (Monday to Tuesday). The Likud agreed to accept a compromise proposal presented at the last minute by Defense Minister Bnei Gantz, according to which the funding will be 75% of the tuition fee, along with an immediate transfer of the money to the fighters. The coalition had a hard time finding the majority for long hours. Ra'am chairman Mansour Abbas pledged to support the vote - but there was no certainty...

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May 23, 2022

Bank Leumi: Profit of of NIS 1.6 billion in the first quarter - an increase of 23%
410 Views Details

by Ifi Reporter

Category: Banking

A very successful start to the year for Bank Leumi. According to the Bank's report for the first quarter of 2022 published on Tuesday, its net profit amounted to NIS 1.6 billion, an increase of 23% compared to NIS 1.3 billion in the corresponding quarter last year. In light of the profit, Leumi will distribute dividends to shareholders in the amount of NIS 322 million, which constitute 20% of the net profit. Leumi also enjoyed growth in credit portfolios in the business (11.2%), commercial (9.7%) and mortgage (4.2%) sectors. As a result, as well as the index gaps, the Bank's interest...

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May 24, 2022

"Employment rate of ultra-Orthodox and Arab women in the fourth quarter of 2021 amounted to 81%"
126 Views Details

by Ifi Reporter

Category: Government

Report for 2021 of the employment arm of the Ministry of Economy and Industry: The employment rate of ultra-Orthodox and Arab women in the fourth quarter of 2021 was high compared to 2019, on the eve of the corona crisis, and even reached the employment target set by the government for 2030 - 81%. This is the highest figure in the rate of women among ultra-Orthodox women in Israel, and very close to the employment rate of non-ultra-Orthodox Jewish women, which stood at 83% in the fourth quarter of 2021. However, it is interesting to note that a recently published report by the News...

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May 25, 2022

Histadrut chairman Arnon Bar-David defeated former chair Ofer Eini and won 78% of the votes
198 Views Details

by Ifi Reporter

Category: Politics

Histadrut chairman Arnon Bar-David defeated former Histadrut chairman Ofer Eini in Tuesday's Histadrut elections. Bar-David won 77.78 percent of the vote, while Eini won 22.24 percent, according to the announcement of the Election Commission. The final turnout in the election for the position of chairman was 42.3%, which is 254,000 people - out of 601,000 who have the right to vote. In the elections to the Histadrut conference, Bar-David's faction, Anchors, won 78.6% of the kosher votes, numbering only about 130,000. The All of Us Rock Eye faction won 21.4% of the vote. Bar-David (65) took...

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May 25, 2022

Israeli Amdocs  has signed a binding agreement to acquire the UK-based MYCOM OSI for $ 188 million
161 Views Details

by Ifi Reporter

Category: Financial

Amdocs, which provides software and services to communications companies, has signed a binding agreement to acquire the UK-based MYCOM OSI for $ 188 million. MYCOM OSI provides software services to subscribers to control and secure services and communication networks in a cloud-based environment for communications companies. Amdocs, managed by Shuki Sheffer, notes that the acquisition will expand its network of products and solutions in the field of network management and optimization of the network resources and services provided on it, including control capabilities and securing...

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May 25, 2022

Teva continues to sign compromises in the opioid case: reached an agreement with West Virginia
159 Views Details

by Ifi Reporter

Category: Law

Teva continues to sign compromises in the opioid case - which indirectly caused the deaths of 500,000 drug users in the U.S., amid addiction to these substances - that has plagued the stock in recent years. Acquired by ABBVIE -0.36% in 2019. The two companies will jointly pay $ 161.5 million. In practice, Teva will pay the state $ 75 million over a 15-year period, along with hassle and legal costs of $ 8 million. Teva will also supply the Narcan drug over a 10-year period worth $ 27 million. West Virginia has already reached agreements with Johnson & Johnson, by the way

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May 26, 2022

The government is expected to approve Sunday a plan to promote and expand economic ties with Egypt
141 Views Details

by Ifi Reporter

Category: Government

The government is expected to approve at its weekly meeting on Sunday a plan to promote and expand economic ties between Israel and Egypt. The plan was formulated following visits by the Prime Minister, the Foreign Minister, the Minister of Economy and the Minister of Energy to Egypt over the past year, as well as the Egyptian Foreign Minister's visit to Israel. Among the goals of the program: assistance to significantly increase long-term and broad-ranging engagements between companies, organizations and governments of the two countries; Significantly increase knowledge exports, civic...

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May 27, 2022

The CEO of the public broadcasting corporation "Kan", Eldad Koblenz is being fired after 7 years
216 Views Details

The CEO of the public broadcasting corporation "Kan", Eldad Koblenz, is leaving his position after seven years. He will be temporarily replaced by the corporation's vice president of television, Tal Freifeld. Koblenz was due to end his term in March 2023 but was forced to resign after a dismissal order was issued by the corporation council last month. Koblenz petitioned the Labor Court for a restraining order against his dismissal, but the president of the Jerusalem Regional Labor Court, Justice Eyal Avrahami, ruled on Thursday that the hearing procedure for Koblenz was lawful. The...

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May 28, 2022

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