Articles by May, 2022

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...

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...

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

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...

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...

At least another 10,000 businesses are expected to receive compensation for the decline in turnover in their businesses during the peak of the corona plague during this period the Omicron, which left about half a million citizens in isolation in homes and caused a significant decline in growth in the first quarter of the year. The addition of thousands of business owners to the compensation and grant scheme will be made possible due to an improvement in the scheme of aid grants to businesses that were adversely affected by the spread of the Omicron strain, which was decided by the Knesset...

Half a year after declaring that "natural gas will wait", Energy Minister Karin Elharar instructed her office staff to prepare for the fourth competitive procedure for natural gas exploration in the State of Israel's economic waters. This was announced at a press conference held on Monday at the Ministry of Energy. The Minister noted that the new directive stems from the war in Ukraine and its effects on the supply of natural gas to the European continent. She updated that she instructed the director of her office, Lior Shilat, to launch the fourth competitive procedure for exploring...

Economy Minister Orna Barbibai and Emirati Economy Minister Abdullah bin Tok al-Marie signed a free trade agreement with the United Arab Emirates in Dubai. The Ministry of Economy estimates that the volume of trade between the two countries, which now reaches almost $ 900 million a year, is expected to grow in the coming years to about $ 3 billion a year. The United Arab Emirates is the first Arab country with which Israel has signed a full free trade agreement. The free trade agreement was made possible after the normalization between the two countries under the Abrahamic Agreements in...