Financial

The technology and insurance group Wesure Global Tech reports today that the Ayalon transaction has been completed, in which Vishur acquires 67% of the shares of the Ayalon insurance group for approximately NIS 447.6 million. Vishor also reports at this stage on the signing of a financing agreement with a leading banking corporation that will grant it a loan of approximately NIS 90 million, an agreement that expresses an expression of trust in the transaction and its ability to maximize value

There has been a 26% decrease in the volume of bond issues since the beginning of the year, according to an analysis conducted by the credit rating company Maalot S&P. The analysis shows that half of the issues were concentrated in 10 companies A total of NIS 42 billion has been raised in the bond market since the beginning of the year, a decrease of 26% compared to the volumes in the second half of 2021 and a jump of 75% compared to the volume of raising in the first half of 2021. The first half of 2022 and the second half of 2021, especially compared to previous periods, came mainly to...

The average wage in public bodies increased slightly in 2020 compared to the increase in the average wage in the economy, but still senior officials in several public bodies earned tens of thousands of shekels a month each - much more than the average wage. Women fill only about 30% of the positions of high-ranking officials and wage earners. This is compared to 27% in the years 2015 to 2019. Gender pay gaps decreased by 0.7% in the five years to 2020 and by only 0.1% in 2020 and stood at 35% in favor of men's wages. Excluding officials and high-wage earners, the gender pay gap was 22%.

After a long period of internal struggles at the airline that led to the cancellation of over 100 flights since the last Independence Day, the current saga seems to have come to an end. El Al reported on Sunday to the Tel Aviv Stock Exchange that an agreement had been signed between it and the Histadrut and the pilots' committee, which will apply immediately by the end of 2025. The company stated that "as of this date, the company cannot assess the effect of signing the agreement on its business results." After the report: El Al shares rise by about 10%

Prime Minister Yair Lapid and Economy Minister Orna Barbibai announced on Monday evening that they had agreed on a more moderate and gradual increase in the price of bread. The price of the uniform sliced ​​bread will increase by 5.5% instead of 11% as previously planned. The price of challah will increase by 8% instead of 21% and the price of flat bread will increase by 5% instead of 36%. Another increase in price will take place in the month of December, when the price of the uniform sliced ​​bread and the price of challah will increase as determined by the price committee, while the...

The price of electricity will increase this Monday at a rate of 8.6%, one percent less than the original decision of the Electricity Authority. This means that the price of electricity will increase on average for a family in two months by about 86 shekels, which is 43 shekels per month and more than 500 shekels per year. The Electricity Authority announced the final price on Wednesday evening after holding an oral hearing procedure for the main parties who challenged the decision to raise the price of electricity at such a high rate, led by the Association of Manufacturers, whose leaders...

Enterprise video solutions company Kaltura reports that it has received a purchase offer at a value of $383 million, a 27% premium over the last closing price on Wall Street. The potential buyer is a competitor of Kaltura called Panopto, which already at the beginning of June announced its intention to buy Kaltura. Earlier this month, it already put a concrete offer on the table, but Kaltura for its part only disclosed the contacts now, when the offer was improved, and more importantly - when Panopto's partner in the move, the K1 Foundation, became an interested party in Kaltura and left...

After six consecutive months of increases, fuel prices will drop sharply tonight at midnight - according to the Ministry of Energy announcement. The decrease is recorded following the drop in oil prices in the world in the last month, and after last week the Ministry of Finance published an order that expands the reduction of the excise tax on fuel to NIS per liter. The order that reserves the reduction of the excise tax on fuel will be in effect until the end of the month, after which it will be possible to extend it

The Israeli cyber giant Check Point presented its second-quarter report and managed to overtake the analysts' forecasts in the key indicators: the company's revenues jumped by 9% to 571 million dollars, and the diluted earnings per share (the key figure in this article which is Non -GAAP) was $1.64, compared to average expectations for revenues of $560 million and earnings per share of $1.62

The government price committee recommended on Wednesday evening to raise the price of supervised nurseries by a high amount of NIS 500 per month. Ynet has learned that the ministers of finance and economy will not approve the recommendation: "This is a disproportionate harm to the public of parents." Failure to raise the price may result in at least some nurseries not opening