Latest Articles
Category: Government
The Ministry of Transportation and the Tel Aviv Municipality have announced that the new central station in the city will continue to operate in the coming years. According to the agreement between the parties, the evacuation of the station will be completed within four years. Within about two years, about 50% of the activity at the station will be transferred to bus terminals to be built on Harash Street and on the Tel Aviv-Holon border. Sources involved in the matter doubted that the plan would actually be implemented within the defined time periods, and estimated that the activity at...
Dec 31, 2021
Category: Health
4,916 Israelis received a message on Thursday that they are positive about Corona. This is the highest daily verified number since September 27th. However, Channel 12 reported that the Ministry of Health is considering abolishing the isolation of returnees abroad. A total of 157,600 tests were deciphered and the positive rate was 3.15%. This is the highest positive percentage since October 1st. At the same time, the infection rate continues to rise and this morning stands at 1.71 - indicating a very widespread spread of the plague. 169 corona patients are hospitalized in hospitals around...
Dec 31, 2021
Category: Health
Senior Health Ministry officials convened a press conference to discuss how to deal with the Omicron strain. The event was attended by the Minister of Health, Nitzan Horowitz, the director-general of the ministry, Prof. Nachman Ash, the project manager, Prof. Salman Zarka, and the head of the public health services, Dr. Sharon Elrai Price. During the press conference, senior ministry officials noted that it is mandatory to wear a mask in open spaces, where there are more than 50 people. Prof. Ash signed the order requiring the mask to be worn outside, and the directive, it turns out, went...
Dec 30, 2021
Category: Financial
The Audit Committee and the Board of Directors of the Renewable Energy Company, Meshek Energy, approved the agreement under which the kibbutz economies will purchase 40.6% of the shares of Dalia Energies, which operates one of the largest conventional power plants in Israel, at a company value of NIS 3.18 billion. This is in exchange for the allotment of 68% of its shares at a company value of NIS 623 million. As part of the deal, Energy Farm, managed by Chen Melamed, will also acquire 50% of the shares of Mi-Ram, a company that distributes and supplies electricity in the kibbutz sector -...
Dec 29, 2021
Category: Health
Prime Minister Naftali Bennett said this morning in an interview on the "This Morning" program on Kan B that "we are just before the contagion storm - on a scale we have not seen in Israel." Bennett added that according to the isolation policy that is expected to be adopted by the government, vaccinated people will not be required for isolation - even if they are exposed to a verified patient. The Prime Minister stressed that the data on the hospitalization of children in the world due to the spread of the omicron are on the rise and called on parents to vaccinate their children. The...
Dec 28, 2021
Category: Financial
Osem-Nestle has published a document to the food chains about the expected move in which product prices will rise in the various catalogs of the company's brands. In the document, Osem clarified that it intends to raise prices by more than 5% for all products. At the same time, Osem Nestlé clarifies that the "Materna" brand products will not be included in the price change round and will remain at their stated prices today. Osem is one of the three largest companies that hold the largest market shares of food products in the country, with 7.5% of all products marketed in the country. In...
Dec 28, 2021
Category: Hitech
H2PRO, which develops technology for producing green hydrogen, is currently in the midst of a $ 70 million round of funding. The leading investor in the current round of funding is Temasek, a Singapore-owned holding company that manages the country's wealth fund with $ 283 billion in assets. In September 2020, Temasek acquired control of the Rivolis drip irrigation product manufacturer from the Pimi Fund at a company value of $ 456 million. It is estimated that the current round of funding for H2PRO will be based on a company value of $ 250-300 million before the investment
Dec 28, 2021
Category: Capital Market
An up-to-date forecast published by the Ministry of Economy and Industry predicts an all-time record in Israeli exports in 2021, and may amount to at least $ 135 billion - an increase of 18.5% compared to the volume of exports from Israel in 2020. Last year, exports from Israel totaled $ 114 billion, a decrease of 3% compared to the volume of exports from it in 2019. The forecast is based on Israel's export data for the first three quarters of the year. The Ministry of Economy's Foreign Trade Administration said today that the growing trend in exports, which has been evident since the...
Dec 27, 2021
Category: Hitech
The rate of academics among women in management positions is higher than the corresponding figure for male managers. The same is true of seniority at work and experience. Managers also declare a higher level of commitment to the workplace from managers, and higher prices they pay on the family front - according to regular surveys conducted by the Central Bureau of Statistics. Even when the number of weekly working hours is taken into account, managers earn about 30% more than managers on a monthly basis. A new study, based on data from the Central Bureau of Statistics, shows that after...
Dec 25, 2021
Category: Health
Ministers on Friday approved the new mall outline. According to the outline, malls will operate in the format of a purple character, according to the occupancy ratio of one person every 15 meters. In addition, entry to stores with an area of more than 100 square meters will be allowed subject to the presentation of a green label, and it will not be possible to sit at the food stalls but only self-collection. The green label will not apply to stores that provide essential services. * Malls will operate in a purple character format, according to an occupancy ratio of 1:15 (one person...
Dec 24, 2021
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