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Nova, which develops measurement solutions for chipmakers, is expanding into another field and increasing its potential market. Nova, under the management of Eitan Oppenheim, has signed a binding agreement to acquire the German company Ancosys for $ 100 million in cash, including a payment of $ 10 million contingent on the performance of the acquired company. Nova estimates that the transaction will be completed in the first quarter of 2022 and it is expected to increase its profit on a non GAAP basis within 12 months of its completion. Ankosis is a private company headquartered in...

Gross domestic product (GDP), at constant prices and after deducting the seasonal effect, increased in the third quarter by 2.4% on an annualized basis compared with the second quarter (0.6% on a quarterly basis). Compared with the third quarter of 2020, it increased by 5.9%, according to the Central Bureau. According to statistics, the gross domestic product per capita increased by 0.5% on an annual basis. The Central Bureau of Statistics explains that the relatively moderate increase was also due to a decrease in passenger car imports compared to the second quarter (partly due to the...

The number of employed persons in the economy first exceeded that recorded before the corona crisis, reaching 4.01 million. However, the employment rate stands at 59.2% - significantly lower than it was before Corona; This is probably due to the fact that the crisis of unemployment from choice in the economy continues. In addition, the number of job vacancies has broken this record for the seventh month in a row since the beginning of the survey, rising from 138,000 to 143,000. At the same time, the unemployment rate rose slightly, from 7.1% in the first half of October to 7.3% in the...

Mizrahi Tefahot Bank today presents record results against the background of the continued economic recovery in the economy. The business results presented by Mizrahi-Tefahot in the first nine months of the year reflect the continued growth in the Bank's current operations, along with the positive contribution that the transaction yields to the acquisition of Union Bank. This, against the background of positive macro data and the decline of the fourth wave of the corona. In the first nine months of 2021, the Bank recorded record profits of NIS 2.5 billion, compared with a net profit of NIS...

The Bank of Israel has announced a reform designed to increase information transparency and competition in the mortgage market. The new reform is expected to facilitate borrowers in three key aspects: transparency and the ability to compare, simplicity and the ability to understand and efficiency in carrying out the process. It is estimated that the reform is expected to take full effect towards the middle of 2022 and there may be further changes. The Bank of Israel actually takes competition in the banking system one step further and requires the banking system to present uniform mortgage...

A survey published by the Central Bureau of Statistics (CBS) regarding demand for new dwellings shows that despite the holidays, in September this year 4,727 new dwellings were sold to the general public - a 45% jump compared to September 2020, when 3,258 new dwellings were sold; compared to the previous month (August 2021 ) Where 3,902 new apartments were sold, an increase of 21%. On an annual basis (last 12 months - October 2020-September 2021), this is a 34% increase in the sale of new dwellings, after 51,454 new dwellings were sold in the past year, compared with 38,401 new dwellings...

Only 8,000 students (about half a percent of students in Israel) are studying financial education this year, according to a report by the Knesset's Research and Information Center (KRIC) ahead of a discussion on the subject to be held on Monday in the Knesset's Education Committee. The report, prepared by Dr. Eliran Zard for the committee's chairman, MK Sharan Hashakel, also shows a new hope, that in the 2009-2010 school year, before the Corona crisis, only 24,000 students studied the profession. These numbers are very low, despite That it is a profession that is considered by many to be...

The hot and dry weather, almost stormy, and the fear of fires is coming true: in the locality of Gita in the Western Galilee, near the city of Maalot Tarshiha, at least 20 families were evacuated on Saturday following a fire raging tens of meters from the locality. The fire brigade said that there was a "real danger" to the settlement, and that the evacuation had taken place on its first line of houses. Many crews have been called to the scene from across the north, and five firefighting planes are assisting from the air. Another forest fire has been raging since nightfall near the...

The aerospace industry launches the Scorpius family, the first electronic warfare system (LA) of its kind in the world with reception capabilities, blocking and disrupting several threats at different frequencies and in different directions at the same time. And disrupt the activity of enemy systems in a targeted manner, using multiple transmission beams at the same time. The threats handled by the system are from a wide range and include aircraft, drones, ships, missiles, means of communication and more. Unprecedented that it is possible to detect a large number of threats with different...

The Natural Resources Taxation Law passed on Wednesday evening by a majority of 9 MKs against 0 opponents and entered the law book of the State of Israel after long months of discussions and delays. In this way, the "wealth fund", to which taxes from gas profits are directed, will probably accumulate more than a billion shekels in 2022, and the money will be able to be used for public use. Thanks to the amendment to the law, levies over $ 200 million, the payment of which has been delayed for a long time due to disputes with the tax authority, will soon be paid for the benefit of all...