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Doral shares rose 9.75% at the start of trading, after the company signed a huge deal to partner with the insurance company Migdal in renewable energy investments in the US. Migdal will invest $ 110 million in the purchase and allotment of 20% of the shares of Doral's American subsidiary Doral. Energy Generation (Doral Energy Generation) With the completion of the transaction, Doral's holding in the subsidiary will decrease from 50.1% to 41%, and the American partner Nicholas Cohen, who will sell shares in Migdal for $ 20 million, will hold 39% of the shares of The subsidiary. Migdal will...

Shikun VeBinui, controlled by Nati Saidoff, continues to expand its activities in the renewable energy market in the United States. Shikun VeBinui acquired 49% of a 400-megawatt energy storage facility under construction north of Los Angeles for NIS 190 million. By the Swiss investment fund Capital Dynamics, which specializes in investing in renewable energy assets. The project was purchased from Strata Solar and is located in the city of Oxnard, located 40 km north of Los Angeles. It was established at a total cost of NIS 750 million, financed in equal parts by equity and bank financing...

The largest mass event since the beginning of the Corona period has become one of the greatest disasters in the country's history: 44 people were killed and more than 100 were injured last night (Thursday to Friday), including 23 in critical condition, at the Toldot Aharon storks' lighting compound on Mount Meron. Around 3:00 a.m., ambulances finished evacuating all the wounded to hospitals in the northern region, and police subsequently continued their efforts to evacuate all participants from the mountain. Dozens of buses on their way to the scene were turned around, and encountered...

The Indian strain of Corona virus was found in five students from different schools in Israel. This is according to data from the Ministry of Health's situation assessment report distributed this morning (Thursday). The schools where this variety was located are: Dekel Vilnai and the field plant in Ma'ale Adumim, paths in Pardes Hanna, Keshet in Ashdod and Yosef in Holon. To date, the Ministry of Health's national genomic flooring system has identified 41 cases of Indian variant, of which 24 are from abroad (21 foreigners) and 17 cases in the community, some of which have no connection to...

Prime Minister Benjamin Netanyahu does not withstand the pressure and crashes. He decided to appoint blue-and-white chairman Beni Gantz as justice minister in the transitional government - three hours before the High Court was due to discuss the appointment of Ophir Akunis to the post. A statement from Netanyahu said the appointment would be approved by the government today. "The prime minister has submitted a detailed response to the Supreme Court that completely rejects the argument that yesterday's debate in the government was against the law," it said, "nevertheless, after the prime...

19th place in the world in the GDP per capita ranking - the figure that sounds almost dreamy, appears in the IMF database. With $ 43,689, Israel is below only 18 countries out of 194 countries in GDP per capita in nominal terms. These IMF figures present a flattering picture, but they are problematic. When you look at the significant figure that allows comparison to other countries - GDP per capita in terms of purchasing power parity (PPP), GDP per capita in Israel is $ 40,547, and its place in the world ranking is 35, similar to what it had for several years And Macau, we are about 30th...

Delek Drilling reported today (Monday) that it has signed a non-binding memorandum of understanding for the sale of its entire share in the Tamar reservoir (22%) to the Mubadella Petroleum Company in Abu Dhabi. The company is part of Abu Dhabi's national investment company, which manages assets worth about $ 230 billion. This is the largest commercial agreement signed between the countries since the normalization agreements with the Emirates and it was signed as part of the gas outline in which Delek Drilling undertook to sell its holdings (22%) in the Tamar reservoir by the end of 2021....

The Ministry of Health has announced that it intends to bring further relief to the public. The lifting of more Corona restrictions will be brought to the government for approval. Among other things, the occupancy restrictions for places operating within the green label will be abolished, and conditions will be defined for activity and the introduction of food. Entry to attractions in enclosed buildings and activities in gyms and swimming pools will be possible even without vaccination, and will operate in accordance with the purple mark. The reliefs will take effect on May 6, next...

Small and medium-sized businesses employ 65% ​​of the labor force in the Arab sector - but the financing products in the economy are not tailored to them. This situation will be tried to change by a new fund owned by the state and a public association, and it will provide 250 loans amounting to NIS 15 million. The fund was established by the Koret Funds Association and the Small Business Agency in the Ministry of Economy, and will provide a solution for registered, existing and new businesses that have not received a loan through the state-guaranteed fund in the past year, as well as for...

Prime Minister Benjamin Netanyahu said at the climate summit organized by the US president that "I pledged to reduce carbon dioxide emissions and successfully complete the transition from fossil fuels to renewable energy in Israel by 2050." Netanyahu was introduced by US Energy Minister Jennifer Greenholm. She explained that the leaders speaking on the second day of the conference are those whose countries are leading technological developments or those who are leading in the field of renewable energy production. Netanyahu said in his pre-recorded speech: "I can announce that we have...