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A 68% jump in the number of new dwellings sold in September this year, which stood at 3,459 compared to 2,050 sold last September; This emerges from data from the annoying bureau of statistics published on Thursday. According to the data in total in the third quarter of 2020 (July-September 2020), 10,140 new apartments were sold - a jump of about 19% compared to the corresponding quarter last year, in which 8,467 new apartments were sold. The CBS data is similar to the analysis of the chief economist at the Ministry of Finance, Shira Greenberg, published on Sunday. According to Greenberg,...

American Snap, the parent company of the social network Snapchat, acquires the Israeli company Voca.ai. The purchase amount of Voca is about $ 70 million, having so far raised only $ 6 million. Its investors include the strategic investment group of American Express, Lool Ventures, Flint Capital and Group11. The company employs about 35 people who will join Snap. Voca was founded in 2017 by Dr. Alan Becker, and Einav Itamar. Its most recent significant acquisition was in 2019, when it invested in the investment fund of the American credit card giant American Express. Mastercard.

"If the vaccine for Corona is available in Israel in the middle of 2021 - growth in Israel in the coming year will be relatively positive, at a rate of 4.8%. But in a continuing morbidity scenario - growth will reach only 2.2%, which is close to zero per capita growth. This first forecast, since yesterday's announcement by Pfizer about the success of its vaccine trial for Corona, was made today (Tuesday) by the chief economist at the Ministry of Finance, Shira Greenberg. This is in the context of presenting the macroeconomic situation of Israel, against the background of the corona crisis,...

The opening of IKEA branches on Wednesday is questionable: Hours after the Swedish furniture chain announced yesterday that it would open all branches today, the Ministry of Health announced that it would not allow it. 'The Ministry of Health did not give permission for the shops to open. The ministry's position is that a furniture store, including IKEA, is not a place whose main business is selling essential products for home maintenance, "the ministry said. In the IKEA environment, it is said that the Ministry of Health does not have the authority to determine this, and the chain's...

Despite the corona crisis, the closure and the High holidays, the number of transactions in September 2020 was among the highest recorded in September in the last twenty years, both in terms of total transactions and those made in the free market only. This is according to data from th chief economist at the Ministry of Finance. The numbers indicate that last September 9,600 apartments were purchased (including price-per-tenant apartments), unchanged from September 2019 and a decrease of 11% compared to the high level of transactions recorded in the previous month. These are particularly...

On Monday, the Knesset committee unanimously approved the bill initiated by the committee's chairman, MK Eitan Ginzburg (blue and white), according to which the salaries of Knesset members will be frozen in 2021. The purpose of the bill is to prevent the salary of Knesset members from being updated by approx. NIS 5,000 gross per month. The Knesset will save about NIS 6 million as a result of the freezing of the salaries of the incumbent MKs, when this amount does not include the expected savings due to the freezing of the update on the benefits of former Knesset members. Knesset Member...

About two hours after the resignation of the Deputy Director General of the Ministry of Health, the Deputy Head of Public Health at the Ministry of Health, Dr. Sharon Elrai Price, gave a briefing to the media following the opening of street shops - a move she opposed - and the increase in infection in Israel. "To reach the next opening, we will need less than 500 verified corona patients a day - so there is still a long way to go." According to Dr. Elrai Price, "With the exit from the quarantine, the coefficient of infection increases. This is not surprising. We knew this was going to...

The Ministerial Committee for the Declaration of a Restricted Area expanded at noon (Friday) the list of localities in the northern region that are closed due to an increase in the morbidity data in Corona. After yesterday it was decided to extend the closure on Majdal Shams until November 10 and to announce restrictions on the locality of Restaurant until November 11, restrictions were also announced on the localities of Buqata and Hatzor HaGlilit. According to the decision, the restrictions in Buqata will begin tomorrow at 08:00 in the morning and will last until next Thursday at 08:00...

Teva met profit forecasts for the third quarter of the year, but reported a high write-off following lawsuits. Teva shares declined in pre-trading in New York and the Tel Aviv Stock Exchange, after earlier trading in gains. The Israeli pharma company managed by Kor Schultz concluded the third quarter of 2020 with revenues of $ 4 billion, a decrease of 3% compared to the corresponding quarter last year. Earnings were 58 cents a share. Teva's revenues are lower than analysts' forecasts, which expected the company to have revenues of $ 4.07 billion, but the profit is in line with...

The Corona Cabinet approved on Wednesday evening the opening of street shops starting Sunday in all authorities in the country, under a limit of four shoppers in the store. This, with the exception of the red cities where it was decided to impose a closure. Ministers Yuli Edelstein, Meirav Cohen and Amir Peretz voted against the decision. Prime Minister Benjamin Netanyahu first spoke out against the opening of stores at the hearing. "We are falling into the trap of a real and honest lack of evidence of the situation. We are not in a situation where if we release the closure we will not...