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Medtronic is acquiring Israeli Mazor Robotics for $ 1.6 billion
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Medtronic is acquiring full ownership of Israeli company Mazor Robotics in a $ 1.6 billion deal, the two companies announced overnight. The deal gives Robotics a value of $ 1.6 billion, and after deducting the shares it has acquired from Medtronic in Mazor to date, it will pay $ 1.34 billion. Mazor Robotics Israel, managed by Uri Hadomi, was founded in 2001 and develops robotic guidance systems for spine surgery. The company has more than 200 different systems, and holds more than 50 patents worldwide.

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Sep 21, 2018

all 5,000 employees of the health professions in Israel returned to work
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all employees of the health professions in Israel, including physiotherapists, dietitians, speech therapists, occupational therapists, hygienists, genetic counselors and art and art therapists will return to work. It will affect 5,000 workers in hospitals and in the community, employed by the Ministry of Health, Clalit Health Services, Meuhedet Health Fund, Hadassah Hospital, Shaare Zedek Medical Center, mental health centers and other institutions. It was decided at the end of a hearing in the Tel Aviv District Labor Court.

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May 30, 2018

Israel’s Consumer Price Index Rises 0.7% in August, Annual Inflation at 2.9%
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The Consumer Price Index (CPI) in Israel rose by 0.7% in August 2025 compared to July, according to data released by the Central Bureau of Statistics. Over the past 12 months (August 2024 to August 2025), inflation stood at 2.9%, within the Bank of Israel’s target range (1%–3%), but still reflecting ongoing pressures on the cost of living

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Sep 15, 2025

Tel Aviv Stock Exchange will launch a new stock index:  TA-Industrial
A delegation of all South Korean venture capital funds arrived in Israel looking for opportunities
 2 workers were killed in two different accidents in Beer Yaakov and Lachish
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The accidents at the construction sites. On Thursday, two workers were killed in two different accidents in Beer Yaakov and Lachish. Even before those accidents, the number of fatalities for 2019 has peaked compared to previous years, at this time the number of fatalities this year is 45 compared to 39 in 2018 and 36 in 2017. The increase in the number of accidents continues despite the fact that several measures were supposed to have been taken that were intended to reduce the extent of the injured and killed, but in practice the safety issue has not yet penetrated to the level of the...

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Dec 19, 2019

CBS: 2019 will continue the downward trend in construction starts
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2019 will continue the downward trend in construction starts. Although in the first three quarters of the year construction starts were 4% higher than those recorded in the corresponding three quarters in 2018, the data is very far from the 2016 peak data, according to the Central Bureau of Statistics (CBS) data released today. Following much criticism of major updates on construction startup publications, the CBS changed its flow rate, and as of January 2019, they are based on the Bureau's Field Survey only, as opposed to previous years, so comparing 2019 data to its predecessors is a...

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Dec 20, 2019

Law Initiative will allow to revoke a license from a contractor whose site caused a fatal accident
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Legislative amendment to fight construction accidents is expected to receive a green light from the Justice Department soon. This memorandum of law will allow the Ministry of Housing to revoke a license from a contractor whose site caused a fatal accident that resulted in death The bill will include a work stoppage on all contractor job sites. The bill's memorandum, drafted by Construction and Housing Minister Yifat Shasha-Biton (all of us), is already provoking anger among contractors who fear the severe crackdown. According to estimates by officials, the Justice Department is expected to...

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Aug 4, 2019

Israeli's bow their heads and note the memory of six million Jews masacered by the Nazis
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Israeli's bow their heads and painfully notes the memory of the six million Holocaust Martyrs 'and Heroes. The Holocost remembrance Day is noted on Thursday in many ceremonies throughout the country and the world. At 10:00, a two-minute siren will be heard, followed by a wreath-laying ceremony at Yad Vashem in Jerusalem, at the foot of the monument to the Warsaw Ghetto Uprising. Ynet accompanies the events of Holocaust Remembrance Day by direct broadcasts from various centers. In the wreath-laying ceremony, President Reuven Rivlin, Prime Minister Benjamin Netanyahu, Knesset Speaker Yuli...

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May 2, 2019

Intel Begins Major Round of Layoffs in Israel Including Kiryat Gat Manufacturing Plant
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Intel has initiated a new round of layoffs in Israel, marking the first time in years that employees at the company’s chip manufacturing plant in Kiryat Gat are being affected. According to sources familiar with the matter, employees at the Kiryat Gat site were summoned for hearings beginning Monday, with estimates suggesting the number of layoffs could reach into the hundreds

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Jul 7, 2025

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