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The High Court of Justice accepted the petitioner's claim, the Digital Rights Movement, and ordered the government to transfer most of the classified materials to opponents of the biometric database within a month and a half. The petition was submitted about a year ago and touches upon the very necessity of the biometric database. The petition alleges that in a pilot conducted, the state did not take sufficient steps to ascertain its necessity.

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...

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...

A business delegation from India, the fastest growing economy in the world, arrived in Israel. This week, the "India Week in Israel" events are being held under the leadership of the Innovation Authority, the Indian Embassy in Israel and the Foreign Trade Administration of the Israeli Ministry of Economy in New Delhi. During the events, a delegation of 30 CEOs and chairmen of leading companies in the Indian high-tech and technology industry arrived in Israel for a cooperation conference in the field of innovation

Bank of Israel has revealed plans to sell up to $30 billion of its foreign exchange reserves in response to the ongoing security crisis. This marks the first time such a move has been made since the initiation of free trading in the exchange rate. The announcement came even before trading in the dollar opened, aimed at preemptively addressing potential market overreactions

The start-up company AVO, which operates a grocery and consumer goods delivery service, is laying off about 500 of its 750 employees worldwide - about two-thirds of its workforce. In Israel, the company employed about 500 employees, of whom about 350 will be fired. In addition, the company completely stopped all shipping activities for private consumers, which was aimed at residential buildings and included about 1,000 buildings in Israel in cities such as Petah Tikva, Ramat Gan, Tel Aviv and Ashdod. Now the company will focus only on activities with businesses - that is, deliveries to...

The investors are disappearing, the apartment buyers are sitting on the fence, the supply of subsidized apartments has decreased, and on the streets you can already feel the drop in prices. This is according to the review of the real estate market in November, published by the chief economist at the Ministry of Finance. The declines in apartment sales and the signs of the approaching crisis in the industry - which began already in the middle of last year - have so far not affected the price indices of the apartments which continued to rise, at least until last September. The main factor...

Minister of Higher Education and Water Resources Zeev Elkin (Likud) announced this evening (Wednesday) that he has resigned from his position as minister and announced his joining Gideon Saar's party - "New Hope". Saar congratulated Elkin on joining and said that Elkin "will serve as my deputy." Elkin spoke in a statement at the beginning of which he said, "I joined the storm out of responsibility. For many years I have been marching alongside Netanyahu, chairman of the coalition and kosher, I accompanied him at the most complex intersections. "Recently and especially recently, I feel that...