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A perishable personal device for identifying the corona of an Israeli entrepreneur last night received an emergency permit from the US Food and Drug Administration (FDA). Visby Medical has announced that it has received approval for the company's personal and disposable PCR device, which is used for rapid detection of COVID-19 disease; The hand-sized device is capable of delivering extremely reliable results in less than 30 minutes. Visby was founded by Adam de la Zerda, who also serves as the company's CEO, a graduate of the Technion in Computer Engineering. It is reported that the first...

A huge fire broke out today (Tuesday) in the Jerusalem area, near the village of Shoresh and Road No. 1 (Jerusalem-Tel Aviv Road). Suspected arson. Following the fire, Shoresh's first line of houses, on Harimon Street, was evacuated - as was the gas station complex and the nearby commercial center. Later, residents of the first line of houses in the locality of Shoeva, on Hahoresh Street, were also evacuated to an absorption center in Kiryat Anavim. In addition, in both localities, electricity was cut off, in order to avoid the danger of electric shock

South Korea's parliament approved a trade agreement with Israel and it is expected to enter into force in December. This is Israel's first free trade area agreement with an Asian country. With the entry into force of the agreement, mutual tariff reductions will apply to imported and exported products, alongside the improvement and facilitation of trade in a variety of other areas such as services, investments, and standardization. The agreement will give Israeli companies a competitive advantage in the Korean market and is expected to increase and diversify Israeli exports to Korea, as...

The Consumer Protection Authority imposed a fine of NIS 5,598,720 on Domicar Ltd. (Budget Car Rental) for misleading consumers under aggravating circumstances: concealing a material detail in the transaction. It is alleged that Budget sold 93 vehicles that were used as rental vehicles, which it presented as vehicles that were used as leasing vehicles to 93 different consumers. In addition, the company published 28 cars on the company website and on the Focus website, presenting them as leasing vehicles, while in practice they were used as rental vehicles, and sometimes even as leasing...

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...

The Jerusalem-based Lightricks company is currently completing a $ 130 million round of funding in the fourth round. $ 100 million of that amount will be invested into the company and the rest will be sold at a secondary sale (Scandry, a deal that allows existing shareholders and employees to exercise their holdings before the company is sold). The company's fourth round of funding was led by Insight Partners and Hanaco Ventures. The round was held with the participation of existing investors, including Goldman Sachs, Claltech, Harel Insurance and Finance and Greycroft, and was joined by...

Minister of Economy and Industry, Amir Peretz, formulates a plan that will lead to the establishment of a trust between the Bedouin society in the Negev and the State of Israel. "If we do things right, we can make the next generation part of the Israeli human economy, because otherwise the neglect and deterioration that leads to the separation between Bedouin and Israeli society will continue." Minister Peretz and the office's director, David Lefler, met with the heads of the major authorities, senior representatives of the diaspora accompanied by MK Said Al-Khrumi, and with the Bedouin...

The Hazilo is a revolutionary interface based on face recognition technology, and was set up to minimize the number of missing persons and to assist their families in locating them, through the public and his cell phones. Families of missing persons, or those at high risk of disappearance such as at-risk youth, Alzheimer's who find it difficult to get around, small children lost in homeless places, etc., can log on to www.Hazilu.com, open a free account and incorporate a family photo including contact information Of his relatives, just as M. did with her son, which helped the reindeer...

The households of the Arabs in Israel are very vulnerable in relation to the households of the Jews, and accordingly suffered more severe damage during the Corona period, according to a report published by the Bank of Israel. The main reasons for this are low income and savings and lack of adequate infrastructure. The report noted that even before the corona, the Arab household was vulnerable: its average monthly income in 2018 was NIS 12,000 on average, compared with 18,000 in a Jewish household - a gap of 32%. 45% of Arab households are below the poverty level. Only in 29% of Arab...

Itamar Medical is acquired for $ 538 million by American ZOLL Medical in a transaction that is entirely in cash. Itamar is a medical device company with a digital platform that focuses on diagnosing sleep apnea, which is traded in Tel Aviv and New York. In accordance with the terms of the agreement, which was unanimously approved by the boards of directors of each of the companies, Zol Medical will purchase in full the full share capital of Itamar Medical at a price of $ 31 for each deposit certificate (ADS), equivalent to $ 1.03 (NIS 3.31) for an ordinary share of The company. The offer...