Popular Articles
Category: Government
After one year, six months and 16 days, Binyamin Netanyahu will return to the Prime Minister's Office in Jerusalem today (Thursday). The final number of ministers in Netanyahu's sixth government, the most right-wing government in Israel's history, and it is still unclear how fascist it will be. It can be said with certainty that the world and Israel fear the expected damage to Israeli democracy. In some ministries - such as security, education and welfare - there will be two ministers. There will also be rotation in welfare, as well as in finance - and possibly also in other ministries...
Dec 29, 2022
Category: Government
In a daring nighttime operation, the United States military announced that its destroyer, the USS Mason, successfully rescued the tanker "The Central Park" in the Gulf of Aden. The vessel, owned by the British company Zodiac Maritime and operated by Israeli billionaire Eyal Ofer, had reportedly fallen prey to an "unidentified force" in the strategically significant region
Nov 27, 2023
Category: Capital Market
The high-tech industry in Israel broke many records this year - and now the numbers indicating its strength are being revealed. According to a report by Start-Up Nation Central, in the first 11 months of 2021, local companies raised a total of $ 24.5 billion. Israeli companies raised $ 10.8 billion. During the period, 74 high-tech companies raised mega-rounds - that is, huge fundraisers of more than $ 100 million - compared to 22 companies in 2020. These fundraisers account for more than half of the total capital raised in 2021 and stand at $ 14.4 billion - a growth of 310% in total...
Dec 13, 2021
Category: Financial
First step on the collision course between the Israeli government and the judiciary system - on the way to canceling the reason for reasonableness and enacting the superseding clause by a majority of 61. Justice Minister Yariv Levin (Likud) held a press conference in the Knesset this evening (Wednesday), where he presented the main points of his legal reform. Several key sections of the reform focus on weakening the judiciary and the Supreme Court
Jan 4, 2023
Category: Capital Market
The average credit to a household in Israel in 2020, the first corona year, amounted to NIS 246.6 thousand, most of which was bank credit. This is an increase of only 2.3% compared to 2019, when the average credit amounted to NIS 240.7 thousand. At the same time, this is a much sharper increase of about 17% compared to 2016, when the average household credit amounted to NIS 219.1 thousand.
Apr 13, 2022
Category: Government
After three election campaigns - Israel has a new government: The Knesset plenary on Sunday approved a majority of 73 Knesset supporters against 46 opposing the 35th state of Israel led by Prime Minister Benjamin Netanyahu and Alternate Prime Minister Benny Gantz. Broadcasts live declaration of allegiance by new government ministers One by one, the new government ministers came up and declared: "I pledge as a member of the government to maintain allegiance to the State of Israel and its laws, to fulfill my role as a member of government and to comply with the Knesset's decisions
May 17, 2020
Category: Capital Market
There was a significant increase in 2020 in the number of working days lost to the Israeli economy as a result of strikes - 391,000 working days lost compared to only 110,000 working days lost in 2019. However, the number of strikes in the economy decreased last year, because strikes in 2020 were much longer, on average. New data published by the Labor Relations Unit in the Ministry of Economy shows that in 2020, which was entirely in the shadow of the Corona plague, there were "only" 31 strikes in Israel compared to 45 strikes in 2019
Oct 9, 2021
Category: Financial
El Al lost $ 105 million in the second quarter of 2020, compared with a profit of about $ 100,000 in the same period last year, according to the financial statements published by the company tonight (Wednesday). El Al's losses in the first half of 2020 amounted to approximately $ 244 million. The reports also show that the company has a negative cash flow from operating activities of approximately $ 23 million, compared with a positive cash flow of approximately $ 110 million in the corresponding quarter last year. It should be noted that the results for the quarter are affected by the...
Aug 26, 2020
Category: Government
Data published on Monday by the Central Bureau of Statistics reveal that the basic unemployment rate rose slightly in May to 3.5%, after it was 3.1% in April, 3.3% in March, 3.7% in February, 4.1% in January and 4.3% in December. Before seasonally adjusted data that neutralizes irregular jumps and external events, the unemployment rate remains at 3.6%, and in any case, it is a relatively low unemployment rate both in Israel's past and in the world today
Jun 19, 2023
Category: Financial
The ICL company managed by Raviv Zoler reports on a major deal - the company signed a memorandum of understanding for the supply of potash in Europe. The identity of the customer was not disclosed, but according to estimates, it is the Norwegian capital. This is an activity of 300 thousand tons per year and given the price of potash, it is a transaction with a financial scope of approximately 220-240 million dollars. This deal comes against the backdrop of the Russia-Ukraine war and the suspension of purchases from Russia and Belarus. Europe sanctions Russia and this may have transferred...
Aug 12, 2022
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