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A fall in potash and phosphate prices resulted in a 57% drop in Israel Chemicals (ICL) 's net profit in the first quarter of 2020, totaling $ 60 million - 5 cents a share. ICL's revenue, managed by Reviv Zoller, fell 7% in the first quarter of 2020 compared to its corresponding quarter in 2019, totaling $ 1.3 billion - 4% more than the analysts' forecasts. The decrease in ICL's revenues (-2.89% 1210) was due to a 15% ($ 44 per tonne) drop in potash prices in the last quarter compared to the corresponding quarter, to $ 250 per ton. ICL was also hit by a fall in the price of green phosphoric...

El Al's CEO, Gonen Ussishkin, strongly attacked the company's pilots committee in light of the expected decision by the company's board of directors on the outline of the state's request for assistance. Adjust the scope of personnel to the activity. Ussishkin said that as of late June, the company pilots refused to staff the flights, and that all inquiries were not answered for four consecutive days after hundreds of inquiries. "Spins and Pike News can be talked about in the media, but the truth is always within the company and our people know it," the CEO wrote to his employees. It is her...

Throughout a decade, the achievements of Israeli students in mathematics and science have remained unchanged, but the gaps in Israel are still among the highest in the world. This is according to the International Times report for 2019, which will be published this morning. According to the report, there is a slight increase in the achievements of 8th grade students in Israel in mathematics and science, but the gaps between outstanding students and weak students remain among the highest among the countries that participated in the study. According to the study, the higher the...

The financial event in Abu Dhabi was attended by members of the Beyond Business business delegation of Bank Hapoalim and the Export Institute, in which leading Israeli businessmen alongside government officials and senior businessmen from the United Arab Emirates. Among the topics discussed in the forum were what are the best ways for Israeli businessmen to seek and make an investment in Abu Dhabi, the benefits of investing in a venture in the union and an overview of the main highlights and future opportunities for trading and investing in financial services

The Central Bureau of Statistics published for the second time a report that maps start-ups in Israel according to their fields of activity, survivorship, salary data and number of jobs. Realize the dream and succeed in high-tech. Reality, of course, is less glamorous. The vast majority of startups fail and do not return investors' money. In 2011-2018, 5,313 startups were opened in Israel - 45% of them closed before 2018 ended In the previous report published by the CBS, which presented the 2011-2016 data, the overall closure rate was 37%. For a long time now, the industry is worried that...

Education Minister Yoav Galant today unveiled the ministry's continuation of plans to open the school year on September 1, under Corona restrictions. According to the plan being formulated by the Ministry of Education, studies in kindergartens and grades 1-4 will in any case take place in classes of up to 18 students per class - so that existing classes in elementary schools will be split into two. In kindergartens the classroom split will be more complex, and will require different solutions like installing a partition inside the kindergarten to create separation between the groups and...

The IEC purchased nine liquefied gas (LNG) cargoes, totaling one billion cubic meters (BCM), about 20% of Israel's annual consumption of gas, already starting to arrive in Israel, the company paid $ 100 million. The parties to the agreement may make price adjustments, which will be expressed on two dates: the first of July 2021, with the possibility of a 25% change in both directions; And the second, in July 2024, of 10%. The purchases, under SPOT contracts, were made at an average cost of $ 3 per unit of heat, which is about 50% lower than the price of gas purchased by the electricity...

Starting Wednesday, July 24, direct train service from Be'er Sheva to Tel Aviv will be halted until Saturday evening, July 27, due to essential track maintenance. This interruption affects travel between various key stations, impacting commuters and travelers in the region

The Corona Cabinet on Thursday approved the first phase of easing the general closure. According to the Cabinet decision, educational institutions for children up to the age of six will return to activity, as well as businesses that are not audience recipients. In addition, the restriction that only one thousand meters away from the place of residence is allowed will be removed, and it will be possible to visit other people's homes. In addition, takeaway services will be available in restaurants in addition to deliveries, beaches and nature reserves will be open to the general public,...

IAI successfully demonstrated the Alta, a division and subsidiary of IAI developed by Drone Guard. The system designed to deal with drone threats has been successfully demonstrated at major international airports in Europe, Latin America and Southeast Asia. The demonstrations were carried out during the normal working hours of the airports to examine how the system would detect and neutralize the skiers without disrupting flights and without frightening passengers in the terminal. The operational need for airports around the world to respond to the threat of terminals in the terminals,...