Popular Articles

Israeli startup Nanox completed the pricing phase and starts trading on the Nasdaq stock exchange
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On Thursday night, Nanox completed the pricing phase of the initial public offering of its shares on Nasdaq. Nanox issued 9.18 million shares at a price of $ 18 per share - which was at the top end of the planned price range for the issue: $ 18-16 per share. Nanox, which raised the shares at a company value of $ 634 million before the IPO and $ 800 million after it, initially planned to issue 4.9 million shares. However, due to large excess demand of $ 1.5 billion, the volume of the offering has almost doubled. Nanox was founded in 2012 by entrepreneur Ran Polyakin, and raised $ 138...

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Aug 21, 2020

demonstrations and blockades all over Israel after the cancellation of the "probable cause"
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Hours after the cancellation of the probable cause was approved in the first reading, demonstrations and blockades began throughout the country, among other things at all entrances to Jerusalem, the coastal road, road 4, and the Ayalon routes: "This is just the promo." A vehicle was recorded speeding toward protesters on Route 531 - and running away from the policeman who tried to stop it. MDA: "Significant delays in the movement of the ambulances, they want to allow them to move freely

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Jul 11, 2023

Avigal Soreq has been appointed the next CEO of El Al and replaces Gonen Ushishkin
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El Al lost $ 147 million in the third quarter of 2020 - the quarter that usually earns it the most money per year, compared to a profit of $ 27 million in the corresponding quarter in 2019. This huge loss is not even the most amazing thing in the company's recent financial report. Nine months into the corona crisis, as International Air Transport Organization (IAEA) forecasts for corporate losses in 2020 and 2021 become increasingly pessimistic, the company's accountants from BDO Haft still believe there is no need for a provision for even a dollar depreciation, on An aircraft fleet with a...

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Nov 25, 2020

IAI successfully demonstrated "Drone Guard"  designed to deal with drone threats and tested it
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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,...

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Jan 27, 2020

IEC purchased gas abroad  about 50% cheaper than the price of gas purchased in Israel
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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...

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May 23, 2020

Academic year opened on Sunday: 350,000 students are studying at 59 universities and collages
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After a year and a half of partial distance learning, the academic year opened on Sunday and hundreds of thousands of students will fill the campuses and study in classrooms. The studies will take place under the rules of the "green character". Thus, higher education institutions have announced that most of the learning will take place on campuses, but they intend to incorporate distance learning on a limited scale as well. 350,000 students are expected to study in the current academic year at 59 institutions of higher learning. This is an increase of four percent compared to the previous...

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Oct 10, 2021

Israel's public debt soared in 2021, in absolute terms, and crossed the NIS 1 trillion mark
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Israel's public debt soared in 2021, in absolute terms, and crossed the NIS 1 trillion mark. However, in the main index for examining Israel's financial strength, the debt-to-GDP ratio in the economy has improved, and it dropped from 71.7% in 2020 to 70.3%. The Accountant General of the Ministry of Finance, Yahli Rotenberg, published today (Wednesday) the preliminary debt data for 2021. They show that the improvement in the debt-to-GDP ratio was recorded mainly due to the increase in GDP in the economy in 2021, in light of the economic recovery. The published figure was determined by the...

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Jan 19, 2022

Israel, the United Arab Emirates and Bahrain leaders signed an historic normalization agreement
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The historic signing ceremony for the normalization agreements between Israel and the United Arab Emirates and Bahrain ended on the southern lawn of the White House in Washington. The ceremony will be attended by hundreds of guests, and in the presence of Prime Minister Benjamin Netanyahu, US President Donald Trump, UAE Foreign Minister Abdullah Ben-Zayed, and his Bahrain counterpart Abdel-Latif al-Ziani. At the head of the speeches was President Trump. He referred to past relations between Israel and Arab countries in the Middle East, and welcomed the agreement. "In the history of Israel,...

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Sep 15, 2020

Gaps in achievements of students in Israel in mathematics and science - are the highest in the world
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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...

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Dec 7, 2020

Corona school year: 200,000 students didn't start the studies in schools and kindergartens
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About 200,000 students did not start the school year in schools and kindergartens today (Wednesday), according to data from the Ministry of Education. The reasons for this are varied: either they are isolated, or infected in Corona, or they are in grades 8-12 in red localities with a vaccination rate of less than 70% in the first dose. Of the students in the education system, 38.2 thousand are defined as active blue and 56 thousand are in isolation. In addition, 4,140 teachers and staff are sick or isolated. At this point it is still unknown what the results of the rapid tests the parents...

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Sep 1, 2021

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