Popular Articles

6,275 Israelis were diagnosed as positive for Corona - more than a third of them from the education system - and this is the highest number of verified since February 8. The peak since the beginning of the plague was 10,117, on January 18th. Today, at midnight, 2,942 verified were diagnosed. Excluding surveys and tests for recoverers, the positive rate yesterday was 4.84% - the highest figure since March 6. The peak of the outbreak is 15%, on September 29 last year. Today, at midnight, the rate of positives is slightly higher - 4.89%. A total of 130,000 tests were performed yesterday, the...

Israeli software company Monday has solidified its position as one of the standout success stories on Wall Street. The company's trajectory began with its 2021 IPO, where it stood out as one of the few to trade above its initial public offering (IPO) value. The momentum has persisted as Monday consistently exceeded forecasts, leading to rapid growth in the second quarter. The company's stock recently surged by 10%, pushing its market value to approximately $8.3 billion

The Economics Committee approved on second and third reading the amendment to the Traffic Ordinance, which would allow experiments in autonomous cars without having an operator in the vehicle. According to the Ministry of Transportation, this will allow the experiments to start this year. The number of vehicles in the experiments will be limited to 500, according to the proposal of the chairman of the Economics Committee, MK Michael Bitton (blue and white). The committee decided that many regulations would become an addition to the bill, to allow for their speedy enactment. Transport...

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...

The Corona Cabinet approved on Wednesday evening the opening of street shops starting Sunday in all authorities in the country, under a limit of four shoppers in the store. This, with the exception of the red cities where it was decided to impose a closure. Ministers Yuli Edelstein, Meirav Cohen and Amir Peretz voted against the decision. Prime Minister Benjamin Netanyahu first spoke out against the opening of stores at the hearing. "We are falling into the trap of a real and honest lack of evidence of the situation. We are not in a situation where if we release the closure we will not...

In April, 177,000 new job seekers registered - down 76% compared to March, when the number of new unemployed was 756,000. According to an April report released by the Employment Service on April, an average of 6,200 new jobseekers were registered each day. Of the new jobseekers in April, about 21,000 were laid off (about 12%), compared with about 6% in March. This is due to a 79% reduction in the use of foreign currency. "The Employment Service expects many of the IDF job seekers to be laid off," it said. The number of unemployed reached a record high of 1.15 million in April, which is 28%...

In a decision that has sparked debate and drawn both praise and criticism, Israeli Prime Minister Benjamin Netanyahu has opted to accept the recommendations of the Israel Defense Forces (IDF) and Shin Bet regarding the management of Ramadan prayers on the Temple Mount, despite resistance from the Minister of National Security

According to the Central Bureau of Statistics (CBS) data released on March, a 19.1% increase in food chain revenue was recorded. . The sharp rise in food chains has led to an increase of 4.1% in March in all marketing chains. It can be estimated that most of the increase was achieved from the contribution of food and pharmacy chains, since apart from most of these areas, most of the retail activity was disabled with the closure of shopping malls and street shops, following the Ministry of Health's guidelines. A quarterly analysis shows that in January-March, there was an increase of 2.2%...

The average wage in the economy last May was NIS 11,300 gross, a decrease of 3% compared to April this year. This is according to data from the Central Bureau of Statistics. The number of jobs in May was 3.552 million, an increase of 15.5% compared to the same period last year and an increase of 1.1% compared to the previous month. The continued decline in the average wage in the economy can be attributed to the return of weaker workers to the labor market. Most of the laid off or workers who were expelled from the IDF were in occupations where the monthly income was low, especially in the...

Bezeq Group, a leading telecommunications company in Israel, has announced its financial results for the second quarter of 2023, showcasing impressive growth in revenues and achieving its highest adjusted net profit since 2017. The company's robust performance has led to positive market sentiment, with its shares rising by 1.8% at the opening of trading on Wednesday