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The Corona Cabinet on Monday approved the return of fifth, sixth- and eleventh-twelfth-grade students in green and yellow localities to school, and the immediate opening of open shopping centers in green localities. According to the cabinet decision, students in grades 5-6 will return to classes next Tuesday (November 24), while students in grades 11-12 will return on Tuesday in the following week (December 1). In addition, the "Green Tourism Islands" program has been approved. At the beginning of the discussion, Prime Minister Netanyahu and Defense Minister Ganz presented a draft...

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...

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%...

White House National Security Council spokesman John Kirby sharply criticized Israeli Finance Minister Bezalel Smotrich on Friday evening, following Smotrich’s condemnation of a proposed hostage deal mediated by the United States, Qatar, and Egypt. Kirby accused Smotrich of endangering the lives of Israeli hostages and jeopardizing national security by opposing the deal

The Consumer Price Index (CPI) for October 2023 surprised analysts by increasing 0.5%, surpassing the anticipated 0.4% rise. The data, released by the Central Bureau of Statistics (CBS) today, reflects the first month of the "Iron Swords" war, defying predictions of a decrease in prices due to reduced consumption during wartime

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

In a move aimed at providing crucial support to businesses grappling with the aftermath of the 'Iron Swords' war, the Ministry of Finance has released a memorandum of law outlining a compensation plan. The plan, designed to be swiftly legislated, is set to pave the way for grant applications as early as November 15th, with a primary focus on small businesses and self-employed individuals who have suffered significant economic setbacks due to the conflict

The Israeli cyber company Cybellum is acquired by the Korean giant LG. Seiblum was founded in early 2016 and has raised $ 15 million so far. LG acquires 64% of the company for $ 140 million, at a value of $ 220 million. "The remaining shares will be acquired in the near future, after the company's final valuation," the exit announcement now said. LG will also invest an additional $ 20 million in the company, bringing the company's value to $ 240 million after the money. Sybelum is a company in the field of car cyber. "We are developing a solution that helps car manufacturers and suppliers...

The accumulated surplus in the last 12 months in the state budget reached 10 billion shekels in July, and the rate of surplus in the state budget in relation to the GDP reached 0.6% of the domestic GDP - this was announced by the Economic Accountant Division of the Ministry of Finance. The surplus in the budget, for the second month in a row, is due to an increase of more than 20% in the state's revenues from the beginning of the year, compared to the corresponding period in 2021, to NIS 280 billion. The chief economist at the Ministry of Finance recently re-evaluated the state's revenue...

Finance Minister Avigdor Lieberman announced today that "immediately after the budget is approved, we are going to launch a large amount of 26 projects in the field of infrastructure, transportation, water, and energy amounting to NIS 110 billion, not including the metro. About NIS 50 billion will be funded by the private market (PPP). - SG). "If we released the first PPP project 20 years ago, now we will release NIS 50 billion in projects here for the private sector - this should bring further impetus to the Israeli economy, which will allow the economy to grow, and bring more employment