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The Solaredge company significantly exceeded analysts' forecasts, as well as the forecasts it provided to the market regarding its revenues in the first quarter of 2022, under the auspices of a surge in energy prices in the wake of the Ukraine war. However, the company missed earnings per share forecasts, due to the component crisis and the jump in transportation costs. Solaredge released a second-quarter revenue forecast for 2022 that was higher than market forecasts, and its stock responded with a 2% increase in late trading

The Innovation Authority today released its comprehensive report for 2022, which raises a number of issues that are of great concern to the local high-tech industry. The State of Israel is failing to integrate ultra-Orthodox and Arabs into the high-tech industry in significant numbers, despite investing tens of millions of shekels in efforts to integrate them into high-tech. According to the report, Israel ranks first in OECD countries in terms of R&D expenditure relative to GDP. In 2019, Israel first crossed the 5% threshold in this index, and in 2020 the figure was already 5.44%. On the...

The Corona Commission on Tuesday approved the exclusion of the restaurants from the government order, and their continued activity includes sitting in closed spaces. This is contrary to the decision of the government. Eight members of the committee supported the opening of the restaurants, in front of three opponents. Blue and white were absent from the vote in coordination with the Likud. The restaurants will now be able to open after they closed this morning, following the failure of contacts between Health Minister Yuli Edelstein and committee chairman MK Yifat Shasha Bitton. According...

In a significant move, several European countries, including Spain and Ireland, are set to formally recognize a Palestinian state on May 21. The announcement came from Joseph Borrell, the Minister of Foreign Affairs of the European Union, who described the decision as a symbolic gesture expressing support for the existence of Palestine

Despite a slew of negative economic indicators, the unemployment rate in Israel has managed to maintain its favorable position, according to data released by the Central Bureau of Statistics. The unemployment rate dropped even further in July, reaching an impressive 3.4%, a slight decline from June's rate of 3.5%. This equates to 155.5 thousand unemployed individuals, compared to 158.1 thousand the previous month

After more than eight hours of a tense cabinet meeting on Sunday, the ministers approved a closure on Fridy, New Year's Eve, at 2 p.m that will last at least three weeks. This is in order to stop the surge in coronary heart disease in Israel. Towards the end of the original closure period, a situation assessment will be conducted in which it will be decided whether to extend the closure. The closure was approved by a majority of votes in the yeshiva, and only Ministers Zeev Elkin and Assaf Zamir voted against. Ministers Itzik Shmuli and Ofir Akunis abstained, the rest supported. Prime...

Handwashing hygiene stations developed by Israel Development have been set up in Bangalore and Podochary districts in India with the aim of guiding and encouraging local residents, children and adults, to wash their hands properly and effectively and contribute to reducing morbidity from infectious diseases. The stations were self-funded by the startup Soapy Care, which set itself a policy of providing washing stations in India and Africa with a tithe of ten sales in Israel and around the world. The project is in collaboration with the Swasti and Sanitation First organizations that promote...

On Friday evening, Prime Minister Naftali Bennett described the meeting with US President Joe Biden as "excellent" - and invited him to visit Israel after overcoming the spread of the Delta strain. "It felt like we had known each other for a long time," Bennett said. "I found a leader who loves Israel, knows exactly what he wants - and is also attentive to our needs." The prime minister said that along with him, Biden was also determined that Iran would never be able to reach nuclear weapons, and said he was happy that the target had been agreed on by both sides to work in the near future...

Two young men in their 20s were injured in a stabbing attack, one of them seriously and the other lightly. They were stabbed on Haim Bar Lev Boulevard in Jerusalem, near the light rail station not far from the national police headquarters. MDA staff arrived at the scene and treated the two and evacuated them to Hadassah Hospital on Mount Scopus. Police officers who arrived at the scene began investigating the circumstances of the case, at the same time the terrorist was shot and neutralized. MDA paramedic Sigalit Mizrahi said: "We arrived at the scene and saw two wounded with stab wounds...