Popular Articles

Chip giant Intel has announced that it has decided to provide its employees around the world, and also in Israel, with benefits worth more than $ 2 billion, half of which will be reflected in benefits in the salaries of the company's employees and more than $ 1.4 billion will be in options granted to employees. Most of the benefits are intended for existing company employees and a small portion of it is intended for new employees. The company currently employs about 110,000 employees worldwide, of which about 14,000 in Israel. If the payment is divided equally, which is unlikely to happen,...

Rafael announces its financial results for 2021, as approved at the company's board meeting, with sales of NIS 9.931 billion ($ 3.075 billion) and a net profit of NIS 431 million. For the first time, the company consolidated the reports of its subsidiaries Aeronatics and Controp. At the end of the 2021 work year, Rafael CEO Yoav Har-Even said: "2021 was a very successful year in all areas of the company's operations, which were also reflected in the impressive financial results despite objective challenging parameters, such as the continued effects of the corona plague on the economy

The Minister of Finance, Avigdor Lieberman, has decided to increase the income supplement for seniors. The benefit will increase by almost NIS 500 per person. The Ministry of Finance says that the move means that exercising the rights to receive income supplementation will allow the elderly to receive income above the poverty line. Income supplement is paid to adults whose income is low, usually without a pension, and who are mainly based on an old-age pension. The average benefit today is NIS 3,230 per person per month, and will now increase to at least NIS 3,710 per month. This amount is...

In a recent review published by the Division of the Chief Economist in the Ministry of Finance, the residential real estate market in January 2024 displayed significant signs of recovery, particularly in the segment of new apartments

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...

After four years of studies in which the Ministry of Education made attempts to reduce parents' payments, subsidize some of them and prevent their increase, on Monday he announced that he was canceling the plan to subsidize parents' payments for all students. As a result, the parents' payments to the schools will increase by NIS 20 per student already in the next academic year and are expected to continue to increase in the years to come

In response to the growing trend of "mortgage recycling" and the challenges customers face when refinancing at the same bank, the Bank of Israel has announced a new regulation aimed at simplifying and expediting the process. This groundbreaking directive, set to take effect next year, seeks to revolutionize the mortgage consulting field and alleviate the frustrations faced by borrowers

The second wave that comes in the summer days, mass unemployment, business closures and protests, bring with them pessimism about citizens' economic situation in the country, and their economic situation in the household - according to a survey of consumer confidence for the first half of July, published today (Wednesday) by the Central Bureau of Statistics. CBS). Consumer confidence in the economy in the first half of July continues to fall to 28%, while in June it stood at a negative rate of 23%

The IEC reported a loss in the second quarter of 2021. This, when in the background there was an increase in demand for electricity compared to the same period last year. According to the company, the second quarter of the year is usually characterized by low profitability or loss due to "seasonal effects". That is, in the second quarter, which occurs in the spring months, power consumption is generally low due to the mild weather. The company reported a loss of NIS 33 million in the second quarter, compared to a loss of NIS 474 million in the second quarter of 2020. In the first half of...

Phoenix Insurance Company ended the second quarter of 2020 with a total profit of NIS 748 million and a total profit of NIS 171 million in the first half, according to the financial report published by the company this morning (Sunday). Tomorrow, Harel Insurance Company will publish its reports, It remains to be seen whether the Phoenix (+ 0.06% 1648) will remain the highest earner in the industry. The source of the increases in the Company's profitability is in the increases in the capital market that were properly utilized by the Company's investment managers, as well as in the increase...