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In 2020, the profits of government companies in Israel amounted to NIS 2.9 billion - compared with NIS 4 billion in 2019; This is due to losses amounting to NIS 643 million in the Israel Post attributed to the corona year, and expenses of more than NIS 950 million in respect of retirement benefits for employees at the Haifa Post and Port prior to their privatization. The operating profit data make it possible to examine the decrease in the companies 'profitability due to the corona, less the one-time events, and these data indicate a decrease of about NIS 350 million in the companies'...

The Foreign Trade Administration at the Ministry of Economy and Industry will open a new economic diplomatic office in Abu Dhabi this summer, which will be a faith in the ties between Israel and the United Arab Emirates. The Economic offices will be a belief on behalf of the Ministry of Economy and Industry on strengthening trade and economic ties between Israel and the United Arab Emirates as well as on attracting foreign investment from the United Arab Emirates to the Israeli economy. Upon its establishment, this annex will join the system of economic annexes operated by the Foreign...

In 2021, the average wage in the economy was NIS 11,773. An increase of 2.3% compared to the same period last year and an increase of 9.2% compared to 2019 before the outbreak of the corona crisis. On the other hand, in the high-tech field, the average salary was NIS 26,494 - 2.25 times, according to data from the Central Bureau of Statistics published on Thursday. In December, the average wage in the economy was NIS 12,142, an increase of 7% compared to the previous month. This concludes a year with great volatility in the average wage resulting from changes in the labor market following...

The government ministers (Tuesday) confirmed in a telephone poll the cancellation of a series of restrictions created for the Corona period. Tomorrow, swimming pools, tourist attractions and the number of people allowed in confined spaces will be opened. As decided by the Prime Minister's Office, the restaurants, bars and public transport will also be opened. It was stated that "the reliefs have been approved due to the prolonged decline and stabilization in the number of new verified patients every day, in view of the steps taken by the government to prevent the spread of the corona virus

At the Alon headquarters in the Home Front Command, efforts are being expanded to curb the corona virus, in light of the recent outbreaks of the Delta strain across the country. "The increase in morbidity is abnormal compared to what we expected," says a senior official at the headquarters, "because it is not just in children." He stressed that the headquarters is conducting "aggressive operations", which include sending epidemiological investigations and sampling to each outbreak point, and even increasing the number of investigators by about 500. However, for now there is no intention to...

The Center for the Collection of Fines in the Enforcement and Collection Authority, which collects the corona fines imposed by the police, reports this morning (Monday) that in the last 12 days, Israeli citizens have been given about 52,000 fines in the amount of NIS 42 million. Since the beginning of the crisis, citizens who violated the regulations have been fined NIS 510,000, in the amount of NIS 312 million. Over 90% of the fines were given for not wearing a mask. One-third of the requests for cancellation of reports filed by citizens against Corona fines issued by police were granted....

The recovery of the economy is much broader than expected. April recorded a record state revenue for this month from taxes in recent years. Despite the holidays, total tax revenue in April 2021 was NIS 30 billion. The data, which will be officially published on Sunday, show that this is an increase of close to 30% compared to the state's tax revenues in April 2019, before the corona crisis, which amounted to NIS 23.6 billion. In April 2020, of which the first closure was for 19 days, tax revenues were particularly low at NIS 21.9 billion. The increase in tax revenues last month is due to...

The Ministry of Health updated the corona data in Israel, with the end of the Yom Kippur fast. According to the new data, 8,586 new positives were diagnosed in Corona on Wednesday and now the number of active patients in Israel stands at 83,652 patients. The percentage of positive tests yesterday was 5.93% and the coefficient of infection is 1.14. The number of severe patients is 654 patients, of whom 237 are defined as critical and 186 are respiratory. The number of deaths from the plague also increased during the holiday and now stands at 7,465. The fight against the plague continues all...

After 32 days in which more than 30,000 verified patients were diagnosed each day, Thursday 27,723 positives were diagnosed for Corona. The coefficient of infection continues to decline slowly and stands at 0.76. The dismal figure is that since the beginning of the year, 1,980,823 positives have been diagnosed in Corona in Israel, and for some 182,000 of them this was not the first time they have been infected with the virus. Data from the Ministry of Health show that there has been a further decrease in the number of patients in a difficult and positive situation for Corona. As of noon,...

After a long period of information leaks, Intel officially announced the launch of Alder Lake, the new generation of PC processors. This is the 12th generation of Intel Core processors, the successor to the previous generation (Rocket Lake). The new series of processors will be designed for PCs, desktops and laptops. In a press release, Intel (+ 1.71% 137.1) estimated that the processors would generate revenue in the order of tens of billions of dollars. Intel's big challenge will be to prove that the new processors address and close the gaps with the new AMD and Apple processors