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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...

ZIM sums up a tremendous year: The sharp rise in global transportation prices jumped the profit of the transportation shipping company by 787% to $ 4.65 billion in 2021, compared to $ 524 million in 2020. Zim is controlled by Idan Ofer's Canon holding company - the company ended the fourth quarter with a net profit of $ 1.71 billion, compared to only $ 366 million in the corresponding quarter - an increase of 366%

Matthias Korman, Secretary General of the Organization for Economic Cooperation and Development (OECD), arrived at a cabinet meeting in Jerusalem today and presented a presentation to the Prime Minister and government ministers on the impact of the corona on the Israeli economy. In the presentation, data were presented to the ministers, according to which the increase in employment in the past year was higher than the average of the other OECD countries. So while the employment rate for ages 25-64 in Israel is about 75%, the average in the member states of the organization is about 70%....

Following the rise in corona morbidity, and after health ministry experts recommended Wednesday return and wear masks indoors and in gatherings, Corona projector Prof. Salman Zarka said today that the rise in morbidity "worries senior Ministry of Health officials". He recommended to "be careful and put on a mask indoors", but clarified that "Israel will not obligate the public to regulations and restrictions. " In an interview with prof. Zarka the project manager referred to the increase in morbidity and said that "we are monitoring it and conducting situation assessments. As the increase...

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 Ministry of Finance's chief economist's examination of the economic situation of the victims of the economic crisis raises concerns that the mortgage repayments of tens of thousands of households who bought an apartment in the past five years and went on unpaid leave exceed half their income. Assuming a fixed and unlinked average interest rate of 3.2% for a repayment period of 30 years, it is obtained that the monthly repayment of households that purchased a first apartment in 2019 and were expelled from the Knesset amounts to NIS 3,900. Was 23% on average, and in the two lowest...

The Knesset plenum approved on second and third reading the bill to finance the isolation fee for the self-employed, submitted by Finance Minister Avigdor Lieberman at the request of the self-employed organizations and the chairman of the Labor and Welfare Committee, MK Efrat Reitan. Twelve MKs supported the proposal without opponents. This is after ministers Lieberman and Yair Lapid and MK Reitan yesterday agreed on the payments for the government's participation in financing the self-employed's expenses during the isolation days

The Employment Service reports this morning (Monday) that in the last day 18,566 new jobseekers were registered, with 39,308 unemployed registered since the closure and since Sunday, 27.12.2020, the day the closure began, a total of 99,234 new jobseekers were registered. The update also shows that 81,923 of the unemployed were released on unpaid leave, and their share of all new job seekers is 82.5%, while 17,311 of them have been fired or resigned and their share stands at 17.5% of all registrants since the closure began

Finance Minister Avigdor Lieberman begins work. The Minister announced today (Wednesday) that he is returning the criterion for maximizing earning capacity in order to receive a subsidy in day care centers worth approximately NIS 1,800 per child. It will be recalled that Foreign Minister Yair Lapid introduced this section when he served as Minister of Finance, but immediately after he ended his term, this section was repealed so that ultra-Orthodox families were no longer required to go to work to receive the subsidy. In order to encourage integration in the employment market, the Minister...

3,084 Israelis have been diagnosed as positive for Corona since midnight. The positive rate out of about 51,500 deciphered tests stands at 6%. Data from the Ministry of Health show that 1,217 corona patients are hospitalized in hospitals across the country, 785 of them in critical condition and 261 respirators. Since the outbreak of the plague, 5,660 corona patients have died in Israel, 11 of them only today. The rate of serious patients among those aged 60 and under continues to decline, due to the vaccination campaign. As of tonight, 56.5% of severe patients are over 60 years old. 19.7%...