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Israeli national airline El Al announced Monday that the state has officially lifted restrictions on dividend distribution, allowing the company to resume payouts to shareholders on profits from 2025, a year earlier than originally agreed

The Companies Survey for the first quarter of 2019 reflects a moderation in the rate of expansion of business sector activity. The net balance of the business sector declined in the first quarter of 2019 to close to zero. In the services, trade and industry sectors, the Bank of Israel expects expansion in the next quarter. In the last quarter the rise in the net balance of output in the manufacturing industry was halted in the previous two quarters. The net balance of output in the last quarter was negligible but insignificant, especially among companies whose level of innovation is mixed,...

Teva Pharmaceutical Industries announced plans to lay off approximately 2,900 employees — about 8% of its global workforce — by 2027 as part of a sweeping cost-cutting strategy to boost profitability. The move is part of the company’s goal to achieve a 30% operating profit margin by 2027

As 2.6 million students return to schools across Israel today (Monday), the education system is facing what experts and educators describe as the most severe crisis in its history — with dramatic deterioration in budget allocation, academic standards, leadership, and core democratic values

Gross domestic product increased by 4.8% in the first quarter of 2019 compared to the fourth quarter of 2018, according to the second estimate published by the Central Bureau of Statistics on Sunday. This increase is more moderate than the previous estimate for the first quarter published last month, which reported an increase of 5.2%. Although the Central Bureau of Statistics has revised its growth rate in the first quarter downwards, this is still an impressive figure, reflecting an increase in the economy's growth rate, by 3.8% in the fourth quarter and 3.8% in the third quarter of 2018