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The Innovation Authority and the Ministry of Economy and Industry are launching an innovative aid track to increase research collaborations between manufacturing companies and academic institutions, to the extent of NIS 4 million The track will allow manufacturing-oriented industrial companies to order studies from the leading research institutions in Israel in a way that will allow the local industry to incorporate groundbreaking knowledge into products and production processes, advance to the forefront of industrial innovation and take leading positions in global markets

Vianai Systems, a Human-Centered AI platform and products company, today announced that it has raised $140M in a Series B financing from SoftBank Vision Fund 2* and several industry luminaries. Vianai will use the new capital to accelerate the delivery of its human-centered AI platform and products to enterprises worldwide. For many enterprises, AI has not lived up to its hype. AI's true potential originates from the ability to put humans at the center of technological solutions. Vianai’s pioneering human-centered AI approach amplifies human judgment thus empowering domain experts...

A slight and disappointing decline was recorded in unemployment in June, despite the end of the unemployment benefit extensions at the end of that month. The unemployment rate according to the CBS 'extended calculation fell from 9.8% in May to 9% in June, a decrease of only 25,000 unemployed. The unemployment rate according to the limited calculation used by the Treasury has dropped from 6.8% to 6.6% and in only 5,000 people. This is according to data from the Labor Force Survey of the Central Bureau of Statistics for June. The real test of the economy will be whether there will be a big...

1,256,077 Israelis were diagnosed from the beginning of the month until yesterday afternoon (Thursday) as positive for Corona. This is according to data from the Ministry of Health. This is the highest monthly number of verified people since the outbreak of the plague and in fact 47.5% of all verified people - since the first Israeli received a positive answer in the corona test - were diagnosed this month. Data from the Ministry of Health show that from Sunday to Thursday at noon, 405,667 Israelis were diagnosed as positive for Corona. For comparison, in January and February 2021 - the...

The Israeli economy contracted by 1.7% in the first quarter of 2021, relative to the fourth quarter of 2020. The decline in GDP, according to a first estimate by the Central Bureau of Statistics, was mainly due to the consequences of the corona crisis - the sharp closure in January and February. On an annual basis, there was a decrease of 6.5% in GDP compared to the fourth quarter of 2020 The negative data for the quarter contradict the early forecasts of analysts, who believed that the Israeli economy would actually continue to recover after emerging from the corona crisis. For example,...

There has been a 26% decrease in the volume of bond issues since the beginning of the year, according to an analysis conducted by the credit rating company Maalot S&P. The analysis shows that half of the issues were concentrated in 10 companies A total of NIS 42 billion has been raised in the bond market since the beginning of the year, a decrease of 26% compared to the volumes in the second half of 2021 and a jump of 75% compared to the volume of raising in the first half of 2021. The first half of 2022 and the second half of 2021, especially compared to previous periods, came mainly to...

The Employment Service report, the first part of which is published today, shows that the number of jobseekers claiming unemployment stood at 490,855 in April, and decreased by 14.4% compared to March. The cumulative number of all jobseekers also decreased by 13.6%. Regarding this figure, it should be noted that most of the decrease was recorded among jobseekers who were on unpaid leave. The number of job seekers registered is the lowest since the second closure. There was also a significant improvement in the number of job seekers in relation to each vacancy: in April the best figure was...

Delek Drilling reported today (Monday) that it has signed a non-binding memorandum of understanding for the sale of its entire share in the Tamar reservoir (22%) to the Mubadella Petroleum Company in Abu Dhabi. The company is part of Abu Dhabi's national investment company, which manages assets worth about $ 230 billion. This is the largest commercial agreement signed between the countries since the normalization agreements with the Emirates and it was signed as part of the gas outline in which Delek Drilling undertook to sell its holdings (22%) in the Tamar reservoir by the end of 2021....

The Corona Cabinet is convening following the continued increase in Corona morbidity, and after the discussion that took place yesterday ended without agreements on concrete restrictions. Prime Minister Naftali Bennett clarified that in light of the data collected so far on morbidity - the government will strive to protect citizens while maintaining routine and minimal damage to the economy. "We will try to be as transparent as possible," Bennett said at the opening of the cabinet meeting. "We will explain to the public what we are doing, and we will try to give a long notice in advance...

Prime Minister Naftali Bennett convened a press conference on Sunday evening following the widespread of the Omicron strain across the country - and announced that the Ministry of Health has approved a fourth vaccine for all those aged 60 and up. "The wave of omicrons is here, and I want to give the citizens of Israel as complete a picture as possible," Bennett said at the beginning of the statement, which, for the first time since the increase in morbidity, was conditional on a rapid corona examination. "It is different from previous varieties and behaves differently, and this requires us...