Popular Articles
Category: Financial
Teva Pharmaceutical Industries reported stronger-than-expected results for the third quarter, supported by continued momentum in its portfolio of innovative medicines. The company also raised its full-year revenue forecast for its leading drug Austedo, which treats movement disorders linked to neurological conditions
Nov 5, 2025
Category: Health
Two more Israelis were diagnosed with Corona virus - the Health Ministry announced Friday. The two, aged 50, are residents of the center of the country who are currently living in isolation. One turned on February 27 from Madrid, Spain, and the other returned on March 4 from Zurich, Switzerland. As a result, the number of infected persons in Israel rose to 19. The Ministry of Health announced that the exact flight numbers and locations where the patients were staying will be published later. Yesterday, two other patients became aware of the infection. One of them, a tourist bus driver from...
Mar 6, 2020
Category: Government
Approximately 30 rockets were launched toward northern Israel since the morning, as fighting along the Lebanon border continued to intensify. The Israel Defense Forces (IDF) said two reserve soldiers were seriously wounded during combat operations in southern Lebanon
Apr 10, 2026
Fashion and commerce chains against the high commission and don't accept American Express and Diners
Category: Banking
Members of the Association of Retail, Fashion and Catering chains join Max and others and call on the Ministry of Finance to allow all credit card companies in Israel to clear these brands. Today, American Express is eliminated exclusively by Isracard, and Diners is eliminated exclusively by Visa Cal. "The average clearing fee in Israel is less than 0.9%, while the clearing fees of Diners and Amex are higher than 2%. "Refuse to accept your credit card from you? Suddenly he does not pass at the checkout? This may be because you have American Express (Amex) or Diners. Due to the high fee...
Jun 22, 2022
Category: Financial
The average monthly gross income per employee from hired employment was NIS 10,584 in 2018, up 4% compared to 2017. Median income per employee is NIS 7,988, a real increase of 6.3% compared to 2017, according to data released on Monday by the Central Bureau of Statistics. . The average number of working hours per week is 40.9, and the average gross income per working hour is NIS 61.7. According to gender, 51.6% of employees are men and 48.4% are women. The average gross income per employee male is NIS 12,498 per month (and NIS 66.3 per hour). The average gross income per hired woman is...
Dec 9, 2019
Category: Government
The insurance volume of Israeli companies investing in African countries has so far reached $ 700 million, and the Ministry of Economy and Industry has decided to double the budget for Israeli companies, through which they will be able to double the volume of their deals. Asha will provide guarantees to a wide range of African countries. Kenya ($ 150 million), Nigeria ($ 105 million), Uganda ($ 70 million), Ethiopia ($ 33 million), Cameroon ($ 60 million), and others
Oct 20, 2018
Category: Financial
French-Israeli businessman Patrick Derhey buys Sotheby's, the largest auction house in the art world, for $ 3.7 billion. Sotheby's announced that BidFair USA, owned by communications and telecom entrepreneur Patrick Drahi, will pay $ 57 per share in cash, and Sotheby's will become a private company. This is a 61% upside on the share's closing price last Friday on Wall Street - $ 35.39 per share, reflecting a market value of $ 26 billion before the deal
Jun 17, 2019
Category: Financial
Bank Hapoalim announced a long-term plan for cooperation with Amazon on Tuesday, "with a view to strengthening Israel's position in global online commerce." Last week, a meeting was held in Tel Aviv between the bank's management, led by CEO Dov Kotler, and Amazon's global delegation led by Rotem Hershko, Amazon Global Manager. Amazon, and providing benefits to Bank Hapoalim credit card holders for shopping in close proximity to Amazon's major sales events. So far, the collaborations between the parties have been casual, and today the parties have signed regular cooperation for the next two...
Dec 24, 2019
Category: Real Estate
Due to the peak data in the mortgage market, the Bank of Israel announced today that it has finally decided not to allow a loan to be used as equity to purchase an apartment. At the same time, it will be possible to take such a loan as a bridging loan for housing developers, until the end of the process of selling their existing property. That is, this prohibition will be particularly relevant to investors who are in fact leveraging an existing asset to purchase an additional asset. It should be noted that the activity of investors in the real estate market has increased in recent months,...
Aug 9, 2021
Category: Real Estate
2021 was a record year in the real estate market and not only in terms of prices and sales of apartments. Data published by the Central Bureau of Statistics (CBS) summarizes the number of construction starts in 2021 amounted to 63,330,000 apartments - a record not observed since 1995. This is an increase Of 13% compared to 2020, when construction began on 55,990 apartments. The data are set against the background of statements by Finance Minister Avigdor Lieberman on new measures to cool price increases, the launch of a new lottery for 10,000 discounted apartments funded by the government...
Mar 20, 2022
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