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The Innovation Authority awarded more than NIS 65 million as part of a special program for ventures from Arab society. In the past five years there has been a 50% increase in the percentage of Arab students studying Computer Science and Engineering The Director General of the Innovation Authority spoke this morning at the High-Tech Conference of the Arab Society held in Nazareth, at the initiative of the Ministry of Social Equality and the US Embassy. "We believe in the tremendous potential existing in Arab society for integrating into the high-tech industry, both as employees and as...

The head of the budget department in the Ministry of Finance, Shaul Meridor, announced his resignation on Sunday evening. "In recent months, and even more so in recent weeks, the ability to perform my duties as head of the budget department has become impossible," Meridor wrote to Minister Israel Katz in his resignation letter. "Unfortunately, you do not allow me and many other public servants in the various divisions of the Ministry of Finance and other government ministries to do what we know how to do - formulate, propose, analyze and criticize policy measures that will allow the...

The Japanese automaker, Mitsubishi is investing for the first time in an Israeli company, the Israeli company Softtwheel, which developed a wheel that combines shock absorbers. The development enables weight saving, reduced energy consumption, improved travel comfort and is adapted to the era of electric vehicles

33.073 of degree recipients from institutions of higher education in Israel, which constitute 5.8% of all academic degree owners, stayed abroad from 1980 to 2011, for at least three years. The situation did not change in 2017, according to figures from the Central Bureau of Statistics, which were revealed by the Knesset's Immigration and Absorption Committee. The committee discussed "brain drain," and ways to bring Israeli academics back from abroad. In the fields of exact sciences and engineering, the percentage of those residing in Israel is higher than that of degree recipients in the...

On Sunday, the academic year begins in Israel, but it is accompanied by disruptions. The junior staff is taking sanctions and there are about 5,000 lecturers who will not work. They intend to strike indefinitely. At the center of the struggle is the demand to establish employment security for workers, and among other things, to receive early warning regarding their continued employment in the next school year

A winter week began tonight and Tuesday there is even a chance of snow in the mountains of the center and the northern Golan Heights - but the residents of Jerusalem will probably not be tempted by whites. The current rain system has so far mainly affected the south, and in Ashkelon they have dropped 26 mm by Saturday evening. The rains will spread and fall from the north to the northern Negev, accompanied by thunderstorms. Expected to be open tomorrow, tens of millimeters of rain have rained in the Central and Tel Aviv areas so far, no real damage has been reported, but they are expected...

42% of households in Israel that own a bank account have been in an overdraft account for at least one month during the past year (2018). This represents no less than 1.1 million households, comprising 4 million persons. This is according to a survey of household financial assets, published by the Central Bureau of Statistics (CBS). The survey, for the sixth consecutive year, has followed a fixed sample of about 4,000 households with about 12,000 persons over the years. According to the findings, about half (52%) of households with children have been over-drawn for at least one month in...

On Monday, the Knesset committee unanimously approved the bill initiated by the committee's chairman, MK Eitan Ginzburg (blue and white), according to which the salaries of Knesset members will be frozen in 2021. The purpose of the bill is to prevent the salary of Knesset members from being updated by approx. NIS 5,000 gross per month. The Knesset will save about NIS 6 million as a result of the freezing of the salaries of the incumbent MKs, when this amount does not include the expected savings due to the freezing of the update on the benefits of former Knesset members. Knesset Member...

Rafael's Armoured Shield Protection system, to protect armored vehicles from missiles and mortar shells, is beginning it's export potential. The US Army, which has already ordered systems for $ 193 million for its Abrams tanks, is expected to increase its order to about $ 500 million, while increasing the number of tanks it will install