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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

The volume of capital raised in Israel in 2018 was $ 6.5 billion, an increase of 17% compared to 2017, according to the annual report issued by IVC Research, in cooperation with the law firm Zisman Aharoni Gayer & Co. The rate of growth in 2018 was higher than that Which was recorded in 2017 and 2016. Not all of the money necessarily flows into the bank accounts of the funds, but rather is used to purchase shares of existing shareholders and of veteran employees. For example, the report mentions that Citrix raised $ 60 million, but $ 45 million was used to buy existing shares

Exits in the first half of 2019 totaled $ 14.48 billion in 66 deals, including the acquisition of Ananeda by Mellanox (a deal of $ 6.9 billion not yet completed). Without the Mellanox deal, the total amount of exits in the first half of the year was $ 7.58 billion, according to the IVC research report and the firm Meitar for the first half of 2019. Compared to the first half of 2018, the number of exits decreased slightly from 73 to 66 this year. On the other hand, the average value of the exit rose to $ 116.6 million without the Mellanox deal, and almost doubled compared to $ 63 million...

Israeli security company Check Point revealed a serious security problem in the rackets of the Chinese DJI company. DJI is considered to be the leader and largest in the global civilian-consumer market, with a market share of 70%. Check Point's investigators, Dikla Barda and Roman Zaken, said the problem allowed hackers to break into the personal accounts of the spiders' operators, and in some cases to obtain real-time access to the information and even receive live video and voice broadcasts

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...

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...

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...