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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...

The Ministry of Environmental Protection imposed a monetary sanction of NIS 1.1 mlilion on Zohar Dalia plant at the kibutz "Dalia" for various violations, which led to the addition of emissions of air pollutants. The plant located in Kibbutz Dalia in Ramat Menashe is a chemical plant for the production of raw materials for the detergents and cleaning products, toiletries and cosmetics. Following routine chimney sampling and citizen reports of the accumulation of white powdery sediment on surfaces and vehicles throughout Kibbutz Dalia, various violations have been discovered, which can...

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

According to a study published by the Bank of Israel, 14% of the bachelor's degree holders are more educated than necessary. The Bank of Israel refers to surplus education when a person's formal education is higher than he is required to do his job. The way to check this is by comparing his number of school years to the average school year in that occupation. The study, conducted by Noam Sussman, Idan Lippiner and Dror Rosenfeld of the Bank of Israel's research division, also found that about 40% of undergraduate students work in a non-conforming job with the study profession they...

Income inequality in Israel increased in 2018 after three years of decline - according to data on households' expenditure and income published by the Central Bureau of Statistics on Tuesday. According to the data, the Gini income inequality index rose to 0.355 points (up from 0.351 points in 2017). The figures also show that the most significant increase was recorded in the average health expenditure of an average family in 2018, and that the share of Israel's top decile in net monetary income increased, approaching a quarter of the total income of the deciles. In the lower three deciles,...

The Ministry of Environmental Protection imposed a monetary sanction on the port of Ashdod under the Prevention of Sea Pollution from Land-Based Sources Law, in the amount of NIS 10,649,240 million. This amount will be deposited into the Marine Pollution Prevention Fund within 60 days