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ALTIS, HOT's parent company, confirmed to the stock exchange this morning that HOT had made an offer to acquire the full shareholding of Partner. Eltis, of Patrick Darhi, approved but did not specify the content of the proposal. HOT submitted an offer to acquire 100% of Partner for more than NIS 3 billion. If the proposal is approved, the first merger in the cellular industry is expected to take place, after long months of talks where HOT, controlled by Darhi, wants to merge with one of the companies, Cellcom or Partner. Partner also announced that it had received a purchase offer from...

More than 313,000 students will open their academic year this morning at 61 higher education institutions. After many political and academic debates in recent years, the Faculty of Physicians at Ariel University will open for the first time today, although the Planning and Budgeting Committee of the Higher Education Council has not approved giving it a budget. 70 students will begin their studies at Ariel Medical School. According to the National Student and Student Union Survey published before the start of the school year, 60% of students stated that they felt that academia was not...

Israeli cyber security company Checkpoint has announced the acquisition of Israeli cyber company Protego from Israel. According to Checkpoint, the acquisition will extend cloud protection services to customers using serverless cloud applications (Cerberles). The purchase amount is estimated at $ 40 million. Check Point announced that it would "integrate technology as part of its unified Infinity defense architecture" and that the acquisition will help Checkpoint "help organizations protect themselves from fifth and sixth generation cyber attacks." Protago was founded in 2015 under the...

About thirty technology colleges will open in disruptions this morning due to budgetary hardship that threatens to continue their operations. Political controversy delays transfer of NIS 146 million budget promised in favor of technology college reform and another sixty-one NIS dictionary approved for colleges a year for college budget, lecturer money, vendor pay and ongoing management. Speaker of the Finance Committee Knesset Member Moshe Gaffney last week refused to transfer the money to the committee on the grounds that the money would drive reform in the technology colleges, a reform...

Conflict, urgency, shouting and great disappointment: While more than a thousand backpackers are making their way back from South America back to the country, 23 Israelis remain in Lima the capital of Peru after finding no place on flights. Four EL AL planes and another Lattam leased aircraft that took off from Cusco are involved in the complex flight of Israeli backpackers. Last night, after two El Al planes took off from Lima airport, it became clear that some Israelis had no place in the planes. It also turned out that many of those who arrived at the airport were not registered at all...

"The Israeli economy is facing a severe recession and GDP is expected to decline by 8.3%, which means growth is expected to be negative and stand at 8.3%. If a second outbreak of the Corona epidemic occurs later this year, and 6.2% if the epidemic goes away by the summer. " This is the sharpest recession since the establishment of the state, and the forecast is much gloomier than that of the Bank of Israel, which estimated the impact on GDP at only 5.3%. The decline in growth, according to the optimistic outlook, is also stronger than the world average (6%), but less than the expected west...

Finance Minister Moshe Kahlon and the head of the Federal Finance Division (FDF), Swiss Confederation Minister of Finance, Mr. Oli Morer, met in Jerusalem to discuss various financial and fiscal issues of mutual interest. The ministers met after a second round of economic dialogue in Switzerland, in which the parties identified areas of mutual interest and undertook commitments to deepen cooperation on a number of issues, including access to the market and the industry

Following the anger of the US administration and the official complaint forwarded to the Israeli government - US airlines will participate in the US flight schedule. The arrangement that has been found is that the three companies that operate on the line, United, Delta and El Al, will operate a schedule that will be divided between the three: every day a different company will operate a flight on the line from the US to Tel Aviv. However, Delta and United will be allowed to board passengers on flights departing from Tel Aviv every day. As part of the division of the flight schedule, Delta...

The struggle of the Lahavim plant in Galilee, which Pratt & Whitney wants to close and lay off 900 workers, is intensifying. The parent company wishes to transfer the activity of the distributor to the United States. The storm of layoffs and the closing of the plant in the north reached the finance committee in the Knesset: Martin Beaulieu, the vice president for operations strategy at the American company claimed that they did not find a buyer and that the plant lost 700 million dollars and will continue to lose until the closure. The Histadrut representative rebuffed him: "They want to...