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The long queues at Ben Gurion Airport where the Israelis stood during the week of Passover are also reflected in the data: in April this year, 685.6 thousand passenger departures were recorded abroad, close to the numbers before the corona eruption in 2019, when 798.7 thousand passengers left the country. On the other hand, despite a significant recovery, the increase in inbound tourism is still far from the data before the crisis and stands at about half of April 2019. Due to the Corona restrictions in 2020 as a whole, 887.1 thousand foreign arrivals to Israel were recorded, and in 2021...

The Bank of Israel estimates that the government's decisions to move to a stricter closure, which will reduce attendance at workplaces and completely close jobs that receive an audience and the education system, will entail a cost of NIS 3.5-3 billion a week for the economy. This is in contrast to the Bank of Israel's estimate of the cost of the least tightened closure, which began at the end of December, which was NIS 2.5 billion a week. The new decisions join, of course, the existing restrictions on leaving the house up to a distance of 1 km, cultural activities, banquet halls, etc

The volume of construction starts in the 12 months between April 2019 and March 2020 decreased by 2.3% compared to the 12 months preceding the period under review; This is according to the CBS data released Thursday. This is a period whose end was marked by the beginning of the restrictions in the economy due to the spread of the Corona, whose real implications can only be understood in the summary of May-June. During the period examined by the CBS, the construction of approximately 51,000 apartments began, and after 2019 was characterized by a mixed trend and in 2018 there was a 3.2%...

Eyal Berkowitz entered the field of electric scooters. Leo (LEO), which he owns, will start operating scooters in Israel, Australia, Germany, Spain and France. The activity in Israel will begin in March in the cities of Tel Aviv, Ramat Gan, Haifa and Eilat at a price of NIS 5 for renting a vessel and a half shekel for every minute of use. Leo's tools will be available 24 hours a day, 24 hours a day, as opposed to the usual cessation of service from 22:00 until the following morning

Confrontation within the Likud at the top of the government: Finance Minister Israel Katz sharply criticized the closure policy led by the Ministry of Health with the support of Prime Minister Benjamin Netanyahu. In internal finance ministry discussions on formulating an economic assistance program for the self-employed and unemployed, the minister said: "I will not let millions of people sink into despair and disgrace from hunger because of wrong decisions by the Ministry of Health to close the economy indiscriminately and without any health justification

The hacker group Pay2Key, which is suspected to be linked to Iran, released a database on Sunday evening that it said was stolen from the computers of IAI's Elta Division. The aerospace industry said the issue was under investigation. At least some of the names on the list do belong to Elta employees. For example, one employee whose name appeared on the list even appeared before a committee in the Knesset and whose name was published in the minutes of the same committee that is available on the Internet. The Iranian hacker group has already revealed last week that it has managed to break...

The Teva Company announced that it has decided to appoint Richard Francis as President and CEO of the company. The appointment will take effect on January 1, 2023. In order to ensure an orderly transition of the position of CEO, the members of the Board of Directors together with outgoing CEO Kor Schultz decided that He will finish his term at the end of December 2022

The Israeli mortgage market continued its upward trend in August, with total mortgages reaching NIS 8.36 billion, according to Calcalist estimates. This marks a 19.2% increase compared to August 2023 and a 32% rise compared to the 12-month average of NIS 6.32 billion

The Knesset plenum this evening (Monday) approved the bill to postpone the approval of the state budget by 120 days. The proposal was approved with the support of 67 MKs, including the Likud and Blue and White, compared to 37 opponents. As a result, the Knesset will not be dissolved and a fourth election campaign will be prevented within two years. According to the bill, the determining date for approving the budget will be December 23. NIS 11 billion will be added to the state budget for 2020, and the total updated budget is NIS 411 billion. The addition will be used, among other things,...

In the wake of the ongoing conflict in the region, several Western fast-food chains, including McDonald's, KFC, and Starbucks, are facing a significant boycott across various Arab countries. The boycott, primarily driven by social media movements, has gained traction in countries such as Egypt, Jordan, Kuwait, and Morocco