Popular Articles
Category: Hitech
A research group from the School of Engineering and Computer Science at the Hebrew University, under the direction of Prof. Amnon Shashua, has succeeded in proving mathematically that methods leading the field of artificial intelligence can help to understand phenomena in quantum physics, "This is an exceptional event in which the leading scientific journal in physics publishes the work of researchers from another field - computer science, and we are at a turning point in which computing power and methods Modern artificial intelligence, allow cross-domain contribution, and for example will...
Feb 23, 2019
Category: Financial
The Competition Authority approved the transaction for the acquisition of control of Partner by the Gabay, Rodev and Phoenix Groups. This removed another obstacle although expected to complete the transaction. Avi Gabay, Shlomo Rodev, Phoenix, Menora and Mori Arkin buy 27% of the communications company Partner from Hong Kong Hutchison for $ 300 million. The group is now waiting for a permit from the Ministry of Communications to complete the move. The estimates in the capital market are that the group will not have difficulty obtaining the permit from the Ministry of Communications and...
Jan 9, 2022
Category: Politics
The government will continue to function and the Knesset will not disperse tomorrow at midnight. This is after Prime Minister Benjamin Netanyahu said on Sunday evening that he accepts the compromise proposal to postpone the approval of the state budget by one hundred days. He said, "This compromise proposal is the right answer for Israel at this time. It is time for unity, it is not time for elections." Netanyahu added that "the government must be stopped within the government. I hear on the radio wild attacks on the prime minister out of blue and white, out of the government. I say: enough...
Aug 23, 2020
Category: Real Estate
Despite the corona crisis, the closure and the High holidays, the number of transactions in September 2020 was among the highest recorded in September in the last twenty years, both in terms of total transactions and those made in the free market only. This is according to data from th chief economist at the Ministry of Finance. The numbers indicate that last September 9,600 apartments were purchased (including price-per-tenant apartments), unchanged from September 2019 and a decrease of 11% compared to the high level of transactions recorded in the previous month. These are particularly...
Nov 9, 2020
Category: Real Estate
Surprising recovery in the housing market: A survey by the Chief Economist of the Ministry of Finance shows that in June there was a record sale of apartments since the outbreak of the crisis. The increase was also recorded compared to June last year. Total transactions last June amounted to 10,900 - an increase of 16% compared to June last year. After deducting price-per-tenant sales, 9,100 transactions were recorded in the free market - an increase of 11% compared to the corresponding period. 4,200 new apartments were sold in June, the highest monthly number since the beginning of the...
Aug 11, 2020
Category: Real Estate
The monthly review of the chief economist at the Ministry of Finance, Shira Greenberg, published, reveals unsurprising data for May, when there was another increase in the purchase of apartments throughout Israel. In May, 12.5 thousand apartments were purchased, an increase of 40% compared to May 2019 and an increase of 15% compared to last April. Comparing the level of transactions in the free market last May to its counterparts in the last twenty years, it is found that this is the second highest level, and is only ahead of the level of sales in May 2013. In the market segment of new...
Jul 27, 2021
Category: Banking
Most of the banks in Israel again did not pass on the full interest rate increases to citizens' deposits, the Bank of Israel published today (Sunday) a first comparison between the average interest rates given by each of the banks in Israel in practice for deposits and for credit. The data is expected to be updated once a month, thus helping the public to compare the conditions given by the various banks and, if necessary, to bargain and even switch banks. However, while the data may help customers compare, it does not present a complete picture
Oct 8, 2022
Category: Politics
For the first time since the closure was imposed, thousands of people demonstrated on Sunday evening against Prime Minister Benjamin Netanyahu in Paris Square, near his residence on Balfour Street in Jerusalem. This is the 14th demonstration in a row since a protest began against the continuation of his tenure under indictments and against the background of the failures to deal with the corona plague. During the demonstration, police arrested a suspicious driver who was driving toward police checkpoints and stopped creaking as he approached police. The driver, a resident of Jerusalem in his...
Sep 20, 2020
Category: Government
In a dramatic turn of events, Israeli tech startup PROMAI has filed a NIS 10 million lawsuit against its former CEO, Erez Ben Yishai, accusing him of fabricating a vast web of lies and forgeries that misled the company, its employees, and investors. The civil suit, filed yesterday in the Tel Aviv District Court, outlines a staggering scheme involving forged documents, fake contracts with global corporations, impersonation of military personnel, and the use of AI tools such as ChatGPT to bolster the fraud
Apr 21, 2025
Category: Real Estate
The corona crisis gave its signals on the real estate market in the second quarter of 2020: In April-June, 16,800 apartments were sold in the free market (ie apartments that were not subsidized by the state) - a decrease of 27% compared to the corresponding quarter last year. Published today (Sunday) the chief economist at the Ministry of Finance, Shira Greenberg. It should be noted that this is the sharpest quarterly decline rate since the second quarter of 2014 that stood in the shadow of waiting for a zero VAT plan and also the lowest level since the first quarter of 2003 that stood in...
Oct 3, 2020
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