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Ahead of the formation of a new government in Israel, Knesset Speaker Yariv Levin announced that Yair Lapid had managed to form a government with Naftali Bennett, but so far has not determined when the vote will take place to approve the formation of a new government. Meanwhile, the coalition agreements between the parties are revealed. The cost of forming a new government, as reflected in the clauses of the coalition agreements published so far, is estimated at around NIS 20 billion a year for the state budget. The full agreements will only be revealed when they are laid on the Knesset...

In the third quarter of this year, Strauss reported a notable increase in sales, reaching NIS 2.67 billion, marking a 7.3% rise compared to the corresponding quarter. However, the company's profitability is under pressure, with a net profit of NIS 120 million, significantly lower than the NIS 204 million in the third quarter of 2021

The Corona crisis has led to a fall in real estate deals for the purchase of residential apartments last April that has crossed all market segments - young couples, investors, and housing enhancers - according to the chief economist's review of the housing sector in April, published Thursday. The total number of transactions was only 2,100 apartments - the lowest level recorded in the domestic real estate market at least since the early 2000s. The last 20 years. The review noted that the unprecedented slump in the number of transactions was recorded against the backdrop of the Corona...

On Saturday evening for the eighth week in a row, many Israelis demonstrated at bridges and intersections across the country in protest of the conduct of the government and its leader - Benjamin Netanyahu - regarding the economic crisis. Also, many thousands protested in front of the prime minister's residence in Jerusalem, under the headline "We are the hope - voting with our feet," and hundreds demonstrated near his home in Caesarea. One of the signs read: "When will you make peace between us?". At the same time, police announced that they had arrested a Hadera resident on suspicion of...

Ben & Jeris Israel can continue to sell ice cream all over Israel and Judea and Samaria: a significant achievement for Ben & Jeris Israel and owner and CEO Avi Singer: In an agreement signed with the global company Unilever it was agreed that the Israeli company will continue to produce and sell ice cream all over Israel including Judea And Samaria.The arrangement ends the dispute between the parties. Ben & Jerry's Israel (American Quality Products), owned by Avi Singer, announces today (Wednesday) the signing of an agreement with the international company Unilever, which ensures the...

The housing market is boiling: According to a survey by the chief economist at the Ministry of Finance, Shira Greenberg, 14.1 thousand apartments were purchased in August alone, the highest level since the historic record in June 2015. This is a 31% increase compared to August last year and an 8% increase compared to last July. It should be noted that the level of transactions in August 2020 was high in itself against the background of a jump in investor purchases, after the purchase tax was lowered at the end of July that year. The survey shows that investors bought about three thousand...

The employment rate in the economy has fallen from 61% to 50% since the beginning of the crisis - but this figure does not reflect the intensity of social disparities: the employment rate of the bottom quintile of income was 29% lower in October relative to the eve of the crisis, compared to only 6%. In the top quintile. That is, the decline in employment among the weakest was 5 times greater than that recorded among the strongest. This emerges from a review of the effect of the second closure on the labor market published today (Sunday) by the chief economist at the Treasury, Shira...

In a response to the recent conflict in the Gaza Strip, two major Israeli banks have unveiled plans to provide relief to homeowners located in areas near the border. Bank Hapoalim and Mizrahi Tefahot Bank are offering mortgage payment exemptions to residents affected by the hostilities, in addition to the broader outline provided by the Bank of Israel earlier this week

Progress regarding investor Eli Rosenberg on the way to obtaining a permit to purchase El Al. The Companies Authority will recommend to the state the granting of a permit to Rosenberg, subject to the discretion of the ministers holding the state's gold share in El Al. A letter sent by the director of the Companies Authority, Yaakov Quint, to Rosenberg's representative, CPA Aminach Rusk, states: , To agree that he will hold a rate in excess of 40% and that give him control over El Al. Subject to the state's decision, the issuance of the recommendations is said to be conditional on the PA's...