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The Ministry of Health announced last Sunday that from midnight to 10:30 pm, another 299 Querna patients were diagnosed in Israel. A total of 23,755 cases of corona virus infection were detected in Israel since the beginning of the epidemic, of which 6,363 are currently active (not including recovering and dying). The death toll rose to one in 318 people, the number of patients in severe condition decreased by two to 39, of which 22 were respiratory. The condition of 60 of the active patients is moderately defined. Yesterday there was another drop in the number of tests and 8,572 -...

Clal Holdings announced to the stock exchange on Sunday evening the purchase of the MAX credit card company from the controlling owner, the Warburg Pincus Fund, for NIS 2.47 billion. The parties have already signed the memorandum of understanding in preparation for due diligence, and in the end they are expected to sign the agreement. To the extent that the transaction is completed, Warburg Pincus will exit Max three years after acquiring control of it at a value of NIS 2.5 billion from Bank Leumi as part of the adoption of the recommendations of the Strum Committee, which stipulated that...

The Bank of Israel announced Sunday a number of measures that ostensibly signal an increase in credit risks in the real estate market. The possible significance of this step could be the rise in interest rates that banks will charge on loans to purchase high-leveraged land. The Supervisor of Banks, Yair Avidan, said that "in light of the increase in risk appetite and the banking system's exposure to the construction and real estate industry, we have recently instructed the banks to hold appropriate discussions on the matter with their boards of directors and management

Medtronic acquires the Israeli start-up Nutrimano, which analyzes information and creates nutrition analyzes. The Israeli start-up has raised $ 10 million to date. In a statement issued by Medtronic, the value of the agreement was not disclosed, but the market estimates that the deal is worth $ 100 million. VETRINO has developed tools for the collection, processing and analysis of nutrition data, suitable for both end users and organizations. The company collects information about users from a variety of sources, such as home computing and various medical sensors (such as glucose...

Also on Saturday evening, riots and violent riots continue in Arab localities and mixed cities in the country, against the background of Operation in Gaza. The riots began at the end of Shabbat, and the police announced a curfew in Lod, which they mark as the main boiling point, starting at 19:00. To this end, and at the request of the Israel Police, Defense Minister Bnei Gantz extended the validity of the declaration of a "civil emergency" in Lod by an additional 48 hours. He toured the city and gave Police Commissioner Kobi Shabtai a declaration extending the validity of the civil...

The Dor Alon Group, which owns the AM: PM and Alonit mini-markets, has launched a new supermarket chain called Extra Market in the TLV mall in Tel Aviv. The chain places emphasis on pastries, meat and fresh fish, and this is an urban chain, but the group insists that the prices are fair. "We are not an expensive chain. This is not the concept, this is not the goal," the group's CEO Oded Golan told Ynet. "We have 12,000 numbers. We are not open 24/7 like AM: PM, and we are cheaper in my opinion than Shufersal Deal, and certainly good taste and mega in the city. "By the end of the year we...

Fighting between Israeli forces and Hamas has resumed after nearly two months of ceasefire, with the Israeli government launching extensive airstrikes against Hamas targets in the Gaza Strip. The Prime Minister’s Office confirmed that Prime Minister Benjamin Netanyahu and Defense Minister Yisrael Katz had instructed the Israeli Defense Forces (IDF) to take forceful action against the Hamas terrorist organization. The decision comes after Hamas refused to release hostages and rejected offers from U.S. President’s envoy, Steve Witkoff, and other mediators

Israel's revenues from natural gas royalties witnessed a substantial surge during the first half of 2023, reaching over NIS 1 billion. This marks a remarkable 23% increase compared to the same period in the previous year. reports the Natural Resources Administration at the Ministry of Energy. A significant contributor to this impressive growth was the initiation of natural gas production from the Harish reservoir in October 2022. This addition not only led to a boost in gas production volumes by approximately 13%, with 12.32 billion cubic meters (BCM) produced in the first half of 2023...

Encouraging data on the acceleration in the pace of apartment construction. Data from the Central Bureau of Statistics published today (Monday) show that the first quarter of 2022 was a record quarter in the rate of construction starts. The number of dwellings that began to be built in the quarter was 19,943 - an increase of 3% compared to the previous quarter and a jump of 40% compared to the corresponding quarter last year. This is the second consecutive quarter in which apartments are being built at a rate approaching 80,000 apartments per year, a record of 20 years