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The new Minister of Transportation, Miri Regev, met earlier today (Sunday) with senior officials of the Ministry of Transportation and Israel Railways to discuss work on the railroads on Saturday. Regev said that on Shabbat only work related to supervision will be carried out, and asked to present additional solutions to reduce work on the track on Shabbat. Last night, those around the minister also claimed that despite the request of the minister of housing and Torah Judaism chairman Yitzhak Goldknopf to stop the works on Shabbat, they will continue.

The average mortgage taken by Israelis from the banks in May set a new record - NIS 879,000. This is compared to an average mortgage of NIS 866,000 in April and NIS 797,000 in May 2020. In the last five years, the average mortgage has risen by 30%, while the price of an average apartment has risen by only 15%, according to the Central Bureau of Statistics. Data from the Bank of Israel published today (Wednesday) join the report of a record total of mortgages in May, which stood at NIS 9.5 billion. The number of loans for the purchase of an apartment amounted to 10,773 loans in May,...

The housing market is turbulent: According to the Central Bureau of Statistics (CBS), in the 12 months of September 2020 to August 2021: 49,000 new apartments were purchased, a 32% jump compared to the previous 12 months September 2019 - August 2020. In that period 37,000 appartments were purchased. In the 12 months that passed until September 2021, construction also began on 13,000 apartments that are not for sale (for example, by purchasing groups and projects of your home)

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...

A day after it was revealed that it would lay off about 100 of its employees (about 2% of the workforce), Wix Company reports slightly higher revenues than expected in its reports for the second quarter of the year. The company, which developed a system for building websites, shows revenues of $345.2 million - a growth of About 9% compared to the corresponding quarter last year. Market analysts expected revenues of $344.39 million and the company itself predicted revenues of $342-346 million. Excluding exchange rate differences, revenues in the last quarter grew by 11% to the level of 349...

In a surprising turn during a recent Supreme Court hearing, judges delivered strong criticisms against the Tel Aviv municipality and residents opposing gender-segregated prayer in public spaces. The judges’ unusual intensity left representatives of the city and their supporters taken aback

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...

A survey published by the Central Bureau of Statistics (CBS) regarding demand for new dwellings shows that despite the holidays, in September this year 4,727 new dwellings were sold to the general public - a 45% jump compared to September 2020, when 3,258 new dwellings were sold; compared to the previous month (August 2021 ) Where 3,902 new apartments were sold, an increase of 21%. On an annual basis (last 12 months - October 2020-September 2021), this is a 34% increase in the sale of new dwellings, after 51,454 new dwellings were sold in the past year, compared with 38,401 new dwellings...

The volume of mortgage performance soared in May to a peak of NIS 9.473 billion. This emerges from data published by the Bank of Israel. In May, there was a 14% increase compared to the amount of mortgages marketed by the banks in April, and an increase of 82% compared to May 2020 - which was affected by the corona closures. The increase in the amount of mortgages reflects the increase in the marketing of apartments, the prices of apartments and the upward trend in the rates of leverage and risk that buyers take on in the effort to purchase apartments