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The record for taking out mortgages by the public of apartment and house buyers in Israel was broken, just before the interest rate was raised: The volume of new mortgages taken by the public in March amounted to NIS 13.42 billion, about NIS 1 billion more than the previous record in December last year. This was reported by the Bank of Israel. This is an increase of 19.7% compared to the previous month and an increase of 55.7% compared to the corresponding period last year. In total, housing loans totaling 34.6 billion were taken out in the first quarter of the year, and 137 billion in the...

The fourth lottery of the "discounted apartment" program is underway: the Ministry of Construction and Housing and the Israel Lands Authority (RMI) announced that another lottery, which includes about 7,000 discounted housing units throughout the country, will open at the end of the year (Wednesday, 12.28.22) and will be closed About a week and a half later, with the beginning of the new civil year (Sunday, January 8, 23). So far this year, about 21 thousand households have won the lotteries held as part of the program, which was promoted by the outgoing Minister of Construction and Housing...

State Comptroller Netanyahu Engelman published a special report with many significant shortcomings in the treatment of the corona epidemic in the first, second and part of the third wave. Together with the then replacement prime minister, Bnei Gantz. The Comptroller referred to the fact that the lack of a state budget harmed the government's budgetary conduct in times of crisis, to harm students following prolonged distance learning through zoom, and also to the fact that no solution was found to the issue of contagion by returning to Israel via Ben Gurion Airport. Persistent and raised...

According to data from the Chief Economist at the Ministry of Finance, Shira Greenberg, in January-March this year, about 31,000 apartments were purchased in the free market - the highest level since the record set in the second quarter of 2015, which overshadowed investors' pre-acquisition purchases. This is a 39% increase compared to the first quarter last year, which was partly overshadowed by the outbreak of the corona plague. Compared to the corresponding quarter in 2019, this is an increase of 29%. Compared to the last quarter of 2020, this is a more moderate increase of 8%. This...

The average wage in public bodies increased slightly in 2020 compared to the increase in the average wage in the economy, but still senior officials in several public bodies earned tens of thousands of shekels a month each - much more than the average wage. Women fill only about 30% of the positions of high-ranking officials and wage earners. This is compared to 27% in the years 2015 to 2019. Gender pay gaps decreased by 0.7% in the five years to 2020 and by only 0.1% in 2020 and stood at 35% in favor of men's wages. Excluding officials and high-wage earners, the gender pay gap was 22%.

The CEO of the public broadcasting corporation "Kan", Eldad Koblenz, is leaving his position after seven years. He will be temporarily replaced by the corporation's vice president of television, Tal Freifeld. Koblenz was due to end his term in March 2023 but was forced to resign after a dismissal order was issued by the corporation council last month. Koblenz petitioned the Labor Court for a restraining order against his dismissal, but the president of the Jerusalem Regional Labor Court, Justice Eyal Avrahami, ruled on Thursday that the hearing procedure for Koblenz was lawful. The...

Israel Aerospace Industry officially opened its new Ofak factory for electronic production in Ofakim, following an investment of NIS 50 million. This inauguration comes just seven months after the company's Board of Directors approved the proposal by Chairman Amir Peretz

lPrime Minister Benjamin Netanyahu’s defense attorneys have requested a 10-week delay in his testimony for his ongoing corruption trial, pushing his appearance on the witness stand to February 2025. The request, filed late Monday, comes in response to a series of extraordinary events that the defense argues have hindered Netanyahu’s preparation for the trial

The Israeli gaming company Beach Bum is being sold for half a billion dollars to the French hyper-casual gaming company VOODOO, Calcalist has learned. In the first phase, shareholders will receive $ 300 million, and later an additional $ 200 million subject to meeting targets. The company employs 150 people in its offices in Raanana. Beach Bum, whose mobile games are based on popular board games like backgammon that have adapted to the digital world, has barely raised outside capital since its inception in 2015. In the first round, held in 2016, it raised only $ 3 million, and has not...