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The Ministry of Transport has started operating a dedicated travel lane for private cars that travel more than one passenger. The project was announced three weeks ago under the name "Path Plus", under which Route 2 was specially trained for a 22-kilometer route, between the Netanya interchange and the Galilee interchange, in both directions, where public transport and vehicles with at least two passengers (driver and passenger) will be allowed. At the same time, on Route 20, a special route for public transport and private vehicles with at least three passengers (driver and two passengers)...

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

Israeli exports are expected to break a record this year and cross a threshold of 160 billion dollars - according to a forecast published by the Ministry of Economy. If the forecasts come true, the rate of increase in exports will be higher than 10% compared to 2021, which also recorded a record in Israeli exports. The Ministry of Economy says that the forecast for Israeli exports of $160 billion is conservative and that if the rate of growth in exports in the fourth quarter of this year is similar to the growth in exports in the first three quarters of 2022, it is possible that the volume...

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 cost of the elections to the 25th Knesset, which was announced yesterday (Monday), is estimated at NIS 2.7 billion. It consists of the cost of the Sabbath, which stands at about NIS 1.5 billion, and an estimated cost of the Central Election Commission budget that will be NIS 1-0.8 billion (compared to about NIS 700 million in the elections to the 24th Knesset) and party funding that will stand at about NIS 200 million. . For comparison, the total cost of the previous elections was NIS 2.4 billion

The government has approved the establishment of a state commission of inquiry to look into the events that led to the Meron disaster. 52 days after 45 people lost their lives and hundreds more were injured to varying degrees, a committee will be set up headed by a judge that will include four other members besides him. The state will allocate NIS 6 million to the administration of the courts on a one-time basis, as well as 5 temporary manpower standards that will be used for the committee's expenses. The resolution approved at noon (Sunday) states that "the committee will investigate the...

Bank of Israel Governor Amir Yaron and Bank Supervisor Yair Avidan granted a bank license and permits to control the bank - which will be called Ash Israel Bank. Bank entrepreneurs Yuval Aloni, Nir Tsuk, Alex Liberant and Alon Shay received the permit. Prof. Shmuel Hauser, former head of the Israel Securities Authority, will serve as chairman of the bank. This is the second license given to a new bank in the system within a period of three years. The receipt of the control permits and the conditional bank license will allow the entrepreneurs to move forward and complete the mechanical,...

The total number of mortgages taken out in June 2022 was 11.88. In 2021, the total volume of mortgages crossed the 100 billion mark for the first time and stood at NIS 116.09 billion, with a monthly average of NIS 9.674 billion. This is compared to a total of NIS 78,108 billion in 2020 (a jump of almost 50%). The total mortgages granted so far in 2022 stand at about NIS 60 billion. In 2021, the total volume of mortgages crossed the 100 billion mark for the first time and stood at NIS 116.09 billion, with a monthly average of NIS 9.674 billion. This is compared to a total of NIS 78,108...

Data released by the Central Bureau of Statistics (CBS) reveals a robust performance in Israel's real estate sector, with April witnessing a notable surge in apartment sales despite a seasonal slowdown attributed to the Passover holiday. While the month recorded 6,892 apartment sales, marking a 13% decline from March figures, analysts assert that when adjusted for seasonal effects, April actually witnessed a 3.7% increase in sales compared to the previous month. Market Adaptation to New Interest Rates Spurs Growth A stark contrast is drawn to April 2023, where only 3,863 apartments...

Next Friday, July 21, Ness Ziona will join the public transportation service on Friday evenings and Saturdays "Na'im on the weekend" - thus becoming the tenth city to participate. According to data provided by the transportation enterprises on Shabbat and municipalities that operate transportation services on weekends, more than 45 thousand residents Local authorities in the central region only use transportation on Shabbat free of charge every weekend