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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 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...

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...

The Israeli chip company Banias Labs of Mahod Hasharon, founded by the entrepreneur and investor Avigdor Vilanz, was sold to the Canadian company Alpha wave for $240 million in cash, according to an announcement published today on behalf of the companies

El Al Airlines has released its financial results for the second quarter of 2024, showcasing an outstanding performance that aligns with earlier projections and underscores the airline's robust recovery and growth trajectory. The company reported revenues of approximately $839 million, marking a significant 33% increase from the $630 million recorded in the same quarter last year. This surge in revenue is attributed to a $29 million boost in cargo operations and strong passenger demand

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...

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

About 1,500 people came to demonstrate Saturday night near the prime minister's residence in Jerusalem, on the evening of the last Saturday before the expected inauguration of the new government. The demonstrators came to the weekly demonstration in Paris Square as part of a protest against Netanyahu. The designated prime minister, Naftali Bennett, said in a press release: "This is not the time for demonstrations and provocations. I call for Netanyahu and his family to be treated with respect." In another demonstration held by the organization of black flags at the Nahariya junction, a man...