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Dexia Israel Bank, which operated in recent months without a core controlling interest, becomes part of Israel Discount Bank. The two banks signed a deal according to which Discount will purchase 100% of the shares of Dexia for NIS 670 million in cash, almost identical to the shareholders' equity of the bank

Finance Minister Moshe Kahlon and the head of the Federal Finance Division (FDF), Swiss Confederation Minister of Finance, Mr. Oli Morer, met in Jerusalem to discuss various financial and fiscal issues of mutual interest. The ministers met after a second round of economic dialogue in Switzerland, in which the parties identified areas of mutual interest and undertook commitments to deepen cooperation on a number of issues, including access to the market and the industry

Very good air quality was recorded on Yom Kippur in most monitoring stations of the national air monitoring system, which is supervised by the Ministry of Environmental Protection. With the advent of the holiday, concentrations of nitrogen oxides - a marker of air pollution from vehicles - drastically decreased in the transportation stations in Haifa, Gush Dan and Jerusalem. The concentrations of nitrogen oxides on Yom Kippur in the transportation stations in the large cities were between 1.0 and 12.0 parts per billion

Against the background of the difficulty experienced by the fashion industry in the past year, the Ministry of Economy has formulated steps that will help companies compete and break into new markets. The steps are based on existing plans at the Ministry and in accordance with the manufacturers of the industry

Medtronic is acquiring full ownership of Israeli company Mazor Robotics in a $ 1.6 billion deal, the two companies announced overnight. The deal gives Robotics a value of $ 1.6 billion, and after deducting the shares it has acquired from Medtronic in Mazor to date, it will pay $ 1.34 billion. Mazor Robotics Israel, managed by Uri Hadomi, was founded in 2001 and develops robotic guidance systems for spine surgery. The company has more than 200 different systems, and holds more than 50 patents worldwide.

On Friday, the Tel Aviv District Court approved the continuation of the construction work of the light rail system in Bnei Brak on shabat, one of the holiest days in Jewish calender. The court decided that the work was necessary and that the lack of it could endanger lives. On Friday evening, tens of thousands of ultra orthodox trligious residents of Bnei Brak held a mass prayer to protest. Police say several demonstrators tried to break into the light rail construcyion site but were stopped by police

The Japanese automaker, Mitsubishi is investing for the first time in an Israeli company, the Israeli company Softtwheel, which developed a wheel that combines shock absorbers. The development enables weight saving, reduced energy consumption, improved travel comfort and is adapted to the era of electric vehicles

The Waze navigation application announced a new collaboration with Apple technology giant and will be implemented in Apple CarPlay, as part of its mission to reduce traffic congestion and create a safer driving experience. Connecting your iPhone to a car with a USB cable or wireless network will allow users traveling in cars based on CarPlay's multimedia system to download the Waze app, navigate to favorite destinations, select preferred routes, and report the state of the roads effortlessly