Articles

Coalition Chairman Idit Silman has decided to resign from the coalition. The cracks were heard in the coalition for a long time. The dispute between Silman and Nitzan Horowitz over the chametz conference for hospitals. After the bomb was dropped on Wednesday by the leader of the retiring coalition, Idit Silman, the political system has three options. The first is to go to the polls - a move that is estimated to be preferred by opposition leader Benjamin Netanyahu and the Likud. Elections will be possible if Silman is followed by another retiree from the right, who will allow her and...

The Israeli cyber company Tufin has announced that it will be sold to Turn / River Capital - an investment company that focuses on investments in software companies - at a value of $ 570 million, which is about 60% higher than the company's current value. Shares of Tuffin soared 40% in early trading on Wall Street, to $ 12.8. Tufin shareholders will receive $ 13 in cash per share, a 44% premium to the company’s share price last night at the close of trading on Wall Street. According to the agreement, in the coming month, until May 5, there will be a period of "go-shop" - that is, Tufin...

Ithaca, a subsidiary of Delek, acquires Sugar Point, a company that owns oil and gas assets in the North Sea - for $ 1.1 billion. Sikar Point holds 11 licenses, including two large producer reservoirs in the North Sea, as well as two undeveloped UK fields. The deal is expected to increase Ithaca's daily production capacity by 9,500-8,000 barrels, and put Ithaca's daily production at the range of 85,000-75,000 barrels per day. Siker Point holds 11 licenses, including two of the largest producer reservoirs in the North Sea, alongside the two fields that have not yet been developed and Kambo...

Two people were killed on Thursday evening and another 14 were injured in a shooting attack at a bar on Dizengoff Street in Tel Aviv. The condition of six of the wounded is severely defined. The defense establishment estimates that the attack was carried out by one terrorist. He fled the scene and large forces are searching for him with the help of helicopters. The attack took place in an entertainment area where there are many bars, restaurants, cafes and shops crowded with crowds hanging out on Thursday evenings. Hundreds of policemen, fighters and special forces personnel pass through...

After quite a few rejections, the Israeli astronaut Eitan Steva was sent into space tonight (Friday) together with three other astronauts from the space base at Cape Canaveral in Florida. Tomorrow, the four are expected to arrive at the International Space Station on a 200-hour mission. A few minutes before the launch, Steve said in Hebrew: "A few days before we celebrate Independence Day, we take off. Good luck AX-1, good luck 'Sky'." A SpaceX broadcast said that the first stages of the launch were successfully completed, including the separation of the first stage launcher from its...

The deficit figures published by the Accountant General of the Ministry of Finance, Yahli Rotenberg, reveal that the budget deficit in relation to GDP in Israel is only 1.4% - the lowest since 2008, when Prime Minister Ehud Olmert was still and Finance Minister Roni Brown was. In March, a total budget surplus of NIS 700 million was measured, making March the third month in a row that a budget surplus was measured - a situation that has not been remembered for years. The total budget surplus in the budget already reaches NIS 23.4 billion in the first quarter of the year. The huge decline in...

Clal Holdings announced to the stock exchange on Sunday evening the purchase of the MAX credit card company from the controlling owner, the Warburg Pincus Fund, for NIS 2.47 billion. The parties have already signed the memorandum of understanding in preparation for due diligence, and in the end they are expected to sign the agreement. To the extent that the transaction is completed, Warburg Pincus will exit Max three years after acquiring control of it at a value of NIS 2.5 billion from Bank Leumi as part of the adoption of the recommendations of the Strum Committee, which stipulated that...

The Bank of Israel, headed by the Governor, Prof. Amir Yaron, announced today (Monday) an increase in the basic interest rate in the economy from 0.1% to 0.35%. In doing so, the predictions were confirmed that the Monetary Committee is expected to raise interest rates for the first time in three and a half years. Some experts even thought that the bank might raise the interest rate to 0.5% at once, but this forecast did not materialize. Following the increase in the basic interest rate, the prime interest rate will also rise this coming Thursday, after the banks are preparing for a change,...

The Bank of Israel, headed by the Governor, Prof. Amir Yaron, announced today (Monday) an increase in the basic interest rate in the economy from 0.1% to 0.35%. In doing so, the predictions were confirmed that the Monetary Committee is expected to raise interest rates for the first time in three and a half years. Some experts even thought that the bank might raise the interest rate to 0.5% at once, but this forecast did not materialize. Following the increase in the basic interest rate, the prime interest rate will also rise this coming Thursday, after the banks are preparing for a change,...

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...