Articles

Black Friday sales worldwide will increase by 95 percent compared to last year. But the Israelis were definitely in the sales game and big. The Israeli retail chains, which feared the competition from abroad, launched significant Black Friday promotions and Israeli consumers reacted, creating a considerable burden on the credit system, causing a significant slowdown in the system for some time. On the infrastructure of the Central Payment System of the ISA, automatic banking services. This is a company that manages the infrastructure of the only payment system in the area of ​​debit cards...

The Jerusalem District Court acceded to the request of Co-Op Israel and issued a temporary stay of proceedings order until the hearing scheduled for Wednesday morning. The company asked the court for a temporary stay of proceedings due to liquidity problems. The company claims that Co-Op has a significant surplus of assets over liabilities and that it should implement an efficiency plan already in progress and halted following the cash flow. According to estimates, the chain's liabilities are estimated at NIS 100 million. At the same time, the Histadrut decided to declare a labor dispute...

Jerusalem continues to deteriorate in the socio-economic index: the capital fell within a decade from the fourth cluster to the second cluster. It is located in the 50th place of the end and falls to the lowest quintile of local authorities in Israel, according to the Central Bureau of Statistics (CBS). All 11 municipalities that were in the lower cluster of the socio-economic index in 2013 remained there. All ten municipalities located in the two upper clusters also remained there. Only two authorities are located in the tenth cluster by the way, first Savyon, followed by Kfar Shmaryahu

Elta Systems Israel Aircraft Industries sold the drone guard radar system designed to locate, identify and disrupt UAVs and drills to Argentina. The system has been sold in hundreds of units around the world and includes a variety of sensors - a radar for identifying flying objects, a dedicated komint system that detects the hover according to the transmission frequency and its unique protocol identification (the information is used to verify the target and reduce false alerts) and a camera for final identification of the object in the sky

the Annual International Congress for Innovation in Cardiology opened for the 23rd time. At the opening event, focused on innovation in medical equipment and digital health, Mr. Elliot Meschik from Amazon and Mr. David Ben Schimol from Google, took part in intriguing lectures that exposed future medicine, as managed by the giants – Google and Amazon. A number of other companies presented various fields of breakthroughs in the world of digital health. During the upcoming days of the conference, senior executives of Medtronic International, will take part, after landing in Israel to attend...

Minister of Economy and Industry Eli Cohen met with British Trade Minister Dr. Liam Fox, which was held as a direct continuation of efforts by Israel and Britain to regulate bilateral trade relations between the two countries, in view of Britain's exit from the European Union. Britain is Israel's largest trading partner in Europe and the third in the world. The volume of trade between the two countries reached $ 10 billion in 2017, more than half of which was Israeli exports to Britain. In the first three quarters of 2018, Britain continued to be the first European export destination in...

Salesforce, the world leader in CRM and cloud services, has revealed data on the acquisition of millions of global users in more than 30 countries worldwide through transaction data generated from its trading cloud, billions of transactions through its marketing cloud and millions of consumer complaints received In its cloud service. The information has been enhanced with Salesforce's first research on consumer habits and consumer behavior (Shopper-First Retail) this year. This year, more than any other year and more than any other device israeli consumers turned to purchases through the...

Alpha Omega, a company that develops, manufactures and markets medical equipment that helps brain surgeons navigate the central nervous system, has established a joint venture in China with the GIBF Foundation. The Chinese company was established in Guangzhou with an investment of about seven million dollars

One of the major challenges facing the industry is the need to be economic and competitive and to meet environmental requirements. For this purpose, the Ministry of Environmental Protection, the Ministry of Economy and Industry and the Ministry of Finance, through the Industrial Administration, are publishing a tender for the establishment of a center for resource efficiency, amounting to NIS 51 million for five years. Over the past decade, Israeli industry has invested billions of shekels annually in investments to meet environmental regulatory requirements. Most of these investments...

The Innovation Authority awarded more than NIS 65 million as part of a special program for ventures from Arab society. In the past five years there has been a 50% increase in the percentage of Arab students studying Computer Science and Engineering The Director General of the Innovation Authority spoke this morning at the High-Tech Conference of the Arab Society held in Nazareth, at the initiative of the Ministry of Social Equality and the US Embassy. "We believe in the tremendous potential existing in Arab society for integrating into the high-tech industry, both as employees and as...