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In a secret election, the Knesset elected opposition representative MK Karin Elharar (Yesh Atid) as a member of the committee for selecting judges. The plenary rejected the candidacy of MK Tali Gottlieb (Likud). Since Gottlieb was the only candidate of the coalition, she was left without a representative in the committee, which means that in 30 days the Knesset will convene again to elect a representative of the coalition

Marking the prices on stickers on products, which the marketing chains were required to do about 25 years ago, is one of their most hated obligations. Again and again, the networks tried to cancel the obligation, which they claim imposes heavy costs on them, and does not exist in any country except Israel. Now, it seems that the pressure of the networks is going to bear fruit. Next week, a memorandum of law (a draft of a government bill) will be published for public comment that will propose to cancel the labeling on the stickers, provided that the price appears on the shelf, next to the...

Egged announced that it won the public transportation cluster in the area surrounding West Jerusalem. The shares of the Keystone Fund, the controlling shareholder of Aged (60%), rose by 1.2% with the publication of the announcement on the Tel Aviv Stock Exchange. Egged won the Eshkol to operate intercity bus lines between Bnei Brak and Jerusalem, Rosh Ha'Ein to Jerusalem, Petah Tikva to Jerusalem and urban and suburban lines in the western outskirts of Jerusalem (Mebasheret Zion and Givat Ze'ev). The company estimates that the revenues resulting from the operation of the cluster will reach...

The Israeli Viola Group, which invests in about 150 startups, is launching a center in Abu Dhabi that will employ development workers for technology companies from around the world. This is an unusual step for Viola, whose main activity is the company's venture capital funds. The project is a collaboration of the group together with two local entities: ADIO, the Emirati Ministry of Investment, and G42, a technology company from Abu Dhabi, which deals in artificial intelligence and cloud computing. Both entities already employ hundreds of technological workers in the region, and they are...

"The ongoing uncertainty surrounding the legal reform constitutes a significant negative risk to Israel's economy." This is what the report of the International Monetary Fund claims. According to the organization's economists, in the case of a pessimistic scenario surrounding the reform, growth per capita is expected to be reduced to only 1.5%-1.6% in the next two years (2023-2024), which reflects negative economic growth per capita (the natural increase in Israel stands at 2%). According to the report, "Protests and social conflicts have accompanied the economic uncertainty, which, if it...

The Ministry of Finance announced that agreements in principle had been received for Intel to build a new factory in Kiryat Gat with an investment of 25 billion dollars. According to the ministry's statement, Intel "is expected to hire thousands of additional workers in Kiryat Gat. It was agreed to significantly increase the tax rate that the company will pay to the state from 5% today to 7.5%. As part of its commitments, Intel is expected to finish the investment and start the plant's operations by 2027 and continue to operate it until at least 2035." Intel will receive a grant of 3...

The fares for travel in public transportation - buses and trains, are expected to become more expensive in July by about 12%, this is due to the increase in the input basket index of public transportation. Although the travel rates were always linked to the index and the increase was expected, the Ministry of Transport did not act to prevent it until now and even blame the previous government

The department in charge of wages at the Ministry of Finance contacted all government bodies, clarifying that workers in public workplaces who do not join the framework agreement will be forced to return in August the NIS 6,000 salary increase they received in March. The measure is intended to put pressure on workers' committees to sign the framework agreement with the state, although its final text has not yet been fully agreed upon and is not known. The framework agreement for the wages of public sector workers, established at the beginning of March, established a gradual wage increase...

Data published on Monday by the Central Bureau of Statistics reveal that the basic unemployment rate rose slightly in May to 3.5%, after it was 3.1% in April, 3.3% in March, 3.7% in February, 4.1% in January and 4.3% in December. Before seasonally adjusted data that neutralizes irregular jumps and external events, the unemployment rate remains at 3.6%, and in any case, it is a relatively low unemployment rate both in Israel's past and in the world today

The scope of the use of digital wallets and smart watches reached a peak of NIS 3.2 billion in May: 2.7 times compared to its scope in May 2022, according to SBA data, which develops and manages the national credit card payment system in Israel. Two years ago, in May 2021, Apple Pay entered Israel and was the first international company operating in the field. In the months before that, a number of local digital wallets were operating, but the scope of use was only tens of millions, and when Apple Pay was introduced, the scope of use was only 150 million shekels