Articles

The Automated Bank Services Company has released its data on credit card expenses for the month of July, revealing a remarkable surge of approximately 6.2% compared to the same period last year. With credit card spending reaching an impressive NIS 41.17 billion, July has claimed its spot as the second-highest month of the year for credit card expenditure

The Central Bureau of Statistics in Israel has released a comprehensive report on the housing landscape in the country over the past ten years, shedding light on ownership, rental, and sheltered housing segments. The data was sourced from the register of apartments and buildings, using property tax data provided by local authorities

The "White Doctor's Coats" protest, which brings together workers in the health system who oppose the regime coup and includes thousands of doctors, announced that if the government does not comply with the High Court ruling, its members will not report to work in the hospitals. "We declare that in a situation of the constitutional crisis, we will not be forced to report to work until the government returns to respecting the rulings of the Supreme Court," they wrote in a statement

The American company Rubrik announced the purchase of the Israeli cyber startup Laminar. The amount of the purchase is estimated at 200-250 million dollars. According to the announcement, Laminar will continue to operate from its offices in Tel Aviv and will form the basis for Rubric's R&D center in Israel

Bezeq Group, a leading telecommunications company in Israel, has announced its financial results for the second quarter of 2023, showcasing impressive growth in revenues and achieving its highest adjusted net profit since 2017. The company's robust performance has led to positive market sentiment, with its shares rising by 1.8% at the opening of trading on Wednesday

In the wake of the contentious decision by the Strauss company to halt its advertising on Channel 14, a storm of controversy has erupted, leading to a boycott backed by right-wing factions. Recent developments have taken a disturbing turn, with reports emerging that threats against the company's chairwoman, Ofra Strauss, have prompted the deployment of security personnel for her protection. This alarming situation has been brought to light by N12

Israel Chemicals Ltd (ICL), now known as ACL, has witnessed a tumultuous second quarter in 2023, grappling with plunging profits and a sharp decline in product prices. However, recent indicators of price stabilization and increased demand suggest a potential turnaround for the fertilizer and minerals producer. Since the commencement of the third quarter, ACL's stock has surged by 16%, hinting at a potential upswing in the company's financial results for Q3. This comes as a relief after the company faced a severe blow in Q2, when a precipitous fall in fertilizer prices and reduced...

Israel's flagship airline, El Al, is celebrating its 20th anniversary since its listing on the stock exchange by unveiling remarkable financial performance in the second quarter of 2023. The company's published reports reveal a substantial surge in profits and a strategic business roadmap geared towards fleet expansion and upgrading narrow-body aircraft

In a strategic move to bolster its cybersecurity offerings, global cybersecurity leader Check Point has announced the acquisition of Israel-based Perimeter 81 for $490 million. This acquisition marks the second-largest in Check Point's history and comes as a significant milestone for both companies. Perimeter 81, founded in 2018 by CEO Amit Barkat and Saghi Gidli, has rapidly established itself as a pioneer in providing advanced cyber protection for remote employees. With its innovative cloud-adapted technology, the company has carved a niche in safeguarding remote connections across...

Allenby Street, one of the bustling thoroughfares in Tel Aviv, has been shut down to vehicular traffic for an anticipated four and a half years, commencing this Friday morning. The closure is a pivotal step in the ongoing development of the purple line of the city's light rail system, with the long-term vision of transforming this segment into a pedestrian-friendly zone. However, the move has sparked frustration and apprehension among local residents and business owners who are apprehensive about the potential impact on their livelihoods