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Category: Government
The government is scheduled to discuss today and decide on a reform in the technological education system. According to the proposal, the prerequisites for acceptance, the number of hours of training and the number of examinations in technological education under the responsibility of the Ministry of Labor and Social Affairs will be significantly reduced. The model submitted for Cabinet approval was not discussed at all with the Ministry of Education and the Council of Technicians and Practical Engineers. There was no consultation with representatives of the industry, which is supposed to...
Feb 9, 2019
Category: Financial
The FIMI Fund acquired the TEVADAPTOR business unit, which manufactures medical equipment at the Magda plant in Kiryat Shemona, from Teva for $ 47.5 million. Former CEO of Frutarom, Ori Yehudai, will be appointed Chairman of Migda. TEVADAPTOR was founded in 2005 and has about 200 employees. The plant in Kiryat Shmona deals with the manufacture of medical devices designed to protect the medical staff from exposure to hazardous substances while preparing medicines and treating patients. The company's products are marketed to over 20 countries worldwide. The FIMI Foundation notes that...
Feb 10, 2019
Category: Government
The Ministry of Economy's flagship program for promoting women in business and industry is underway. Over the past year, the Ministry of Economy and Industry has worked to formulate a multi-dimensional program to promote women's entrepreneurship. As part of the program, the Ministry of Economy and Industry offers a series of benefits for women under four central bodies in the ministry. - The Investment Authority will grant preference to women-controlled businesses in the framework of grants under the Encouragement of Capital Investments Law, in the total amount of NIS 15 million per year....
Feb 10, 2019
Category: Government
The IMTM - International Mediterranean Tourism Market (IMTM) 2019 International Tourism Exhibition opened for the 25th time at booth 2 at the EXPO in Tel Aviv and continues throughout the day. This year, a record number of exhibitors, over 50 countries and 20 tourism ministers from around the world attended the exhibition. "The largest tourism exhibition in the Middle East being held for the 25th time in Israel is an excellent way to celebrate the peak year of incoming tourism to Israel," said Tourism Minister Yariv Levin. "This year, historic records were broken - more than 4.1 million...
Feb 12, 2019
Category: Hitech
Symantec announced the acquisition of Luminate Security, an Israeli start-up that develops a platform for secure access to enterprise applications in a single-value connection. According to estimates, the scope of the transaction is more than 200 million USD. Lumenate was founded by experienced entrepreneurs. The company's CEO, Ofer Samadry and, Leonid Belkind and Eldad Livni former Check Point's employees. until recently the Israeli company raised $ 14 million. Luminate has 40 employees in Israel and in the UD
Feb 12, 2019
Category: Government
Gross domestic product (GDP), at constant prices and after seasonal adjustment, rose by an annualized 2.2% in the second half of 2018, according to the first estimate released by the Central Bureau of Statistics on Sunday, following a 3.4% In the first half of the year and an increase of 4.3% in the second half of 2017. The decline in growth is explained by the stagnation in exports of goods and services, the decline in investments and the slowdown in expenditure on private consumption, and mainly in the purchase of vehicles
Feb 17, 2019
Category: Hitech
A research group from the School of Engineering and Computer Science at the Hebrew University, under the direction of Prof. Amnon Shashua, has succeeded in proving mathematically that methods leading the field of artificial intelligence can help to understand phenomena in quantum physics, "This is an exceptional event in which the leading scientific journal in physics publishes the work of researchers from another field - computer science, and we are at a turning point in which computing power and methods Modern artificial intelligence, allow cross-domain contribution, and for example will...
Feb 23, 2019
Category: Communication
A historic achievement for Israel at the Oscars: Israeli director Guy Nativ won the Academy Award in the Short Feature Film category for his film "Skin". "Good night Israel," Nativ said in a winning speech. "My grandparents are Holocaust survivors, and the intolerance that they suffered from can be seen today in the United States and Europe, and this film is about education and about teaching your children a better way." Nativ is the first Israeli director to win an Oscar since 1978, when director Moshe Mizrahi won his French film "All Life Before Him." Screenwriter Sharon Maimon, who was...
Feb 25, 2019
Category: Hitech
In Breslona, the third day of the MWC cellular exhibition takes place. The Israel Export Institute said that the Israeli pavilion is a pilgrimage site. One hundred and twenty Israeli companies are participating in the exhibition this year, sixty-five of them in the Israeli pavilion. The exposure of Israeli technologies is arousing great curiosity among visitors. So far, more than two thousand business meetings have been held with representatives of the giant companies Samsung, Google, Mercedes, Volvo, Toyota Varizon and many others
Feb 27, 2019
Category: Banking
The International Bank has signed a cooperation agreement for the issuance of credit cards with Leumi Card and will offer the cards under all of the Group's brands: the International Bank, Otsar Hahayal, Massad, Ubank and Pagi, in addition to the existing credit cards of Isracard and CAL. Upon completion of the transaction, the Bank will comply with the requirements of the law, and no additional credit company will be required, since it already works with CAL and Isracard, and will actually work with all existing credit companies in the market
Mar 2, 2019