Articles

The year 2020 is opening up in the mortgage market: According to data published by the Bank of Israel, new residential mortgages in January totaled NIS 6.1 billion. This is an increase of 16.5% compared to January last year (NIS 5.2 billion). It is also up more than 6% in January compared to each of the past few months (except December, which was an all-time high). The data shows that the increase in mortgage recycling continues. Last January, the volume of recyclables stood at NIS 465 million, more than double that of January 2019. The figures also show that NIS 723 million was borrowed...

The Innovation Authority's Human Capital Report and Start-Up Nation Central show an alarming picture of the state of employment. The number of high-tech industry employees rose significantly in 2019 to 321,000 employees, accounting for 9.2% of all employees in the economy - up 8% from 2018. On the other hand, besides the large increase in the number of employees, the demand for workers is only rising, and as of July 2019, approximately 18,500 open technology jobs have been registered in the non-staffed industry and were not filled. Aharon Aharon, CEO of the Innovation Authority, said, "We...

The aerospace industry will partner with the international accelerator MassChallenge, to launch a path for the development of unique sensor technologies called Future Sensing. This track is designed for startups that develop sensors in high frequency, quantum, photonics, acoustics, ultrasonic and any disruptive technology in the world of sensing, or fusion of information from sensors. The aerospace industry will operate through its subsidiary Elta, offering start-ups a significant collaboration that includes access to customers and markets around the world that Elta operates, and...

25% of fathers say they do not exercise their parenting rights because of the corporate culture that does not allow them, according to a survey conducted by the Division for Gender Equality at the Civil Service Commission, on the occasion of Family Day held on Wednesday. Many fathers have stated that they fear the response in the ministry if they start taking advantage of the parenting rights they are entitled to. "I feel that fully utilizing parenting rights will prevent me from performing my job well and therefore choose to take advantage of only some of the rights," says a father who...

After four years of research funded by the Ministry of Science and Technology, researchers at the Migal Institute of Coronary Virus Vaccine (IBV) developed successfully in preclinical trials and genetically modified for the corona virus vaccine. Minister of Science and Technology Ophir Akunis welcomed the new revelations of the study: "Hope and believe there will be further progress soon." Minister Akunis instructed his office manager to quickly promote possible collaborations that would enable vaccines for humans as soon as possible

Corona Crisis Signal at El Al Company Announces First Dismissal Today. Students of 5 flight attendants, at various stages of the course, had to return their employee card today and were notified that the course had been stopped. It's about 100 people. In the meantime, 60 pilots admitted to the company and not yet accredited - will not be admitted into the company. These are pilots recruited in April. In light of the situation El Al was in, a message was circulated among the air crew that discussions were being held about the fate of the various promotion and diversion courses with the aim...

A resounding failure of the Blue and White Party and tremendous success for Prime Minister Benjamin Netanyahu. The Likud is close to achieving the necessary majority of 61 Knesset members. Exit models show that the Likud won between 36 and 37 seats, while Blue and White suffers from 32 to 33 seats. The ultra-Orthodox win 17 seats in the Knesset. Shas with 9 and Torah Judaism gets 8 seats. The voting rate is particularly high 71%. The left in Israel is crashing.The joint Arabic list receives between 14 and 15 seats.Right takes 7 seats, Avigdor Lieberman's party Israel Beitano receives...

Two more Israelis were diagnosed with Corona virus - the Health Ministry announced Friday. The two, aged 50, are residents of the center of the country who are currently living in isolation. One turned on February 27 from Madrid, Spain, and the other returned on March 4 from Zurich, Switzerland. As a result, the number of infected persons in Israel rose to 19. The Ministry of Health announced that the exact flight numbers and locations where the patients were staying will be published later. Yesterday, two other patients became aware of the infection. One of them, a tourist bus driver from...

The Bank of Israel monitors developments in the financial markets, in Israel and in the world, and on policy measures by central banks around the world. This is in light of the spread of corona virus in the world and in Israel. On Saturday, the number of people infected with the virus rose to 25. Last week, the weekly monetary committee * chaired by the Governor. The Research and Markets Division presented the latest developments, updates to growth forecasts around the world, and estimates of potential impacts. The committee discussed, among other things, the steps taken by other central...

A tough evening in Israeli aviation. The decision they feared came about: the closure of Israeli borders with the announcement of the isolation obligation to landers in Israel from all destinations in the world. Israir has announced it canceles it's international operations. The company said that following the announcement of the Prime Minister and the Ministry of Health, the company will work until the weekend to bring back all its passengers staying in the sand. The company will then cancel its scheduled international flights by the end of March. Flights inland from Haifa and Ben Gurion...