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On Thursday night, Nanox completed the pricing phase of the initial public offering of its shares on Nasdaq. Nanox issued 9.18 million shares at a price of $ 18 per share - which was at the top end of the planned price range for the issue: $ 18-16 per share. Nanox, which raised the shares at a company value of $ 634 million before the IPO and $ 800 million after it, initially planned to issue 4.9 million shares. However, due to large excess demand of $ 1.5 billion, the volume of the offering has almost doubled. Nanox was founded in 2012 by entrepreneur Ran Polyakin, and raised $ 138...

Israel is the 30th country in the world with more than 100,000 people infected with corona: About six months after the first carrier of the virus was identified in Israel, in February, the Ministry of Health updated the epidemic data in the country, which shows that Israel now has 100,716 people infected. Yesterday, 1,496 new infections were diagnosed in Israel, and at midnight, another 889 infections were diagnosed today. Another 11 patients have died since midnight, and the total number of deaths now stands at 809. There are currently 22,122 active patients in Israel, 390 of whom are in...

Bat Yam Mayor Zvika Brut has announced that entry to the city's beaches will be allowed to Bat Yam residents only for fear of infections in the corona due to overcrowding and congestion. The municipality said in a statement that "due to the high density that has been felt in recent weeks on the city's beaches and in particular on the separate beach, which does not allow for the maintenance of social distance rules, the mayor ordered an organized entry of residents from other cities." The municipality noted that on the separate beach, which serves the ultra-Orthodox public, there are...

In tens of thousands of homes in Israel, the joy of the holidays on Rosh Hashanah and Sukkot will be replaced this year by worry and feelings of uncertainty against the background of the economic distress caused by the corona crisis. A dive into the economic data paints a gloomy and sad picture of the situation of a large part of Israelis about a month before Rosh Hashanah. Nearly a million employees and the self-employed have lost their jobs, business owners who lose money even when the store and business are open, and tens of thousands staying in isolation, some of whom are sick in...

A number of companies in the economy have joined the "Women's strike - women and girls are not no man's land" event, which is scheduled to take place the next day (Sunday) at 12:00. This follows demonstrations all ove r the country following the incident in Eilat, in which about 30 men allegedly raped a 16-year-old girl at a hotel. As part of the event of identification with the victims of sexual assault, the resident is currently working. Among the companies that announced that they would participate in the event: Psagot Investment House, which said that "its employees were shocked to...

The Employment Service expects Israel to end 2020 with about half a million unemployed. The labor market will take many years to recover from the corona crisis and the phenomenon of prolonged unemployment is expected to expand. This was stated in a report published on Sunday by the Employment Service. The authors of the report warn of a number of dangers in the current government policy that includes only assisting the unemployed without encouraging their return to the labor market and states that the policy encourages the taking of unemployment benefits. The Employment Service estimates...

Teva is embarking on an extensive cut at the Teva Tech plant in Ramat Hovav. The plant, which produces active ingredients for medicines, employs almost 700 workers, but by nature in the last years of the crisis in the company, its utilization has dropped to only 20%. The main reasons for this are a significant drop in sales of Copaxone, Teva's flagship drug for multiple sclerosis that the plant produces its active ingredients as well as the lack of major launches of generic products. The dismissals agreed with the committee will begin in 18 months, meaning they will take effect in January...

The government will continue to function and the Knesset will not disperse tomorrow at midnight. This is after Prime Minister Benjamin Netanyahu said on Sunday evening that he accepts the compromise proposal to postpone the approval of the state budget by one hundred days. He said, "This compromise proposal is the right answer for Israel at this time. It is time for unity, it is not time for elections." Netanyahu added that "the government must be stopped within the government. I hear on the radio wild attacks on the prime minister out of blue and white, out of the government. I say: enough...

The rate of eligibility for a matriculation certificate among 12th grade graduates last year stands at 69.7% across the country, a slight decrease compared to the previous year which ended with 69.9%. Data published on Monday by the Ministry of Education show that despite the stability among those eligible for matriculation in the Jewish sector, eligibility among Bedouin students fell below 50%, and among Arab students in general there was a percentage decrease among those eligible

At the Alon headquarters in the Home Front Command, efforts are being expanded to curb the corona virus, in light of the recent outbreaks of the Delta strain across the country. "The increase in morbidity is abnormal compared to what we expected," says a senior official at the headquarters, "because it is not just in children." He stressed that the headquarters is conducting "aggressive operations", which include sending epidemiological investigations and sampling to each outbreak point, and even increasing the number of investigators by about 500. However, for now there is no intention to...