Articles

The Israeli economy contracted by 1.7% in the first quarter of 2021, relative to the fourth quarter of 2020. The decline in GDP, according to a first estimate by the Central Bureau of Statistics, was mainly due to the consequences of the corona crisis - the sharp closure in January and February. On an annual basis, there was a decrease of 6.5% in GDP compared to the fourth quarter of 2020 The negative data for the quarter contradict the early forecasts of analysts, who believed that the Israeli economy would actually continue to recover after emerging from the corona crisis. For example,...

The number of job vacancies in April was about 130.3 thousand, and this is again the highest estimate observed since the beginning of the survey in 2009. This is according to data from the Central Bureau of Statistics. According to the data, along with the broad opening of the economy last month, the number of job vacancies actually continues to rise, with the previous record also recorded in March with about 112,500 job vacancies. According to the data, the vacancy rate in April was 4.86% compared to 4.63% in the previous month. The vacancy rate in the hospitality and food industries...

Foreign airlines resume flights to and from Israel. This follows the ceasefire reached between Hamas and Islamic Jihad and Israel. Some of the companies, mainly American, returned to fly to Israel this weekend. Most foreign companies will resume flights to and from Ben Gurion Airport early next week. After Delta Airlines announced yesterday the return of flights to and from Israel, today American Airlines also announced the resumption of flights to Israel. American will take its first flight from New York to Ben Gurion Airport on May 24 and from Ben Gurion Airport to New York on May 25. As...

After staying in their homes for almost two weeks since the operation began in Gaza, today (Sunday) about 2.4 million students returned to school and kindergarten in the southern and central localities. In accordance with the directive of Education Minister Yoav Galant, the rehearsal began today and will be done gradually to allow each authority and school to prepare accordingly, until a full rehearsal tomorrow. The directive also applies to youth villages and boarding schools. The principal of the Alon School of Science in Sderot, Vered Afenger, said upon returning to school that "we feel...

A few days ago, the Israeli government signed a contract with Amazon and Google, the happy winners of the first tender in the "Nimbus Project" for the provision of cloud services to the Israeli government sector. The winners will be required to establish cloud areas in Israel (Region) in the next two years; Until established, the winners will provide cloud services from the Netherlands, Germany and Ireland. The tender is valid for 7 years, with the possibility of extensions up to a period of 23 years in total. The Nimbus project is intended to enable government ministries, security bodies...

The Employment Service report, the first part of which is published today, shows that the number of jobseekers claiming unemployment stood at 490,855 in April, and decreased by 14.4% compared to March. The cumulative number of all jobseekers also decreased by 13.6%. Regarding this figure, it should be noted that most of the decrease was recorded among jobseekers who were on unpaid leave. The number of job seekers registered is the lowest since the second closure. There was also a significant improvement in the number of job seekers in relation to each vacancy: in April the best figure was...

Two young men in their 20s were injured in a stabbing attack, one of them seriously and the other lightly. They were stabbed on Haim Bar Lev Boulevard in Jerusalem, near the light rail station not far from the national police headquarters. MDA staff arrived at the scene and treated the two and evacuated them to Hadassah Hospital on Mount Scopus. Police officers who arrived at the scene began investigating the circumstances of the case, at the same time the terrorist was shot and neutralized. MDA paramedic Sigalit Mizrahi said: "We arrived at the scene and saw two wounded with stab wounds...

The Minister of Finance, Israel Katz, announced that he had agreed with the Director of the Tax Authority on the outline of compensation for indirect damages due to Operation The Wall Guard. This means that gates in the south, such as Ashkelon, Sderot and Beer Sheva, will receive compensation, but the Gush Dan and Shefela areas will not receive any compensation, even though they have received rocket fire. The compensation will be given to businesses for a decrease in business turnover or for wages paid to employees who are absent due to the security situation. Businesses in the Gaza...

Bezeq reported to the stock exchange tonight (Tuesday) that it intends to deploy fiber optics for 80% of households in Israel - within 6 years. The Ministry of Communications, which formulated the fiber outline, managed to push the most significant player in the market after years in which Bezeq refrained from deploying fiber optics and connecting homes to high-speed Internet infrastructure. The company - which has invested hundreds of millions of shekels in the project to date - has reported that it intends to continue investing another Billions of shekels in it

Just before the change of the company's CEOs, when Avi Zvi replaces Itzik Benvenisti, Partner reports this morning on its financial results in the first quarter of the year, which show that the trend continues to increase in the company's customers in the fixed segment and this is reflected in increased revenues. Partner's revenues in the first quarter of the year grew by 3% to NIS 833 million. By segmentation, Partner recorded a 2% decrease in revenues from cellular services, partly as a result of the corona crisis that reduced the company's revenues from roaming services