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ECONOMY

Gil Shwed  photo: Eyal Izhar Check Point to give Shwed options worth $144m

Check Point co-founder and CEO Gil Shwed owns 19.1% of the company, worth $3.4 billion.

Careers Photo: Shutterstock ASAP Creative Moving up by changing jobs doesn't work

Quitting a job in hope of finding a better one is usually a mistake.

Israel Railways electric car Photo: PR Israel Railways unveils electric rail cars

The new carriages will operate on the Tel Aviv - Jerusalem fast link and other electrified lines.

Growth Photo: Shutterstock Israel's Q1 growth rate revised upward

Imports of goods and services soared 20.7% in the first quarter.

Rony Hizkiyahu Photo: Tamar Matsafi Finance C'tee allows state 10 months to sell Leumi shares

The state's 5.8% holding in Bank Leumi is expected to fetch NIS 2 billion, which will be allocated to reducing the national debt.

Benjamin Netanyahu Photo: Shutterstock OECD praises Israeli gov't efforts to cut regulation

The OECD's report nevertheless states that these efforts are only a start.

Kiryat Ono apartments Home Price Index flat

The April-May index reading indicates that home prices in Israel are stabilizing. Meanwhile, general inflation has returned to within the target range.

Mega-rich  image: Shutterstock Israel's mega-rich: 50+, tight-fisted, male

The Chief Economist's survey of Israel's 400 highest-income people for 2014 shows that charity is not a prominent characteristic.

Supermarket Photo: Tamar Matsafi OECD: Israel should liberalize, spend on infrastructure

According to the OECD, Israel stands to gain more than almost every other country from product market liberalization and infrastructure investment.

Hadera power station Clean Air Law benefits estimated at NIS 115b

A decade after the law's passage, a study shows that every shekel invested in implementing it saved the Israeli economy three shekels.

Shai Babad  photo: Flash 80 Gov't productivity program leaves out 82% of factories

Grants will be available apply only to plants in national priority areas and Jerusalem.

Moshe Kahlon  photo: Amir Cohen, Reuters Kahlon requests Knesset nod for selling state's Leumi shares

The state wants to sell the last 5.83% of Bank Leumi that it owns.

Home for sale  image: Shutterstock May home sales in Israel reverse trend

Monthly home sales rose for the first time since August 2016.

Shekel Photo: ASAP Creative Shekel weakens against dollar after BoI rate decision

Leader Capital Markets analyst Yonatan Katz: The Bank of Israel sent a dovish message to the market.

Enlight wind farm in Ireland  photo: PR Enlight secures finance for Golan Heights wind farm

A consortium headed by Bank Hapoalim is financing the project.

Karnit Flug  photo: Eyal Izhar Bank of Israel leaves interest rate unchanged

At the same time, the central bank signaled that an interest rate hike is likely before the end of the year.

Gadi Lesin Strauss Group CEO Gad Lesin steps down

Lesin is resigning his position after nine years for medical reasons.

Bank of Israel  photo; Ariel Yeruzolimsky Foreign banks believed pressing for Israeli interest rate hike

The markets are tensely awaiting the Bank of Israel's interest rate decision.

Guy Azrad  photo: PR Marvell Israel laying off 90

The company, which has 650 employees in Israel, was based on the acquisition of Galileo Technology.

Jadwiga Emilewicz  photo: Tomer Foltyn Poland wants Israeli high tech

Polish technology minister Jadwiga Emilewicz is keen to persuade Israeli entrepreneurs to establish R&D centers in Poland.

El Al workers demonstrate  photo: Eyal Izhar El Al personnel chief: We must slash costs

El Al says it wants to reach agreement with its workers on streamlining measures.

Karnit Flug  photo: Rami Zarnegar Flug will not seek extension as Bank of Israel governor

Karnit Flug has announced her intention of stepping down in November.

career  image: Shutterstock Why talent doesn't mean career success

It's not talent that counts, but where you are on the labor market pyramid.

Prof. Luigi Zingales  photo: Eyal Izhar "Google and Facebook have excessive power over business"

Influential economist Luigi Zingales talks to "Globes" about digital monopolies, praises Netanyahu's grasp of economics, and reflects on the future of Europe.

Green in the City community photo: Guy Nardi Community, not technology, will save our cities

A smart city is no substitute for a sense of belonging.

Tel Aviv bike path photo: Meirav Modan Taking Israel's cyclists for a ride

Local authorities in Israel constantly proclaim grandiose plans for bicycle paths, and then fail to carry them out.

Eduardo Elsztain at Globes Capital Market Conference Elsztain: Argentine crisis won't influence our operations

Eduardo Elsztain told the "Globes" Capital Market Conference that IDB's problems have been caused by Cellcom's slide.

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