The Manufacturers Association of Israel's estimate is based on work days lost. The actual final tally can be expected to be much higher.
Mayor Moshe Lion sees the city becoming Israel's tech capital but even government ministries are staying away. New office developments might improve the situation.
The cumulative deficit for the twelve months to the end of April was NIS 158.9 billion, or 11.2% of GDP.
The cut comes against a background of rising inflation and expected higher growth this year.
The Bank of Israel has already bought $19 billion in foreign currency in 2021 - nearly two thirds of the $30 billion it said it would buy in all of 2021.
Foreign Minister Gabi Ashkenazi and Economy Minister Amir Peretz will fly out to Seoul on Sunday to sign the free trade agreement.
Normalization with Morocco has brought business opportunities for Israelis but few in Israel know how to get things done there. "Globes" talks to the experts.
The average monthly salary in high-tech has risen 12.6% to NIS 28,837, the Central Bureau of Statistics reports.
Minister of Finance Israel Katz is forming a new plan as the unpaid leave payments are due to be cut next month.
Intel CEO Pat Gelsinger met Prime Minister Benjamin Netanyahu yesterday evening in the prime minister's bureau in Jerusalem.
US commercial attaché in Israel Robyn Kessler talks to "Globes" about the bilateral trade and investment relationship, ahead of the SelectUSA Summit.
Startups and international giants alike are competing for Israel's best talent in the semiconductor disciplines.
Because of Covid-19, the public is forgoing public transport in favor of private cars. Infrastructure projects just can't catch up.
Israelis who invest in the UK should take note of the Chancellor of the Exchequer's recent budget.
Home prices rose last year in all of Israel's 16 largest cities, except one.
The prime minister promises grants and tax cuts, but hasn't specified how they'll be paid for.
"Globes" asked the political parties seeking election to the Knesset to set out their economic platforms.
Newly installed CEO Shulamit Geri wants Israel's most conservative financial institution to become more like a private enterprise.
A decline of just 2.4% in GDP looks like success in dealing with the pandemic, but, as always, the devil is in the details.
In an election period, attacking the haredi orthodox community yields political gains, but the figures show the attacks are off the mark.