WATER

Last month was set to be one of the driest Decembers on record until the torrential rain of the past few days.

Mekorot CEO Amit Lang told the Globes Israel Business Conference that Israel's water company is prepared for extreme natural disasters.

The share price of the pool cleaning equipment company from Kibbutz Yizre'el plunged nearly 30% following the release of its disappointing first quarter financials.

The lake is currently just 54 centimeters from its maximum level of 208.80 meters below sea level, according to the Kinneret Authority.

Mekorot CIO Eran Ravid told the Globes Tech IL Conference about the company's support for startups and its ability to cope with national emergencies.

The lake is currently just 73 centimeters from its maximum level of 208.80 meters below sea level, according to the Kinneret Authority.

All areas of northern and central Israel have already had well over their average annual rainfall, while it has been a below average year for Jerusalem and southern Israel.

The lake has risen 14.4 centimeters over the past 24 hours alone and is 1.855 meters from its maximum level of 208.80 meters below sea level, according to the Kinneret Authority.