Shoplifting incidents increased after stores and malls were reopened following government-imposed lockdowns to rein in the spread of the coronavirus in 2021, G1 Group security technology firm finds.
Latest data shows that the sale of luxury cars spiked by a whopping 88% in 2021.
Only 35,000 news small businesses opened in the second year of the COVID pandemic, while the cessation of government aid contributed to the many ventures that ceased operating.
Abu Dhabi's Mubadala Investment Co manages $250 billion in assets and has so far invested $20 million in six Israeli venture capital firms. Bilateral trade between the newfound allies came to $700 million in 2021 and it is expected to reach $2 billion this year.
Consumer Price Index rises 0.3% in December, housing prices add 10.6% over the past 12 months. At 2.8%, inflation is edging closer to the 3% projection set by the Bank of Israel.
DHL Express is said to invest $80 million in the facility, located near Ben Gurion International Airport.
Having gained a restricted license in December 2019, One Zero, which is controlled by Mobileye founder Amnon Shashua, operated on a trial basis initially but has now met all criteria, including raising the necessary capital. One Zero boasts a waiting list of 60,000 prospective clients.
Bank of Israel Governor Amir Yaron says that while most projections see a short-term outbreak, the government should also prepare for a worst-case scenario in which vital services are compromised over infection rates, "which could bring about macroeconomic damage."
"Together we call on employers, in view of the spread of omicron, to prefer remote work where possible," Minister Orna Barbivay says.
"The use of digital wallets is gradually becoming a significant part of our shopping and payment experience," head of firm that manages Israel's credit card payment system says. Around 800,000 Israelis are believed to have downloaded an online payment app.