Business and Economy
Veteran Israeli hotelier says resorts must differentiate themselves to attract guests, who will mainly be domestic “staycationers” through next spring.
“The work paid off,” says Roi Peer of Gan Haim, who became the first Israeli competitor in a decade to win a gold medal.
The report, based on predictions of a third coronavirus wave, states that some 800,000 people are currently unemployed and that 70,000 businesses will have folded by the end of the year.
More than 1 million citizens have already received the grants, with the remainder of the $1.9 million package expected to be disbursed in the coming days.
Graduates of the IDF’s famed Unit 8200 are often at the forefront of Israel’s high-tech industry—and industry headhunters often stop at nothing to lure members of the unit into the private sector.
“It is no secret that e-commerce is growing worldwide, and that every business owner—big or small—understands that you cannot run a business without an online presence,” says Mordechai Arba, the 29-year-old founder and CEO of Ecomhunt.
The plan extends unemployment benefits until June 2021 and offers grants for businesses, those fired or on unpaid leave and for recently discharged soldiers.
Under the modified plan, the needy and those with large families will receive additional funds, while high-income earners won’t receive grants.
Visitors in nations with low coronavirus infection rates will no longer be required to enter quarantine upon arrival.
A new report also found a 90 percent spike in Torah-observant women employed in high-tech in the past four years.
Recent water tests produced by the first pilot show that the quality of the drinking water is the best seen in the Gaza Strip in years.
The funds are earmarked for job creation and other welfare projects seeking to help the Palestinian population in the West Bank and Gaza Strip.
