Israeli Businessman Continues Withdrawing Funds After Company Scandal Uncovered
Despite revelations of a scandal, the controlling shareholder of "Kohan" continued to withdraw funds from the company for approximately one month after the affair was exposed. The article does not specify the exact nature of the scandal or the total amount withdrawn.
In other business news, European markets are experiencing significant declines, coinciding with a rise in inflation within the Eurozone. Simultaneously, oil prices have seen an increase. Israel is set to establish an air defense system for Greece, a deal valued at approximately 3 billion euros. The Israeli stock market saw gains in August, which helped offset the strengthening of the shekel.
Real estate news includes a rare apartment opposite the Western Wall being offered for sale at 50 million shekels by its 91-year-old owner. In Netanya, 38 apartment buyers are suing, claiming they were promised they would not have to complete their transactions. A shopping mall in the north, purchased for 49 million shekels, is also mentioned.
In technology and consumer news, a widely used app, utilized by 99% of Israelis, was blocked, reportedly causing significant disruption to users' lives. An educational critique highlights that even excelling in math and computer science yielded no practical learning, with one individual calling it a "waste of time."