Financial and economic News from israel - Economic World by Dan Bielski

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El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Posted on Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by...
L’Oréal Signs 50-Year Global License Agreement for Gucci Beauty

L’Oréal Signs 50-Year Global License Agreement for Gucci Beauty

Posted on Jul 15, 2026 by Ifi Reporter - Dan Bielski

L’Oréal has signed an exclusive worldwide 50-year license agreement to create, develop, and distribute fragrance and beauty products under the Gucci Beauty brand, strengthening...
Mul-T-Lock Partners With Ruach Nashit to Promote Women's Economic Independence

Mul-T-Lock Partners With Ruach Nashit to Promote Women's Economic Independence

Posted on Jul 15, 2026 by Ifi Reporter - Dan Bielski

Mul-T-Lock , a leading Israeli security solutions company, has joined forces with Ruach Nashit (Women's Spirit), an organization dedicated to promoting economic independence among women...
Israeli Committee Approves New Regulations Reducing Housing Costs for Construction Employers of Foreign Workers

Israeli Committee Approves New Regulations Reducing Housing Costs for Construction Employers of Foreign Workers

Posted on Jul 15, 2026 by Ifi Reporter - Dan Bielski

Israel's Knesset Labor and Welfare Committee has approved new regulations allowing construction employers to deduct a significantly larger share of housing costs from the wages of foreign...
Palace Senior Living Network Hosts Maccabiah-Style Sports Festival for Residents

Palace Senior Living Network Hosts Maccabiah-Style Sports Festival for Residents

Posted on Jul 15, 2026 by Ifi Reporter - Dan Bielski

The Palace Senior Living Network recently held a Maccabiah-style sports festival at Palace Modiin, bringing together nearly 200 residents from five Palace retirement communities across Israel....
BRICKSTONE Marks 10 Years as Israel's First Private Secure Vault Operator

BRICKSTONE Marks 10 Years as Israel's First Private Secure Vault Operator

Posted on Jul 11, 2026 by Ifi Reporter - Dan Bielski

BRICKSTONE, which operates secure private vault complexes, is marking 10 years since establishing Israel's first private safe-deposit facility. As part of the company's...
Yachin Processes 50,000 Tons of Israeli Tomatoes During Peak Harvest Season

Yachin Processes 50,000 Tons of Israeli Tomatoes During Peak Harvest Season

Posted on Jul 11, 2026 by Ifi Reporter - Dan Bielski

Yachin, one of Israel's leading producers of canned tomato products, is processing approximately 50,000 tons of tomatoes during the peak of the country's harvest season,...
AI May Become the Defining Story of the Next Election Campaign

AI May Become the Defining Story of the Next Election Campaign

Posted on Jul 11, 2026 by Ifi Reporter - Dan Bielski

Every election cycle seems more polarized than the last. Smear campaigns, disinformation, and fake news have become familiar features of modern politics. Yet the defining story of the next...
Automotive Equipment Opens New Changan Sales Center in Carmiel

Automotive Equipment Opens New Changan Sales Center in Carmiel

Posted on Jul 11, 2026 by Ifi Reporter - Dan Bielski

Automotive Equipment , the official importer of Changan vehicles in Israel, has opened a new Changan sales center in Carmiel, strengthening the Chinese automaker’s presence in northern...
Leumi Partners Acquires 20% Stake in Delek Israel in Deal Valuing Company at Over NIS 1 Billion

Leumi Partners Acquires 20% Stake in Delek Israel in Deal Valuing Company at Over NIS 1 Billion

Posted on Jul 6, 2026 by Ifi Reporter - Dan Bielski

Leumi Partners , the investment arm of Bank Leumi , has agreed to acquire a 20% equity stake in Delek Israel , in a transaction that values the company at more...
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El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

L’Oréal Signs 50-Year Global License Agreement for Gucci Beauty

Jul 15, 2026 by Ifi Reporter - Dan Bielski

L’Oréal has signed an exclusive worldwide 50-year license agreement to create, develop, and distribute fragrance and beauty products under the Gucci Beauty brand, strengthening its position in the global luxury beauty market. The agreement follows the previously... Continue reading →

Mul-T-Lock Partners With Ruach Nashit to Promote Women's Economic Independence

Jul 15, 2026 by Ifi Reporter - Dan Bielski

Mul-T-Lock , a leading Israeli security solutions company, has joined forces with Ruach Nashit (Women's Spirit), an organization dedicated to promoting economic independence among women survivors of domestic violence. The partnership aims to support women in rebuilding their lives... Continue reading →

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