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

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Suspected Car-Ramming Attack in Sharon: Eight Injured - Manhunt Underway

Posted on Jul 24, 2025 by Ifi Reporter - Dan Bielski

A suspected car-ramming terror attack occurred Thursday morning near Kfar Yona in the Sharon region, leaving eight people injured , five of them in moderate condition , and three lightly...

Israel Railways CEO Moshe Zhena Resigns Amid Criticism Over Electrification Project Delays

Posted on Jul 23, 2025 by Ifi Reporter - Dan Bielski

 Moshe (Shiko) Zhena, CEO of Israel Railways, announced his resignation during a meeting of the company’s board of directors, marking the end of his two-year tenure. The announcement...

Armis Security Completes $100 Million Secondary Round, Valuation Rises to $4.5 Billion

Posted on Jul 23, 2025 by Ifi Reporter - Dan Bielski

Cybersecurity leader Armis Security has completed a $100 million secondary share sale , raising its company valuation to $4.5 billion , up from $4.3 billion in its previous funding round last...

Lufthansa Group to Resume Flights to Israel Starting August 1st: Initial Schedule Includes 44 Weekly Flights

Posted on Jul 23, 2025 by Ifi Reporter - Dan Bielski

The Lufthansa Group, which includes Lufthansa, SWISS, Austrian Airlines, Brussels Airlines, Eurowings, and Lufthansa Cargo, announced on Tuesday that it will gradually resume operations to and...

Dynamic Staffing Expands Operations in Israel’s Industrial Sector

Posted on Jul 22, 2025 by Ifi Reporter - Dan Bielski

 Dynamic Staffing Services (Dynamic), India’s largest international skilled workforce recruitment agency, has expanded its operations in Israel beyond the construction sector to now...

From Tribute to Triumph: Hapoel Bublil Hod Hasharon Rises to League A with Perfect Season

Posted on Jul 21, 2025 by Ifi Reporter - Dan Bielski

In a remarkable debut year, Hapoel Bublil Hod Hasharon has completed a perfect season in Israel’s B League, finishing with an undefeated 18-0 record and earning promotion to League...

Carrefour Launches Major Discount Campaign: Up to 58% Off Thousands of Products

Posted on Jul 21, 2025 by Ifi Reporter - Dan Bielski

Retail giant Carrefour is making headlines once again with a sweeping discount campaign offering up to 58% off thousands of products across its physical stores and online platform. The sale,...

Mercantile Bank Unveils AI-Powered Budget Optimization System for Local Authorities

Posted on Jul 21, 2025 by Ifi Reporter - Dan Bielski

At last week’s Central Local Government Conference , Mercantile Bank unveiled a suite of advanced financial and technological solutions aimed at helping local authorities better manage...

Prime Minister Netanyahu Diagnosed with Intestinal Infection, Postpones Court Testimony

Posted on Jul 20, 2025 by Ifi Reporter - Dan Bielski

Prime Minister Benjamin Netanyahu is recovering at home after being diagnosed with an intestinal infection, his office announced on Sunday. The illness, reportedly caused by spoiled food, has...

Bazan Reports Up to $200 Million in Damage from Iranian Missile Strike

Posted on Jul 17, 2025 by Ifi Reporter - Dan Bielski

The Bazan Group reported on Wednesday to the Tel Aviv Stock Exchange that the direct damage caused to its Haifa Bay refinery facilities in the recent Iranian missile attack is estimated...

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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 →

Ituran Marks 20 Years on NASDAQ: Sheratsky Family to Ring Opening Bell

Dec 3, 2025 by Ifi Reporter - Dan Bielski

The Sheratsky family — Eyal, Nir, and Gil Sheratsky, owners of Ituran — will ring the opening bell at the NASDAQ Stock Exchange in honor of the 20th anniversary of Ituran’s IPO . “It is a tremendous honor and a significant moment for Ituran to mark 30 years... Continue reading →

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Dec 3, 2025 by Ifi Reporter - Dan Bielski

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