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

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Less intentions to fine businesses that harm consumers

Posted on Mar 27, 2022 by Ifi Reporter - Dan Bielski

Less intentions to fine businesses that harm consumers: The Consumer Protection Authority summarizes its activities for 2021, and presents in the report the variety of businesses that allegedly...

The Ministry of Transportation increase by3.8% the price of travel in taxis

Posted on Mar 27, 2022 by Ifi Reporter - Dan Bielski

The Ministry of Transportation announces tonight (Sunday) a 3.8% increase in the price of travel in special taxis (special) and service taxis. According to the ministry, the rise in prices, which...

Ace, or in its new name, Multi-Rail: competition commissioner approved its acquisition of the retail furniture chains Beitili, Urban and IDDesign

Posted on Mar 23, 2022 by Ifi Reporter - Dan Bielski

Ace, or in its new name, Multi-Rail - which owns the Ace, Auto Depot and Ace Electric chains - announced that the competition commissioner, Michal Cohen, has approved its acquisition of the...

Azrieli's empire is worth NIS 34.1 billion on the stock exchange - Net profit amounted to NIS 2.9 billion in 2021

Posted on Mar 23, 2022 by Ifi Reporter - Dan Bielski

Dana Azrieli's empire is worth NIS 34.1 billion on the stock exchange today, which is 34% higher than the group's value a year ago, and it's an equally amazing story given the fact...

Teva signed a compromise agreement with Rhode Island and pay $ 21 million in cash over the next 13 years

Posted on Mar 22, 2022 by Ifi Reporter - Dan Bielski

Another compromise agreement with Teva in the case of narcotic painkillers (opioids). The company has signed an agreement with the Rhode Island Attorney General, under which Teva will pay Rhode...

Electra: 16% increase in revenues in 2021 amounted to NIS 8.97 billion

Posted on Mar 22, 2022 by Ifi Reporter - Dan Bielski

Electra, which is controlled by the Zelkind brothers' Elco, today (Tuesday) reported an increase in revenue and profit in 2021 thanks to its entry into the public transportation sector. The...

Electra: 16% increase in revenues in 2021 amounted to NIS 8.97 billion

Posted on Mar 22, 2022 by Ifi Reporter - Dan Bielski

Electra, which is controlled by the Zelkind brothers' Elco, today (Tuesday) reported an increase in revenue and profit in 2021 thanks to its entry into the public transportation sector. The...

ICL has signed a long-term agreement with IPL the largest importer of potash in India

Posted on Mar 22, 2022 by Ifi Reporter - Dan Bielski

ICL has signed a long-term agreement with IPL, the largest importer of potash in India, for the supply of potash for the years 2027-2022. The new framework agreement replaces the previous...

hundreds of thousands of people came to attend the funeral of Rabbi Chaim Kanevsky

Posted on Mar 20, 2022 by Ifi Reporter - Dan Bielski

The siren instructing to stop working was sounded in the city of Bnei Brak and hundreds of thousands of people came to attend the funeral of Rabbi Chaim Kanevsky, the ultra-Orthodox "great...

hundreds of thousands of people came to attend the funeral of Rabbi Chaim Kanevsky

Posted on Mar 20, 2022 by Ifi Reporter - Dan Bielski

The siren instructing to stop working was sounded in the city of Bnei Brak and hundreds of thousands of people came to attend the funeral of Rabbi Chaim Kanevsky, the ultra-Orthodox "great...

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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 →

Former NBA Star Omri Casspi Raises $250 Million for Third Venture Fund

Sep 4, 2026 by Ifi Reporter - Dan Bielski

Former NBA player Omri Casspi has raised $250 million for the third fund of his venture capital firm, Swish Ventures, marking another major milestone in his transition from professional basketball to the technology investment world. The new fund brings Swish Ventures' total assets... Continue reading →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →

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