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

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Police are using NSO software without a court order to break into the phones of non-criminal or suspicious civilians

Posted on Jan 18, 2022 by Ifi Reporter - Dan Bielski

Police are using NSO software without a court order to break into the phones of non-criminal or suspicious civilians, including the heads of the black flag protest, the Calcalist newspaper...

The H&M chain will start selling furniture in Israel

Posted on Jan 18, 2022 by Ifi Reporter - Dan Bielski

The H&M chain will start selling furniture in Israel. The items, from H&M home, will be sold in a store in the Azrieli Mall. The store is currently under renovation for several months (but...

Israel Bank informed the banks they will be able to reduce reception hours

Posted on Jan 18, 2022 by Ifi Reporter - Dan Bielski

The Bank of Israel has informed the banks and credit companies that they will be able to reduce reception hours at branches starting on Tuesday. This is a temporary order from March 2020, which...

Knesset's Finance Committee has approved budget transfers totaling NIS 2.8 billion to the Ministry of Health

Posted on Jan 18, 2022 by Ifi Reporter - Dan Bielski

The wave of spread of the Omicron strain is costing the state coffers big money. The Knesset's Finance Committee has approved budget transfers totaling NIS 2.8 billion to the Ministry of...

Central Bureau of Statistics: the number of job vacancies continues to be higher than 140,000

Posted on Jan 18, 2022 by Ifi Reporter - Dan Bielski

The Central Bureau of Statistics announced that the number of job vacancies continues to be higher than 140,000, compared to just under 100,000 until the crisis broke out in March 2020. Data...

President of the Hotel Association Avi Nissenkorn is asking for immediate solutions to the industry's crisis

Posted on Jan 17, 2022 by Ifi Reporter - Dan Bielski

The president of the Hotel Association, Avi Nissenkorn, sent an urgent letter to Prime Minister Naftali Bennett, Finance Minister Avigdor Lieberman and Tourism Minister Yoel Rezbozov, asking for...

Moderna is working on the development of a combined vaccine against corona, the flu and RSV virus

Posted on Jan 17, 2022 by Ifi Reporter - Dan Bielski

Moderna, the Company that developed the mRNA vaccine for the corona virus is working on the development of a combined vaccine against corona, the flu and RSV vi reported that the RSV vaccine...

Israel Railways announced: forced to make changes to train traffic on Monday

Posted on Jan 16, 2022 by Ifi Reporter - Dan Bielski

Due to the continued increase in the morbidity of train personnel, with an emphasis on essential professions for operating train traffic such as drivers, inspectors, etc., Israel Railways...

Raphael intends to establish a subsidiary in the UK called RWAVE for the purpose of marketing

Posted on Jan 16, 2022 by Ifi Reporter - Dan Bielski

The Israeli company Raphael intends to establish a subsidiary in the UK called RWAVE for the purpose of marketing, selling and developing combat systems. At the same time, Rafael is in advanced...

There are still grants for businesses affected by the corona crisis: grants for rental expenses for businesses

Posted on Jan 16, 2022 by Ifi Reporter - Dan Bielski

There are still grants for businesses affected by the corona crisis. The possibility was opened for business owners who were entitled to at least three grants from the Tax Authority during the...

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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 →

IAI to Award Bonuses to 14,000 Employees After Record Profits

Mar 18, 2026 by Ifi Reporter - Dan Bielski

Israel Aerospace Industries (IAI) will grant bonuses to approximately 14,000 employees following a year of record financial performance, the company announced after reaching an agreement with workers’ representatives. Each employee will receive a flat bonus of NIS 6,555 in... Continue reading →

IAI to Award Bonuses to 14,000 Employees After Record Profits

Mar 18, 2026 by Ifi Reporter - Dan Bielski

Israel Aerospace Industries (IAI) will grant bonuses to approximately 14,000 employees following a year of record financial performance, the company announced after reaching an agreement with workers’ representatives. Each employee will receive a flat bonus of NIS 6,555 in... Continue reading →

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