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

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price of a liter of 95 octane gasoline will skyrocket Monday night to NIS 7.05 per liter

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

World oil prices are soaring against the backdrop of the war in Ukraine - and the rise is also reaching fuel prices in Israel: The Ministry of Energy announced today (Sunday) that the price of a...

The Council for Higher Education approved: The Open University will open a postgraduate study program

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

The Council for Higher Education approved the request of the Open University to open a postgraduate study program in the field of education. In January 2021 the university received approval in...

Bezeq International a cooperation agreement with the Middle East communications provider Arc from Dubai

Posted on Feb 21, 2022 by Ifi Reporter - Dan Bielski

Bezeq International announced that it has signed a cooperation agreement with the Middle East communications provider Arc from Dubai, in which the two will establish a high-speed communications...

Signed: Agreement for cooperation in economics and trade between Israel and Morocco

Posted on Feb 21, 2022 by Ifi Reporter - Dan Bielski

The Minister of Economy and Industry has signed an agreement for cooperation in economics and trade between Israel and Morocco. Orna Barbibai, during her visit to Morocco, signed the agreement...

Bank Leumi acquires 20% of the shares of the consumer credit company Click

Posted on Feb 21, 2022 by Ifi Reporter - Dan Bielski

Bank Leumi acquires 20% of the shares of the consumer credit company Click'. Click Financing is a subsidiary of ERN that is being prepared for an IPO, led by the underwriting arm of the bank,...

Paz continues to expand its operations in the financial field: Will cooperation with ICC

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

Paz continues to expand its operations in the financial field as part of its attempt to leverage its growing retail presence. Paz, which is managed by Nir Stern, has signed an agreement for...

Nice: Revenue of $ 515 million in the last quarter of 2021 was higher than forecast

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

NICE summarizes its results for the last quarter and for 2021 as a whole. "The fourth quarter was a dream for us, I have worked at NICE for more than twenty years, of which eight years as...

Appointed: Brigadier General (Res.) Gabriel Portnoy is the National Cyber ​​System director

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

After more than a month without a head, the cyber array is finally getting a leader. The Prime Minister's Office announced the appointment of Brigadier General (Res.) Gabriel (Gabi) Portnoy...

36,835 people have been diagnosed positive for Corona - Coefficient of infection declined to 0.68

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

36,835 people have been diagnosed positive for Corona in the past day, the Ministry of Health announced today (Thursday). This is a decrease of about a thousand verified per day. There has also...

Prime Minister Bennett is promoting the abolition of most corona restrictions by early next month

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

Prime Minister Naftali Bennett is promoting the abolition of most corona restrictions by early next month. Bennett sought to examine the issue of removing the restrictions added in the omicron...

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BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →

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