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

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Posted on Dec 3, 2025 by Ifi Reporter - Dan Bielski

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Fuel Prices Rise in Israel: Liter of 95 Octane to Cost 7.11 NIS in December

Posted on Nov 30, 2025 by Ifi Reporter - Dan Bielski

The price of 95-octane gasoline rose at midnight (Sunday–Monday), with the December rate set at 7.11 shekels per liter at self-service stations — an increase...
Paralympic Champion Moran Samuel Inspires Residents at Palace Raanana Health Days

Paralympic Champion Moran Samuel Inspires Residents at Palace Raanana Health Days

Posted on Nov 30, 2025 by Ifi Reporter - Dan Bielski

Paralympic athlete Moran Samuel delivered an inspiring lecture to the residents of the Palace Raanana assisted-living home , part of the Azrieli Group, during the home’s series of...

Swatch Shrinks Presence in Israel Amid Global Downturn and Shift to Smartwatches

Posted on Nov 30, 2025 by Ifi Reporter - Dan Bielski

The iconic Swiss watch brand Swatch is scaling back its operations in Israel, closing several mall locations and preparing to leave only one or two...
Rafael Reports Record Growth Despite European Criticism of Security Cooperation

Rafael Reports Record Growth Despite European Criticism of Security Cooperation

Posted on Nov 29, 2025 by Ifi Reporter - Dan Bielski

Despite months of sharp rhetoric from several European governments against Israel and calls to halt security cooperation, Rafael Advanced Defense Systems shows no sign of slowdown. The...

Toyota Corolla Returns to Israel After Turkish Embargo Freeze

Posted on Nov 25, 2025 by Ifi Reporter - Dan Bielski

After a year-and-a-half hiatus caused by Turkey’s export embargo on Israel, Toyota Corolla imports have officially resumed . Union Motors, Toyota’s direct importer, announced that...

Castro-Hoodies Group Posts Strong Q3 2025 Results: Revenues Up 11.4%, Net Profit Jumps 53%

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

Castro-Hoodies Group reported a robust third quarter for 2025, with revenues rising 11.4% to NIS 565.5 million , compared to NIS 507.6 million in the same period last year. Revenues for...

Delta Israel Brands Posts Strong Q3 2025: Revenues Up 16.4%, Net Profit Jumps 22%

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

Delta Israel Brands reported another strong quarter, continuing its upward trajectory with significant growth in both revenue and profitability. Revenues in the third quarter of 2025 increased...

Actress and Director Adi Etzion Zak Receives 2025 “Golden Hedgehog” Lifetime Achievement Award

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

In an emotional ceremony at Palace Tel Aviv Senior Living Home , operated by the Azrieli Group, acclaimed actress, director and playwright Adi Etzion Zak was presented with the prestigious...

Hadas Water Signs U.S. Distribution Deal for Shabbat-Compliant “Spirit Plus” Water Bars

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

Hadas Water, one of Israel’s leading developers and manufacturers of purified water bars, has signed a distribution agreement with Rivos of Brooklyn, New York, to market 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 →

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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