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

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Israeli Defense Industry Strengthens Amid Embargo: CPC Launches Advanced Command System

Posted on Jul 16, 2025 by Ifi Reporter - Dan Bielski

As the war dubbed "Iron Swords" continues and foreign companies impose embargoes on supplying systems and raw materials to Israel’s defense sector, a significant shift is...

Pelephone Submits NIS 2 Billion Offer to Acquire Hot Mobile in Major Industry Merger Bid

Posted on Jul 15, 2025 by Ifi Reporter - Dan Bielski

In a move that could significantly reshape Israel’s cellular market, Pelephone , a subsidiary of Bezeq , has submitted an offer to acquire Hot Mobile for NIS 2 billion . The proposed...

Helios Fund Scores Major Exit in UK Biogas Sector, Eyes €200M Fundraising Amid Growing Israeli Interest in Renewables

Posted on Jul 13, 2025 by Ifi Reporter - Dan Bielski

The Israeli investment fund Helios , a key player in the renewable energy sector, has marked a major milestone with a lucrative exit from a British biogas company. The deal, which generated a...

Klil Appoints Kobi Levy as CEO to Drive Growth and Innovation

Posted on Jul 9, 2025 by Ifi Reporter - Dan Bielski

Klil , the largest aluminum and window company in the Israeli economy , has appointed Kobi Levy as its new Chief Executive Officer . Levy brings decades of leadership experience from some...

Colmobil Energy Unveils Innovative Renewable Solutions at Kibbutz Energy Conference

Posted on Jul 9, 2025 by Ifi Reporter - Dan Bielski

At the Annual Energy Conference for Kibbutzim , held this year at Kibbutz Maagan Michael , Tehila Bar Or , VP of Business Development at Colmobil Energy , outlined a series of practical and...

Wizz Air and United airlines Announce Early Return to Israel

Posted on Jul 8, 2025 by Ifi Reporter - Dan Bielski

Hungarian low-cost carrier Wizz Air will resume flights to Israel earlier than expected, returning on August 8 , airline sources confirmed on Tuesday. The move comes amid a gradual...

Tel Aviv Man Accused of Spying for Iran: Prosecutors Prepare Indictment

Posted on Jul 7, 2025 by Ifi Reporter - Dan Bielski

The Tel Aviv District Police and the Shin Bet (Israel Security Agency) have completed their investigation into Or Beilin , a 27-year-old Tel Aviv resident, who is suspected of carrying out...

Missile Fired from Yemen Intercepted Over Dead Sea Area; No Casualties Reported

Posted on Jul 6, 2025 by Ifi Reporter - Dan Bielski

 A missile launched from Yemen by Houthi forces was intercepted overnight by Israeli defense systems, the IDF confirmed early Sunday morning. The incident triggered air raid sirens...

Chairman of Foreign Construction Corporations Urges Immediate Cancellation of Population Authority's Plan

Posted on Jul 6, 2025 by Ifi Reporter - Dan Bielski

The government approved the new business grants program of Prime Minister Benjamin Netanyahu and Finance Minister Israel Katz. The program, dubbed "Braking for Growth," extends some of...

Caesar Premier Hotel Chain Launches All-Inclusive Summer Promotion: "The Action Is Included"

Posted on Jul 6, 2025 by Ifi Reporter - Dan Bielski

The Caesar Premier hotel chain has launched its new summer 2025 campaign, “The Action is Included,” offering hotel guests free access to leading attractions across its hotels...

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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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