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...

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...

Tax authority: encouraging the sale of land for residential construction collecting less tax from buyer

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

The tax authority has issued a memorandum of law for public comments that includes seven amendments to the Real Estate Tax Law - praise tax and purchase tax - aimed at encouraging the sale of...

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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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