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

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Ofek Aerial Photography Launches “Ofek Maps,” Israel’s First On-Demand Digital Mapping Platform

Ofek Aerial Photography Launches “Ofek Maps,” Israel’s First On-Demand Digital Mapping Platform

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

Ofek Aerial Photography, Israel’s leading company in mapping and aerial imaging, has launched “Ofek Maps,” a new digital platform that allows customers to purchase and...

Gentrix.ai and Priority Partner to Launch AI Agent for Israel’s Hotel Industry - fully automated through AI

Posted on Nov 17, 2025 by Ifi Reporter - Dan Bielski

A groundbreaking collaboration in Israel’s hospitality sector was announced this week between Gentrix.ai , a startup from the SQLink Group , and Priority , developer of the leading...

Teads (Formerly Outbrain) Plunges 40% After Weak Q3 Results — Stock Down 90% in 2025

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

Shares of Teads — formerly Outbrain — collapsed by more than 40% last week , capping a devastating year in which the company has lost over 90% of its market value . The fall...

Israel’s Yuval Romlis, 17, Crowned World Taekwondo Champion in Croatia

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

Seventeen-year-old Yuval Romlis has been crowned World Champion in Taekwondo (ITF) at the 2025 World Championships in Croatia , where more than 1,500 athletes from 57 countries competed....

ASSA ABLOY Wins King’s Excellence Award for Innovative Wireless Access Lock

Posted on Nov 11, 2025 by Ifi Reporter - Dan Bielski

ASSA ABLOY has been awarded the King’s Excellence Award for Exemplary Product Design for its Aperio KL100 wireless lock — an advanced access security solution for cabinets,...

Kaltura Acquires AI Startup eSelf.ai for $27 Million to Integrate Virtual Avatars into Corporate Video Platform

Posted on Nov 11, 2025 by Ifi Reporter - Dan Bielski

Israeli enterprise video company Kaltura announced a $27 million acquisition of the AI startup eSelf.ai , marking a strategic move to integrate realistic, interactive avatars into its...

Colmobil Energy Signs NIS 4.5 Million Deal to Install 70 Solar + Storage Systems in Shapira Center

Posted on Nov 11, 2025 by Ifi Reporter - Dan Bielski

Colmobil Energy , a leading company in Israel’s home solar energy market, has signed an agreement with a buyers’ group from the Shapira Center to install approximately 70...

Minister of Strategic Affairs Ron Dermer Resigns - Citing Personal Reasons and Promise to Family

Posted on Nov 11, 2025 by Ifi Reporter - Dan Bielski

Minister of Strategic Affairs Ron Dermer submitted his resignation  to Prime Minister Benjamin Netanyahu on Tuesday, ending his tenure after nearly three years in office. Dermer, one of...
2,000 Dancers Gather in Eilat for National Israeli Folk Dance Festival

2,000 Dancers Gather in Eilat for National Israeli Folk Dance Festival

Posted on Nov 11, 2025 by Ifi Reporter - Dan Bielski

Approximately 2,000 participants from across Israel took part this weekend in the Israeli Folk Dance Festival at the Club Hotel Eilat. The event, conducted by national folk dance leader...

“Brickstone 3” to Launch in Tel Aviv as Fully Robotic Safe Deposit Complex

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

Tel Aviv will open the first automated safe deposit box complex in Israel and the Middle East on November 15 , the company Brickstone announced. The facility, named “Brixton...

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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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