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

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Israel Mandates Solar Panels on New Homes in Landmark Renewable Energy Reform

Israel Mandates Solar Panels on New Homes in Landmark Renewable Energy Reform

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

Israel is set to implement one of its most significant renewable energy reforms to date, as a new Ministry of Energy regulation will require solar energy systems on the roofs of all newly built...
Dan Hotels’ Idit Catering Unveils Gourmet Sfinj Collection for Hanukkah

Dan Hotels’ Idit Catering Unveils Gourmet Sfinj Collection for Hanukkah

Posted on Dec 10, 2025 by Ifi Reporter - Dan Bielski

In advance of the Hanukkah season, Idit Catering of the Dan Hotels Group is launching a gourmet series of Sfinj — North African–style donuts traditionally associated with the Jewish...
Ituran Marks 20 Years on NASDAQ: Sheratsky Family to Ring Opening Bell

Ituran Marks 20 Years on NASDAQ: Sheratsky Family to Ring Opening Bell

Posted on 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...
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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...

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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 →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →

SACHEK NA Introduces New 3D Plastic Puzzle Collection Featuring Iconic Cars

Aug 25, 2026 by Ifi Reporter - Dan Bielski

Israeli toy and puzzle company SACHEK NA, owned by Meir Klughaft and Yossi Bar-On, is introducing a new collection of 3D plastic vehicle puzzles, combining traditional puzzle assembly with three-dimensional model building. From Porsche and Ferrari to the Harry Potter Bus The new... Continue reading →

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