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

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Discount Bank tripled its profit in the first nine months of the year

Posted on Nov 25, 2021 by Ifi Reporter - Dan Bielski

Discount Bank, managed by Uri Levin, tripled its profit in the first nine months of the year and will distribute a dividend of NIS 144 million for the third quarter of 2021.  According to...

Discount Bank tripled its profit in the first nine months of the year

Posted on Nov 25, 2021 by Ifi Reporter - Dan Bielski

Discount Bank, managed by Uri Levin, tripled its profit in the first nine months of the year and will distribute a dividend of NIS 144 million for the third quarter of 2021.  According to...

Virility Medical got an FDA approval for a premature ejaculation by men

Posted on Nov 25, 2021 by Ifi Reporter - Dan Bielski

A small Israeli company has received approval from the US Food and Drug Administration (FDA) for one of the problems that worries hundreds of millions of men around the world - premature...

Israel Shipyards Company reported a 14% increase in revenues in the third quarter to NIS 235 million

Posted on Nov 25, 2021 by Ifi Reporter - Dan Bielski

The Israel Shipyards Company reported a 14% increase in revenues in the third quarter to NIS 235 million, compared with NIS 206 million in the corresponding quarter last year. Operating profit...

Israel Shipyards Company reported a 14% increase in revenues in the third quarter to NIS 235 million

Posted on Nov 25, 2021 by Ifi Reporter - Dan Bielski

The Israel Shipyards Company reported a 14% increase in revenues in the third quarter to NIS 235 million, compared with NIS 206 million in the corresponding quarter last year. Operating profit...

The startup Talon has entered the list of the ten hottest cyber companies for 2021 of CRN list

Posted on Nov 25, 2021 by Ifi Reporter - Dan Bielski

The Talon startup, the first browser developer of its kind created to secure the modern workforce, has entered the list of the ten hottest cyber companies for 2021 of the technology site CRN. The...

About 18% of businesses reported experiencing cyberattacks between July 2020 and April 2021

Posted on Nov 24, 2021 by Ifi Reporter - Dan Bielski

About 18% of businesses that responded to a comprehensive survey by the Central Bureau of Statistics (CBS), conducted between July 2020 and April 2021, reported experiencing cyberattacks....

Bank of Israel bought hundreds of millions of dollars in the foreign exchange market

Posted on Nov 24, 2021 by Ifi Reporter - Dan Bielski

Two days after the Bank of Israel's interest rate announcement, the dollar and the euro continue their strengthening trend against the shekel today (Wednesday). At noon, the representative...

Isracard Group: Revenues in the third quarter of 2021 grew by 9% to NIS 585 million

Posted on Nov 24, 2021 by Ifi Reporter - Dan Bielski

Isracard Group published its financial results for the third quarter and the first nine months of 2021. The results indicate growth in revenues both relative to the corresponding quarter last...

The Israeli online trading company Global E will acquire American FLOW for $ 500 million

Posted on Nov 24, 2021 by Ifi Reporter - Dan Bielski

The Israeli online trading company Global E joins the constant shopping journey of the technology companies. The company will acquire American FLOW for $ 500 million. This is a share and cash...

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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 →

Former NBA Star Omri Casspi Raises $250 Million for Third Venture Fund

Sep 4, 2026 by Ifi Reporter - Dan Bielski

Former NBA player Omri Casspi has raised $250 million for the third fund of his venture capital firm, Swish Ventures, marking another major milestone in his transition from professional basketball to the technology investment world. The new fund brings Swish Ventures' total assets... 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 →

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