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

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Azrieli Group presented a net operating income (NOI) of NIS 428 million in the third quarter

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

The economic recovery in the economy following the vaccination of the population against the coronavirus and the exit from the closures are reflected in the financial results of the real estate...

Israel Land Authority doubled its revenues in 2021: total revenue has so far amounted to NIS 23.1 billion

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

The Israel Land Authority doubled its revenues in 2021, following the rise in land prices paid by developers, the reduction in the volume of discounted land marketed at a discount, and an...

Ilex Medical presented record results for the third quarter: 4% increase in revenues and amounted to NIS 310 million

Posted on Nov 22, 2021 by Ifi Reporter - Dan Bielski

Ilex Medical presented record results for the third quarter of the year, with an improvement in all parameters - from the revenue line to the profit line. Since the outbreak of the corona plague,...

Kamhada signed a deal that could change the path of its decline in revenue and profitability

Posted on Nov 22, 2021 by Ifi Reporter - Dan Bielski

Kamhada, a company controlled by the Phimie Fund, has signed a deal that could change the path of its decline in revenue and profitability. As part of this, it will pay the American private...

The Monetary Committee of the Bank of Israel has decided to leave the interest rate at 0.1%

Posted on Nov 22, 2021 by Ifi Reporter - Dan Bielski

The Monetary Committee of the Bank of Israel has decided to leave the interest rate in the economy unchanged, at a rate of 0.1%, in accordance with early forecasts - against the background of the...

CamTech has completed the raising of convertible bonds, for institutional investors, in the amount of $ 175 million

Posted on Nov 22, 2021 by Ifi Reporter - Dan Bielski

CamTech announced today (Monday) that it has completed the raising of convertible bonds, for institutional investors, in the amount of $ 175 million and at an interest rate of 0%. To $ 175...

The American manpower company HireWell has acquired the Israeli ICV for $ 21 million

Posted on Nov 22, 2021 by Ifi Reporter - Dan Bielski

The American manpower company HireWell has acquired the Israeli ICV - and will establish a development center in Israel. The scope of the transaction, in cash and shares - $ 21 million....

On Sunday at midnight, the purchase tax on electronic cigarettes will take effect

Posted on Nov 22, 2021 by Ifi Reporter - Dan Bielski

On Sunday at midnight, the purchase tax on electronic cigarettes will take effect, the Tax Authority announced today to importers and marketers of cigarettes. Under the new taxation system, the...

The revenue of Max amounted to was NIS 374 million in the third quarter of 2021

Posted on Nov 21, 2021 by Ifi Reporter - Dan Bielski

The exit from the closures led to an economic recovery in the economy, which translated into an increase in the use of credit cards and a renewed increase in the demand for consumer credit. This...

The weakest workers in the economy won a new improved wage agreement: employees in the cleaning industry

Posted on Nov 21, 2021 by Ifi Reporter - Dan Bielski

The weakest workers in the economy won a new improved wage agreement - employees in the cleaning industry. The wage agreement, with benefits not provided in the past, was signed by the Security,...

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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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