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

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Menora Mivtachim reports a total profit of NIS 578 million in the first nine months of 2021

Posted on Nov 29, 2021 by Ifi Reporter - Dan Bielski

Menora Mivtachim reports a total profit of NIS 578 million in the first nine months of 2021 - compared to NIS 285 million in the corresponding period in 2020. The return on capital, in annual...

From Sunday midnight: returnees from abroad need to use their private vehicles and not public transportation

Posted on Nov 28, 2021 by Ifi Reporter - Dan Bielski

The Department of Transportation has announced steps to curb the spread of the new variant of corona virus, Omicron. The measures, which will take effect tonight at midnight (Sunday), encourage...

Price of fuel in Israel will decrease about 20 agorot, to about NIS 6.42 per liter

Posted on Nov 27, 2021 by Ifi Reporter - Dan Bielski

According to estimates, the price of fuel in Israel will decrease by midnight between Tuesday and Wednesday by about 20 agorot, to about NIS 6.42 per liter of self-service octane 95 fuel. This is...

The Israeli fintech company Rapyd announces the completion of a $ 300 million E-fundraising round

Posted on Nov 27, 2021 by Ifi Reporter - Dan Bielski

The Israeli fintech company Rapyd announces the completion of a $ 300 million E-fundraising round led by Target Global. New investors are joining this round, including: Fidelity Management and...

"Omicron" - This is the name of the new African strain of corona that threatens the world

Posted on Nov 26, 2021 by Ifi Reporter - Dan Bielski

"Omicron" - This is the name of the new African strain of corona that threatens the world, according to the World Health Organization. Omicron is the 15th letter in the Greek alphabet....

First reduction in water tariffs after about 4 years: expected to fall in January 2022 by about 1.76%

Posted on Nov 26, 2021 by Ifi Reporter - Dan Bielski

First reduction in water tariffs after about 4 years: Water tariffs for households are expected to fall in January 2022 by about 1.76%, with according to the Water Authority the consumer will...

toiletries giant Sano is expected to raise prices considerably starting on December 1

Posted on Nov 26, 2021 by Ifi Reporter - Dan Bielski

Sano is expected to raise prices considerably. As you may recall, yesterday it was reported that the toiletries giant announced to the chains sharp price increases for its products starting on...

Dan Hotels reports revenues of NIS 321 million, an increase of 32%

Posted on Nov 26, 2021 by Ifi Reporter - Dan Bielski

Dan Hotels, which manages and operates a chain of hotels throughout the country, reports revenues of NIS 321 million, an increase of 32% compared to the same period last year, when revenues...

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...

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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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