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

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Paz gas company acquired four branches of the small supermarket chain "Emanuel" for more than NIS 30 million

Posted on Nov 20, 2021 by Ifi Reporter - Dan Bielski

The Paz gas company acquired four branches of the small supermarket chain "Emanuel" for more than NIS 30 million. The branches located in Rishon Lezion, Holon, Raanana and Ramat...

IAI signed a cooperation agreement with EDGE for the joint production of autonomous vessels for a variety of military applications

Posted on Nov 19, 2021 by Ifi Reporter - Dan Bielski

The aerospace industry has signed a cooperation agreement with EDGE for the joint production of autonomous vessels for a variety of military and commercial applications. As part of the agreed...

Papaya Global acquires the Israeli start-up NickNack for a few million dollars

Posted on Nov 19, 2021 by Ifi Reporter - Dan Bielski

Papaya Global acquires the Israeli start-up NickNack - a platform that helps connect and motivate employees remotely. It is estimated that the company was acquired for a few million dollars....

Startup Anyword has raised $ 21 million led by Innovation Endeavors

Posted on Nov 19, 2021 by Ifi Reporter - Dan Bielski

Startup Anyword has raised $ 21 million led by Innovation Endeavors, which is leading a second round of fundraising for the company and with the personal participation of senior executives at...

Ronen Elad, owner of the Shilav chain, purchased 50% of the shares in the Office Depot

Posted on Nov 18, 2021 by Ifi Reporter - Dan Bielski

Ronen Elad, owner of the Shilav chain, purchased 50% of the shares in the Office Depot office equipment chain. Elad will pay NIS 25 million for the shares to Rani Zim, the chain's owners. The...

Tiv Ta'am third-quarter reports: Revenues grew by 5.1% and amounted to NIS 410.9 million

Posted on Nov 18, 2021 by Ifi Reporter - Dan Bielski

Tiv Ta'am presented its third-quarter reports, which indicated growth in all parameters. The stock is rising about 5 percent on the Tel Aviv Stock Exchange. Revenues in the third quarter...

Israel Canada real estate profit: NIS 204 million compared with NIS 4 million last year

Posted on Nov 18, 2021 by Ifi Reporter - Dan Bielski

The Israel Canada real estate company, controlled by Barak Rosen and Assi Tochmeier, publishes strong results for the third quarter of 2021. The source of the good results is growth in income...

Significant improvement in profit: in Q3 net earnings amounted to NIS 416 million

Posted on Nov 18, 2021 by Ifi Reporter - Dan Bielski

A good chord in the financial statements published by Migdal. In the first nine months of 2021, a total profit of NIS 983 million was recorded, compared with a total loss of NIS 13 million in the...

: The start-up company Fieldin announced the acquisition of another Israeli start-up - Midnight Robotics

Posted on Nov 17, 2021 by Ifi Reporter - Dan Bielski

Intra-Israeli acquisition in the field of agrotech (agricultural technology): The start-up company FIELDIN, which developed a system for managing agricultural activity, announced today (Wednesday)...

ZIM reports record results for the third quarter of 2021: net income of $ 1.46 billion

Posted on Nov 17, 2021 by Ifi Reporter - Dan Bielski

ZIM reports record results for the third quarter of 2021: net income of $ 1.46 billion and adjusted EBITDA of $ 2.08 billion. The Company has announced a transition to a quarterly dividend...

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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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