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

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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...

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...

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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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