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

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Milotel Expands Distribution: French Fries to Hit Carrefour Shelves Nationwide

Posted on Aug 11, 2025 by Ifi Reporter - Dan Bielski

"Milotel" , the Israeli manufacturer of French fries and frozen vegetables, is expanding its footprint in the retail market and has signed a new distribution agreement with Carrefour...

Partner Communications Reports Strong Q2 2025 Results: Profit Up 26%, Cash Flow Nearly Doubled

Posted on Aug 11, 2025 by Ifi Reporter - Dan Bielski

Partner Communications Group published its financial results for the second quarter of 2025, reporting strong growth across all major profitability indicators. The company saw a 26% increase in...

Tel Aviv Court Rules IKEA Israel Must Pay Tax on Franchise Fees to Global Parent Company

Posted on Aug 8, 2025 by Ifi Reporter - Dan Bielski

The Tel Aviv District Court has ruled that  IKEA Israel must pay tax on franchise fees  transferred to its global parent company, rejecting the company's claim that these payments...

Changan Launches Strategic Consolidation Under "China Changan Automobile Group Co., Ltd."

Posted on Aug 5, 2025 by Ifi Reporter - Dan Bielski

Changan , one of the world's largest and most advanced automobile manufacturers, has announced the consolidation of all global operations under a new umbrella entity: China Changan...

Ituran Launches Keyless Vehicle Security System with Biometric ID

Posted on Jul 31, 2025 by Ifi Reporter - Dan Bielski

Ituran, a leader in automotive technology, has unveiled Ituran KEY —a next-generation vehicle security system that replaces traditional keypad codes with advanced biometric...

Severe Winter Drought Devastates Israeli Agriculture - 50% Drop in Rainfall Leads to Major Crop

Posted on Jul 30, 2025 by Ifi Reporter - Dan Bielski

The winter of 2024–25 brought one of the most severe droughts in recent decades to Israel, with rainfall levels dropping by approximately 50% compared to the multi-year average in most...

Ofek Aerial Photography Launches One of the World’s Most Advanced Aerial LiDAR Systems

Posted on Jul 30, 2025 by Ifi Reporter - Dan Bielski

Ofek Aerial Photography, Israel’s leading company in spatial mapping and geographic photography, has announced the launch of one of the most advanced aerial LiDAR systems in the world. The...

Partner Communications and McDonald’s Israel Sign Major Deal to Upgrade 240 Branches to Fiber Optic Network

Posted on Jul 30, 2025 by Ifi Reporter - Dan Bielski

Partner Communications Group and McDonald's Israel announced today a strategic five-year agreement to upgrade approximately 240 McDonald's branches across the country to high-speed fiber...

Klil and Ort Marom School Partner to Support Acre’s Needy Families Through Skilled Youth Training

Posted on Jul 30, 2025 by Ifi Reporter - Dan Bielski

Klil Industries, a leading aluminum company based in Karmiel, has partnered with Ort Marom School in Acre in a meaningful social contribution project that blends vocational training, community...

Houthi Missile Intercepted Over Central Israel; No Casualties Reported

Posted on Jul 30, 2025 by Ifi Reporter - Dan Bielski

Air raid sirens sounded across central Israel on Tuesday evening following a missile launch from Yemen, marking the latest escalation by the Iranian-backed Houthi rebels. The Israel Defense...

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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 →

Hadas Water Launches Under-Sink Purified Water System With Special Shabbat Mechanism

Mar 10, 2026 by Ifi Reporter - Dan Bielski

Hadas Water , one of Israel’s leading companies in the development and production of purified water bars, has introduced a new under-sink system that dispenses both hot and cold purified water and includes a unique mechanism designed for use on Shabbat.... Continue reading →

Survey: Majority of Israeli Opinion Leaders Say Rami Levy Offers Cheapest Passover Shopping Basket

Mar 10, 2026 by Ifi Reporter - Dan Bielski

A new survey conducted by the Geocartography Survey Institute found that a majority of Israeli opinion leaders believe the Rami Levy Hashikma Marketing supermarket chain offers the cheapest shopping basket for Passover. According to the survey, 62% of... Continue reading →

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