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

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Nice Q3 revenue (Non-GAAP) increased by about 20% to $ 494.4 million

Posted on Nov 11, 2021 by Ifi Reporter - Dan Bielski

Nice closed a strong quarter and with it it raises forecasts for the entire year. In response to reports and rising forecasts, the stock is soaring more than 9% in New York. The company's...

Outbrain reports a 40% increase in revenue in the third quarter of 2021

Posted on Nov 11, 2021 by Ifi Reporter - Dan Bielski

Outbrain reports a 40% increase in revenue in the third quarter of 2021 and raises revenue forecasts for the full year. Outbrain's total revenue was $ 250 million, above analysts'...

Ashtrom Renewable Energy and Canlov Renewable Energy will ib solar projects

Posted on Nov 11, 2021 by Ifi Reporter - Dan Bielski

Ashtrom Renewable Energy from the Ashtrom Group and Canlov Renewable Energy have signed an investment agreement and a collaboration with an American entrepreneur who specializes in solar...

Israelis' daily spending on credit cards increased by 10.1% in October, compared with NIS 1.136 billion in September

Posted on Nov 11, 2021 by Ifi Reporter - Dan Bielski

Israelis' daily spending on credit cards increased by 10.1% in October, compared with NIS 1.136 billion in September. This month also saw an increase in the volume of online purchases and...

Rabbi Israel Ifergan will pay tax on income of about NIS 30 million

Posted on Nov 10, 2021 by Ifi Reporter - Dan Bielski

Rabbi Israel Ifergan (the X-ray) will pay tax on income of about NIS 30 million, after a tax appeal he filed with the Tel Aviv District Court - was largely rejected. Ifergan appealed the...

tory for the self-employed: social benefits that employees receive such as unemployment benefits will be given

Posted on Nov 10, 2021 by Ifi Reporter - Dan Bielski

History for the self-employed. On Wednesday afternoon, the Knesset plenum approved in a preliminary reading the Knesset Member Idit Silman's Deposits and Social Rights for the Self-Employed,...

IAI has signed an agreement to convert ten B737-800 passenger aircraft into a cargo configuration

Posted on Nov 9, 2021 by Ifi Reporter - Dan Bielski

IAI has signed an agreement to convert ten B737-800 passenger aircraft into a cargo configuration for World Star Aviation. The conversion of the aircraft, which has a financial volume of tens of...

The most customer-friendly bank in the Corona year was Bank Leumi

Posted on Nov 9, 2021 by Ifi Reporter - Dan Bielski

About 10,500 requests for information and complaints against the banks were submitted to the Supervisor of Banks in 2020 - a record number in the last five years. This increase is due, among...

Maxine Fesberg as chairman of Netivei Ayalon was approved by the Public Service Appointments Committee

Posted on Nov 9, 2021 by Ifi Reporter - Dan Bielski

The appointment of Maxine Fesberg as chairman of Netivei Ayalon was approved this evening by the Public Service Appointments Committee headed by Judge Bilha Gilour. Fesberg is the candidate of...

Elbit Systems has won a $ 100 million contract from Babcock, a British Navy supplier

Posted on Nov 9, 2021 by Ifi Reporter - Dan Bielski

Elbit Systems has won a $ 100 million contract from Babcock, a British Navy supplier with new electronic warfare capabilities, as part of the first Maritime Electronic Warfare Integrated...

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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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