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

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Shikun VeBinui submitted an offer to purchase 50% of Egged's shares

Posted on Nov 2, 2021 by Ifi Reporter - Dan Bielski

Last night, Shikun VeBinui submitted an offer to purchase 50% of Egged's shares. Shikun VeBinui's offer was submitted in equal partnership with the American fund Brookfield, which...

Shikun VeBinui submitted an offer to purchase 50% of Egged's shares

Posted on Nov 2, 2021 by Ifi Reporter - Dan Bielski

Last night, Shikun VeBinui submitted an offer to purchase 50% of Egged's shares. Shikun VeBinui's offer was submitted in equal partnership with the American fund Brookfield, which...

IPO plan returns: Beit Bakfar sheltered housing chain has submitted a prospectus to the Securities Authority

Posted on Nov 2, 2021 by Ifi Reporter - Dan Bielski

The IPO plan returns to the table: The Beit Bakfar sheltered housing chain has submitted a prospectus to the Securities Authority ahead of an IPO in the coming weeks. Calcalist has learned that...

The Securities Authority announced the establishment of a "35+" forum to promote gender balance on the boards of directors

Posted on Nov 1, 2021 by Ifi Reporter - Dan Bielski

The Securities Authority announced the establishment of a "35+" forum to promote gender balance on the boards of directors of reporting corporations in Israel, mutual fund management...

Teva unveiled the results of the clinical trial in the third and crucial phase of the new version of the drug Risperidone

Posted on Nov 1, 2021 by Ifi Reporter - Dan Bielski

This weekend, Teva unveiled the results of the clinical trial in the third and crucial phase of the new version of the drug Risperidone that it is developing, and is intended for the treatment of...

Hilan software services company acquires "hashavshevet" for NIS 210 million

Posted on Oct 31, 2021 by Ifi Reporter - Dan Bielski

Hilan is embarking on a new, large, and substantial deal: the software services company reported that it has signed a memorandum of understanding to purchase the "hashavshevet" company...

Delta Brands ended the third quarter with an increase of 12% in the quarter to NIS 210.8 million

Posted on Oct 31, 2021 by Ifi Reporter - Dan Bielski

Delta Brands, which operates the Delta and FIX lingerie chains, ended the third quarter with an increase in sales and profits. The company improved its gross and operating profitability rates and...

The artificial intelligence company Evolution Water has begun a presentation ahead of a $ 5 million round of funding

Posted on Oct 30, 2021 by Ifi Reporter - Dan Bielski

The artificial intelligence company Evolution Water has begun a presentation ahead of a $ 5 million round of funding, which will be led by a state-owned international investment company. The...

800 new housing units will be built in the Gilo neighborhood of Jerusalem

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

800 new housing units will be built in the Gilo neighborhood of Jerusalem, in 2 35-story towers and two more 17-story towers. At the same time, 2 buildings will be built in the Kiryat Hayovel...

Check Point reported: Revenue grew by 4.9% and amounted to $ 534 million

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

Israeli information security giant Check Point reported its results for the third quarter of 2021 with an improvement in the revenue line but a decline in the profit line. In both parameters,...

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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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