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

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ADI Systems introduces a new system that helps heavy vehicle drivers and buses identify objects

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

Servzin-ADI Systems, which specializes in the development, marketing and sale of advanced vehicle safety systems, introduces a new system - a BSIS system that helps heavy vehicle drivers and...

An electric taxi accessible to people with disabilities will soon start operating in Tel Aviv

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

An electric taxi that is completely accessible to people with disabilities will soon start operating in the city of Tel Aviv-Yafo. Ahead of the launch of the London taxi, which will also operate...

The investment in China hurts return of Altshuler Shaham's education fund - Plunged 1.64% in September

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

The investment in China continues to harm the largest continuing education fund in Israel in an extreme way. Altshuler Shaham's continuing education fund, which manages almost NIS 58 billion,...

Ministry of Justice decided to grant a debt exemption of NIS 65 million to ICL

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

About two years after the Water Court ruled that the Water Law applies to the production activities of the Dead Sea Works, and ostensibly paved the way for charging the company for the water, the...

"Enerpoint" has established a new logistics center in the industrial area of ​​Kfar Saba

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

"Enerpoint", one of the leading companies in the field of installing solar energy systems on roofs in the private sector and the business sector, has established a new logistics center...

Approved: Exphon's debt settlement for creditors - 2/3 will be sold to Clearmark

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

Exphon's debt settlement for creditors: Judge Irit Weinberg-Notowitz of the Lod District Court approved the purchase of Marathon 018 (Exphon's cellular activity) by the Clearmark...

Medtronic acquires the Israeli company Triple Jump for about $ 300 million

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

The medical device giant Medtronic acquires the Israeli company Triple Jump, which develops an insulin pump for diabetics, for about $ 300 million. In September 2020, the company raised $ 20...

A huge fire broke out on Saturday in the Z Center shopping complex in Qalansawa

Posted on Oct 16, 2021 by Ifi Reporter - Dan Bielski

A huge fire broke out on Saturday in the Z Center shopping complex in Qalansawa in Sharon. Many firefighters rushed to the scene but found it difficult to reach the compound due to congestion....

Bank Hapoalim raises $ 1 billion in a private placement of green COCO bonds

Posted on Oct 15, 2021 by Ifi Reporter - Dan Bielski

Bank Hapoalim raises $ 1 billion in a successful international private placement of green COCO bonds, for the first time in Israel. Against the background of the Bank's accelerated growth...

Nofar Energy reported that it has raised NIS 555 million

Posted on Oct 15, 2021 by Ifi Reporter - Dan Bielski

Nofar Energy reported that it has raised NIS 555 million as part of an allotment of new shares amounting to approximately 19% of its share capital. Altshuler Shaham Investment House and the...

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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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