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

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Dutch Government Declares Israeli Ministers Smotrich and Ben Gvir "Persona Non Grata" Over Gaza Policy

Posted on Jul 29, 2025 by Ifi Reporter - Dan Bielski

  In a dramatic diplomatic escalation, Dutch Foreign Minister Caspar Waldekamp announced Monday night that the Netherlands has officially declared Israeli ministers Bezalel Smotrich and...

Ituran Launches Biometric Vehicle Security System, Replacing Traditional Keypads

Posted on Jul 27, 2025 by Ifi Reporter - Dan Bielski

Ituran , a leader in automotive technology, has unveiled Ituran KEY , a revolutionary biometric vehicle security system that eliminates the need for traditional keypads and access codes. The...

Director of Prime Minister's "Wing Zion" Aircraft Dismissed Amid Dispute Over Operational Authority

Posted on Jul 27, 2025 by Ifi Reporter - Dan Bielski

Lt. Col. (res.) Eitan Liel , director of the Prime Minister’s "Wing Zion" aircraft , has been unexpectedly dismissed from his post, just days after accompanying Prime Minister...

“It’s Not Just French Fries”: Milotel and Chef Tom Aviv Launch Gourmet Chip Experience in Tel Aviv

Posted on Jul 27, 2025 by Ifi Reporter - Dan Bielski

Milotel , one of Israel’s leading French fries manufacturers, has partnered with celebrity chef Tom Aviv for a groundbreaking culinary venture titled “It’s Not Just French...

IDF Announces Death of Reserve Sgt. Maj. Bezalel Masabkar from Gaza Blast Injuries

Posted on Jul 26, 2025 by Ifi Reporter - Dan Bielski

The Israel Defense Forces (IDF) confirmed Saturday night the death of Reserve Senior Sgt. Maj. Bezalel Yehoshua Masabkar (32) , who succumbed to wounds sustained during combat in southern Gaza....

Suspected Car-Ramming Attack in Sharon: Eight Injured - Manhunt Underway

Posted on Jul 24, 2025 by Ifi Reporter - Dan Bielski

A suspected car-ramming terror attack occurred Thursday morning near Kfar Yona in the Sharon region, leaving eight people injured , five of them in moderate condition , and three lightly...

Israel Railways CEO Moshe Zhena Resigns Amid Criticism Over Electrification Project Delays

Posted on Jul 23, 2025 by Ifi Reporter - Dan Bielski

 Moshe (Shiko) Zhena, CEO of Israel Railways, announced his resignation during a meeting of the company’s board of directors, marking the end of his two-year tenure. The announcement...

Armis Security Completes $100 Million Secondary Round, Valuation Rises to $4.5 Billion

Posted on Jul 23, 2025 by Ifi Reporter - Dan Bielski

Cybersecurity leader Armis Security has completed a $100 million secondary share sale , raising its company valuation to $4.5 billion , up from $4.3 billion in its previous funding round last...

Lufthansa Group to Resume Flights to Israel Starting August 1st: Initial Schedule Includes 44 Weekly Flights

Posted on Jul 23, 2025 by Ifi Reporter - Dan Bielski

The Lufthansa Group, which includes Lufthansa, SWISS, Austrian Airlines, Brussels Airlines, Eurowings, and Lufthansa Cargo, announced on Tuesday that it will gradually resume operations to and...

Dynamic Staffing Expands Operations in Israel’s Industrial Sector

Posted on Jul 22, 2025 by Ifi Reporter - Dan Bielski

 Dynamic Staffing Services (Dynamic), India’s largest international skilled workforce recruitment agency, has expanded its operations in Israel beyond the construction sector to now...

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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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