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

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Time Magazine: Prime Minister Naftali Bennett is one of the 100 Most Influential People

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

Prime Minister Naftali Bennett was elected today (Wednesday) to Time Magazine's list of the 100 Most Influential People in the World in 2021. The page describing the reasons for choosing...

Israeli fintech company Pagaya signed a merger with Spack tonight at a value of $ 8.5 billion

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

A huge deal in Israeli high-tech. The fintech company Pagaya, which operates in the growing field of providing credit and valuing financial assets, signed a merger with Spack tonight at a value...

The Israeli fintech company Melio raised $ 250 million in a Series D round

Posted on Sep 14, 2021 by Ifi Reporter - Dan Bielski

The Israeli fintech company Melio raised $ 250 million in a Series D round. The company tripled its value to $ 4 billion after the money, three times the value of the company in the previous...

City Ventures and Goldman Sachs invest in Israeli Transmit Security

Posted on Sep 14, 2021 by Ifi Reporter - Dan Bielski

Transmit Security reveals two other significant investors in the same round: City Ventures, the investment arm of Citi and Goldman Sachs, who also took part in the same investment, which was...

A study by VpnMentor: two criminal organizations designed to carry out phishing operations in Israel

Posted on Sep 14, 2021 by Ifi Reporter - Dan Bielski

A study by vpnMentor, led by Noam Rotem, the company's head of cyber research and hacker Ethi, found two criminal organizations designed to carry out phishing operations in Israel and France,...

Housing price index completes an increase of 8% in the last 12 months

Posted on Sep 14, 2021 by Ifi Reporter - Dan Bielski

The housing price index completes an increase of 8% in the last 12 months, according to CBS data. Estimates that 2021 will end with a rise of more than 10% in housing prices - are becoming more...

Gilat has signed a $ 12 million contract for the operation and maintenance of a broadband communications network

Posted on Sep 13, 2021 by Ifi Reporter - Dan Bielski

Gilat, which develops and markets satellite communications products and services, continues to increase its recurring revenue component: The company, managed by Adi Tzafdia, has signed a $ 12...

Keshet's communications group has set up an investment fund called Stardom

Posted on Sep 12, 2021 by Ifi Reporter - Dan Bielski

Keshet continues to deepen its ties with Israeli high-tech: Keshet's communications group has set up an investment fund called Stardom, which has raised $ 65 million. The fund will invest in...

Isracard continues to look for new growth engines: establishes a joint venture to provide consumer credit

Posted on Sep 12, 2021 by Ifi Reporter - Dan Bielski

The credit card company Isracard continues to look for new growth engines after its separation from Bank Hapoalim. Isracard, which is in a period of transition ahead of the inauguration of the...

A 36-year-old Israeli woman who uses the "Tinder" claims discrimination on the basis of age

Posted on Sep 12, 2021 by Ifi Reporter - Dan Bielski

Does Tinder discriminate against 29+ people? A 36-year-old Israeli woman who uses the "Tinder" online dating platform claims in a request for approval of a class action lawsuit filed...

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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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