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

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Partner profit in the second quarter of 2021 totaled NIS 2.6 million

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

Partner Communications, a leading Israeli communications provider, announced today its results for the quarter ended June 30, 2021. Commenting on the results for the second quarter 2021, Mr. Avi...

Israel Railways: profit in the second quarter of 2021 was NIS 2.6 million compared with a loss of NIS 4 million

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

Israel Railways published its financial data for the second quarter of 2021. The Railway report shows a positive trend of the government company, even if the changes are not very large: the...

ZIM Integrated Shipping Services: Net income for the second quarter was $ 888 million

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

ZIM Integrated Shipping Services published its business results, on a consolidated basis, for the second quarter and first half of 2021. In the past year, we seem to have become accustomed to...

EdgeConneX acquires Global Data Center from Herzliya - transaction is estimated at $ 300-400 million

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

EdgeConneX, which specializes in the establishment and operation of data centers, acquires Global Data Center from Herzliya Pituach, which operates data centers in Israel. The companies did not...

Discount bank 2nd Q: net profit of NIS 1.52 billion

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

Discount Bank publishes very strong results for the second quarter and the first half of 2021. Discount, managed by Uri Levin, ended the second quarter with a net profit of NIS 860 million,...

ICC Credit Card Company, controlled by Discount Bank, published good reports for the second quarter

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

ICC Credit Card Company, controlled by Discount Bank, published good reports for the second quarter of 2021. ICC, managed by Levy Halevi, enjoyed growth in its credit card use following the...

A cyber attack took place in at Bar Ilan University

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

A cyber attack took place in the afternoon (Sunday) at Bar Ilan University. An internal email sent by the computer unit at the institution described the case as follows: "At the moment,...

Central Bureau of Statistics: Number of new dwellings sold in June was 5,39

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

According to a survey published today (Sunday) by the Central Bureau of Statistics (CBS), the number of new dwellings sold in June was 5,391 - slightly higher than the monthly record set last...

Ormat continues to increase its backlog, to carry out projects and supply equipment to geothermal stations

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

Ormat Technologies continues to increase its backlog of orders, to carry out projects and supply equipment to geothermal stations. Ormat Technologies, managed by Doron Balsher, has won a contract...

Ormat continues to increase its backlog, to carry out projects and supply equipment to geothermal stations

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

Ormat Technologies continues to increase its backlog of orders, to carry out projects and supply equipment to geothermal stations. Ormat Technologies, managed by Doron Balsher, has won a contract...

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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 →

Former NBA Star Omri Casspi Raises $250 Million for Third Venture Fund

Sep 4, 2026 by Ifi Reporter - Dan Bielski

Former NBA player Omri Casspi has raised $250 million for the third fund of his venture capital firm, Swish Ventures, marking another major milestone in his transition from professional basketball to the technology investment world. The new fund brings Swish Ventures' total assets... Continue reading →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →

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