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

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The shekel weakened significantly today against the major currencies and made purchases of foreign currency

Posted on Aug 25, 2021 by Ifi Reporter - Dan Bielski

The shekel weakened significantly today against the major currencies, while the Bank of Israel, according to estimates, makes purchases of foreign currency, in order to prevent the continued...

Gazit Globe will establish a long-term rental project, the first of its kind in Israel

Posted on Aug 24, 2021 by Ifi Reporter - Dan Bielski

Gazit Globe will establish a long-term rental project, the first of its kind in Israel. The company won a tender from the government company to rent an apartment for the construction of 247...

Ministry of Finance: El Al will get an infusion of $ 150 million through convertible bonds

Posted on Aug 24, 2021 by Ifi Reporter - Dan Bielski

The Ministry of Finance has completed the formulation of the non-super-aid scheme, which includes, not to be surprised, an infusion of $ 150 million through convertible bonds that do not pay...

Moshe Rosenblum, CEO of Ofer Malls and Deputy CEO of Melisron - resigns

Posted on Aug 24, 2021 by Ifi Reporter - Dan Bielski

Moshe Rosenblum, CEO of Ofer Malls and Deputy CEO of Melisron, resigns after 12 years of operation Moshe played a significant role in charting the company's strategy and vision, among other...

The serological examination for children: Problems continue including long queues

Posted on Aug 24, 2021 by Ifi Reporter - Dan Bielski

Even on the third day of the serological examination for children, the many problems continue, including long queues that can lead to infection, lack of equipment and lack of preparation....

Migdal Insurance Company will invest NIS 800 million in Sundix

Posted on Aug 23, 2021 by Ifi Reporter - Dan Bielski

Migdal Insurance Company has announced an investment of NIS 800 million in Sundix, which specializes in the development and operation of solar projects. The investment in the company will be made...

Lower-than-expected rate of 12-3 year old students carrying corona virus

Posted on Aug 23, 2021 by Ifi Reporter - Dan Bielski

Lower-than-expected rate of 12-3 year old students carrying corona virus. Thus, according to preliminary data obtained today (Monday) from the results of serological tests performed on children....

Audit operation was conducted in the meat and domestic catering services industry

Posted on Aug 23, 2021 by Ifi Reporter - Dan Bielski

The corona year in which it is already known that tax evasion has intensified in the various industries, due to the small number of raids by tax investigators in the field. The tax authority...

Full approval from the FDA: for the corona vaccine from the American pharmaceutical giant Pfizer

Posted on Aug 23, 2021 by Ifi Reporter - Dan Bielski

First vaccine receives full approval from the FDA: The US Food and Drug Administration on Monday granted full approval for the corona vaccine from the American pharmaceutical giant Pfizer and...

The government has approved the appointment of Yogev Gardos as budget director

Posted on Aug 22, 2021 by Ifi Reporter - Dan Bielski

The government has approved the appointment of Yogev Gardos as budget director at the Ministry of Finance. Gardos, who has been acting budget commissioner since September 2020, was appointed by...

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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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