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

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Even Caesar earned $ 1.7 million in the second quarter of 2021 compared to a loss of $ 6 million

Posted on Aug 5, 2021 by Ifi Reporter - Dan Bielski

Even Caesar, a company that makes quartz slabs for kitchen countertops, bathrooms and wall coverings, earned $ 1.7 million in the second quarter of 2021. This is compared to a loss of $ 6 million...

Playtica reported a slight increase in revenue in the second quarter of 2021

Posted on Aug 4, 2021 by Ifi Reporter - Dan Bielski

Playtica reported a slight increase in revenue in the second quarter of 2021 and defeated economists' forecasts. Its stock has soared more than five percent on Wall Street. Playtica develops...

Economics Knesset Committee passed an amendment on the rules for clearing checks

Posted on Aug 4, 2021 by Ifi Reporter - Dan Bielski

The Knesset's Economics Committee today passed another amendment - which is supposed to be the last - on the rules for clearing checks. This is an hour to complete a process that began in...

18 countries were defined as countries whose visit there requires isolation after returning to Israel

Posted on Aug 4, 2021 by Ifi Reporter - Dan Bielski

The Ministry of Health published today (Tuesday) a list of 18 countries that it seeks to define as countries whose visit requires isolation, including those vaccinated and recovering. The Labor,...

Greece, Germany, United States and France were aded to the list of countries that passengers who will return from them is obligated with isolation

Posted on Aug 3, 2021 by Ifi Reporter - Dan Bielski

The Labor, Welfare and Health Committee, headed by MK Efrat Reytan, today (Tuesday) approved, in light of the increase in morbidity, the addition of Greece, Germany, the United States and France...

Israeli chipmaker Tower eported revenue of $ 362 million in the second quarter - 17% increase

Posted on Aug 2, 2021 by Ifi Reporter - Dan Bielski

Israeli chipmaker Tower, which is traded on NASDAQ, reported revenue of $ 362 million in the second quarter, compared to analysts' expectations of revenue of $ 360 million, compared to $ 310...

Israeli chipmaker Tower eported revenue of $ 362 million in the second quarter - 17% increase

Posted on Aug 2, 2021 by Ifi Reporter - Dan Bielski

Israeli chipmaker Tower, which is traded on NASDAQ, reported revenue of $ 362 million in the second quarter, compared to analysts' expectations of revenue of $ 360 million, compared to $ 310...

Middle schools and high schools will be able to shorten the school week to five days

Posted on Aug 2, 2021 by Ifi Reporter - Dan Bielski

The Ministry of Education announced that middle schools and high schools that choose to do so will be able to shorten the school week to five days a week, Sunday through Thursday. Today, about a...

Pelephone and Bezeq International workers announced organizational measures

Posted on Aug 2, 2021 by Ifi Reporter - Dan Bielski

The Alpha Workers' Committee announced organizational measures at Pelephone and Bezeq International. This follows what they define as "continued unilateral conduct on the part of...

The Governor of the Bank of Israel, Amir Yaron, welcomes the approval of the state budget

Posted on Aug 2, 2021 by Ifi Reporter - Dan Bielski

The Governor of the Bank of Israel, Amir Yaron, welcomes the approval of the state budget in the government and says, "It is good that a budget has finally been approved by the government...

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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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