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

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Agreed: new restrictions that will be approved by the Corona Cabinet Wednesday

Posted on Aug 10, 2021 by Ifi Reporter - Dan Bielski

Prime Minister Naftali Bennett and senior officials of the Ministry of Health agreed today (Tuesday) on new restrictions that will be approved by the Corona Cabinet tomorrow. As part of the...

The mortgage market in July: The public took new mortgages in the amount of NIS 11.5 billion

Posted on Aug 10, 2021 by Ifi Reporter - Dan Bielski

The mortgage market continues to show strong and exceptional results. The data published today (Tuesday) by the Bank of Israel shows that in July 2021, the public took out new mortgages in the...

Revenues from Gilat Satellite Networks $ 57 million in the second quarter of 2021

Posted on Aug 10, 2021 by Ifi Reporter - Dan Bielski

Revenues from Gilat Satellite Networks, the maker of satellite communications systems, totaled $ 57 million in the second quarter of 2021. This is a growth of 27% compared to the first quarter of...

EV MOTORS is joining the electric cars market in Israel

Posted on Aug 8, 2021 by Ifi Reporter - Dan Bielski

With the development of the modern electric vehicle market, and the electric revolution that is already being seen on Israeli roads, a new player is joining the field, which is currently...

Passengers on public transportation in Judea and Samaria will not suffer from price increases

Posted on Aug 8, 2021 by Ifi Reporter - Dan Bielski

Passengers on public transportation in Judea and Samaria will not suffer from price increases like most of the population - as stipulated in the Arrangements Law. Under the law, the Ministry of...

Former president Reuven Rivlin has been appointed president of Electrion an Israeli startup

Posted on Aug 8, 2021 by Ifi Reporter - Dan Bielski

Reuven (Ruby) Rivlin, the former president of the country, has been appointed president of Electrion, according to the company's report to the stock exchange. "Rivlin's role will...

The Israeli start-up company renovai has completed a $ 3.7 million round of funding

Posted on Aug 6, 2021 by Ifi Reporter - Dan Bielski

The Israeli start-up company renovai, which has developed a first-of-its-kind artificial intelligence-based interior design platform, has completed a $ 3.7 million round of funding led by...

Apollo investment fund is negotiating to acquire Partner

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

Apollo is the fund that is negotiating to acquire Partner. Apollo is one of the largest investment funds in the world and manages $ 455 billion. It employs 1,700 people in 15 countries where...

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...

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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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