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

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Union of Lawyers will hold sanctions through information meetings during work time in government ministries

Posted on Jul 9, 2021 by Ifi Reporter - Dan Bielski

From this Sunday (11.7), the Union of Lawyers will hold information meetings in government ministries in preparation for planned organizational measures. This follows the announcement by the...

Approved: f a class action lawsuit against Leumi Card regarding termination of the exemption from the card fee

Posted on Jul 9, 2021 by Ifi Reporter - Dan Bielski

The Central District Court approved the filing of a class action lawsuit against Leumi Card (now Max). In doing so, the court in effect approved the management of the claim as a class action...

Partner: launching a surfing package with speeds of up to 3 GB

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

A little more than a flash: Partner announced today (Thursday) that it is launching a surfing package with speeds of up to 3 GB. The package includes infrastructure and Internet access at a price...

. Alpha Tau is merging with the American Healthcare Capital Corp., at a value of $ 1 billion

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

An Israeli biomed company is taking advantage of the booming mergers market of recent months. Alpha Tau, which develops treatment for cancerous tumors using alpha radiation, is merging with the...

CEO of the largest fund in Israel, Clalit Prof. Ehud Dodson announces his resignation

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

A day after a new CEO of Maccabi Health Services was elected, the CEO of the largest fund in Israel, Clalit, announces his resignation. Prof. Ehud Dodson announced today (Thursday) his retirement...

Nice acquired ContactEngine from the United Kingdom, for an undisclosed amount

Posted on Jul 7, 2021 by Ifi Reporter - Dan Bielski

NICE, which develops software systems for managing customer service centers and preventing financial fraud, acquired ContactEngine from the United Kingdom, for an undisclosed amount....

Israel post company reports a 32% increase in the number of packages and 56% in their weight

Posted on Jul 7, 2021 by Ifi Reporter - Dan Bielski

The Israel post company reports a 32% increase in the number of packages and 56% in their weight, compared to the first half of 2020. Tel Aviv residents ordered 1.9 million packages, but the peak...

For the first time in its history: srael crossed the $ 200 billion threshold in foreign exchange reserves

Posted on Jul 7, 2021 by Ifi Reporter - Dan Bielski

For the first time in its history, Israel crossed the $ 200 billion threshold in foreign exchange reserves held by the Bank of Israel. This is a new record since the establishment of the state in...

Elbit Systems raised NIS 1.9 billion at the institutional tender

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

Elbit Systems completed raising NIS 1.9 billion at the institutional tender stage by issuing three series of bonds. The raising, one of the largest in an Israeli company, is intended to support...

Ministry of Communications will impose a fine on Hot of NIS 6 million

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

The Ministry of Communications announced today (Monday) that it will impose a NIS 6 million fine on HOT, after it created difficulties for Internet access providers (ISPs) without infrastructure,...

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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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