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

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Hewlett Packard Enterprise acquires the Israeli company Zerto for $ 374 million in cash

Posted on Jul 1, 2021 by Ifi Reporter - Dan Bielski

Hewlett Packard Enterprise (HPE) acquires the Israeli company Zerto for $ 374 million in cash, the company announced. Zerto is engaged in the field of managing and protecting cloud data from...

The Israeli fintech company Melio is opening a branch in Denver

Posted on Jul 1, 2021 by Ifi Reporter - Dan Bielski

The Israeli fintech company Melio, which develops a payment platform that serves small businesses in the United States, is opening a branch in the city of Denver, Colorado, in order to get closer...

Imposed: financial sanction in the amount of NIS 350,000 on Excellence

Posted on Jul 1, 2021 by Ifi Reporter - Dan Bielski

The Committee for the Imposition of a Financial Sanction under the Anti-Money Laundering Law imposed a financial sanction in the amount of NIS 350,000 on money laundering violations on Member of...

Israeli Outbrain submitted a public prospectus and took a significant step towards an IPO on the NASDAQ

Posted on Jun 30, 2021 by Ifi Reporter - Dan Bielski

The Israeli company Outbrain submitted a public prospectus and took a significant step towards an IPO on the NASDAQ stock exchange. Outbrain revealed its financial performance in the prospectus...

IAI will upgrade Israeli produced Kfir planes for the Sri Lankan Air Force for $ 50 million

Posted on Jun 30, 2021 by Ifi Reporter - Dan Bielski

IAI will upgrade Kfir planes for the Sri Lankan Air Force for $ 50 million. The deal - which includes the return to fitness, refurbishment and improvement of Kfir aircraft for the Sri Lankan Air...

Price per liter of lead-free 95-octane gasoline will be NIS 6.31 per liter starting Wednesday

Posted on Jun 29, 2021 by Ifi Reporter - Dan Bielski

Fuel prices are rising - the Ministry of Energy updates that the price per liter of lead-free 95-octane gasoline will be NIS 6.31 per liter starting tomorrow (Wednesday) at NIS 6.31 - an increase...

Discount Bank will provide financing of NIS 200 million to the public transportation company Galim Hanegev

Posted on Jun 29, 2021 by Ifi Reporter - Dan Bielski

Discount Bank continues to expand its credit transportation business. The level of risk for banks in this area is considered low, and it yields stable flows over a long period of time. As part...

Agreed upon: adaptation grants for people aged 67 and over will continue for three months

Posted on Jun 29, 2021 by Ifi Reporter - Dan Bielski

A day before the expiration of the unpaid leave law, the Finance Committee is engrossed in a legislative marathon. This is in an attempt to legitimize the bill that will reduce the incentive for...

Minister of Transportation, Merav Michaeli, ordered the separation of the passengers from red countries at Ben Gurion Airport

Posted on Jun 29, 2021 by Ifi Reporter - Dan Bielski

The Minister of Transportation, Merav Michaeli, ordered the separation of the passengers from red countries at Ben Gurion Airport from the other passengers, and from today passengers from...

Ministry of Communications imposed fines of 1,021,570 on communications companies that exceeded response times

Posted on Jun 27, 2021 by Ifi Reporter - Dan Bielski

The Ministry of Communications imposed fines of 1,021,570 on communications companies that exceeded response times at the call centers. For the companies, these are small amounts. The highest...

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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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