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

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Celcom wants to join the Electricity market

Posted on Jun 16, 2021 by Ifi Reporter - Dan Bielski

A study conducted by Cellcom and the Energy Economy shows that about 70% of consumers are willing to switch to another supplier other than the electricity company. 81% of customers expressed their...

Exphone communications was sold by businessman Hezi Bezalel to the Canadian Reichman family for NIS 330 million

Posted on Jun 15, 2021 by Ifi Reporter - Dan Bielski

The Exphone communications company, which operates the we4G cellular brand and the Internet and international calls company Exphone communications 018, was sold by businessman Hezi Bezalel to the...

HOT lowers the prices of its Internet packages by tens of shekels

Posted on Jun 15, 2021 by Ifi Reporter - Dan Bielski

HOT lowers the prices of its Internet packages by tens of shekels: HOT has launched new online promotions for only three months, but even at the end of the promotions, the monthly cost remains...

Bluebird, owned by IAI completed the delivery of 100 UAV's to a European Army

Posted on Jun 15, 2021 by Ifi Reporter - Dan Bielski

Bluebird, owned by IAI (50%), has completed the delivery of 100 unmanned aerial vehicles (UAVs) of the WanderB-VTOL type to a European Army. Fixed wing drones delivered to any customer. UAVs...

report: designated finance minister, Avigdor Lieberman intends to appoint Ram Blinkov to the post of director general

Posted on Jun 12, 2021 by Ifi Reporter - Dan Bielski

The designated finance minister, Avigdor Lieberman, intends to appoint Ram Blinkov to the post of director general of the Ministry of Finance - this was reported tonight (Saturday) in News 13....

Social Security data: 431,000 people who are on unpaid leave will still receive unemployment benefits

Posted on Jun 11, 2021 by Ifi Reporter - Dan Bielski

According to Social Security data, in May, 431,000 unemployed people who have been fired or are on unpaid leave will still receive unemployment benefits. This is compared to half a million...

Electra Real Estate has raised $ 285 million to Fund Housing Files in the Southeastern United States

Posted on Jun 11, 2021 by Ifi Reporter - Dan Bielski

Electra Real Estate, part of the Elco Group and managed by Gil Roshink, has raised $ 285 million to Fund Housing Files in the Southeastern United States over the past year and a half. In...

The volume of credit card purchases in May was NIS 33.3 billion, a jump of 17.3%

Posted on Jun 11, 2021 by Ifi Reporter - Dan Bielski

The recovery from the corona plague and the subdued demand that has accumulated during the crisis continue to set the tone when it comes to the use of credit cards and cash withdrawals. Even the...

Pelephone: in a short time we will cross the 500,000 5th generation lines

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

Pelephone reports today that hundreds of thousands of the company's customers have a 5th generation package, the monthly rate of joining Pelephone's 5th generation packages indicates that...

Interior Minister Aryeh Deri decided to cancel the decision to merge Tel Aviv and Bat-Yam

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

Interior Minister Aryeh Deri informed Tel Aviv Mayor Ron Huldai and Bat Yam Mayor Zvika Brut that he had decided to cancel his 2017 decision to merge the two authorities into one municipal...

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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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