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

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David Brodet, chairman of El Al resigns

Posted on May 23, 2021 by Ifi Reporter - Dan Bielski

David Brodet, chairman of El Al, announced this morning (Sunday) to the company's board of directors his decision to resign. David Brodet took office after the Eagles' Wings Company...

Ministry of Transportation started to operate "People's Price List"

Posted on May 23, 2021 by Ifi Reporter - Dan Bielski

The Ministry of Transportation started today (Sunday) the "People's Price List" - an Internet system that allows you to check the real market price of various used vehicles. In the...

Michal Halperin is in charge of the Competition Authority will retire on August 1st

Posted on May 23, 2021 by Ifi Reporter - Dan Bielski

Michal Halperin, who is in charge of the Competition Authority, announced today (Sunday) that she will retire on August 1, six months before the end of her six-year term, which she has held since...

Trains will now operate on Saturdays until late in the evening

Posted on May 23, 2021 by Ifi Reporter - Dan Bielski

The trains will now operate on Saturdays until late in the evening, after their operating hours have been reduced due to security tensions in Israel. During the week, the operating hours on the...

People's Price List database operated by the Ministry of Transportation - Starts Sunday

Posted on May 23, 2021 by Ifi Reporter - Dan Bielski

From today, it is possible to enter the People's Price List database operated by the Ministry of Transportation and check the real market price of vehicles, according to reported transactions....

Rafael ecruits about 600 people each year - but falls short compared to multinational companies

Posted on May 23, 2021 by Ifi Reporter - Dan Bielski

At the end of April, Raphael, the maker of Iron Dome, completed a NIS 805 million fundraising issue for institutional bonds. Iron Dome batteries intercepted more than 1,000 rockets launched into...

Property tax data from the Tax Authority show that a total of 5,245 claims were filed

Posted on May 22, 2021 by Ifi Reporter - Dan Bielski

Ashkelon is the city most hit by missile fire on Israel in Operation Wall Guard. To date, 1,087 claims for damages have been filed in the most bombed-out city. It is followed by Ashdod with 359...

El Al. reported revenue of $ 116.8 million in the first quarter of 2021 - Decrease of 64%

Posted on May 22, 2021 by Ifi Reporter - Dan Bielski

The corona continues to hit El Al. It reported revenue of $ 116.8 million in the first quarter of 2021, compared to about $ 320.8 million in the first quarter last year, a fall of 64%. However,...

Damages due to the war with Hamas will amount to NIS 300 million

Posted on May 21, 2021 by Ifi Reporter - Dan Bielski

Operation Guardian of the Walls lasted 12 days, less than a quarter of Operation Resilient Cliff in 2014, but is expected to rise to the Compensation-Property Tax Fund even more. A statement from...

Fimi fund acquired 80% of Gal Shevab's shares for $ 100 million

Posted on May 20, 2021 by Ifi Reporter - Dan Bielski

The Fimi fund controlled and managed by Yishai Davidi, is deepening its involvement in the field of semiconductors. The fund acquired 80% of Gal Shevab's shares for $ 100 million and will...

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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 →

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 →

SACHEK NA Introduces New 3D Plastic Puzzle Collection Featuring Iconic Cars

Aug 25, 2026 by Ifi Reporter - Dan Bielski

Israeli toy and puzzle company SACHEK NA, owned by Meir Klughaft and Yossi Bar-On, is introducing a new collection of 3D plastic vehicle puzzles, combining traditional puzzle assembly with three-dimensional model building. From Porsche and Ferrari to the Harry Potter Bus The new... Continue reading →

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