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

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First departure from Partner's management after Avi Zvi's appointment as CEO: Deputy CEO Yuval Keinan

Posted on May 14, 2021 by Ifi Reporter - Dan Bielski

First departure from Partner's management after Avi Zvi's appointment as CEO of the company yesterday - Deputy CEO Yuval Keinan announced his resignation from the company. This is the...

Decrease in spending on credit cards due to the war between Hamas and Israel

Posted on May 14, 2021 by Ifi Reporter - Dan Bielski

Decrease in spending on credit cards. According to data from Automated Banking Services, the director of the national credit card payment system, there has been a 14% decrease in the volume of...

Civil Aviation Authority ordered a significant reduction in the number of domestic flights

Posted on May 14, 2021 by Ifi Reporter - Dan Bielski

Following the escalation in the situation, last night (Friday) the Civil Aviation Authority (RTA) ordered a significant reduction in the number of domestic flights - from Ben Gurion Airport to...

IAI earned $ 42 million in the first quarter of 2021

Posted on May 13, 2021 by Ifi Reporter - Dan Bielski

IAI earned $ 42 million in the first quarter of 2021, an increase of 24% compared to the same quarter in 2020, despite a sharp decline in the revenues of two of its divisions. IAI's revenues,...

Walmart buys the Israeli start-up company Zeekit

Posted on May 13, 2021 by Ifi Reporter - Dan Bielski

American retail giant Walmart buys the Israeli start-up company Zeekit, which specializes in fashion. The company has developed technology for virtual measurement of clothes through an app or...

Partner Group appointed Avi Zvi as the CEO

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

The board of directors of the Partner Group appointed Avi Zvi as the CEO of the Partner Group. Zvi has gained rich experience in the field of communications and served as the CEO of Network 13 for...

One Technologies posted record first-quarter results - Matrix revenues rose by 13.8% to NIS 1.1 billion

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

One Technologies posted record first-quarter results after completing its Taldor acquisition this February. Revenues for the quarter grew by 52% to NIS 657 million and net profit increased by 70%...

Tower surpassed analysts 'forecasts: earned $ 28 million, which is 26 cents a share

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

Analog chip maker Tower surpassed analysts 'forecasts for its revenue and met earnings forecasts for the first quarter of 2021 and released a significantly better forecast than analysts'...

End of the labor dispute in IAI: wage increase of 3.5%

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

End of the labor dispute in IAI: The workers will receive the wage increases they agreed with the company's management and in return agreed to accelerate negotiations on a new employment...

"A few days of fighting will not be a problem for the Israeli economy"

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

All the heads of divisions in the Ministry of Finance held a discussion today (Wednesday) with Finance Minister Israel Katz in order to formulate an initial estimate of the cost to the state...

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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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