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

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Missile has been Fired from Yemen and Triggers Alarms Across Southern Israel

Posted on Jun 28, 2025 by Ifi Reporter - Dan Bielski

Air raid sirens sounded Saturday morning in multiple communities across southern Israel following the launch of a missile from Yemen. The Israel Defense Forces (IDF) confirmed that the missile...

Nur Amar has been Appointed as Chairman of the Eilat Hotel Association

Posted on Jun 28, 2025 by Ifi Reporter - Dan Bielski

Nur Amar, CEO of the Club Hotel chain, has been elected Chairman of the Eilat Hotel Association, the organization announced this week. Amer brings more than three decades of experience in the...

Netanyahu Declares “Historic Victory” After Ceasefire with Iran, Amid Tensions with Trump

Posted on Jun 24, 2025 by Ifi Reporter - Dan Bielski

Prime Minister Benjamin Netanyahu delivered a televised address Tuesday evening, just hours after a ceasefire between Israel and Iran went into effect, marking the end of Operation "Am...

Government Unveils War Compensation Plan for Businesses and Employees

Posted on Jun 23, 2025 by Ifi Reporter - Dan Bielski

The Ministry of Finance , together with the Histadrut and representatives from the business sector , today (Sunday) presented a new economic compensation outline to support businesses and...

Sharp Decline in Building Permits and Completions Despite Annual Growth in Construction Starts

Posted on Jun 22, 2025 by Ifi Reporter - Dan Bielski

Israel’s construction sector saw 17,318 new housing starts in the first quarter of 2025 , marking a 12% decrease compared to the previous quarter, but a 6.5% increase...

Consumer Spending Plummets 27% in the First Week of the War with Iran

Posted on Jun 22, 2025 by Ifi Reporter - Dan Bielski

Consumer spending in Israel dropped sharply during the first week of the conflict with Iran , as Israelis heeded Home Front Command instructions and limited their movement. According to data...

Nationwide Protests Erupt Against War and for Return of Hostages

Posted on Jun 21, 2025 by Ifi Reporter - Dan Bielski

Dozens of protesters gathered across Israel on Saturday evening to demonstrate against the ongoing war and in support of the return of kidnapped Israeli citizens , despite heightened security...

Mercantile Bank Offers Financial Relief to Customers: Interest-free loans and credit extensions

Posted on Jun 18, 2025 by Ifi Reporter - Dan Bielski

In response to the ongoing impact of Operation "With a Dog" , Mercantile Bank has announced a series of financial relief measures for private and business customers affected by...

Ben Gurion Airport Closure Delays Arrival of 15,000 Foreign Construction Workers

Posted on Jun 17, 2025 by Ifi Reporter - Dan Bielski

Eldad Nitzan, Chairman of the Foreign Construction Corporations in Israel, warned that the ongoing closure of Ben Gurion Airport is preventing the arrival of 15,000 much-needed foreign...

IDF Officer Killed in Southern Gaza Blast; Several Soldiers Injured

Posted on Jun 16, 2025 by Ifi Reporter - Dan Bielski

Captain Tal Movshovitz , 28, from Me’ro’at , was killed Monday in an explosion that targeted an IDF Hummer vehicle in southern Gaza. The blast, which occurred during an operation...

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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 →

Hadas Water Launches Under-Sink Purified Water System With Special Shabbat Mechanism

Mar 10, 2026 by Ifi Reporter - Dan Bielski

Hadas Water , one of Israel’s leading companies in the development and production of purified water bars, has introduced a new under-sink system that dispenses both hot and cold purified water and includes a unique mechanism designed for use on Shabbat.... Continue reading →

Survey: Majority of Israeli Opinion Leaders Say Rami Levy Offers Cheapest Passover Shopping Basket

Mar 10, 2026 by Ifi Reporter - Dan Bielski

A new survey conducted by the Geocartography Survey Institute found that a majority of Israeli opinion leaders believe the Rami Levy Hashikma Marketing supermarket chain offers the cheapest shopping basket for Passover. According to the survey, 62% of... Continue reading →

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