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

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Minister of Strategic Affairs Ron Dermer Resigns - Citing Personal Reasons and Promise to Family

Posted on Nov 11, 2025 by Ifi Reporter - Dan Bielski

Minister of Strategic Affairs Ron Dermer submitted his resignation  to Prime Minister Benjamin Netanyahu on Tuesday, ending his tenure after nearly three years in office. Dermer, one of...
2,000 Dancers Gather in Eilat for National Israeli Folk Dance Festival

2,000 Dancers Gather in Eilat for National Israeli Folk Dance Festival

Posted on Nov 11, 2025 by Ifi Reporter - Dan Bielski

Approximately 2,000 participants from across Israel took part this weekend in the Israeli Folk Dance Festival at the Club Hotel Eilat. The event, conducted by national folk dance leader...

“Brickstone 3” to Launch in Tel Aviv as Fully Robotic Safe Deposit Complex

Posted on Nov 8, 2025 by Ifi Reporter - Dan Bielski

Tel Aviv will open the first automated safe deposit box complex in Israel and the Middle East on November 15 , the company Brickstone announced. The facility, named “Brixton...
Ituran Marks 20 Years on NASDAQ: Sheratsky Family to Ring Opening Bell

Ituran Marks 20 Years on NASDAQ: Sheratsky Family to Ring Opening Bell

Posted on Nov 5, 2025 by Ifi Reporter - Dan Bielski

The Sheratsky family — Eyal, Nir, and Gil Sheratsky, owners of Ituran — will ring the opening bell at the NASDAQ Stock Exchange in honor of the 20th anniversary of Ituran’s...

Coffin Handover from Hamas via Red Cross Arrives in Israel; Forensics Pending

Posted on Nov 5, 2025 by Ifi Reporter - Dan Bielski

A coffin handed over by Hamas has arrived in Israeli territory, after being transferred from the northern Gaza Strip to Israeli forces, the Prime Minister’s Office (Israel) announced this...

Israeli Startup Eon Raises $300 Million at $4 Billion Valuation

Posted on Nov 4, 2025 by Ifi Reporter - Dan Bielski

Just a year after achieving unicorn status — and less than two years after its founding — Israeli cloud-backup company Eon has raised $300 million at a valuation of $4 billion ....
Ituranmob Signs Strategic Deal with Shlomo Sixt for Smart Mobility Integration

Ituranmob Signs Strategic Deal with Shlomo Sixt for Smart Mobility Integration

Posted on Nov 3, 2025 by Ifi Reporter - Dan Bielski

Ituranmob , the global innovation and technology arm of the Ituran Group , has signed a major agreement with Shlomo Sixt , one of the world’s leading car rental companies, to install...
Partner and Univim Launch SIM-Based Mobile Identity Verification in Israel

Partner and Univim Launch SIM-Based Mobile Identity Verification in Israel

Posted on Nov 2, 2025 by Ifi Reporter - Dan Bielski

Partner Communications Group , one of Israel’s leading telecommunications providers, has announced a new partnership with Univim , a global pioneer in SIM-based mobile identity...

Hadas Mayim Celebrates 50,000 Spirit Plus Customers: Vice President personally surprises milestone buyer

Posted on Oct 31, 2025 by Ifi Reporter - Dan Bielski

Tzachi Selkman , Vice President of Hadas Mayim , one of Israel’s leading manufacturers and marketers of purified water bars, surprised a customer this week when he personally arrived at...

Noam Fedida Dor has been Appointed as the CEO of MAN Israel

Posted on Oct 30, 2025 by Ifi Reporter - Dan Bielski

The Transportation Equipment Group  has announced the appointment of  Noam Fedida Dor  as  CEO of MAN Israel , which operates the  Bus, Truck, and Commercial Vehicle...

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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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