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

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A significant increase in purchases in Arab society ahead of Ramadan: credit card expenses rose by 43.47%

Posted on Apr 30, 2021 by Ifi Reporter - Dan Bielski

A significant increase in purchases in Arab society ahead of Ramadan: The amount of credit card expenses in the ten largest Arab localities rose this year by 43.47% in the week before the holiday...

CamTech earned $ 13.4 million, which is 30 cents a share

Posted on Apr 28, 2021 by Ifi Reporter - Dan Bielski

The tide in the chip market led CamTech, which develops and manufactures test and measurement equipment for chipmakers, to another quarter in which it surpassed analysts' forecasts for its...

Rafael raised NIS 800 million in bonds

Posted on Apr 28, 2021 by Ifi Reporter - Dan Bielski

The government defense industry company Rafael today (Wednesday) raised NIS 800 million in bonds by issuing private bonds in the expansion of series C, D and E. The company planned to raise NIS...

Bank of Israel resumed its intervention in foreign currency trading: $1 = NIS 3.26

Posted on Apr 28, 2021 by Ifi Reporter - Dan Bielski

The Bank of Israel resumed its intervention in foreign currency trading, and following the acquisition of hundreds of millions of dollars, the dollar exchange rate in continuous trading rose to...

Google announced the establishment of a local cloud infrastructure in Israel

Posted on Apr 28, 2021 by Ifi Reporter - Dan Bielski

Google this morning (Wednesday) officially announced the establishment of a local cloud infrastructure in Israel. The company issued a short press release on the subject, quoting Boaz Maoz, CEO of...

Ended: The limits on the permitted passenger capacity on trains and buses

Posted on Apr 27, 2021 by Ifi Reporter - Dan Bielski

Thursday - the limit on the permitted passenger capacity on trains and buses, which currently amounts to 75% of the possible occupancy, will be abolished. This was made possible following...

Recommended: Stop monitoring the price of butter and allow the market to set the price

Posted on Apr 26, 2021 by Ifi Reporter - Dan Bielski

The Prices Committee of the Ministries of Agriculture and Finance has recommended that ministers stop monitoring the price of butter and allow the market to set the price. The committee recommends...

The dollar continues to weaken against the shekel: NIS 3.24 - Non-intervention of the Bank of Israel surprises

Posted on Apr 26, 2021 by Ifi Reporter - Dan Bielski

The dollar continues to weaken against the shekel - and the Bank of Israel does not interfere in trading. The representative exchange rate of the dollar was set on Monday at NIS 3.24, a decrease...

Max Stock: Suspicion of large-scale evasion of customs payments

Posted on Apr 26, 2021 by Ifi Reporter - Dan Bielski

As part of an ongoing investigation against the Max Stock company regarding customs and imports, representatives of the Haifa Customs House arrived at the company's offices yesterday, searched...

Blackstone Fund is entering Israel - Yifat Oron will be the CEO

Posted on Apr 25, 2021 by Ifi Reporter - Dan Bielski

Yifat Oron, until recently CEO of Leumi Tech, will lead the Blackstone Fund's new investment activity in Israeli high-tech - in Tel Aviv. The fund, which is considered one of the largest in...

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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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