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

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The Israeli start-up Verbit acquired the American subtitle provider VITAC

Posted on May 11, 2021 by Ifi Reporter - Dan Bielski

The Israeli start-up company Verbit, which has developed an artificial intelligence-based transcription system, announced today (Tuesday) the acquisition of the American subtitle provider VITAC....

Playtica reports revenue of $ 639 million in the first quarter

Posted on May 11, 2021 by Ifi Reporter - Dan Bielski

Playtica reports revenue of $ 639 million in the first quarter of 2021, compared to revenue of $ 534 million in the same quarter in 2020. Net income remained unchanged at $ 35.7 million in the...

Bank of Israel considers to issue a digital Shekel

Posted on May 11, 2021 by Ifi Reporter - Dan Bielski

The Steering Committee of the Bank of Israel published a report on the public's attitudes towards a possible issuance of a "digital shekel", in which it notes the possible benefits...

93.2% of consumer loans frozen since the beginning of the crisis have already been repaid

Posted on May 11, 2021 by Ifi Reporter - Dan Bielski

93.2% of consumer loans frozen since the beginning of the crisis have already been repaid. This is a positive and important statistic, since consumer credit is considered high-risk credit. The...

Submarine case: indictments were filed against seven but not against Netanyahu lawyer

Posted on May 10, 2021 by Ifi Reporter - Dan Bielski

Almost four years after the start of the investigation into the submarine case (Case 3000), indictments were filed this morning (Monday) against seven alleged perpetrators of bias related to...

Hundreds of people demonstrated tonight across the country following the clashes in Jerusalem

Posted on May 10, 2021 by Ifi Reporter - Dan Bielski

Hundreds of people demonstrated tonight (Monday) across the country following the clashes in Jerusalem around the Sheikh Jarrah neighborhood and the Temple Mount. Roads were blocked and tires set...

The Investment Authority is embarking on an assistance track for industrial plants

Posted on May 10, 2021 by Ifi Reporter - Dan Bielski

The Investment Authority in the Ministry of Economy and Industry is embarking on an assistance track for industrial plants throughout the country, which retained workers at least 75%, relative to...

Diamond industry: In the first 4 months net imports of rough diamonds to Israel amounted to about $ 594 million

Posted on May 10, 2021 by Ifi Reporter - Dan Bielski

The positive trend recorded in the diamond industry continues since the end of 2020 and marked an excellent first trio for the industry, with significant increases in all four major trade...

The Supervisor of Banks demands banks r to improve the awareness of people with disabilities

Posted on May 10, 2021 by Ifi Reporter - Dan Bielski

The Supervisor of Banks has contacted the CEOs of the banks, the Ministry of Defense and the National Insurance Institute in order to improve the awareness of people with disabilities of the...

The Medical Association: warning strike for 24 hours in all hospitals in Israel

Posted on May 9, 2021 by Ifi Reporter - Dan Bielski

The Medical Association has decided to carry out its threats, and starting Monday at 7:00 a.m. there will be a 24-hour "warning" strike in all hospitals and community clinics. The...

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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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