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

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Unicorn fintech Tipalti announced the acquisition of Israeli startup Approve

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

Unicorn fintech Tipalti, which allows companies to make global and local payment transfers automatically, announced the acquisition of Israeli startup Approve.com, which provides purchasing...

Parole board: the prison sentence of Tzipi Refaeli mother of supermodel Bar Refaeli will be reduced

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

The parole board decided today (Tuesday) that the prison sentence of Tzipi Refaeli, her mother and the personal agent of supermodel Bar Refaeli, who was convicted of tax evasion by millions, will...

The Consumer Protection Authority will impose a fine of NIS 6.75 million on Bezeq

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

The Consumer Protection and Fair Trade Authority will impose a fine of NIS 6.75 million on Bezeq for misleading consumers regarding the speed of browsing the services they purchased from it. Bezeq...

Bezeq group will be able to sell a triple package at lower prices than those currently available

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

The Alpha Group (which includes yes, Bezeq International and Pelephone) will now be able to sell a triple package, which includes yes' TV services, at lower prices than those currently...

73% of the young couples' apartment purchases in 2020 were in the free market

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

The young couples despaired of the promises of discounted housing, and returned to the free market. 73% of the young couples' apartment purchases in 2020 were in the free market, according to...

Fox continues to expand: will open Flying Tiger Copenhagen chain of stores in Israel

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

Fox, which is controlled by the Wiesel and Fox families, continues to expand: the company has signed a memorandum of understanding for a concession to establish and operate the Flying Tiger...

Innovation Authority intends to launch another program to encourage high-tech in Be'er Sheva in the amount of NIS 25 million

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

The Innovation Authority intends to launch another program to encourage high-tech in Be'er Sheva. The Innovation Authority intends to submit to the Finance Committee for approval a new plan in...

temporary injunction prohibits Exphon from negotiating cellular network sharing other than Cellcom

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

The Tel Aviv District Court has issued a temporary injunction prohibiting Exhpon from continuing negotiations to formulate a cellular network sharing agreement with a company other than Cellcom....

El Al expands the route network and opens lines to Belgrade, Sofia, Bulgaria, Paphos in Cyprus

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

El Al expands the route network and opens lines to Belgrade, the capital of Serbia, Sofia, the capital of Bulgaria, Paphos in Cyprus, Rhodes, Crete and Thessaloniki in Greece. Paphos, Cyprus -...

The Israeli company TipRanks has completed a $ 77 million round of funding

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

The Israeli company TipRanks has completed a $ 77 million round of funding, led by the international technology corporation Prytek and with the participation of Moore Investment House. This is 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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