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

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Klil Group Announces Senior Appointments as Part of Strategic Expansion

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

The Klil Group , Israel’s leading manufacturer of aluminum and window systems based in Karmiel , has announced a series of key executive and board appointments as part of its ongoing...
Rafael Secures €2 Billion Deal to Supply Spike Missiles to German Army Despite Diplomatic Tensions

Rafael Secures €2 Billion Deal to Supply Spike Missiles to German Army Despite Diplomatic Tensions

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

In one of the largest European defense deals signed by an Israeli company in recent years, Rafael Advanced Defense Systems will supply the German army with Spike anti-tank missiles in a...

Body of Abducted Officer Major Tal Haimi Identified and Returned to Israel for Burial

Posted on Oct 20, 2025 by Ifi Reporter - Dan Bielski

Two years after his abduction to Gaza on October 7, the IDF confirms the identification of the late Nir Yitzhak defense squad commander, who fell in battle defending his community. The...

Writer and Journalist Gideon Alon Meets Palace Tel Aviv Residents in Special Memorial Day Event

Posted on Oct 20, 2025 by Ifi Reporter - Dan Bielski

At a moving gathering marking the National Memorial Day of October 7, author Gideon Alon discussed his new book “Fierce Storm – A War Diary Since 07.10.23” and reunited with...

Hadas Water Expands Distribution to Four New Retail Chains Across Israel

Posted on Oct 20, 2025 by Ifi Reporter - Dan Bielski

Hadas Water Company , a leading provider of advanced water filtration and purification systems, has significantly expanded its national retail presence. The company announced its entry into...

Ituran Becomes Main Sponsor of M.K. Otef Darom Basketball Club

Posted on Oct 6, 2025 by Ifi Reporter - Dan Bielski

Ituran announced the signing of an agreement to become the primary sponsor of the M.K. Otef Darom basketball club, a professional team based in the Gaza Envelope near Kibbutz Magen....

Hadas Water Marks New Year with Strategic Product Launches

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

About 90 employees of Hadas Water (HDS) gathered at the company’s headquarters in Rishon LeZion to mark the new year with a traditional toast and forward-looking announcements. CEO...

Gindi TLV Equips New Towers with YALE® Smart Locks Worth NIS 2 Million

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

Real estate developer Gindi TLV has equipped 770 residents of the third and fourth towers in its flagship Tel Aviv residential project with LINUS™ L2 smart locks by YALE® , at a...

RAMI LEVY HASHIKMA MARKETING Launches Discounted Sukkot Products at Lowest Market Prices

Posted on Sep 29, 2025 by Ifi Reporter - Dan Bielski

As the holiday of Sukkot approaches, RAMI LEVY HASHIKMA MARKETING  announced a wide range of festive products aimed at providing affordable solutions for Israeli families preparing for the...

Missile from Yemen Intercepted Over Israel After Massive IDF Strike on Sana’a

Posted on Sep 26, 2025 by Ifi Reporter - Dan Bielski

IDF confirmed late Thursday night that a missile launched from Yemen toward Israel was successfully intercepted, just hours after the Air Force carried out its largest strike to date on 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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