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

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United Airlines is due to receive permission to operate 3 weekly flights from San Francisco to and from Israel

Posted on Mar 16, 2021 by Ifi Reporter - Dan Bielski

By Thursday morning, airlines are expected to receive approval or rejection from the Airports Authority (PA) for their slots requests (time windows for landing and takeoff) that they have...

Tel Aviv Stock Exchange Net income in 2020 grew by 110% to NIS 36.9 million

Posted on Mar 16, 2021 by Ifi Reporter - Dan Bielski

The corona crisis had a positive effect on the Tel Aviv Stock Exchange, which published its financial statements for the fourth quarter of 2020. The crisis significantly increased trading volumes,...

Workers of the bakery, "Lachmano" in the city of Kiryat Shmona who may be fired demonstrated in front of the municipality

Posted on Mar 16, 2021 by Ifi Reporter - Dan Bielski

Workers of the bakery, "Lachmano" in the city of Kiryat Shmona, who may be fired due to a change in the tender for the supply of bread to the IDF, demonstrated in front of the city hall...

Typernex is expanding to India and has signed a cooperation agreement with Stockal

Posted on Mar 16, 2021 by Ifi Reporter - Dan Bielski

The Israeli market analysis platform Typernex is expanding to India and has signed a cooperation agreement with Stockal, India's largest international brokerage firm. As part of the...

EyeYon Medical announced today the completion of a $25 million in a Series C funding

Posted on Mar 16, 2021 by Ifi Reporter - Dan Bielski

EyeYon Medical announced today the completion of a $25 million in a Series C funding, led by a global strategic leader in the ophthalmic industry and CR-CP Life Science Fund, which invests in life...

Telrad earned $ 1.9 million in the fourth quarter of 2020 compared to a loss of $ 3.2 million

Posted on Mar 16, 2021 by Ifi Reporter - Dan Bielski

The Telrad company controlled by the Fortissimo Fund (41%) continues the positive trend of increasing its revenues and improving its profitability. Telrad is active in three sectors: products,...

Malam-Tim published its financial reports for 2020: profit of NIS 77 million

Posted on Mar 16, 2021 by Ifi Reporter - Dan Bielski

Malam-Tim published its financial reports for 2020, in which it presented a 79% jump in net profit in the fourth quarter of 2020, which amounted to NIS 24.8 million, compared with the...

Again: HOT heads the Consumer Council's parade of complaints

Posted on Mar 15, 2021 by Ifi Reporter - Dan Bielski

HOT heads the Consumer Council's parade of complaints. This is according to a report she publishes in honor of International Consumer Day, which falls tomorrow, March 15. This is despite the...

The digital bank controlled by Prof. Amnon Shashua announced today (Sunday) that it is starting a pilot

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

The digital bank controlled by Prof. Amnon Shashua announced today (Sunday) that it is starting a pilot for the bank's activities. This is the first time in 43 years that a new bank has been...

Grants for 2021 self-employed can be submitted for January-February

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

Grants, which are among the last approved by the government to assist the economy, will be transferred to the banks' accounts in the coming weeks. These are the first grants for 2021, when...

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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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