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

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Poalim Capital Markets completed an investment of approximately NIS 115 million in the company "Eco City S. L. Entrepreneurship

Posted on Jan 4, 2021 by Ifi Reporter - Dan Bielski

Poalim Capital Markets, the equity investment and investment banking arm of Bank Hapoalim under the management of Kobi Shalom, has completed an investment of approximately NIS 115 million in the...

Tene Fund signed a deal to acquire control (51%) of Haifa Chemicals for $ 300 million

Posted on Jan 4, 2021 by Ifi Reporter - Dan Bielski

The Tene Fund signed a deal to acquire control (51%) of Haifa Chemicals for $ 300 million. The deal was signed over the weekend and Tene, managed by Ariel Halperin, will add some of its investors...

Housing prices in Tel Aviv have reached a new high this year - rental prices rose by 9.5%

Posted on Jan 4, 2021 by Ifi Reporter - Dan Bielski

Since the beginning of the Corona crisis, it has been believed that mortgage rates will fall and that many will sell the apartments they own so that the supply of apartments will be large....

21 residents and staff members of a nursing home in Bat-Yam were infected with Corona

Posted on Jan 2, 2021 by Ifi Reporter - Dan Bielski

21 residents and staff members were evacuated today (Saturday) from the Neve Babov nursing home in Bat Yam after being diagnosed with corona, a few days after being vaccinated against the virus....

Rami Levy will acquire Israir for NIS 162 million - Moti Ben Moshe demands a new round of bids

Posted on Dec 31, 2020 by Ifi Reporter - Dan Bielski

Rami Levy and BGI have already enjoyed an increase in their shares, after IDB bondholders voted by a 75% majority in favor of their offer to acquire Israir for NIS 162 million. However, it now...

On the last day of the 2020 Knesset Finance Committee approved the transfer of NIS 3.5 billion from target to target

Posted on Dec 31, 2020 by Ifi Reporter - Dan Bielski

On the last day of the 2020 budget year, at noon, 9 MKs (out of 17) in the Knesset Finance Committee approved, in less than three hours, the transfer of NIS 3.5 billion from target to target...

Isracard is preparing for 200 layoffs, about 14% of the total number of employees

Posted on Dec 31, 2020 by Ifi Reporter - Dan Bielski

Isracard is preparing for the official inauguration of Tamar Yasur as chairman of the company, and is cleaning stables: Today the credit card company announced that the company's board of...

428 people out of 15,144 vaccinated who underwent corona testing were found positive

Posted on Dec 31, 2020 by Ifi Reporter - Dan Bielski

428 people out of 15,144 vaccinated who underwent corona testing were found to be positive. This is according to data from the Ministry of Health. The ministry stated that "this is not a...

The Consumer Protection and Fair Trade Authority opposes intention to close down the 2nd and 3rd generation cellular networks

Posted on Dec 31, 2020 by Ifi Reporter - Dan Bielski

The Consumer Protection and Fair Trade Authority opposes the Ministry of Communications' intention to close down the 2nd and 3rd generation cellular networks, without a mechanism that would...

3 patent attorneys are establishing an office in the field of intellectual property: we will not forget social awareness

Posted on Dec 28, 2020 by Ifi Reporter - Dan Bielski

Three senior patent attorneys are establishing a new office in the field of intellectual property in Israel. "We are embarking on a new path, as a skilled team, with shared professional...

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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 →

Idit Catering of Dan Hotels Group Wins Contract to Operate Meat-Based Dining at Rafael

Mar 21, 2026 by Ifi Reporter - Dan Bielski

Idit, a catering company within the Dan Hotels Group, has won a tender to operate the meat-focused dining services for Rafael Advanced Defense Systems. Under the agreement, Idit will provide thousands of meat-based meals daily across Rafael’s sites. As part of its meat dining... Continue reading →

PR Leaders Zvi Wilder and Shira Fachter Launch Strategic Collaboration Across General and Haredi Sectors

Mar 21, 2026 by Ifi Reporter - Dan Bielski

Prominent Israeli communications advisor Zvi Wilder, owner of Wilder Public Relations, and Shira Fachter, host of the television program Vaart on Channel 13 and a leading influencer in the Haredi sector, have announced a strategic partnership to jointly manage campaigns across both the... Continue reading →

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