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

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Duolingo Stock Soars 12% as Wall Street Backs AI Strategy and Growth Vision

Posted on Aug 18, 2025 by Ifi Reporter - Dan Bielski

Duolingo shares jumped more than 12% on Tuesday following bullish analyst reports from two major investment firms, which dismissed concerns about the threat of artificial intelligence and set...

Cheers to a Record: Palace Modi'in Resident Exhibits Israel’s Largest Beer Glass Collection

Posted on Aug 17, 2025 by Ifi Reporter - Dan Bielski

A special and spirited exhibition is currently on display at the Palace Modi'in assisted living home , showcasing Israel’s largest beer glass collection — nearly 500 unique...

Cheers to a Record? Palace Modi'in Resident Displays Israel's Largest Beer Glass Collection

Posted on Aug 16, 2025 by Ifi Reporter - Dan Bielski

Residents of the Palace Modi'in assisted living home are raising their glasses in admiration of a unique and spirited exhibition now on display—a collection of approximately 500 beer...

Shfaram's T&E Fashion Complex Begins Exporting Luxury Dresses to UAE

Posted on Aug 15, 2025 by Ifi Reporter - Dan Bielski

The T&E Complex in Shfaram , Israel’s largest fashion complex, has begun exporting luxury evening and wedding dresses to the United Arab Emirates , specifically to high-end...

Israeli Farmers Face Crisis as Drought Compensation Falls Short by NIS 17 Million

Posted on Aug 12, 2025 by Ifi Reporter - Dan Bielski

A historic drought that ravaged Israel’s winter crops in the 2024/25 growing season has left hundreds of farmers in financial peril, as the Agricultural Natural Damage Fund (KENT)...

Milotel Expands Distribution: French Fries to Hit Carrefour Shelves Nationwide

Posted on Aug 11, 2025 by Ifi Reporter - Dan Bielski

"Milotel" , the Israeli manufacturer of French fries and frozen vegetables, is expanding its footprint in the retail market and has signed a new distribution agreement with Carrefour...

Partner Communications Reports Strong Q2 2025 Results: Profit Up 26%, Cash Flow Nearly Doubled

Posted on Aug 11, 2025 by Ifi Reporter - Dan Bielski

Partner Communications Group published its financial results for the second quarter of 2025, reporting strong growth across all major profitability indicators. The company saw a 26% increase in...

Tel Aviv Court Rules IKEA Israel Must Pay Tax on Franchise Fees to Global Parent Company

Posted on Aug 8, 2025 by Ifi Reporter - Dan Bielski

The Tel Aviv District Court has ruled that  IKEA Israel must pay tax on franchise fees  transferred to its global parent company, rejecting the company's claim that these payments...

Changan Launches Strategic Consolidation Under "China Changan Automobile Group Co., Ltd."

Posted on Aug 5, 2025 by Ifi Reporter - Dan Bielski

Changan , one of the world's largest and most advanced automobile manufacturers, has announced the consolidation of all global operations under a new umbrella entity: China Changan...

Ituran Launches Keyless Vehicle Security System with Biometric ID

Posted on Jul 31, 2025 by Ifi Reporter - Dan Bielski

Ituran, a leader in automotive technology, has unveiled Ituran KEY —a next-generation vehicle security system that replaces traditional keypad codes with advanced biometric...

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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 →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →

SACHEK NA Introduces New 3D Plastic Puzzle Collection Featuring Iconic Cars

Aug 25, 2026 by Ifi Reporter - Dan Bielski

Israeli toy and puzzle company SACHEK NA, owned by Meir Klughaft and Yossi Bar-On, is introducing a new collection of 3D plastic vehicle puzzles, combining traditional puzzle assembly with three-dimensional model building. From Porsche and Ferrari to the Harry Potter Bus The new... Continue reading →

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