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

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Klil and Ort Marom School Partner to Support Acre’s Needy Families Through Skilled Youth Training

Posted on Jul 30, 2025 by Ifi Reporter - Dan Bielski

Klil Industries, a leading aluminum company based in Karmiel, has partnered with Ort Marom School in Acre in a meaningful social contribution project that blends vocational training, community...

Houthi Missile Intercepted Over Central Israel; No Casualties Reported

Posted on Jul 30, 2025 by Ifi Reporter - Dan Bielski

Air raid sirens sounded across central Israel on Tuesday evening following a missile launch from Yemen, marking the latest escalation by the Iranian-backed Houthi rebels. The Israel Defense...

Dutch Government Declares Israeli Ministers Smotrich and Ben Gvir "Persona Non Grata" Over Gaza Policy

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

  In a dramatic diplomatic escalation, Dutch Foreign Minister Caspar Waldekamp announced Monday night that the Netherlands has officially declared Israeli ministers Bezalel Smotrich and...

Ituran Launches Biometric Vehicle Security System, Replacing Traditional Keypads

Posted on Jul 27, 2025 by Ifi Reporter - Dan Bielski

Ituran , a leader in automotive technology, has unveiled Ituran KEY , a revolutionary biometric vehicle security system that eliminates the need for traditional keypads and access codes. The...

Director of Prime Minister's "Wing Zion" Aircraft Dismissed Amid Dispute Over Operational Authority

Posted on Jul 27, 2025 by Ifi Reporter - Dan Bielski

Lt. Col. (res.) Eitan Liel , director of the Prime Minister’s "Wing Zion" aircraft , has been unexpectedly dismissed from his post, just days after accompanying Prime Minister...

“It’s Not Just French Fries”: Milotel and Chef Tom Aviv Launch Gourmet Chip Experience in Tel Aviv

Posted on Jul 27, 2025 by Ifi Reporter - Dan Bielski

Milotel , one of Israel’s leading French fries manufacturers, has partnered with celebrity chef Tom Aviv for a groundbreaking culinary venture titled “It’s Not Just French...

IDF Announces Death of Reserve Sgt. Maj. Bezalel Masabkar from Gaza Blast Injuries

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

The Israel Defense Forces (IDF) confirmed Saturday night the death of Reserve Senior Sgt. Maj. Bezalel Yehoshua Masabkar (32) , who succumbed to wounds sustained during combat in southern Gaza....

Suspected Car-Ramming Attack in Sharon: Eight Injured - Manhunt Underway

Posted on Jul 24, 2025 by Ifi Reporter - Dan Bielski

A suspected car-ramming terror attack occurred Thursday morning near Kfar Yona in the Sharon region, leaving eight people injured , five of them in moderate condition , and three lightly...

Israel Railways CEO Moshe Zhena Resigns Amid Criticism Over Electrification Project Delays

Posted on Jul 23, 2025 by Ifi Reporter - Dan Bielski

 Moshe (Shiko) Zhena, CEO of Israel Railways, announced his resignation during a meeting of the company’s board of directors, marking the end of his two-year tenure. The announcement...

Armis Security Completes $100 Million Secondary Round, Valuation Rises to $4.5 Billion

Posted on Jul 23, 2025 by Ifi Reporter - Dan Bielski

Cybersecurity leader Armis Security has completed a $100 million secondary share sale , raising its company valuation to $4.5 billion , up from $4.3 billion in its previous funding round last...

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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 →

L’Oréal Signs 50-Year Global License Agreement for Gucci Beauty

Jul 15, 2026 by Ifi Reporter - Dan Bielski

L’Oréal has signed an exclusive worldwide 50-year license agreement to create, develop, and distribute fragrance and beauty products under the Gucci Beauty brand, strengthening its position in the global luxury beauty market. The agreement follows the previously... Continue reading →

Mul-T-Lock Partners With Ruach Nashit to Promote Women's Economic Independence

Jul 15, 2026 by Ifi Reporter - Dan Bielski

Mul-T-Lock , a leading Israeli security solutions company, has joined forces with Ruach Nashit (Women's Spirit), an organization dedicated to promoting economic independence among women survivors of domestic violence. The partnership aims to support women in rebuilding their lives... Continue reading →

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