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

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Bank of Israel intervened significantly during the trading day in the foreign exchange market

Posted on Dec 3, 2020 by Ifi Reporter - Dan Bielski

The Bank of Israel intervened significantly during the trading day in the foreign exchange market, in order to stop the deterioration in the dollar exchange rate against the shekel. During the...

Court ordered a resident of Ashkelon to compensate journalist Guy Peleg with NIS 568,000

Posted on Dec 2, 2020 by Ifi Reporter - Dan Bielski

The Tel Aviv Magistrate's Court ordered a resident of Ashkelon to compensate journalist Guy Peleg with NIS 568,000, after she did not submit the defense to the defamation lawsuit against her....

ABCOM will serve as Kramer’s exclusive distributor in the United Arab Emirates

Posted on Dec 2, 2020 by Ifi Reporter - Dan Bielski

Kramer, which develops professional audio-video hardware and software solutions, has signed a strategic distribution agreement with ABCOM Distribution LLC – part of the Almoe Group and...

OECD: Rising unemployment increase in insolvency cases after the second closure, will hamper a recovery in consumption and investment

Posted on Dec 1, 2020 by Ifi Reporter - Dan Bielski

"After a decline of 4.25% in 2020, the economy's GDP is expected to grow by 2.25% in 2021 and 4.25% in 2022," according to the OECD forecast for the Israeli economy published today....

National Cyber ​​System are investigating a suspicion of a cyber attack on the website of the insurance company Shirbit

Posted on Dec 1, 2020 by Ifi Reporter - Dan Bielski

As of Monday, the Capital Market Authority and the National Cyber ​​System are investigating a suspicion of a cyber attack on the website and servers of the insurance company Shirbit, in the...

The Israel Shipyards Company presented 9% decrease in profit or

Posted on Nov 29, 2020 by Ifi Reporter - Dan Bielski

The Israel Shipyards Company presented good financial results for the third quarter of 2020. However, the net profit of Israel Shipyards (+ 0.46% 6401) - controlled by Sami Katsav, Asi...

The Israel Shipyards Company presented 9% decrease in profit for Q3 to NIS 16 million

Posted on Nov 29, 2020 by Ifi Reporter - Dan Bielski

The Israel Shipyards Company presented good financial results for the third quarter of 2020. However, the net profit of Israel Shipyards (+ 0.46% 6401) - controlled by Sami Katsav, Asi...

Attorney General Avichai Mandelblit to P.M Netanyahu: Budget approval must be passed quickly

Posted on Nov 29, 2020 by Ifi Reporter - Dan Bielski

Attorney General Avichai Mandelblit addressed Prime Minister Benjamin Netanyahu, Defense Minister Bnei Gantz and Finance Minister Israel Katz regarding the dates of the 2020 and 2021 state budgets...

141 exporting companies have been notified of their winning funding and assistance

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

In recent days, one hundred and forty-one exporting companies have been notified of their winning funding and assistance in increasing the export activity of international markets, as part of the...

Histadrut launched a new campaign to encourage employees to form workers unions

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

On Saturday evening, the Histadrut launched a new campaign to encourageemployees to form workers unions. The campaign, which arises against the background of the Corona crisis, will be broadcast...

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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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